Concentrations

Agricultural Economics Concentration

Phatima Mamardashvili

 

The concentration in Agricultural Economics provides ISET students with expertise in economics as required for the agricultural sector. Students who successfully complete the first year of studies at ISET are eligible to participate in the concentration.

This concentration includes 3 required core courses, to be taken during the second year of study:

  • Agricultural and Food Policy Analysis
  • Price Formation on Agricultural Product and Factor Markets
  • International Agricultural Trade

Students will be able to choose additional courses from a menu of relevant electives, including but not limited to Advanced Econometrics, Program Evaluation, Financial Econometrics.

Students are required to attend the seminars and research workshops specifically designed for the concentration.

They will also have to write a Master's Thesis, a Literature Critique or an Applied Project related to agricultural economics.

ISET will assist students accepted into this concentration in securing a summer internship in a related field, so that they enter with some practical experience in the field. During the academic year, the students will have additional opportunities to interact with agribusinesses, farmer associations, NGOs, and public sector entities operating in the agricultural sector and rural economy, through seminars and site visits to farms and agribusinesses.

As an alternative to a summer internship, students will have the opportunity to read (and write a short review of) literature related to agricultural economics (to be agreed with the coordinator of the concentration). This document must be submitted/discussed at the beginning of the first mini-term.

In 2014, ISET was awarded a three year grant from USAID in support of the Agricultural Economics Concentration and for the establishment of the Agricultural Policy Research Center (APRC) at ISET-PI. Through this partnership with USAID, Prof. Phatima Mamardashvili, an agricultural economist from ETH Zurich, joined ISET and ISET-PI to provide leadership for activities undertaken by the APRC and this Concentration.

Concentration Coordinator: Professor Phatima Mamardashvili, This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Economic Theory Concentration

260x310 Florian Biermanni

 

The Economic Theory Concentration provides ISET students with expertise in game theory, industrial organization, and theoretical foundations of microeconomics. Students who successfully complete the first year of studies at ISET are eligible to participate in this concentration.

In the academic year 2016/17, students are required to take and pass all the four core courses from the following list:

  • Environmental Economics by Hans Wiesmeth
  • Resource Economics by Roegnvaldur Hannesson
  • Mechanism Design by Motty Perry
  • Industrial Organization by Avner Shaked

Students are encouraged to choose a methodology course from the following list:

  • Advanced Math I by Zaza Tevdoradze
  • Advanced Math II by Tornike Kadeishvili


Students accepted into this concentration are required to take part in two workshops that will be held in February in Tbilisi and in June in Lausanne.

Finally, students will have to write a Literature Critique or a Master's Thesis related to this concentration. Students are also required to attend any related seminars, workshops, or excursions.

Concentration coordinator: Florian Biermann, This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Energy Economics and Natural Resources Management Concentration

260x310 Norberto Pignatti

 

The Concentration in Energy Economics and Natural Resources Management provides ISET students with expertise in economics as required for the energy sector and the management of natural resources. Students from any country who successfully complete the first year of studies at ISET are eligible to participate in this concentration, which is registered in the Energy Economics Education database of the International Association for Energy Economics.

This concentration includes 4 core elective courses (12 credits), to be taken during the second year of study:

  • Economics of Energy Markets (Norberto Pignatti, ISET)
  • Natural Resources Economics (Rognvaldur Hannesson, Norwegian School of Economics)
  • Environmental Economics and Policy (Hans Wiesmeth, Dresden University)
  • One course to be selected among quantitative methods courses (ex. Program Evaluation, Advanced Time Series, Advanced Microeconometrics)

Students enrolled in the concentration must attend the seminars and research workshops specifically designed for the concentration.

Students are required to write a Master's Thesis, a Literature Critique or an Applied Project related to the concentration.

ISET assists students accepted into this concentration in securing a summer internship in a related field, so that they enter with some practical experience in the field. During the academic year, the students have additional opportunities to interact with firms and institutions operating in the field of energy and natural resources management, both through a dedicated series of seminars and visits to operational sites.

Since 2015, the two best students enrolled in the Concentration, have been invited to attend the Summer School in Natural Resources Management and Policy at the Norwegian School of Economics (NHH), where the "Norwegian Model" (applied to areas as diverse as electricity market, fisheries, and petroleum) was presented by NHH faculty along with guest lecturers from other academic institutions and the business community. All travel, housing and related costs have been covered by the Norwegian School of Economics.

Concentration Coordinator: Professor Norberto Pignatti, This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Human Resources Economics Concentration

l team 1

 

 

The Human Resources Economics Concentration provides ISET students with expertise in theoretical and applied economics in the fields of labor, health and education. Students who successfully complete the first year of studies at ISET are eligible to participate in this concentration.

Students are required to take and pass all the four core courses from the following list:

  • Labor Economics I
  • Labor Economics II
  • Health Economics or Education Economics

Students are also required to take one methodology course from the following list:

  • Advanced Econometrics
  • Program Evaluation
  • Time Series Econometrics
  • Financial Econometrics

Students accepted into this concentration are required to complete a summer internship or a summer reading project - reading and writing a review about concentration-related literature or a book, to be approved by the concentration coordinator.
Finally, students will have to write a Master’s Project related to the concentration. Students are also required to attend any concentration-related seminars, workshops, or excursions.

Concentration coordinator: Professor Muhammad Asali, This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Macroeconomic Policy Concentration

260x310 Yaroslava Babych

 

The Macroeconomics Policy Concentration provides students with both theoretical and policy background in a range of macroeconomics  fields. This concentration is appropriate for students who aspire to build a career in either domestic or international economic policy institutions such as the National Bank of Georgia, IMF, or World Bank. It is also appropriate for Ph.D. track students who are interested in pursuing doctoral research in development, economic growth, macroeconomic policy or related fields.

Students who have successfully completed the first-year of studies are eligible to apply.

In order to complete the concentration, the students must take the following two core elective courses in their second year:

  • Open Economy Macroeconomics
  • Advanced Topics in Macroeconomics

and at least one methods course from the following list:

  • Financial Econometrics
  • Economic Growth
  • Advanced Econometrics

Students are not obliged to write their Literature Critique or a Masters' Thesis in the field of macroeconomics. However, students are required to attend related seminars and workshops.

Students in the macroeconomics concentration must complete all the requirements mentioned above in order to graduate.

Please write to the concentration coordinator, Yaroslava Babych at This email address is being protected from spambots. You need JavaScript enabled to view it. with any questions.

 

Private Sector Development Concentration

260x310 sopiko skhirtladze

 

The concentration in Private Sector Development (PSD) provides ISET students with expertise in theoretical and applied economics in the fields of industrial organization, growth and development, and financial accounting. Students who complete this concentration will be able to understand and analyze factors that foster opportunities for entrepreneurship and job creation, access to finance, and competitive markets.
Students from any country who successfully complete the first year of studies at ISET are eligible to participate.

Students are required to take and pass all the four core courses from the following list:

  • Industrial Organization
  • Development Economics
  • Economic Growth
  • Financial Accounting Principles

Students are also required to take one methodology course from the following list:

  • Advanced Econometrics
  • Program Evaluation

Students accepted into the PSD Concentration are required to complete a summer internship or a summer reading project—reading and writing a review about concentration-related literature or a book, to be approved by the PSD coordinator.

Finally, students will have to write a Literature Critique, or a Master's Thesis, related to this concentration. Students are also required to attend any relevant seminars, workshops, or excursions.

Students accepted to the PSD concentration will not graduate until they satisfy all the requirements of the concentration: summer reading/internship, and passing the required courses.

Please direct any questions to the concentration coordinator, Sophiko Skhirtladze, atThis email address is being protected from spambots. You need JavaScript enabled to view it.

CONTACT US

16, Zandukeli St,
0108 Tbilisi,
Georgia

Telephone: (+995 32) 250 71 77
Fax: (+995 32) 299 86 44
Email: info@iset.ge

WHERE TO FIND US