Master of Science in Economics (MSc Econ)
The Masters of Science in Economics (Msc Econ) is offered by The Open University of Tanzania through its newly established Centre of Economics and Community Economic Development.
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.
Course Name: Master of Science in Economics
Course Initials: MSc Econ
A first or second class honours degree in economics or statistics/mathematics from The Open University of Tanzania or the equivalent qualification from other approved higher learning institutions.
Candidates with a pass degree may be considered if: They have evidence of cumulative of at least post graduation training lasting at least 6 months
The MSc degree involves intensive coursework, written examination and a dissertation.
Each student takes seven taught courses, two core courses in the first and second trimester and two core courses and one elective in the third trimester. The course structure is as follows:
Advanced Mathematics for Economists
Macroeconomic Policy for Developing Countries
Advanced Research Methodology
Elective Courses( Choose at least one elective)
Economics of Money, Banking and Financial Markets
The dissertation of minimum 15,000 and maximum length 20,000 words will typically be a piece of supervised research of an acceptable standard, including a brief critical review of the literature in the relevant area.
It should also include an empirical analysis which employs some techniques acquired from econometric theory and/or mathematics for economists.
The duration of the programmes is about 15months (about 9 months’ coursework and 6 months of dissertation). The fee is Tsh 360,000 for each course excluding dissertation that is one unit (1 unit) =Tsh 180,000 most postgraduate courses weigh 2 units (20 credits). The dissertation is charged 900,000.
The minimum number of taught courses for most masters programmes is 6 (ie 2 courses per trimester excluding dissertation) hence the minimum tuition fee for such programme with 6 taught course would cost (360,000X6)+ 900,000 for dissertation.
Note that the other charges [Registration fees (Paid once), ID processing Fee (Once), Student contribution (Annually), TCU Quality Assurance (Annually) and Examination Fee] will be included.
|1||Dr. Timothy Lyanga||MSc Econ|
+255 754 311 041
By the end of this course, students should be able:
- Have a critical understanding of advanced economic theory
- Provide technical assistance related to economic policy in various sectors
- Build and manage social and economic development programs
- Identify, read and understand important contemporary contributions in reputable economic journals
- Design and implement projects
- Access and handle economic data sets
- Use econometric software to estimate economic models
- Acquire Self-confidence in presenting and defending ideas and views before critical audiences.
To complete one course there are six parts equaling to 12 weeks of learning for each course. There are three modules (trimesters) of about 12 weeks each required to complete the coursework.
example if the programme has 6 taught courses in total, for each module there could be two courses (ie two lecturers). For each course in a trimester there is a different assessment because they are taught by different lecturers. For each course there is take home term paper (assignment) to be given to students in the second half of the respective trimester); and final comprehensive examination at the end of trimester.
The online discussions weigh 20%, term paper-30% and final exam-50%. The lecturers do monitor accuracy of contributions each student makes when discussing to constitute the 20%.
The examination is done by students at any regional centre when they are ready. Students must have participated in the discussions for all the 6 parts of the course in the MOODLE platform for them to be allowed to do final examinations.
The final exam is done after second F2F sessions after consultations with students.