Letter from Dean of Tiomkin School of Economics
The first class of the Interdisciplinary Center Herzliya's School of Economics was inducted in 2010. The school offers the highest level of economics studies in Israel, placing an emphasis on applied theories and research methods in economics, for economic policy management in the private and public sectors.
The school's faculty includes leading researchers in the fields of macroeconomics, economic theories, econometric applications, and the Israeli economy, who excel in teaching and research and are on a par with the faculties of leading universities worldwide.
The curriculum offered as part of the Undergraduate Program in Economics includes an updated framework of macroeconomics, microeconomics and econometrics courses taught by internationally renowned professors. The program also offers unique courses that link economics with social sciences (psychology, government, law and computer science), as well as classes in finance and accounting.
The Undergraduate Program in Economics is unique in the fact that is seeks to apply the basic theoretical knowledge of economics onto economic policies in the private and public sectors. Policy courses, as well as a comprehensive seminar on economic policy reports, are part of the program's mandatory requirements. Ahead of their graduations, the students are required to compose economic policy papers, which are presented at a special event held at the end of the third school year. Second and third-year students, who excel in their studies, have the opportunity to join the Honors Program, which includes special added-value courses.
Education and training for leadership roles demands that students acquire the necessary tools to manage economic policy, based on the accumulated knowledge offered by economic research. Undergraduate students at the IDC School of Economics learn how to apply this knowledge to economic policy management.
Over the next few years, the School of Economics plans to expand the curriculum offered as part of its interdisciplinary academic paths, which currently include the Economics and Accounting single-major undergraduate degree, and the Economics and Sustainability, and Economics and Business Administration double-major undergraduate degrees.
The Arison School of Business has recently introduced a new graduate program in Financial Economics, which is held in collaboration with the School of Economics. This master's program is unique, as it incorporates the fundamentals of economics with those of finance, accounting, and public and business policy management in a thesis-free graduate program spanning one consecutive school year.
The School of Economics is blessed with an academic faculty comprising internationally renowned individuals in the fields of macroeconomics, labor economics, economic theories and the Israeli economics. The school's faculty includes some of the best researchers and teachers in Israel and worldwide, and hosts an annual workshop where leading Israeli researchers present studies on a wide array of subjects.
In March 2014, the School of Economics inaugurated the Aaron Institute for Economic Policy, named after the prominent businessman Aaron Dovrat z"l, and sponsored by the Dovrat family. The founders' vision was to form a policy research center based on the academic and applied research available worldwide, in order to formulate a comprehensive and practical strategy of economic policy practices, focused on bolstering economic growth in Israel via increasing efficiency, research and development, and human capital; which in turn would boost employment rates and employee productivity.
I wish you the best of luck,
Prof. Zvi Eckstein
Dean of Tiomkin School of Economics.