Bangladesh University of Business and Technology (BUBT) established the Department of Economics as a separate discipline in 2007 in order to support higher studies in the field of economics. Initially, the department offered only M.Sc. in Economics program. It was launched in Fall 2007-2008 semester. Afterwards, the department offered B.Sc. (Hons.) in Economics program in Fall 2008-09 Semester. After one year, Department of Economics offered another program in the undergraduate level: B.Sc. (Hons.) in Environment and Development Economics (EDE) in the Spring Semester 2010. The founding Chairman of the department was Ms. Shamima Sultana, who held the chair from January 2008 to March 30, 2011. Afterwards, Mr. Muhammad Rabi Ullah was appointed The Chairman from April 1, 2012 to May 31, 2015. Mr. S. M. Woahid Murad has been working as Chairman of the department since June 1, 2015.