University of Limpopo

Bachelor of Commerce in Economics

Business, Commerce and Management Studies - Finance Economics and Accounting

Purpose and Rationale

Qualification Purpose and Rationale

Purpose:

The purpose of the qualification is to respond to the changing economic environment more adequately. The qualification integrates the needs of industry, the region and is in line with the mission and vision of the institution.

Rationale:

Our Bachelor of Commerce (B Com) in Economics program aims at training aspiring and budding economists who will upon completion, contribute to the South African economy in particular in a variety of sectors. The Degree programme provides insight into what drives the economies of this world, and the ability to evaluate and analyse macroeconomic policy of governments and projects. A student will gain the requisite understanding and knowledge that will enable him/her to advise on the establishment of economic development projects for local economic development (LED).

Studying Economics enables the student to gain an overview of the economic environment that affects the business enterprises, labour, education, sports and almost every aspect of human activity. In wherever the student eventually ends up in the world of work, knowledge of Economics will stand him/her in good stead when making decisions on investment, business venture or further career choice.

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 in order to resolve problems and/or introduce change as well as producing and communicating professional and occupational ideas and creative insights effectively, appropriate to context in a variety of modes to a range of audiences.
  4. 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 and demonstrate an ability to marshal an approach used in Commerce related contexts included at the Exit-Level (Level 7).

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, including tests, assignments, quizzes, presentations, and group work, 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. Assessment is in alignment with the University Rules and the assessment policy of student learning.

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.