Master of Science in Economics (MSc. Economics)
Introduction
The postgraduate study in economics is extremely imperative for individuals who make top strategic economic decisions and those involved in economic policy design, analysis, appraisal and implementation. The right dose of postgraduate study in economics is, therefore, essential in order to elevate and strengthen the analytical competencies and best practices that are increasingly required to solve complex issues in this modern era of globalization. The ECED department at the Open University of Tanzania continues to enjoy a distinguished record in teaching and research. The depth and breadth of teaching and research cover contemporary issues in both modern economic theory and applied economics with practical applications. Indeed, ECED offers the challenging, yet stimulating environment to pursue postgraduate research in any field of applied economics.
Since its inception in 1992, the Open University of Tanzania has been running an undergraduate degree program in economics. Many graduates from this undergraduate programme have been employed in government ministries, non-governmental organizations (NGOs), financial sector, business sector, etc. Others have gone for further studies in different fields due to lack of an appropriate postgraduate program in economics at the Open University of Tanzania. What is more and perhaps even more important is that there is a serious paucity of economists in the country who are holding postgraduate qualification in economics. In the face of these pragmatic realities, this MSc program has been meticulously designed to address those demands.
Programme Summary
Course Name: Master of Science in Economics
Course Initial: MSc. Economics
Course Duration: 15 Months
Total number of Units: (200 credits) 7 units (5 cores & 2 electives)
Mode of Deliverance: Blended Mode (face to face; zoom and moodle platform)
Programmes Informations
This program seeks to recruit highly-qualified graduates. The prospective applicants must possess a first degree with first class or upper second class in economics from the Open University of Tanzania or the equivalent qualification from other universities. In addition, prospective students are envisaged to be competent in the areas of basic mathematics and statistics.
S/N | COURSE NAME | STATUS | CREDITS |
1 | OEC 611: Advanced Microeconomics | CORE | 20 |
2 | OEC 612: Advanced Macroeconomics | CORE | 20 |
3 | OEC 614: Advanced Mathematics | CORE | 20 |
4 | OEC 615: Econometrics Analysis | CORE | 20 |
5 | OEC 616: Macroeconomic Policy for Developing Countries | CORE | 20 |
6 | OEC 613: Advanced Research Methodology for Economists | CORE | 20 |
| |||
1 | OEC 610: Economics for Money, Banking and Financial Markets | ELECTIVE | 20 |
2 | OEC 618: Environmental and Natural Resources Economics | ELECTIVE | 20 |
| OEC 699: DISSERTATION |
| 60 |
Total fee is 3,950,000/=
· 1st Trimester 870,000/=
· 2nd Trimester 800,000/=
· 3rd Trimester 1,200,000/=
· Dissertation 1,080,000/=
· Mr. Abdul Kilima
· Mr. Henry Tumaini
The minimum pass mark for any course shall be the grade “B” or 50%. Candidate, who successfully completes the required modules, shall qualify upon approval by Senate, for the award of Masters of Science in Economics.
The following regulations shall apply:
- Assessment of examinations and
- Each module carries 100% The final examination counts for 70% of the total marks. Coursework carries 30% of the total marks
- A candidate shall not pass the course unless he/she attains a minimum of 50% (B) in each module
- Before the candidate is allowed to start writing a dissertation, he/she must successfully complete the coursework part with a mean overall grade of “B” or above (i.e. GPA of at least 0) in all chosen /pursued core modules listed.
- The mode of evaluation for the thesis comprises 100% and shall be evaluated internally and by external
- Candidate who fails in only ONE of the THREE courses undertaken in a semester shall be allowed to do supplementary
- Candidate who fails in TWO of the THREE courses undertaken in a semester shall be discontinued from
- A candidate who fails in a repeated subject shall be absconded from the MSc programme
- A candidate whose overall grade point is below a “B” in the coursework part shall be discontinued from
The following Grading system shall apply:
GRADE A | MARKS 70%-100% | GRADE POINT 4.4-5.0 | QUALITY Excellent |
B+ | 60-69% | 4.0- 4.3 | Very Good |
B | 50-59% | 3.0-3.9 | Good Pass |
C | 40-49% | 2.0-2.9 | Marginal Fail |
D | 35-39% | 1.0-1.9 | Fail |
E | 0-34% | 0.-0.9 | Absolute Fail |
