Contact Us

Undergraduate

Undergraduate programmes

Economics is a major in both the BCom (1008) and  BCom (Extended Curriculum) (1751) programmes.
 

Undergraduate modules

  • ECO151 Microeconomics - An introductory course into Microeconomics. Designed for economic specialist and non-specialists. Course is designed for students to demonstrate an awareness regarding how the economy operates at a micro level and to demonstrate an informed understanding of basic economic theory and analysis.
  • ECO152 Macroeconomics - An introductory course into Macroeconomics. Designed for economic specialist and non-specialists. Course is designed for students to demonstrate an understanding of how the various sectors of the economy interrelate using basic macroeconomic tools and theories.

  • ECO231 Microeconomics - A Microeconomics course based on the foundations established by ECO151. Designed for students to explain Microeconomic principles, apply Microeconomic principles and apply technical analysis to Microeconomic problems within consumer theory, producer theory and market structures.
  • ECO232 Macroeconomics - An Macroeconomics course based on the foundations established by ECO152. Designed for students to apply Macroeconomic theory in relation to Macroeconomic concepts and the South African economy. It is also designed to explain current developments on domestic and global economies.
  • ECO242 Basic Econometrics - An introductory Econometrics coursed designed for students to learn methodology of Econometrics, the Classical Linear Regression Model, Ordinary Least Squares, interval and hypothesis testing and different functional forms of the linear regression model. Economic data is analysed mathematically, statistically and economically using Excel.
  • ECO235 Mathematical Economics - A course designed for students to apply and to solve both linear and non-linear economic problems through differential techniques, integral calculus and matrices. Topics are both of a Microeconomic (e.g. related to consumer and producer theory) and Macroeconomic (e.g. AD-AS and IS-LM curves) nature.

  • ECO331 Microeconomics (compulsory) - The course is designed for the application and explanation of general equilibrium and welfare analysis. It deals also with market structure, competitive strategy, pricing with market power, game theory and markets with asymmetric information.
  • ECO332 Macroeconomics (compulsory) - The content includes long run economic growth through various factors such as capital, labour and technology. It deals with modelling and explaining of theories of prices, inflation and unemployment in the short and medium run for an open economy. It also includes policies on fiscal, monetary and exchange rates.
  • ECO311 Intermediate Econometrics (elective, but required for applying Honours Economics) - A course on conducting, inference testing and hypothesis testing  multivariate regression analysis. It includes usage of dummy variables, remedies to violations of the classic linear regression models (heteroscedasticity, multicollinearity and autocorrelation). Students also deal with model specification and using econometric software.
  • ECO334 Public Economics (elective) - A course designed in a South African context which covers aspects such as the composition of the local government, different institutions involved, rationale for intervention in a market economy, expenditure priorities given scarce public resources, traditional tax principles and the most important taxes, functions of different levels of government, as well as public policy related to poverty and other socio-economic issues.
  • ECO335 International Trade (elective) - A course designed to critically evaluate the foundation concepts of international economics and apply tools to analyse international trade. It covers theories on why nations trade, developments in trade theory, instruments and impact of trade policy, economic integration and cooperation and intentional trade in developing countries
  • ECO336 Development Economics (elective) - A focus on poverty and inequality determination, growth and development experiences by developing countries and agrarian changes and industrial strategies. It is designed for students to model foundational development concepts, analyse statistical data and  the levels and patterns of development of developing countries.

Postgraduate 
BEcon Honours – (1781)

ADMISSION

Internal applicants: An undergraduate degree majoring in Economics - a minimum requirement 60% Economics 3 overall average
External applicants: An undergraduate degree majoring in Economics – a minimum requirement 65% Economics 3 overall average
Please note that the minimum requirement would not necessarily secure a place, it depends on the minimum/maximum average of the applicants in the selection pool.

SELECTION

As only a limited number of students can be admitted to the programme, applicants will be subject to a selection procedure.

DURATION

Unless Senate decides otherwise the duration of the programme shall extend over one year full-time and two years part-time (currently it is not offered on a part-time basis).

CURRICULUM

Compulsory Modules

ECO701 Research Project (30 credits)
ECO730 Econometrics (15 credits)
ECO731 Microeconomics  (15 credits)
ECO732 Macroeconomics  (15 credits)

Electives (choose any 3 – 15 credits per module)

ECO713 International Finance (Offered every year)
ECO734 Public Economics (Offered every two years, alternating with ECO740)
ECO735 International Economics (Offered every year)
ECO736 Development Economics (Offered every year)
ECO739 Mathematical Economics (Offered every year)
ECO740 Economic History (Offered every two years, alternating with ECO734)

TOTAL 120 credits

 


MCom Full Thesis (1801)
MEcon Full Thesis  (1871)

ADMISSION

Internal applicants: An undergraduate & Honours degree majoring in Economics – a minimum requirement of at least 60% Honours Economics overall average
External applicants: An undergraduate & Honours degree majoring in Economics – a minimum requirement of at least 65% Honours Economics overall average
Please note that the minimum requirement would not necessarily secure a place, it depends on the minimum/maximum average of the applicants in the selection pool.

SELECTION

As only a limited number of students can be admitted to the programme, applicants will be subject to a selection procedure.

DURATION

Unless Senate decides otherwise the duration of the programme shall extend over three years full-time/part-time.

Note: Currently our department does not offer the Masters coursework programme, until further notice.

 

Ph.D 1921
Stream: Economics
Department : Economics

ADMISSION

Internal applicants: A Master’s degree majoring in Economics - at least 65% Masters Economics overall average

External applicants: A Master’s degree majoring in Economics - at least 65% Masters Economics overall average
Please note that the minimum requirement would not necessarily secure a place, it depends on the minimum/maximum average of the applicants in the selection pool.

SELECTION

As only a limited number of students can be admitted to the programme, applicants will be subject to a selection procedure.

DURATION

Unless Senate decides otherwise the duration of the programme shall extend over three years full-time and five years part-time.

Funding

The Department does not have funding available, so please do your own applications for bursaries/scholarships.
International Students (non-South African) should pay the full cost of the programme’s tuition fees as well as the registration fees when registering.