The Department of Economics is one of the first academic departments established in the College of Business. It has been part of Al-Tafila Technical University since its founding in 2005 as the nucleus of the College of Economics and Administrative Sciences. The department has been offering a bachelor’s degree in business economics since the academic year 2005/2006. To meet the department’s aspiration of providing the local market with qualified competencies in economic and financial specializations, the Financial Science and Banking specialization was introduced in the academic year 2007/2008, in addition to the Financial Technology specialization introduced in the academic year 2020/2021. The department also offers a master’s program in Economics and Digital Finance (comprehensive track and thesis track), which is the first and only program of its kind in Jordan.

Vision

The Department of Business Economics aspires to achieve leadership and excellence at the national, regional, and international levels. This is accomplished by maintaining advanced standards in teaching and academic research, providing high-quality education and training for students, and ensuring a healthy and safe working environment for both students and staff. Additionally, the department attaches great importance to engaging with the community and achieving continuous progress in research and innovation.

Mission

The mission of the Department of Business Economics aligns with the mission of Al-Tafila Technical University by delivering the highest levels of teaching and training to undergraduate and graduate students, with the aim of preparing them for successful professional careers. The department also seeks to keep up with knowledge advancement and actively contribute to scientific research in the field of economics, as well as providing valuable community services for the university.

Objectives

Provide students with fundamental knowledge of economic theories, including microeconomics and macroeconomics.

Develop students’ abilities to use economic tools and techniques related to analysis, forecasting, and decision-making.

Enhance students’ understanding of current economic phenomena and problems, and equip them with economic analysis methods to solve them.

Prepare students to handle the practical application of economic concepts in work settings and real-life situations.