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Programme convener: Professor Anthony Black

Entrance requirements:

An average of at least 65% in an Honours degree and with a three year major in Economics in a Bachelors degree. A candidate shall have completed a quantitative course in Econometrics at 3rd year level‚ or equivalent. Applicants with degrees outside South Africa are encouraged (and in some cases may be required) to submit a Graduate Record Examination (GRE) score. A strong performance in the quantitative segment (above the 80th percentile) is expected. Recommendation of acceptance is at the discretion of the programme convenor and the Graduate committee.

Programme outline:

The School of Economics offers a Masters specialising in Economic Development in recognition of the need for a flexible programme structure which allows students to focus on research while choosing a curriculum best suited to their abilities and interests. The aim is to equip students with essential research skills (both quantitative and writing skills) and knowledge in their chosen area of specialisation. The 120 credit dissertation weighting allows students to qualify for NRF funding.

Duration of the programme:

Offered over two years full–time. The programme begins in January

Prescribed curriculum/programme structure:

This programme comprises two compulsory courses‚ two optional courses and a dissertation (ECO5066W). Students taking ECO5046F or ECO5021F or ECO5020F are required to take ECO5011F Quantitative Methods for Economists prior to registering for these courses. It is non–credit bearing for this program. A candidate will ordinarily complete the prescribed courses in the first year‚ and will be expected to complete the dissertation within the following year. The programme comprises 240 credits. The programme commences in February.

Coursework component

Compulsory courses  


ECO5073F

Problems of Globalisation‚ Industrialisation and Development

30

ECO5074S

Research and Policy Tools

30


Optional courses

Two courses to be chosen from any other Masters course in Economics for which students meet the entrance requirements.

ECO5050S

International Finance

30

ECO5052S

Natural Resource Economics

30

ECO5057S

Labour Economics

30

ECO5062S

Applied International Trade

30

ECO5064S

Views of Institutional and Behavioural Economics

30

ECO5069S

Applied Time Series Analysis

30

ECO5070S

Microeconometrics

30

ECO5075S

Macroeconomic Policy Research

30

ECO5020F

Advanced Microeconomics

30

ECO5021S

Advanced Macroeconomics

30

ECO5046F

Advanced Econometrics

30

ECO5003F

Governance and Growth  (Highly Recommended)

30

ECO5077S

Industrial Organisation

30

ECO5076S

Development Microeconomics

30

ECO5030S

Applied Growth Theory

30

ECO5066W

Minor Dissertation

120

Total

240

Options may be added or withdrawn according to circumstances each year. Students may take one approved course from a cognate discipline as an optional course (in either semester). Please consult the School of Economics section of this handbook for descriptions of the compulsory and elective courses.

Assessment:

To qualify for the Masters degree‚ students must pass all courses including the research component to the value of 240 credits. Candidates are normally expected to complete all the coursework within one year. The 120 credit dissertation should be no longer than 25 000 words in length and is expected to be completed 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 scored at least 40% at the 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).

Distinction rules:

The degree will be awarded with distinction if the candidate obtains an overall average mark of at least 75% or higher‚ and if the candidate obtains not less than 70% for both the coursework component and the dissertation component of the degree.

Further programme specific administrative requirements:

The closing date for applications is 31 October. To apply online click here.