The department is headed by PhD in Economics, Azer Maarif oglu Penahov. The faculty team consists of 17 members: 1 Doctor of Economics, Professor; 6 Associate Professors; 6 PhD holders; and 4 Doctoral Students.

Courses include 'Introduction to Economics', 'Microeconomics', 'Macroeconomics', 'World Economy Information Systems', 'Economic Regulation', 'History of Economic Thought', 'Economy of Azerbaijan', 'World Economy', 'ICT and BI', 'International Trade', 'Fundamentals of Logistics', 'International Business', 'Supply Chain Management', 'Development Economics', 'Digital Economy', 'International Economics', 'Regional Economics', 'International Trade Operations', 'International Transport Operations', 'Customs', 'Microeconomics 2', 'Macroeconomics 2', 'Foreign Economic Policy of Azerbaijan', 'Economic Policy', 'Contemporary Problems of Economic Science', 'Contemporary Problems of the World Economy', 'International Economics II', 'Logistics', 'Regulation of the National Economy', 'International Economic Policy', 'International Tourism'.

Teaching is conducted according to accredited curricula developed in line with the Ministry of Science and Education's new standards.