General Objectives of the program:
The aim of the program is to produce high level professionals in Economics that will benefit the country’s sustainable economic development.
Specific objectives of the program:
With these general objectives, the prime and specific focuses of the program is:
- To produce Economists (Economic thinkers) with basic skills that would help to teach and do research in areas of economics.
- To better acquaint the students with solid understanding of microeconomic theories, macroeconomic theories, and other economic issues for intelligent applications of economics in a way that improve the quality, relevance and output of undergraduates in economics in Ethiopia.
- To equip the students with the necessary methodologies in economics that enable them explain the economic phenomenon, undertake economic analysis and design economic policy.
- To highlight the different applications of economic theories in various sectors and expose the students to the different sub-discipline of economics [labor economics, agricultural economics, industrial economics, environmental economics, financial economics, etc]
- Produce graduates with a skill of planning, Project preparation, monitoring and evaluation.
- To enable the students undertake theoretical and applied researches relevant to the overall development strategy and vision of the country and address national problems of socio-economic roots; and disseminate research findings through outreach program.
- To promote interdisciplinary collaboration among the various programs in training, research and extension.
- To offer short term training courses and provides consultancy service for different organizations and community.
- To show students how economic science evolved, its present and future vision of the field and make them up-to-date with the dynamism of the field.
Admission Requirements:
- The department is a program of study that normally takes three years to complete for full time regular students and four to five years for Part time students. The department will admit if the student:
- Have successfully completed preparatory level schools and pass Entrance examination for the University prepared by Ministry of Education.
- Have able to pass the standards set by the department and MOE criteria.
Graduate Profile
A graduate profile is derived from the professional profile and describes the competencies that a graduate (beginning professional) is expected to have as a result of their educational programs. It determines the program goals and the skills and knowledge needed for a beginning professional. As a result, after completion of their study, the graduates will be able to achieve the discussed below knowledge, skills and attitude.
- Microeconomics theories and their applications.
- Macroeconomic theories and their applications.
- Mathematical techniques, theories and their application in economics.
- Economic applications in different sectors (financial, education, infrastructure, environment, money market, public policy, agriculture, etc.)
- Statistical and econometric tools and applications.
- Economic applications in Developmental issues.
- Economic applications in labor market and industrial sectors.
- The evolution and development of economic ideas and thoughts.
- International trade and finance.
- Planning, project analysis and evaluation.
Specifically
- Theories of consumer behavior, producer behavior and the market.
- Theories of firm’s price and output determination.
- Functioning of different market setting, their structure and organization.
- Macroeconomic theories dealing with national income accounting, unemployment, inflation and economic growth of nations, etc.
- Theories of renewable and non-renewable resources, public goods, externalities and market failure and environmental valuation.
- Theories of international trade & finance.
- Theories of wage determination, issues of labor demand and supply analysis.
- Different economic policy instruments (such as monetary policy, fiscal policy, income policy, trade policy, and etc) used at an aggregate level.
- Theories, strategies, approaches and country experiences of agricultural and rural development.
- Theories of economic development and the problems of developing countries and the different paths/way-outs from the problems or challenges.
- Project designing, appraisal, economic planning, analysis, monitoring and evaluation.
- Sectoral issues that cover social services as education, health, transport, communication and electric power and infrastructural developments as a whole.
- The link between the various economic and non-economic aspects.
Skills/tools:
- Basic computer skills and software applications in economic research and analysis.
- Research proposal developing skills and writing research reports and professional articles.
- Interviewing (conducting of survey) skill.
- Critical socio-economic phenomenon observation and data analysis skills.
- Both quantitative and qualitative socio-economic research skills.
- How to use empirical evidence to evaluate an economic argument.
- How to conduct appropriate statistical analysis of data, and explain the statistical problems evolved.
- Instruct in universities and higher training institutions.
Attitude:
- Have a rational attitude about private and/or public matters.
- Easy to work with others (economists and other professionals).
- Ready to support state and communities.
- Emerging & Cross Cutting Issues: Governance.
- Community Development.
- Gender, HIV/AIDS and Disabilities.
- Environment.
- Experimental economics, etc.
Communication:
- Ability to lead Focus Group Discussions.
- Formal and Informal communication Skills.
- Excellent rational oratorical skills.
- Reporting skills.
- Reasoning skills.
Management:
- A good management skill of private and public resources.
- Time Management.
- A good ability to Manage and suggest ideas and views (the various arguments that arises because of the various socio-economic complications,).
Course Breakdown by Year and Semester
Economics program, Module course breakdown by year and semester for three years
Year I, semester I
|
# |
Course title |
Course code |
Cr.hr |
CPs in ECTS |
Remark |
||
|
1 |
Communicative English |
EnLa 1161 |
3 |
5 |
|
||
|
2 |
Calculus for Economists |
Econ 1011 |
3 |
5 |
|
||
|
3 |
Microeconomics I |
Econ 1021 |
3 |
5 |
|
||
|
4 |
Macroeconomics I |
Econ 1031 |
4 |
6 |
|
||
|
5 |
Introduction to statistics |
Econ 1031 |
3 |
4 |
|
||
|
6 |
Introduction to Logic |
Phil 1171 |
3 |
5 |
|
||
|
Total |
|
19 |
30 |
|
|||
Year I, semester II
|
# |
Course title |
Course code |
Cr.hr |
CPs in ECTS |
Remark |
|
|
1 |
Basic writing skill |
EnLa 1162 |
3 |
5 |
|
|
|
2 |
Civics & Ethics |
CESt 1182 |
3 |
5 |
|
|
|
3 |
Linear Algebra for Economists |
Econ 1012 |
3 |
5 |
|
|
|
4 |
Microeconomics II |
Econ 1022 |
4 |
6 |
|
|
|
5 |
Macroeconomics II |
Econ 1032 |
3 |
5 |
|
|
|
6 |
Statistics for Economists |
Econ 1042 |
3 |
5 |
|
|
|
Total |
19 |
31 |
|
|||
Year II, semester I
|
# |
Course title |
Course code |
Cr.hr |
Lab |
CPs in ECTS |
Remark |
||
|
1 |
Principle of Accounting I |
Acct-2201 |
3 |
|
5 |
|
||
|
2 |
Introduction to Computer |
CoSc-M 2191 |
3 |
|
5 |
|
||
|
3 |
Mathematical Economics |
Econ 2051 |
3 |
|
5 |
|
||
|
4 |
Econometrics I |
Econ 2061 |
3 |
1 |
6 |
|
||
|
5 |
Development Economics I |
Econ 2071 |
3 |
|
5 |
|
||
|
6 |
International Economics I |
Econ 2081 |
3 |
|
5 |
|
||
|
Total |
|
18 |
|
31 |
|
|||
Year II, semester II
|
# |
Course title |
Course code |
Cr.hr |
Lab |
CPs in ECTS |
Remark |
|
|
1 |
Principle of Accounting II |
Acct2202 |
3 |
|
5 |
|
|
|
2 |
Econometrics II |
Econ 2062 |
3 |
1 |
6 |
|
|
|
Research method for economists |
Econ 2063 |
3 |
|
4 |
|
||
|
3 |
Development Economics II |
Econ 2072 |
3 |
|
5 |
|
|
|
4 |
International Economics II |
Econ 2081 |
3 |
|
5 |
|
|
|
5 |
Natural Resource & Environmental Economics |
Econ 2091 |
3 |
|
5 |
|
|
|
Total |
|
18 |
|
29 |
|
||
Year III, semester I
|
# |
Course title |
Course code |
Cr.hr |
CPs in ECTS |
Remark |
|
|
1 |
Entrepreneurship and Enterprise Development |
MGMT3211 |
3 |
4 |
|
|
|
2 |
Labour Economics |
Econ 3101 |
3 |
4 |
|
|
|
3 |
Agricultural Economics |
Econ 3111 |
3 |
4 |
|
|
|
4 |
Monetary Economics |
Econ 3121 |
3 |
5 |
|
|
|
5 |
Development Planning & Project Analysis I |
Econ 3131 |
3 |
5 |
|
|
|
6 |
History of Economic Thought I |
Econ 3141 |
3 |
5 |
|
|
|
7 |
Thesis in Economics I |
Econ 3151 |
3 |
4 |
|
|
|
Total |
|
18 |
31 |
|
||
Year III, semester II
|
# |
Course title |
Course code |
Cr.hr |
CPs in ECTS |
Remark |
|
|
1 |
Economics of Industry |
Econ 3102 |
3 |
4 |
|
|
|
2 |
Rural Development |
Econ 3112 |
3 |
4 |
|
|
|
3 |
Public finance |
Econ 3122 |
3 |
5 |
|
|
|
4 |
Development Planning & Project Analysis II |
Econ 3132 |
3 |
5 |
|
|
|
5 |
History of Economic Thought II |
Econ 3142 |
3 |
5 |
|
|
|
6 |
Thesis in Economics II |
Econ 3152 |
3 |
5 |
|
|
|
Total |
|
18 |
28 |
|
||
Graduation requirement
- No ‘F’, ‘NG’, or ‘I’ grade in any course taken.
- The minimum number of credit points (EtCTS- Ethiopian Credit Transfer System) hours set by the department and all required courses are taken.
- Minimum cumulative Grade Average Point (CGPA) of 2.00 in all courses.
Degree Nomenclature
Up on successful completion of the program,
“Bachelor of Arts (BA) degree in Economics” will be awarded