University of Limpopo

Bachelor of Commerce in Economics

Business, Commerce and Management Studies - Finance Economics and Accounting

Purpose and Rationale

Qualification Overview

Purpose:
The purpose of the qualification is to respond to the changing economic environment by providing learners with expert knowledge of and skills in Economics. The qualification integrates the economic needs of industry, the region and locally.

Rationale:
The Bachelor of Commerce in Economics, Level 7 aims at training aspiring and budding Economists, who will, upon completion, contribute to the South African economy in a variety of sectors. The qualification provides insight into what drives the economies of the world and develops the ability of learners to evaluate and analyse the macro-economic policies of governments and projects. A learner will gain the requisite understanding and knowledge that will enable him/her to advice on the establishment of economic development projects for Local Economic Development (LED). Studying Economics enables the learner to gain an overview of the economic environment that affects Business Enterprises, Labour, Education, Sports and almost every aspect of human activity. Wherever the learner eventually ends up in the world of work, knowledge of Economics will stand him/her in good stead when making decisions on investment, business ventures or further career choices.

Outcomes

  1. Demonstrate integrated knowledge, a high level of intellectual independence and a systematic understanding of current thinking, practice, theory and methodology in the areas of specialisation in Economics.
  2. Identify, analyse and solve problems using practical and theoretical knowledge of Economics.
  3. Conduct specific investigations in the areas of specialisation by applying a range of suitable methods to resolve problems and/or introduce change.
  4. Produce and communicate professional and occupational ideas and creative insights effectively, appropriate to context in a variety of modes to a range of audiences.
  5. Take decisions and act ethically, responsibly and professionally within a supported environment.

Assessment Criteria

The following Associated Assessment Criteria are assessed in an integrated manner across all the Exit Level Outcomes:

  1. Have an informed outline of knowledge and understanding in the content, theories, and scholarly positions of the critical core of a number of Commerce contexts at a basic and intermediate level.
  2. Critically question the basic assumptions of the most important theories, scholarly positions and basic methodologies in Commerce.
  3. Analyse and locate own work in contemporary contexts (such as the South African and African contexts) regarding specific issues and/or problems.
  4. Interpret topical issues using different perspectives in Commercial contexts.
  5. Interpret, explain and/or develop an argument around and an understanding of newly-encountered material.
  6. Demonstrate an ability to marshal an approach used in Commerce related contexts.

Integrated Assessment: The assessment approach is an integrated approach horizontally and vertically to ensure that Exit Level Outcomes have been met. Continuous and formative assessments include tests, assignments, quizzes, presentations and group work and together they contribute 60% towards the final mark. These assessments will assess across and within learning outcomes. Summative assessment, which consists of a three-hour examination paper, is conducted at the end of each semester and it contributes 40% towards the final mark.

Qualification Details

Type
National First Degree
NQF Level
07
Min. Credits
360
SAQA Source
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University of Limpopo
Description
The University of Limpopo is a comprehensive university located in the Limpopo province of South Africa. It was established in 2005 through the merger of the University of the North and the Medical University of South Africa. The university offers a wide range of undergraduate and postgraduate programs across various disciplines, including health sciences, natural and agricultural sciences, humanities, management sciences, and education. It is known for its commitment to providing quality education, conducting research that addresses societal challenges, and promoting community engagement. The University of Limpopo strives to produce graduates who are equipped with the knowledge and skills necessary to contribute to the development of the region and the country as a whole.

This page includes information from the South African Qualifications Authority (SAQA) . Builtneat Pty Ltd trading as Study Start, has modified all or some of this information. SAQA has not approved, endorsed, or tested these modifications.