There is evidence of economic writing that dates all the way back to the Mesopotamian era. The development of modern economics is largely due to two groups which were known as the physiocrats and the mercantilists. These groups help develop capitalism in Europe in the 16th century.

Romanian university qualifications highly appreciated and recognized in Europe and beyond, lowest tuition fees and living cost in Europe. The Romanians have an old and rich history, especially in the capital Bucharest with its 2 million people. International students willing to study in Romania can apply either to the Ministry of Education and Research or to the chosen Romanian university, in order to receive the Letter of Acceptance.

An MA is a master’s degree awarded to students that have completed a program studying humanities or fine arts subjects such as history, communications, philosophy, theology or English. A Master of Arts degree typically requires coursework, research and written examinations.