Development Studies and Economics

Would you like to gain broad knowledge in the field of Economics? In the major Economics, you lay a broad foundation and learn how the financial market works. The major also focuses on the behavior of consumers and companies and how their choices influence each other.

Interview with an Economics student

This student, who’d rather stay anonymous, is studying at the University of Cambodia and majoring in Economics. The student chose this subject because it is essential for business, marketing and finance, which is the field the student ultimately wants to work in. What the student likes about this major is that it gives an insight in economy and how to make it grow. Their favourite subject is Marketing. As for the workload, the student gets assigned 2 assignments per week and studies 15 hours per week.

The student says that the high school subject of Mathematics is important for this major.

Interview with a Developmental Economics and Economics and Management student

DAN Daravuth (19) is a year 2 student at the Royal University of Law and Economics (RULE) and is taking two majors: Developmental Economics and Economics and Management. Daruvith got a scholarship to study at RULE and as he is really interested in politics and socioeconomics these majors are a good fit. So far he is really pleased with his choice because you learn how the government deals with the economic crisis and why spending is increased or decreased. You will also understand the relationship between price and the quality of goods, you learn about agricultural economics, international economics and learn how the market works.

His favourite subjects are Macroeconomics and Microeconomics, because they provide you with a better understanding of world economy and how individuals, firms and states make certain decisions in the economic world.
What is difficult for him is that for this major you need to be good at English, because most books on economics and articles for research are in English. So, if you are interested in this major, you should pay special attention to English when you are in high school. Another high school subject you should concentrate on is mathematics, because this is essential in economics.

Daravuth says these two majors met his expectations, because he now understands how economic decisions come about. He adds that in the future he would like to work for the Ministry of Economy and Finance.

The following universities offer this major:

• Angkor University, Siem Reap
• Asia Euro University, Phnom Penh
• Build Bright University Battambang, Battambang
• Build Bright University Phnom Penh, Phnom Penh
• Build Bright University Siem Reap, Siem Reap
• Build Bright University Sihanoukville, Sihanoukville
• Build Bright University Takeo, Takeo
• Cambodian Mekong University, Phnom Penh
• Cambodian University for Specialities, Phnom Penh
• Chea Sim University of Kamchaymear, Kamchaymear
• City University, Phnom Penh
• Dewey International University, Battambang
• IIC University of Technology, Phnom Penh
• International University, Phnom Penh
• National University of Battambang, Battambang
• National University of Management, Phnom Penh
• Paññāsāstra University of Cambodia, Phnom Penh
• University of Cambodia, Phnom Penh
• University of Economics and Finance, Phnom Penh
• University of Management and Economics, Battambang
• University of Southeast Asia, Siem Reap

_{Please be aware that the majors offered by universities change over time and that the overview given on this page might not be entirely up to date. We advise you to do your own research on the university’s website or to contact the university’s student affairs office to check that they offer the major of your choice.}

Do you seek a broader, global perspective and are you interested in how different countries cooperate economically? Within the major International Economics, you will learn everything about globalization, international trade, and the economic growth of different countries around the world.

Interview with an International Economics student

This student, who’d rather stay anonymous, is studying at the Department of International Studies. They chose this major because they like communication, negotiation and evaluating social programs or projects, and the economic field would help to understand the development process of Cambodia.

What the student likes about this major is that the study includes both regional and international fields and the skills learned can be used in real life. Moreover, the major contributes to social development. The subject they enjoyed most so far is International Trade Theories and Policies. What this student doesn’t like is that the major focuses on theory, not practice and that the workload is high when the timeline and deadline for all subjects is the same.
In the future this student wants to work in social development. 

High school subjects that are important are Mathematics and History. If you are interested in this major, you should like social work and enjoy interacting with a lot of people.

The following universities offer this major:

• University of Southeast Asia, Siem Reap

_{Please be aware that the majors offered by universities change over time and that the overview given on this page might not be entirely up to date. We advise you to do your own research on the university’s website or to contact the university’s student affairs office to check that they offer the major of your choice.}