Welcome to the chair of Economics.
The chair of Economics teaches the science of choice. As officers will have to be
able to make rational choices, economics forms an indispensible part of the training
at the Academy.
The different courses of economics introduce our future officers to decision-making
at the individual level (micro-economics), at the macro-level (macro-economics) and
in the field of political economy (political economy). Different accounting courses
also familiarise the students with the use of financial planning and cost accounting
techniques. Besides these basic courses, the department also provides more specific
courses related to topical matters in economics and to defence economics.