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Bachelor of Commerce (Honours) in Economics

Honours Course – Business and Economics

Commencement year

The course entry applies to students commencing this course in 2018. Unit/module codes that are not linked to their entry in the Handbook are not available for study in the current year.

Course code 3679

Credit points 120

Abbreviated title BCom (Hons) Economics

Managing faculty Business, Engineering and Technology

Admission and fees https://www.msa.ac.za/Course/3679-bachelor-commerce-honours-economics/


  • Course type

    Coursework


  • Standard duration

    1 year FT

    Full-time students complete their Honours degree in two semesters and the programme typically starts in semester one. Students at Monash South Africa will receive credit and complete this course in 1 year full-time.


  • Mode and location

    On-campus (South Africa)


  • Award

    Bachelor of Commerce (Honours) in Economics

Description

This newly designed qualification, recently added to our programme offering, is aligned to industry, with well-defined priorities to guarantee relevance while addressing the needs of society. There is a growing need for multi-dimensional graduates with the ability to participate in an increasingly complex and dynamic local and global economy. The Honours programme provides students with an opportunity to deepen their knowledge of economics and to develop the necessary skills to tackle the economic issues and challenges that they will encounter throughout their careers. Emphasis is placed on attaining competence in economic analysis and its application to real-world issues.

The Bachelor of Commerce (Honours) degree in Economics is highly desirable for students seeking employment as professional economists (employers may value a level of specialisation that is not provided by a three-year Bachelors degree); for students who want to do postgraduate work in economics or for students who simply want to signal relatively high academic achievement.

Specialisation

Successful graduates, upon completion of the Bachelor of Commerce (Honours) degree, obtain a 120 credits degree. To be enrolled in the Economics Honours Programme, a student must have completed a Bachelors degree with a major in Economics.

Outcomes

Upon successful completion of this Bachelor of Commerce Honours in Economics, it is expected that graduates will be able to:

  1. Demonstrate a comprehensive and systematic knowledge base of advanced microeconomics and macroeconomics theory, applied economics, research skills and analytic techniques to be applied in work-based concepts.
  2. Appreciate the different economic development problems facing developing countries and identify and develop implementable policies and solutions suitable for developing nations in a globalized context.
  3. Communicate effectively with clients and manage the stakeholder relationship by demonstrating effective oral, written, listening and non-verbal communication skills.
  4. Possess the ability to behave in a manner demonstrating ethics and integrity towards matters within the higher education institution, with clients and towards other economists and members of the public.
  5. Possess the skills and knowledge to undertake advanced economics studies at Masters level

Programme Structure

The Bachelor of Commerce (Honours) in Economics degree comprises 7 units; 3 compulsory modules, three elective and a Research Project.  The Bachelor of Commerce (Honours) Economics is normally completed by full-time students over a period of one year. The following units/modules constitute the programme.

First Semester
Core (compulsory) courses (Totalling 75 HEQF credits):

Second Semester
At least 3 electives must be taken. Not all of these modules are necessarily available every year.

  • ZUG4037  International Economics – 15
  • ZUG4040  Health Economics – 15
  • ZUG4038  Development Economics – 15
  • ZUG4039  Empirical Finance – 15
  • ZUG4041  Forecasting Methods for Business – 15

Thesis

  • ZUG4036  Applied Economics Research – 30

All students need to enrol in the Applied Economics Research unit in both semesters to obtain the requisite 30 credits.

Entry Requirements

The minimum admission requirement is an appropriate Bachelor’s degree in Economics or degree with high economic content, at NQF Level 7. Students must have obtained an average of at least 65% in the final two years of the undergraduate degree.

Completion of the following courses or equivalent is required:

  • Advanced Microeconomics, or equivalent
  • Advanced Macroeconomics; or equivalent
  • Applied Econometrics or equivalent;

It is also recommended that a student complete Mathematical Economics, or an equivalent course, before commencing the Economics Honours Programme.

Progression to further studies

This qualification may enable graduates to articulate to a Master’s Degree in mainstream Economics or any branch of economics.

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