High Quality Content by WIKIPEDIA articles! File:Armenian State University Logo.JPGArmenian State University of Economics (ASUE) is a high-education institute, located in Yerevan, Armenia. It was founded on August 6, 1975, on the basis of economical faculties of Yerevan State University. Its 5 faculties contain 29 departments. The teaching staff includes 41 professors, 130 docents (associate professors), and 40 assistant lecturers. The university has over 5000 undergraduates. Instruction is in Armenian. The academic year is from September 1 through June 30.