BCom (Economics) is a three-year full-time programme in which students are introduced to economic theory, economic policy and empirical issues associated with economic analysis. The core modules for specialisation in economics are economics and statistics, although mathematics is also an important component. In the first year of study students become thoroughly acquainted with the principles of economics with special emphasis on the South African economy and its challenges. Students are also introduced to economic theories and concepts and the basic instruments of macro- and microeconomics. In the second year of study the focus is on intermediate economic theory focusing on both microeconomics and macroeconomics. In the third year of study modern economic analysis is emphasised while particular attention is paid to public policy, international trade, economic analysis and growth and development. The latter is the central economic policy challenge in Africa and South Africa in particular. Graduates are primarily employed as analysts, consultants, researchers or traders in either the private or public sectors. The government, the South African Reserve Bank, private and commercial banks and leading local and international stockbrokers and consultancies commonly employ graduates in economics. Students are strongly advised to proceed with postgraduate studies.
Have you ever wondered why we have firms? Possibly not, but do you wonder why bank charges are what they are, or why cellphone and data charges are what they are? Maybe, instead, you have wondered why queues at public clinics are so long? Maybe you wonder if a tax on sugar will reduce diabetes or you would like to know how high the price of soft drinks would have to be to reduce diabetes? Most probably, you have wondered why so many South Africans are unemployed? Or, more practically, what can be done so that more South Africans can find jobs? Asking and answering abstract and practical questions such as the above are the hallmark of economic science.
For more information, please consult the Faculty webpage.
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Economists may specialise in banking, public finance, international trade and investment or economic development. Economists are employed by government, the central bank, private and commercial banks, stock brokerage firms and consultancies, both locally and internationally. Positions include analysts, consultants, researchers, traders and academics.
3 years, full-time.
The Faculty of Economic and Management Sciences aspires to be at the cutting edge of economic, financial and management education, as well as research and community engagement within the national, African and global context. Our mission is to advance relevant knowledge and develop employable, innovative and diverse graduates to co-create value for society.