Economics

The Bachelor of Arts in Economics at the American University of Beirut offers students a comprehensive and rigorous education in the principles and applications of economic theory. Designed to prepare graduates for diverse careers in finance, policy analysis, research, and academia, the program combines theoretical foundations with practical insights into real-world economic issues. Students engage deeply with core topics such as microeconomics, macroeconomics, econometrics, and development economics, gaining the analytical skills necessary to interpret complex data and inform decision-making processes. The curriculum emphasizes critical thinking, quantitative analysis, and empirical research methods to equip students with the tools needed to adapt to an evolving economic landscape. In addition to core courses, students have opportunities to explore specialized areas such as international economics, public policy, and financial economics, allowing for a tailored educational experience that aligns with their interests and career goals. The program is supported by distinguished faculty members who bring a wealth of academic expertise and practical experience, fostering an environment of intellectual growth and inquiry. Graduates of the Bachelor of Arts in Economics at AUB are well-prepared to pursue advanced degrees or enter the workforce confidently, contributing to economic development and policy formulation in Lebanon, the Middle East, and globally. The university's affiliation with regional and international organizations, combined with state-of-the-art facilities and resources, ensures students receive a well-rounded education that blends theory and practice. Engaging seminars, research projects, and internships offer real-world exposure, making students competitive in the global job market. The program’s flexible structure also allows students to combine their economics studies with minors or electives in related fields such as political science, business administration, or sociology, fostering interdisciplinary understanding. Overall, the Bachelor of Arts in Economics at AUB is dedicated to developing analytical thinkers and responsible citizens who can contribute meaningfully to economic policy, business innovation, and societal progress.

Students in the Economics program are trained to understand the functioning of markets, of firms, and of financial institutions. Through the undergraduate program, students are exposed to a strong quantitative base of mathematics and statistics, which helps enhance their analytical skills and critical thinking. These techniques equip students to understand economic models and apply them to public debates about economic policy, planning and regulation.

The program also offers a global perspective by training students in international trade, globalization, labor markets and jobs, development and growth, health and welfare, and the management of depletable resources. With the research our faculty members conduct, students are exposed to policy-relevant questions and cases that affect the region. They also gain a perspective and an understanding of our economic situations and the issues faced in our region. This will in turn give them an upper hand when entering the job market in the Middle East.

Students completing 12 years of schooling and doing one of the following programs: High School Program, SAT program, AP program, IGCSE (O Levels), IB Certificate or any other school leaving certificate (other than Lebanese Baccalaureate) can apply to the freshman program at AUB.

The freshman program is a majorless year (2 regular semesters) whereby the student can take different courses and follow either a scientific track or a track in humanities. Once the student completes the freshman year, he/she gets to enroll in a specific major at the sophomore level based on his/her average or GPA.

To apply for regular admissions, the student needs to submit an undergraduate application along with the following documents:

a. SAT1 results
b. High school records during grades 10 and 11
c. Counselor/Teacher recommendation(s)/Extracurricular Activities/Other Achievements

Once the student is admitted, he/she will be required to present evidence of having successfully completed Grade 12 and show a level of proficiency in the English language by obtaining a minimum score of 573 on the paper based TOEFL OR 230 on the Computer Based TOEFL (OR 88 on Internet Based TOEFL), OR 500 on the University English Entrance Examination (EEE) OR 380 and above on the writing section of the OLD SATI (Jan 2016 or Earlier) OR 5.5 on IELTS (for IELTS we also requires an additional English Placement test to be done at AUB).   

AUB’s Office of Financial Aid has devised several types of need-based assistance programs. These include grants based on the financial status of the student’s family, student loans at low interest rates and favorable repayment options, academic merit scholarships, work study programs that allow students to finance their education while acquiring professional skills at various offices in the University, and assistantships for graduate students.

The AUB scholarship program ensures that students who meet the University's academic standards will have the opportunity to receive an AUB education.

AUB has always been committed to educating students from different nationalities, religions, races, and political persuasions. We are working hard to make sure that economic background is not a factor in the admission process. The University's liberal arts curricular and educational philosophy rests on the principles of intellectual freedom, scientific reasoning, and exposure to a wide range of ideas. AUB encourages concentration in a field of study and seeks to cultivate morally conscious citizens.

The Economics program at the American University of Beirut (AUB) offers students a comprehensive understanding of economic theories, principles, and their applications in real-world scenarios. The curriculum is designed to equip students with analytical skills, quantitative methods, and critical thinking necessary for various careers in government, business, academia, and international organizations. The program emphasizes both microeconomics and macroeconomics, providing a balanced foundation in the core areas of the discipline. Students also have opportunities to specialize in fields such as development economics, international economics, or financial economics, depending on their interests.

The AUB Economics Department is known for its distinguished faculty members who are actively involved in research that addresses regional and global economic issues. The program includes a blend of lectures, seminars, and practical research projects aimed at fostering an understanding of how economic policies impact society. Students are encouraged to participate in internships, study abroad programs, and research initiatives to gain practical experience and enhance their employability.

Graduates of the Economics program are well-prepared for diverse career paths, including roles in economic planning, policy analysis, consulting, banking, and international development. The program also provides a solid foundation for those wishing to pursue graduate studies in economics or related fields. The university's vibrant academic community and strong ties with regional and international institutions enrich the learning environment and provide valuable networking opportunities. Overall, AUB’s Economics program aims to produce graduates who are intellectually rigorous, socially responsible, and capable of contributing effectively to economic development and policy-making in Lebanon, the Middle East, and beyond.