Bachelor of Commerce Honours in Economics
Business, Commerce and Management Studies - Finance Economics and Accounting
Purpose and Rationale
Program Objectives:
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Advanced Core Knowledge: Provide learners in the private, public, and voluntary sectors with advanced core knowledge and research skills relevant to the technical aspects of Economics and its applied branches.
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Promote Sustainable Growth: Equip students to promote sustainable growth and development in all sectors of the economy and society.
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Maximize Prosperity: Enable learners to maximize prosperity through sound economic principles and practices.
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Develop Competent Leaders: Develop competent leaders in the private, public, and voluntary sectors with applied fundamental and cross-functional technical knowledge and skills.
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Steer Sustainable Development: Equip students with the skills to steer sustainable development, growth, and prosperity in the most appropriate direction.
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Prepare for Specialized Studies: Provide students who wish to pursue more specialized studies in Economics with a solid academic foundation.
By achieving these objectives, the program aims to contribute to the advancement of individuals and societies by producing graduates who are well-equipped to address complex economic challenges and opportunities in diverse sectors.
Outcomes
- Read, interpret and apply Economics and Applied Economics and collect, analyse, organise and critically evaluate more advanced and technically more complex Economics information.
- Demonstrate understanding of Economics Theory as applied to various fields of Economics, and of the implications thereof for the analysis of various markets (e.g. product and service markets, including agricultural and transport markets, labour markets, money markets and capital markets).
- Demonstrate advanced understanding of the inter-relatedness of financial and real markets and of the domestic impact of international trends and events.
- Demonstrate understanding of the economic environments, as well as of economic policy and its impact on various economic fields and enterprises, and the critical and creative application of this knowledge to the needs of various economic agents in the public (policy), private and voluntary sectors.
- Use of a range of advanced economic, econometric and statistical techniques or procedures and computer programmes in the analysis of data in the fields of Economics, Transport Economics or Agricultural Economics apply.
- Communicate more advanced and technically more complex economic issues effectively, using visual, statistical, mathematical and or language skills, including presenting research reports.
- Demonstrate advanced understanding of the inter-relatedness of economic, social and policy variables in problem-solving, including statistical and econometric analysis.
- Work effectively with others as a member of a research or policy team in the private, developmental and public sectors and to organise and manage oneself and one's personal activities responsibly and effectively.
Assessment Criteria
To demonstrate a sound understanding of the latest advances in theoretical explanations and modeling in economics, one must stay abreast of current research and developments in the field. This involves studying recent academic papers, attending conferences, and engaging with experts in the field. By constantly updating one's knowledge, one can apply the latest theories and models to real-world scenarios.
In terms of technical bodies of knowledge, it is crucial to have a deep understanding of economic principles, quantitative methods, and statistical analysis. This knowledge forms the foundation for conducting rigorous research and analysis. By mastering these technical skills, one can effectively interpret data, test hypotheses, and draw meaningful conclusions.
Moreover, practical experiences and skills related to core technical aspects of economics are essential for applying theoretical concepts to real-world problems. Practical experiences may include internships, research projects, or consulting work. By gaining hands-on experience, individuals can develop practical skills such as data analysis, econometric modeling, and policy analysis.
Integrated assessment in economics involves a variety of evaluation methods to test both theoretical knowledge and practical skills. This may include individual assignments, group projects, simulations, workplace assessments, presentations, and exams. By engaging in diverse assessment methods, individuals can demonstrate their understanding of economic concepts and their ability to apply them in different contexts.
Overall, a comprehensive understanding of theoretical explanations, technical knowledge, practical skills, and integrated assessment methods is essential for success in the field of economics. By continuously learning, applying knowledge in real-world settings, and engaging in diverse assessment activities, individuals can develop a well-rounded skill set that prepares them for a successful career in economics.
Qualification Details
- Type
- Honours Degree
- NQF Level
- 08
- Min. Credits
- 120
- SAQA Source
- More Information
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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.