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Head: Prof. Dr. Stefan Petranov
Room 506
Phone: (+359 2) 971 10 02 (467)

ResearchGate: Stefan Petranov

Research areas: Economics, Economic History, Labour Economics.



Teaching economics is closely linked with the history of St Kliment Ohridski University of Sofia. Economics was taught as early as 1892 in the newly opened Law Department of the First Higher School in Bulgaria. Later separate Departments of Finance and Political Science were formed in the Faculty of Law. Among the first lecturers was Prof Boev, reading a course in Finance and Statistics and leading a seminar on Demography. Another prominent lecturer is Prof. Danailov who reads courses in Political Economy, Introduction to Economic Policy, Trade and Industrial Policy, History of Economic Theories. In 1920-1921 the Professor of Political Economy Simeon Demostenov and of Economic History Ivan Kinkel joined the ranks.

In 1938 the Department of Public Economy was established within the Faculty of Law. It keeps close scientific contacts with the Statistical Institute for Economic Research established at the University in 1934. A number of modern subjects were included in the curriculum: Theoretical Political Economy, Theoretical Statistics, Economic History, Economic Policy, State Economy, etc.

In 1948 the Department of Public Economy at the Faculty of Law was transformed into the Faculty of Economics and Social Sciences. It has 8 departments: Political Economy, Statistics, Economic History and History of Economic Thought, Economic Accounting, Finance, State and Constitutional Law and Economics.

In 1951, however, with a Decision of the Council of Ministers, the Faculty of Economics and Social Sciences was closed down. The Karl Marx Higher Economic Institute took over its functions. Thus, the Department of Political Science alone remained in the structure of the University under the administration of the Faculty of Law.


Teaching and Research

The Department of Economics has been a part of the Faculty of Economics and Business Administration since 1991.

The Department teaches the following courses in the Bachelor programme: Micro- and Macroeconomics, International Economics, Economic History, Labour Economics, Economic Theories, Economic Thinking – Untraditional Applications.

The Department teaches introductory Economic courses in other Faculties of the University – The Faculty of Law, Faculty of Philosophy, of Pedagogy, and of Geology and Geography.

The Department of Economics administers the following Masters programmes: Macroeconomics and Economics of the Firm

The Department of Economics is accredited by the Bulgarian State Accreditation Commission to teach doctoral students.

Major areas of scientific interest are the Economic and Social Problems of Transition, European Integration, Macroeconomic Development, Economic History, Institutional Economics.