This city has a rich academic background. The oldest university in the country-Eastern Mediterranean University is located here. However, due to the high rate the city is growing, more institutions are coming up rapidly to cater for the high education demand in the country.

Economics is an area of study that explores topics of wealth, banking, finance, buyer and distributor trends, recessions and more. This subject deals with the production and consumption of goods and services as they relate to individuals, businesses and nations.

Higher education in Cyprus is conducted in the five common international languages namely English, French, Portuguese, Turkish, Greek and Chinese. This has solved issues of language barriers in these higher education institutions enabling even international students to seek the country’s higher education.

Requirements for the PhD program often involve the student having already obtained a Master’s degree. Additionally, a thesis or dissertation primarily consisting of original academic research must be submitted. In some countries, this work may even need to be defended in front of a panel.