Why is Development Economics a prominent trend for the future?

Development Economics studies the process of economic growth and development. Its goal is to achieve sustainable development in the context of internationalization, globalization, and global change.

Development Economics employs knowledge management strategies, economic theory systems, economic analysis methods, policy planning, and mathematical models to address development issues of businesses, communities, regions, countries, and internationally.
Training in Development Economics is a prominent trend as the knowledge in this field meets the high current demands in international business activities, data analysis, policy planning, and international, national, local, and corporate development strategies.

By studying this field, students will acquire essential skills including foreign language proficiency and leadership abilities; data discovery skills; a professional scientific research attitude; dynamism, good communication, negotiation and persuasion skills; adaptability, activity planning, and effective time management.

What are the benefits of a student attending the Program of Development Economics at UEB?

Top-tier learning environment

Students of the Development Economics program study in a modern, dynamic, and international learning environment UEB, equipped with state-of-the-art facilities, classrooms, and equipment.

In the field of Development Economics, 90% of lecturers graduated from top universities worldwide in countries like the UK, USA, Australia, the Netherlands, Japan, South Korea, and Taiwan. Among them, over 70% of the lecturers hold the titles of Professor, Associate Professor, or PhD. Every year, a selection of world-renowned foreign professors come to UEB to conduct research and teach students enrolled in the Development Economics program.

A specialized and internationalized academic program

Students attending the Development Economics program learn and research the most modern fields in economics today, including microeconomics, macroeconomics, behavioral economics, public economics, public policy and development policy, resource and environmental economics, and sustainable development economics.

Firstly, students have three internships, in which third-year students have the opportunity to access internships abroad in countries in Southeast Asia, East Asia, and other developed countries.

Secondly, in their final year, students choose one of the following four specializations for study, and internship, and prepare for their graduation thesis: Economics, Economic Data Analysis and Development Policy, Public Policy and Development, Environmental Economics, and Sustainable Development.

Thirdly, the Development Economics program emphasizes on training students to analyze data professionally. The global demand for individuals skilled in generating knowledge from big data exceeds the supply by over 50%. Due to the significant shortage of personnel in this field, the income of economic data analysis experts is among the highest in the economics sector, and it also takes them a very short time to find suitable employment. In the Development Economics program, there are up to 11 courses (modules) on economic data analysis and development policy, ensuring graduates can perform professional data analysis.

Fourthly, the program aims to train global citizens, who are proficient in foreign languages, open-minded, and capable of creating breakthroughs in solving current global issues such as international development, resource and environmental economics, and sustainable development economics. Fourth-year students in the Development Economics program can continue to register for transfer programs and receive degrees from universities in developed countries. Many graduates of the Development Economics program have received scholarships to study at advanced universities worldwide.

Faculty of Development Economics where you are supported and your dreams are nurtured

Besides studying, the Faculty of Development Economics equips students with basic research foundations. The Faculty always creates opportunities and provides support and guidance for students in doing scientific research. Therefore, students can develop independent research of their own that is guided by a lecturer or work on part of a lecturer’s current research project. Additionally, students have the opportunity to receive research scholarships, internship scholarships found by lecturers of the Faculty. In the academic year 2020-2021, three universities from Canada and Taiwan committed to providing scholarships for Development Economics students to conduct research, and implement theses, and carry out summer internships abroad.

Besides UEB extracurricular activities, the Faculty regularly organizes lively and attractive activities for students.

With dynamism and youthfulness, Development Economics students will be exposed to new, modern ways of thinking to enhance their skills and knowledge. In addition, students can also develop many personal skills along with a scientific mindset.

For more information about the training program, click here.