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School of Economics KENYATTA UNIVERSITY SCHOOL OF ECONOMICS Vision Preamble The vision of the school is to be an exquisite centre of academic excellence in the promotion, capacity building, research and consultancy in economics for both local and Objectives international arena. Most world class Universities have moved away The main objectives of the school are to: from restrictive structures of departments of a. Provide training focusing on economic theory, economics towards more all-encompassing econometrics and applied economics. schools of economics as their mark of distinction. The London School of Economics is an obvious Mission b.Undertake both academic and policy driven research. example. The discipline of economics consists To undertake and provide teaching, research, economic several branches that have over the years grown policy analysis and consultancy services that are respon- c. Provide consultancy services in such core areas and developed their own methodologies. These sive not only to the professional needs of local, regional and as project planning, monitoring and branches have their theoretical and practical international institutions, but also to those of the local evaluation, econometrics, and applied economics. aspects that play a central role in policymaking and community in both the formal and informal economic resource allocation in all the sectors of the econo- sectors. my. This has made the discipline very popular with d. Promote community service programmes in students and other professionals alike. The applied economics and related programmes. Kenyan Government has set 2030 as the year Kenya should have achieved the Newly Industrial- e. Promote co-operation and linkages between its ized Country's status. This implies that the depart- core departments on the one hand and the local, ment of economics needs to redene its academic regional and international organizations and and research agendas so as to remain relevant in institutions on the other. an evolving economy, and immenselycontribute towards the much needed human capital and kenyatta University - www.ku.ac.ke School of Economics brochure 2 Academic Programmes Undergraduate Programmes -Bachelor of Economics and Finance -Bachelor of Economics and Statistics -Bachelor of Economics (Finance) Entry Requirements Masters Programmes a) To be admitted into the undergraduate programmes, a) Master of Economics potential candidate must have attained the minimum requirement of KCSE C+. b) Master of Economics (Finance) b) Candidates taking a degree course within the School of c) Master of Economics (Development) Economics will be required to have at least C+ in the follow- d) Master of Economics (Policy and Management) ing subjects: Physics or Chemistry or Biology, English or e) Master of Economics (Environment) Kiswahili, a Humanity or a Commercial subject. In addition, The Structure candidates should have obtained at least a B- in Mathe- f) Master of Economics (Health) matics. Candidates with A-level qualications or its equiva- g) Master of Economics (Agriculture) lence will be considered, on condition that they attain h) Master of Economics (International Trade & Finance) of the School at least 2 principals and a credit inMathematics. The structure of the School comprises the following: a. Dean's oce. Duration b. Three teaching departments: The undergraduate degree programme extends over i. Department of Economic Theory. period of four (4) academic years. ii. Department of Econometrics and Statistics. iii. Department of Applied Economics. kenyatta University - www.ku.ac.ke School of Economics brochure 3 Entry Requirements The following shall be eligible for admission into the Masters programmes in the School of Economics: a) A holder of at least an Upper Second Class Bache- lor's Degree in Economics, Economics and Statistics or Economics and Finance from Kenyatta University or any other recognized Institution of comparable status. b) A holder of a Lower Second Class degree in the Ph.d Programmes stated disciplines from Kenyatta University or any other recognized university with 2 years relevant Duration And Pattern Rationale experience. The growing demand for Economists outside academia and the under-funding of universities have led many of those who remain in Africa, and Preamble would like to access further training to enable them become consultants for both local and international Duration And Structure This Ph.D. programme by coursework, examination and organizations, feel short-changed by our education thesis provides an alternative to the existing Ph.D. system. The PhD programme by coursework, examina- a) The Masters programmes consists of coursework, programme, which is by thesis only. While a student can tion and thesis seeks to ll that gap by training econo- examination and research project. choose between the two programmes, the former has been mists at PhD level for both the public and private developed specically to incorporate coursework into Ph.D. sectors. b) The programmes are oered in two modules, training in Economics at Kenyatta University. full-time and evening with students in both modes being required to take at least a total of sixteen (16) Most local Ph.D. Programmes in Economics are by units by the end of the programme. thesis only. Often, they fail to expose the student to c) In the rst year of study, a student is required to frontier analytical tools in economics theory and take eight units: four units in the rst semester, and research, which are valuable to the modern scholar. four in the second. The emerging environment puts a premium on local scholars who are strong in analytical skills. This calls d) During the second year of study, a student takes for a new Ph.D. programme that oers an eective four (4) units in the rst semester and undertakes a mechanism for addressing that challenge. research project in the second semester. The research project is equivalent to four units e) The duration of the programmes is a minimum of 18 months from the date of registration. kenyatta University - www.ku.ac.ke School of Economics brochure 4 Entry Requirements a) Candidates shall be holders of at least Masters Degrees in Economics from Kenyatta University or from another institution of comparable status, and these degrees must be based on coursework, exami- nation and research project or coursework, examina- tion and thesis. Duration And Structure b) To be selected to the programme, the student will The PhD programme extends for a period of not less than have completed master's level course work in the eight (8) semesters from the date of registration. It is by following three core courses: Microeconomic coursework, examination and thesis Theory, Macroeconomic Theory and Quantitative In the rst year of study, candidates take seven core units; Methods three units in the rst semester, and three in the second semester and an independent paper that is equivalent to one unit. The six units are examined before proceeding to second year. A candidate who had not taken the Economics Research methodology course (EAE501) at Masters Level is required to take the course at the said level. In the second year of study, candidates take four units, two from each eld, in the rst semester. The electives are oered at the discretion of the School of Economics. During the second semester a student works with the supervisor to select the area of specialization and also to prepare for comprehensive examinations in each of four areas (Microeconomic theory, Macroeconomic theory, and two elective elds of Econom- ics), which he/she sits for at the end of that semester. On successful completion of the comprehensive exams in the second semester the student proceeds to the thesis stage (to register for EAE: 620 (Thesis). Three seminars shall be organized to assist students during their research phase. kenyatta University - www.ku.ac.ke School of Economics brochure 5 For more information, please Contact: The Dean, School of Economics Kenyatta University, P.O. Box 43844, NAIROBI, 00100, KENYA Tel: 810901-19 Ext: 57465/ 57325 E-mail: [email protected].
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