DEPARTMENT OF

POSTGRADUATE STUDIES

2. ECONOMISTS IN THE PUBLIC SECTOR Department of Finance: National and provincial budget formulation, fiscal policy formulation and analysis, public debt management, economic advisory services Quasi Government Institutions: Research and project management in institutions such as the Industrial Development Corporation (IDC), the Financial and Fiscal Commission (FFC), the Development Bank of Southern Africa (DBSA), the Competition Commission of South Africa, the Land and Agricultural

Development Bank of South Africa (Land Bank) and regional development agencies Department of Trade and Industry: Formulation of trade and industrial policy, agreement cooperation and trade negotiation through the World Trade Organization (WTO) and between different countries, implementation of input-output studies, management and coordination of economic development projects and private-public partnerships Economic Development Department and National Planning Commission: Gain the professional knowledge and skills necessary for a Formulation of economic policy such as the National career in the discipline of ECONOMICS! Infrastructure Plan (NIP), the New Growth Path (NGP) and the National Development Plan (NDP), creation of The discipline of economics covers a broad range of areas, employment policies and coordination of Government’s including , , , economic development policies , environmental economics, public South African Reserve Bank: economics, , international trade, Monetary and financial policy formulation, international finance, and labour economic, economic macroeconomic modelling, financial regulation and history and . banking supervision

In any given year, research offerings in a specialised area 3. ECONOMIC CONSULTANTS IN THE PRIVATE is subject to the availability and interest of the academic SECTOR specialist. Economic advisors, evaluators of feasibility studies,

economic policy analysts, forecasters CAREERS FOR ECONOMISTS 4. DEVELOPMENT AND LABOUR ECONOMISTS The careers available to economists are challenging and Specialised analysis of socio-economic issues and dynamic, more so in the present environment of growth and development research, management of globalisation. Typical careers and the day-to-day work of development agencies, local economic development economists include: (LED) institutions, civil society, trade unions and non- profit organisations (NGOs) 1. ECONOMISTS IN BANKING & FINANCIAL MARKETS Fund managers, stock brokers, investment bankers, 5. INTERNATIONAL ECONOMIC AFFAIRS economic trend and policy analysts, forecasters, dealers Economic integration, international investment, in the treasury departments of financial institutions, involvement in issues of the WTO and activities of specialists in financial services, dealers in international international development institutions such as the financial markets World Bank

HONOURS DEGREES IN ECONOMICS: economics (Macroeconomics, Microeconomics and Econometrics) in the final year of their undergraduate Bachelor of Commerce (1701) studies.

Bachelor of Economics (1781) External students choosing an Economics stream in Bachelor of Administration (1711) B.Com/B.Econ/B.Admin Honours should have obtained at Offered full-time only least a 65% average or 65% in each of the core areas of economics (Macroeconomics, Microeconomics and The duration of the full-time programme is one year. A Econometrics) in the final year of their undergraduate student must obtain 120 credits in courses selected in studies. collaboration with the Department. All modules have a weight of 15 credits each, except for the Research Project International students must have a valid study permit, SAQA that is weighted 30 credits. accreditation of their certificates and an IELTS certificate. International students are required to pay the full fees of the Compulsory modules: Elective modules: programme upon registration. 75 credits 45 credits ECO701 Research Project ECO712 Environmental ACCEPTANCE IS BASED SOLELY ON ACADEMIC year course Economics PERFORMANCE AND NOT ON WORK EXPERIENCE. (30 credits) (15 credits)

ECO730 Econometrics ECO713 International (15 credits) Finance Economics (15 credits)

ECO731 Microeconomics ECO733 Labour (15 credits) Economics (15 credits)

ECO732 Macroeconomics ECO734 Public (15 credits) Economics (15 credits)

ECO735 International Trade Economics (15 credits)

ECO736 Development Economics (15 credits)

ECO738 Financial Economics (15 credits)

ECO739 Mathematical MASTER’S DEGREE IN ECONOMICS: Economics (15 credits) (1801) (1871) Note: Three elective ECO740 Economic Offered by full thesis only - full-time or part-time modules must be chosen – History not all electives are offered (15 credits) every year Note: currently the Department does not offer the Master’s programme by coursework.

The Research Project course is a one-year course. Students The duration of the full-thesis programme is one to three are provided with a list of topics from which to choose a years. Each subsequent year is subject to an approved topic/area of interest. A supervisor is then assigned by topic progress report from the supervisor. Since only a limited choice. Supervisors guide students with their research and number of students may be admitted to the programme, writing. applicants are subject to a selection procedure.

ADMISSION REQUIREMENTS: The student must obtain 180 credits. UNDERGRADUATE DEGREE MAJORING IN ECONOMICS ECO801 Economics Mag Thesis 1st enrolment Students of UWC choosing an Economics stream in ECO802 Economics Mag Thesis 2nd enrolment B.Com/B.Econ/B.Admin Honours should have obtained at least a 60% average or 60% in each of the core areas of

ADMISSION REQUIREMENTS: of economics of their Master’s degree, namely HONOURS DEGREE IN ECONOMICS Macroeconomics, Microeconomics and Econometrics. Approval is subject to fulfilment of the academic Students of UWC choosing the stream in M.Com Thesis or requirements previously indicated - or the discretion of the M.Econ Thesis in Economics should have obtained at least a Selection Committee - and depends on the proposed 60% average or 60% in each of the core areas of economics, research topic falling within the field of interest of a suitable namely Research Project, Macroeconomics, Microeconomics and available supervisor from the Department. and Econometrics. International students must have a valid study permit, SAQA External students choosing the stream in M.Com Thesis or accreditation of their certificates and an IELTS certificate. M.Econ Thesis in Economics should have obtained at least a International students are also required to pay the full fees 65% average or 65% in each of the core areas of economics, of the programme upon initial registration. Thereafter and namely Research Project, Macroeconomics, Microeconomics subject to approval by the supervisor, only the annual and Econometrics. registration fee is paid.

International students must have a valid study permit, SAQA During the first semester, a colloquium is arranged for new accreditation of their certificates and an IELTS certificate. PhD students to present their proposals. International students are required to pay the full fees of the programme upon initial registration. Thereafter and subject ACCEPTANCE IS BASED SOLELY ON ACADEMIC to approval by the supervisor, only the annual registration PERFORMANCE AND NOT ON WORK EXPERIENCE. fee is paid. Website: www.uwc.ac.za During the first semester, a colloquium is arranged for new Master’s students to present their proposals. Economics webpage: https://economicsuwc.wordpress.com/ ACCEPTANCE IS BASED SOLELY ON ACADEMIC PERFORMANCE AND NOT ON WORK EXPERIENCE. General website: https://www.uwc.ac.za/Students/Pages/default.aspx

DOCTOR OF PHILOSOPHY DEGREE IN Application process and forms: ECONOMICS: https://www.uwc.ac.za/Students/Admin/Pages/Apply- Online.aspx of Philosophy PhD (1921) Offered by full thesis only - full-time or part-time

The duration of the full-thesis programme is three to five years. Each subsequent year is subject to an approved progress report from the supervisor.

Since only a limited number of students may be admitted to the programme, applicants are subject to a selection process.

A student must obtain 360 credits. ECO901 Economics Doctoral Thesis 1st enrolment ECO902 Economics Doctoral Thesis 2nd enrolment

ADMISSION REQUIREMENTS: MASTER’S DEGREE IN ECONOMICS Departmental Awards Evening, 2012 The Dean, Prof Christopher Tapscott (right), presenting a Students of UWC choosing the doctoral stream in Economics certificate to top achiever, Francis Chiparawasha should have obtained at least 65% in the mini-thesis/full thesis/dissertation and an average of 65% in the core areas of economics of his/her Master’s degree, namely Macroeconomics, Microeconomics and Econometrics.

External students choosing the doctoral stream in Economics should have obtained at least 65% in their mini-thesis/full thesis/dissertation and an average of 65% in the core areas

DEPARTMENT OF ECONOMICS

ADDRESS: ACADEMIC STAFF: Third floor, Economic and Management Mr Charles Adams Sciences (EMS) building Dr Amiena Bayat Mrs Rochelle Beukes GENERAL ENQUIRIES: Ms Carmen Christian Mrs Nontembiso Mhlongo Prof Eugene Kouassi Room 3.10 Mr Velenkosini Matsebula Email: [email protected] Ms Mariana Moses Tel: 021 – 959 2579 Prof Matthew Ocran Fax: 021 – 959 3201 Dr Johannes Sheefeni Dr Christie Swanepoel UNDERGRADUATE ENQUIRIES: Mrs Cheryl Arnold EXTRAORDINARY ACADEMIC STAFF: Room 3.10.1 Prof Federico Foders Email: [email protected] Tel: 021 – 959 3208 PART-TIME LECTURERS: Fax: 021 – 959 3201 Ms Atoko Kasongo Mr Simbarashe Murozvi POSTGRADUATE ENQUIRIES: Mr Faeez Nackerdien Mrs Chrystal Dilgee Room 3.10.5 TO CONTACT ACADEMIC STAFF: Email: [email protected] To call the Departmental Administrator, Mrs Tel: 021 – 959 3194 Nontembiso Mhlongo, for an appointment or Fax: 021 – 959 3201 speak to the lecturer telephonically, dial 021 – 959 2579. HEAD OF DEPARTMENT: Prof Derek Yu Walk-in consultation times can be found on Email: [email protected] the door of the lecturer.