The Bachelor of Business Science specialising in Economics is a good fit for students who want to focus on their university journey in the Faculty of Commerce, unlike the BSocSci in Economics which allows students to major in economics.
The Bachelor of Business Science specialising in Economics is a good fit for students who want to focus on their university journey in the Faculty of Commerce, unlike the BSocSci in Economics which allows students to major in economics and one other Humanities subject within a Bachelor of Social Sciences degree.
Why Take A Programme With A Strong Economics Focus?
Economics is the study of economic life. It asks what, how and why goods are produced and who benefits. Economics covers micro subjects like the firm's economics (profit maximisation etc.) and macro issues like unemployment, inflation and economic growth.
All UCT s Economics programmes require that you do core micro-and macro- courses in the first, second and third year. Other economics courses (some optional, some compulsory depending on the programme) include International Trade, Labour and Development Economics, Public Sector Economics and Resource Economics.
The more economics you do, the more you will understand economic policy dilemmas, the complexities of the economic growth crises, etc. You will, in other words, be able to talk much more sensibly about economic issues than you would if you just took core economics subjects.
Having this skill will enrich your business life (and certainly make you appear more intelligent in an interview!). It will also improve your attractiveness to many employers.
Graduates who can think clearly and logically about the broader economic environment have a lot to offer potential employers, especially those in asset management, stockbroking, merchant banking, investment guidance and management consulting.
Most jobs in business require further training, and a background in economics is usually an excellent signal to employers that you are capable of analytical thinking and are worth training further.
UCT is an inclusive and engaged research-intensive African university that inspires creativity through outstanding achievements in learning, discovery and citizenship; enhancing the lives of its students and staff, advancing a more equitable and sustainable social order and influencing the global higher education landscape.
The purpose of this qualification is to equip students with the necessary theoretical and quantitative economic and econometric knowledge and skills in order to effectively perform their duties as economists or econometricians in the private and public sectors of the economy.
The primary purpose of the qualification is to provide qualifiers with graduate-level knowledge, specific skills, applied competence and the necessary attitudes in the fields associated with commerce and industry that prepare them to be lifelong learners.
The BCom Economics is a three-year (full-time) degree course, during which time students are introduced to various economic principles. The core modules for specialisation in Economics are Economics and Statistics.
This programme focuses almost exclusively on fields of study in Economics. Because of the importance of statistics for the development of high-level economic analysis, statistics or mathematical statistics up to the second-year level is required for this programme.
The IIE Bachelor of Commerce Honours in Economics degree offered at IIE MSA is aligned to industry, with well-defined priorities to guarantee relevance while addressing the needs of African economies.
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