Economics
The Department of Economics was first launched in 1953 with the objective of addressing the country’s trained human power shortage in the field of Economics. The program provides instruction on economic theories and a rigorous foundation in the analytical tools and applied areas of economics, relying on mathematical and statistical techniques.
As per the new policy of the Ethiopian government to mitigate the manpower shortage in this field of study, the department aspires to produce qualified citizens who are going to participate in research and development, teaching and consultancy service that the economy demands and thereby contribute towards the fulfillment of the development policies and strategies of the country. Therefore, its plan is to educate and train students in this field of specialization.
The current programme is found by the staff chiefly to address lack of courses that acquaint students with the needs of employing industries and specific knowledge that enable students to be more competitive in the labour market. This need is addressed by introducing elective courses in four concentration areas with minor adjustments in credits of other courses
- Onsite
- October
- Under Graduate
Overview
General Objectives of the program:
- The aim of the program is to produce high level professionals in Economics and high-level qualified experts in different professions that will benefit the country’s sustainable economic development and foster growth and transformation process of Ethiopia to reach the middle-income countries in the near future, through offering students a comprehensive basis for professional and academic careers and further education in any economics specializations, and thesis work. The program will equip students with a solid knowledge of economic theory as applied to development issues, natural resources, and other socio-economic issues concerning the developing countries in particular and the globe in general.
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-disciplines of economics [labour 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 to provide 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.
Professional Profiles
This refers to general description of the desirable qualities of the professional in the world of work. Professional’s profile is the determination of the conceptual knowledge, skills and the tools a professional is expected to possess. It is the major roles and tasks of the professional and the competencies that it requires for optimal functioning. It is the graduate profile that is advanced through experience in the real world. It is known that economics professionals have the necessary understanding of theoretical, analytical tool, and practical implementation of economic issues that can be applied in various institutions (government, non-government, private, and community related activities). Similarly, they do have knowledge and skills of resource allocation, are of critical thinking on various socio-economic phenomenon. They do also have firm mathematical and analytical skills, good knowledge and skill of computer use and software applications.
Therefore, it is expected from an economist to
- Present and transfer economic knowledge to the target groups
- Develop and build economic Models
- Use empirical evidence to evaluate an economic argument
- Develop, design, appraise and monitor projects.
- Develop and promote attitudes that advance the nation’s well-being in particular and the globe in general.
- Be ethical, openly and objectively comments on economic policies, strategies and issues.
- Contribute to the economic policy formulation capability and broadly to the economic advancement of the country;
- Conduct scientific Researches and assist in the dissemination of the findings of such research in Ethiopia;
- Able to provide independent consultancy and advisory services for various agents.
- Initiate forum for the discussion of economic issues, and
- Create professional linkage with domestic and foreign economists.
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 knowledge, skills and attitude discussed below.
Programme
# | Course Title | Course Code | Cr.hr | ECTS | Prerequisite | Remark |
1. | Communicative English Language Skill English I | FLEn 1011 | 3 | 5 | ||
2. | Economics | Econ 1011 | 3 | 5 | ||
3. | General Psychology | PsyL 1011 | 3 | 5 | ||
4. | Mathematics for Social Sciences | Math 1011 | 3 | 5 | ||
5. | Critical Thinking | LoCT 1011 | 3 | 5 | ||
6. | Physical Fitness | SpSc 1011 | – | 2 contact Hrs. | P/F | |
7. | Geography of Ethiopia and the horn | GeES 1011 | 3 | 5 | ||
Total | 18 | 32 |
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