Prof. Didar Erdinc on How Economics Can Help People

April 21, 2023 Frantsiska Kutevska
Prof. Didar Erdinc on How Economics Can Help People

Professor Didar Erdinc teaches Econometrics and is a Senior Thesis supervisor at AUBG where she has been working for 26 years now. 

“I cannot imagine an economics major or a student majoring in economics without such quantitative skills,” says Professor Erdinc about one of the courses she teaches at AUBG – Econometrics. The course appeared in the curriculum of the Economics major after popular demand from students at AUBG.  

“Econometrics actually uses tools, both mathematical and statistical, in order to assess empirically the validity of a variety of different social science theories…we have to see whether such theories are really confirmed based on actual data,” adds Erdinc. 

Executive MBA 

Professor Erdinc is among the faculty members that created the Executive MBA (EMBA) program, which will celebrate its 20th anniversary this year. 

“The idea was to offer Bulgarian executives a chance to improve their understanding of the business  

environment by providing a rigorous sound program. And it was designed especially for working adults at various managerial positions working in Bulgaria,” shares Professor Erdinc. 

The EMBA program is open to international students with the current cohort having students from Albania, Kosovo, and Taiwan.   

The Path of Academia 

After graduating from her own MA program at the University of Southern California (USC), Professor Erdinc was given what some would dub once-in-a-lifetime opportunity – work in an international bank that would first send her to study in a London banking school.  

However, Erdinc had her heart somewhere else. 

“I turned to them (the interviewers) and I said, “I am very, very sorry. I didn’t want to be impolite. So I accepted your interview offer some time ago. But now I received news, good news that I would go and study economics starting a program at USC for the Ph.D. degree.” 

Now, Professor Erdinc researches economies in transition like Bulgaria and how the banking sector affects their development and stability.  

Helping People 

Where did Professor Erdinc begin her journey that would lead her to study economies in transition? 

It all starts with a family of medical professionals and intolerance towards looking at bones.  

“I began to think about how I can help humankind in any way apart from providing medical assistance. And I said, well, how about improving their material conditions? And the best fit for that was economics, because it’s a science which studies how best we improve the material conditions of human beings,” shares Erdinc. 

Helping Students 

While Professor Erdinc had the support of her family, she believes that AUBG students have the support of faculty. 

”Once [students] identify [their interests] with our help, the faculty members, in particular, and the courses we offer in our curriculum, I think they are going to get rigorous training to be well-prepared as a person… to go into the job market or to,” says Erdinc. 

Professor Erdinc believes in doing something useful and helping students find their interests to become a person ready to go in the job market.