The Chair of Economics and International Economic Relations was established in 2016 when the Chairs of Theoretical and General Economics and International Economic Relations were merged.

The Chair of Theoretical and General Economics (formerly the Chair of Theory of Economics) was established in 1929, and the Chair of International Economic Relations in 1991, the latter being the first in Armenia in the specialization.

Since December 2016, the Chair of "Economics and International Economic Relations" is headed by G. Galstyan. The Chair has 1 correspondent member of NAS RA, 5 professors, 10 associate professors, 5 assistants and 1 lecturer. The Chair implements two Master's Programs: "Economic Policy and Law" and "International Economic Relations".

The Chair provides programs for basic economics undergraduate and graduate courses of the faculty: "Economic Theory", "History of Economic Thought", "Economic History", "World Economy", "International Economics" etc.

The chair teaches "Economics" and various economics courses at other faculties of YSU, as well as the "Applied Economics" in economic bias schools.

Chair of Mathematical Modeling in Economics
The Chair of Mathematical Modeling in Economics (formerly "Economic Cybernetics") was founded in 1965. The chair was headed by Candidate of Sciences, Associate Professor V. I. Karabekov, Doctor of Economics, Professor Yu. T. Movsisyan (1972-1974, 1978-1992), Doctor of Economics, Professor, V. H. Toroyan (1992-2002). Since 2003 the chair is headed by Tech. Doctor of Sciences, Professor A. H. Arakelyan.

The department has 3 professors, 11 associate professors, 10 assistants and 15 lecturers.

Currently, the chair offers the following courses taught in three specialties of the faculty in the bachelor's program:

A. MATHEMATICS AND SCIENCE COURSES
• "Basics of using information technologies"
B. GENERAL PROFESSIONAL COURSES
• "Economic Informatics"
• "Mathematical methods in Operation Research"
• "Mathematical Modeling in Economics"
• "Computer Practice"
• "Microeconomics"
• "Macroeconomics"
• "Econometrics"
C. SPECIAL PROFESSIONAL COURSES
• "E-commerce".
• "Optimal Management"
• "Modeling of environmental processes".

The Chair implements two Master's programs: "Modeling in financial and economic systems" and "Data science for business". The first of them is implemented jointly with the Central Bank of Armenia.

The Master’s program "Data Science for Business" has been operating since 2017. The aim of the program is to train highly qualified specialists in the complex, interesting and perspective field of information science. The program enables students to become part of the global data revolution by combining theoretical knowledge in data science with business requirements. YSU "Data Science for Business" Master's program is implemented in cooperation with San Jose State University (SJSU), Enterprise Incubator Foundation and the Center for Innovative Solutions and Technologies with the support of PMI Science. In particular, it was agreed that up to five students of the program, in case of overcoming the two-stage choice, can continue the second year of study in the "Data Analysis" master's program of SJSU. To this end, the curricula of the two programs are continuously harmonized.

The graduates of the Chair are highly qualified economists-analysts who work in all sectors of the economy. They played a significant role in the development, and management of both the Soviet and independent Armenian economies.

Currently, the main directions of the chair's research activities are the issues of migration flows, environmental economics, organization /firm/ economics, and balanced territorial development in the Republic of Armenia.

The Chair was established in 1996 by the Prof. Hayk L. Sargsyan, Doctor of Economics. From 2003 to 2016 the Chair was headed by Prof. Sargis L. Ghantarjyan, Doctor of Economics. Since 2003 the Chair has been headed by Karlen Gagik Khachatryan, Candidate of Economics.

At the moment, the Chair staff is represented by 5 professors, 15 associate professors, 9 assistants և 3 lecturers.

The educational program is supplemented by special courses delivered by invited speakers. This allows to accompany the academic education with practical skills.

The Chair offers Master's programs in "Business Administration (Management)", "Public Administration and Local Self-Government".

Dozens of textbooks, monographs, teaching-methodical manuals, numerous scientific articles were published by the staff. The latter regularly participates in various international conferences, receives various awards for achievements in the field of science. Particularly, on July 22, 2011, the Dean of the Faculty, Professor H. Sargsyan was awarded the title of "The Best Professor of Economics" (Singapore).

The staff of the department has been trained in various famous universities of the world: California State University, Harvard University and educational institutions of Russia, Greece, Bulgaria.

The Chair of Finance and Accounting was established in 2001. The first head of the chair was a well-known scientist, state and public figure, candidate of economics, associate professor Levon Davtyan. In 2004-2007 the chair was headed by Doctor of Economics, Professor Vardan Bostanjyan. Since 2008 the chair has been headed by Doctor of Economics, Professor Hayk Mnatsakanyan.

Since the establishment of the Chair of Finance and Accounting, follow-up work has been carried out in the areas of highly qualified teaching staff, provision of the required level of science and pedagogy, implementation of educational and professional programs, increase of the efficiency of the educational process, development of research activities. As a result, the Chair has all the necessary conditions for efficient scientific-pedagogical and scientific-research activities at all levels of the educational system. Due to the sharp increase in the requirements for the quality of educational services, the Chair carries out comprehensive activities to meet the mentioned requirements by improving the educational process, using modern educational technologies, as well as modernizing the professional level of lecturers.

The curricula of the subjects taught by the Chair in the bachelor's and master's programs have been reviewed and modernized.

The Chair implements three Master's programs: "Finance, money turnover and credit", "Accounting and audit" and “Banking”.

The following basic subjects are taught in the master's programs: "Monetary Policy", "Banking Management", "Corporate Finance", "Investment Policy", "Business Law", "Tax Administration", "Customs Administration", "Fiscal Policy", "Accounting", "Managerial Accounting", "Accounting Standards", "Audit Basics".

Together with the main lecturers, experienced specialists of the RA Banking, Tax, Customs and other spheres of economy are involved in the work of the Chair. The Chair has 2 professors and 10 associate professors.

In addition to the Master's programs, the Chair also teaches the following subjects: "Accounting", "Finance", "Banking", "Risk Management and Insurance", "Managerial Accounting", "Credit Transactions", “New Banking Technologies "," Public Financial Systems ".

The Chair of Innovation Economics was established in 2019. The head of the chair is Doctor of Economics, Professor Ashot Markosyan.

The establishment of the chair is conditioned by the goals of the development of innovative activities in the field of higher education, as well as to promote the competitiveness and internationalization of higher education, science and innovative developments in the Republic of Armenia, in line with international development trends and socio-economic development programs.

The Chair implements the "Innovation Management" Master's program.

There are 3 Professors, 1 Associate Professor, 3 Assistants at the Chair.

All the lecturers of the Chair have rich work experience in key areas of economy, such as the public administration system, licensing, copyright protection, social services, etc.

The activity of the lecturers of the chair was highly appreciated by the President of the Russian Federation (within the CIS), the President of the Republic of Armenia, the National Assembly of the Republic of Armenia, the Prime Minister of the Republic of Armenia.

The growing gap between the program goals of the economic, technological, legal, social, social and democratic transformations that began in the society at the turn of the XX-XXI centuries demands new, more effective solutions. And one of the components of that solution is overcoming the constitutional deficit.

YSU Faculty of Economics և Management's Constitutional Analytical Scientific-Analytical Center (hereinafter referred to as the Center) was established in 2016, whose activities are aimed at monitoring and managing the constitutionality, conducting research on institutional development issues of the economy, proposing scientific and practical solutions.

The center is dealing with the following problems:
• Developing methodological approaches to constitutional diagnosis, monitoring and management of countries;
• Developing a system of indicators for assessing the level of constitutionality, a common methodology for conducting surveys, together with partner organizations creating joint databases;
• Developing principles of economic policy related to different spheres, taking into account the functional, structural possibilities of the influence of constitutional norms, the peculiarities of applicability;
• Establishing a wide network of cooperating research and analysis organizations, interested regulatory bodies, as well as individual researchers in the field of constitution;
• Providing educational services through the development of separate courses and training programs related to constitutional economics.

Students of YSU faculties, other universities, postgraduate students, postgraduate students and other researchers take part in the work of the center.

The implementation of the center's activities is supported by:
• The Government of the Republic of Armenia
• The Central Bank of the Republic of Armenia
• The Constitutional Court of the Republic of Armenia
• Constitutional Culture International Analytical Center Foundation.
• Individuals.

Through the activities of the Center, it is expected to conduct basic research on the issues of constitutional economics.