Master of Arts Degree in Economics

Special Regulations for the Master of Arts Degree in Economics and Applied Economics

Subject to the provisions of General Regulations for Master’s Degrees, the following Special Regulations shall apply to the MA (Economics) and MA (Applied Economics) Degree Programmes.

1.0 Entry Requirements

The normal minimum entrance requirement shall be a Bachelor’s Degree of this University with at least a second-class second division, or a comparable or equivalent qualification from any other recognised University or equivalent institution. Students shall normally have taken at least 48 credit hours in Economics. Applicants seeking admission into the Master of Arts Degree Programme in Economics shall normally have a strong quantitative background. Applicants with a concentration other than in Economics, and relevant experience, will be subject to Departmental review.

2.0 Programme Structure

The Master of Arts Degree Programme, for both part-time and full-time studies, shall be by coursework and Dissertation.

Master of Arts in Economics (Full-Time)

The Master of Arts in Economics Degree fulltime course shall consist of the equivalent of 12 semester courses taken over a period of 2 years as follows:

All courses at this level are core

Semester 1

ECO 601 Advanced Microeconomics I

ECO 603 Advanced Macroeconomics I

ECO 605 Advanced Mathematical Economics

ECO 611 Policy Analysis

Semester 2

ECO 602 Advanced Microeconomics II

ECO 604 Advanced Macroeconomics II

ECO 606 Advanced Econometrics

ECO 615 Research Methods (core)

Semester 3

ECO 719 Dissertation Proposal (core)

Students shall take 2 optional courses.

Semester 4

ECO 720 Dissertation (15, core)

Optional Courses (3 credits)

ECO 701 Development Economics

ECO 702 Planning and Project Appraisal

ECO 703 International Economics

ECO 704 International Finance

ECO 705 Agricultural Economics

ECO 706 Resources and Environmental Economics

ECO 707 Labour Economics

ECO 708 Financial Institutions and Markets

ECO 709 Corporate Finance and Investment

ECO 710 Economics of Public Enterprises

ECO 711 Monetary Theory and Practice

ECO 712 Industrial Economics

ECO 713 Public Finance

ECO 714 Economic Theory and Institutions

ECO 715 Health Economics

ECO 716 Managerial Economics

AERC funds permitting, all full-time second year MA students who have not failed any course in the first year, will attend the Joint Facility for Electives (JFE) in Nairobi, Kenya. Students whose sponsors are able to pay their travel and subsistence costs, may be allowed to go to the JFE. Students not going to the JFE will be offered Electives in the Department. The JFE is part of the Collaborative Masters Programme in Economics (CMAP) of the African Economies Research Consortium (AERC), based in Nairobi Kenya.

Master of Arts in Economics Degree (Part-Time)

The part-time Master of Arts Economics Degree course shall consist of the equivalent of 12 semester courses taken over a period of 3 years as follows:

All courses at this level are core

Semester 1

ECO 601 Advanced Microeconomics I

ECO 605 Advanced Mathematical Economics

Semester 2

ECO 602 Advanced Microeconomics II

ECO 606 Advanced Econometrics

ECO 615 Research Methods (core)

Semester 3

ECO 603 Advanced Macroeconomics I

ECO 611 Policy Analysis

Semester 4

ECO 604 Advanced Macroeconomics II

Plus: 2 optional courses

Semester 5

ECO 719 Dissertation Proposal (core)

Semester 6

ECO 720 Dissertation (core)

3.0 Assessment

Evaluation of students’ performance in the MA coursework shall normally be based on continuous assessment and a final examination at the end of the semester. The ratio of continuous assessment to final examination shall be 1:1.

4.0 Dissertation

In order to commence work on the Dissertation, the student shall have presented an acceptable and viable proposal to the Department of Economics. The student shall present the Dissertation proposal to the Department of Economics Board, and following the presentation the Departmental Board, shall convene a meeting to consider the recommendation of the supervisor to either approve or reject the proposal. In the event that the Dissertation proposal has not been approved, the resubmission shall be within 3 months from the date of the communication. If, upon resubmission, the Dissertation proposal is rejected by the Departmental Board, the student shall be discontinued from the Pro-gramme.

5.0 Award of Degree

A student shall be eligible for the award of the Master of Arts Degree upon completion of all coursework plus 15 credit hours for ECO7 20 awarded upon acceptance of the Dissertation by examiners.