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Programme Convenor : A \ Prof Mare Sarr

The School of Economics offers a one-year taught Masters in Economics programme.  The objective of the Masters by coursework is to equip students with the theoretical and technical knowledge required to practise as a professional economist in the public and private sector.  All courses,including the core theory courses, include theoretical and empirical applications to reflect the objectives of the degree.

Entrance requirements:

  • An average of at least 65% in an Honours degree in Economics.
  • Applicants may be required to undertake a Graduate Record Examination (GRE) test.
  • Students who have completed equivalent courses at the Master level may apply for exemption, but not credits, from particular courses.
  • Recommendation of acceptance is at the discretion of the Graduate Committee.

Programme structure:

The Masters in Economics programme comprises four compulsory courses in the first semester, two elective courses in the second semester, and a compulsory research paper.  The degree runs over 12 months.  The programme comprises  of 240 credits.

Compulsory courses:

HEQF Credits

ECO5011F

Quantitative Methods for Economists

30

ECO5021F

Advanced Macroeconomics

30

ECO5020F

Advanced Microeconomics OR

30

ECO6007F

Microeconomics II

30

ECO5046F

Advanced Econometrics

30


Optional courses:

Two courses to be chosen from (30 credits each):


ECO5050S

International Finance

ECO5052S

Natural Resource Economics

ECO5057S

Labour Economics

ECO5062S

Applied International Trade

ECO5064S

Views of Institutional and Behavioural Economics

ECO5069S

Applied Time Series Analysis

ECO5070S

Microeconometrics

ECO5030S

Applied Growth Theory

ECO5075S

Macroeconomic Policy Analysis

ECO5074F

Research & Policy Tools

ECO5073S

Problems of Globalisation, Industrialisation and Development

ECO5077S

Industrial Organisation

ECO5076S

Development Microeconomics

ECO5003F

Governance and Growth

Research component:

ECO5023W

Minor Dissertation (60 credits)

60


Total

240


With the permission of the Graduate convener, students maybe permitted to take one Masters course (level 5000) from another Department.Options may be added or withdrawn according to circumstances each year.

Assessment:

To qualify for the Masters degree, students must pass all courses including the research component to a value of 240 HEQF credits.

The research component is examined by way of a mini-dissertation (60 HEQF credits) which will be due early February in the year following the coursework.

Readmission rules: 

Students who fail may repeat a maximum of two courses of the coursework component once provided that they have submitted the required dissertation within the time frame for submission. A compulsory course may be repeated only if the student scored at least 40% at first attempt. If a student fails an elective they may substitute it with another elective.

There will be no supplementary examinations. Satisfactory progress for research as per the MoU (Memorandum of Understanding) 

Further programme specific administrative requirements: 

In addition to completing the University application form, students applying from outside of UCT must also submit the course outlines of their highest level Economics courses as well as the names and contact details of two referees to the Graduate Administrator, School of Economics before 31 October.  The programme begins in January. To apply online click here.

Please refer to the Commerce Faculty Handbook for more information.