BSc Economics With Finance
The Bachelor of Science in Economics with Finance is a four-year regular undergraduate programme of the Department of Applied Economics, School of Economics, University of Cape Coast.
Aim of the programme
The aims of the programme are to augment human capacity in the area of economics and finance; and produce economists with diversified skills to service the finance and its related sectors in Ghana, Africa and the world at large.
Objectives
- 1. Equip students with the concepts and theories in the field of economics and finance. 2. Enable students to analyse how the national economic environment and the global/national financial architecture interrelate. 3. Equip students with the tools used in analysing finance and economic issues that affect national growth and global development.
- Equip students with the concepts and theories in the field of economics and finance.
- Enable students to analyse how the national economic environment and the global and national financial architecture interrelate.
- Equip students with the tools used in analysing finance and economic issues that affect national growth and global development.
The first two years build the foundations: introductory and principles-level mathematics and statistics for economists, principles of micro- and macroeconomics, computing for social scientists, foundations of accounting, personal financial decision making, principles of finance, financial markets and institutions, elements of micro- and macroeconomics, and an introduction to econometrics, alongside the University-wide Communicative Skills, Information Literacy Skills, African Studies, the interfaculty course and Critical Thinking and Practical Reasoning.
The third and fourth years specialise. Students take economic modelling and forecasting, research methods, time series econometrics, cross-section and panel data econometrics, microeconomic and macroeconomic theory at intermediate and advanced levels, game theory, financial modelling and forecasting, investment and portfolio management, the economy of Ghana, mathematical models for economists, corporate finance, development economics, behavioural finance, financial derivatives, corporate governance and ethics, international finance and open economy macroeconomics, and dynamic stochastic general equilibrium modelling. One elective is taken in each semester of the third year and one or two in the first semester of the fourth year, drawn from empirical finance, microfinance, e-commerce economics, business economics, financial economics, real estate finance, public finance and public policy, environmental economics, monetary economics and the financial management of banks.
The research component is the Project Work, written in the second semester of the fourth year, with the research proposal prepared during the first semester.
Background
The current program is hosted by the Department of Applied Economics, which was established in 2018 as part of the restructuring of the then Department of Economics into the School of Economics. The Department of Economics (now School of Economics) of the University of Cape Coast (UCC) was established in 1962 with the aim of training students in the teaching of economics. Given the dynamics of economic challenges on both the domestic and global scene, the program is run as a regular program aimed at augmenting human capacity in the area of economics and finance, producing economists with diversified skills to service finance and its related sectors in Ghana, Africa, and the world at large.
Career opportunities
Graduates of the programme are employed across the agricultural sector, the services sector and the industrial sector of the economy. The Department runs tracer events that track the performance of graduates of the programme.
Course structure
The courses mounted for this programme, by year and semester.
Level 100
First Semester
| Code | Course | Type | Credits |
|---|---|---|---|
| CMS107 | Communicative Skills | Mandatory | 3 |
| ECF101 | Principles Of Finance | Core | 3 |
| ECO103 | Principles Of Microeconomics | Core | 3 |
| ECO105 | Introductory Mathematics For Economists I | Core | 3 |
| ILT101 | Information Literacy | Mandatory | 1 |
| SBU103 | Foundation Of Accounting I | Core | 3 |
Second Semester
| Code | Course | Type | Credits |
|---|---|---|---|
| CMS108 | Communicative Skills | Mandatory | 3 |
| ECF104 | Personal Financial Decision Making | Core | 3 |
| ECF106 | Introductory Statistics for Economists | Core | 3 |
| ECO104 | Principles Of Macroeconomics | Core | 3 |
| EST102 | Principles Of Mathematics For Economists | Core | 3 |
| SBU104 | Foundation Of Accounting II | Core | 3 |
Level 200
First Semester
| Code | Course | Type | Credits |
|---|---|---|---|
| ECF205 | Principles of Finance | Core | 3 |
| ECF213 | Financial Market and Institutions | Core | 3 |
| ECO207 | Elements of Microeconomics | Core | 3 |
| ECO209 | Mathematics For Economists | Core | 3 |
| EST203 | Elements of Statistics for Economists | Core | 3 |
| EST205 | Introduction To Econometrics | Core | 3 |
Second Semester
| Code | Course | Type | Credits |
|---|---|---|---|
| ECF206 | Computer Applications For For Financial Economists | Core | 3 |
| ECF208 | Economics of Insurance and Risk Management | Core | 3 |
| ECF214 | Introduction to Development Finance | Core | 3 |
| ECO210 | Elements Of Macroeconomics | Core | 3 |
| ECO212 | Elements Of Mathematics For Economists | Core | 3 |
| PHL205 | Critical Thinking And Practical Reasoning | Mandatory | 2 |
Level 300
First Semester
| Code | Course | Type | Credits |
|---|---|---|---|
| ECF301 | Elements Of Economic Modelling And Forecasting | Core | 3 |
| ECF303 | Empirical Finance | Elective | 3 |
| ECF307 | Microfinance | Elective | 3 |
| ECF309 | Development Finance | Core | 3 |
| ECF311 | Time Series Econometrics | Core | 3 |
| ECF317 | Game Theory and Applications | Core | 3 |
| ECO323 | Microeconomic Theory | Core | 3 |
| ENT302 | Introduction to Entrepreneurship | Mandatory | 1 |
Second Semester
| Code | Course | Type | Credits |
|---|---|---|---|
| ECF302 | Cross-Section and Panel Econometrics | Core | 3 |
| ECF304 | Financial Modelling And Forecasting | Core | 3 |
| ECF312 | Investment and Portfolio Management | Core | 3 |
| ECF318 | Business Economics | Elective | 3 |
| ECF320 | Financial Economics | Elective | 3 |
| ECO308 | Economy Of Ghana | Core | 3 |
| ECO310 | E-Commerce Economics | Elective | 3 |
| ECO320 | Macroeconomic Theory | Core | 3 |
| EST302 | Mathematical Models For Economists | Core | 3 |
Level 400
First Semester
| Code | Course | Type | Credits |
|---|---|---|---|
| ECF409 | Development Economics | Core | 3 |
| ECF411 | Behavioural Finance | Core | 3 |
| ECF413 | Public Finance and Public Policy | Elective | 3 |
| ECF415 | Real Estate Finance | Elective | 3 |
| ECF417 | Corporate Finance | Core | 3 |
| ECF423 | Environmental Economics | Elective | 3 |
| ECF427 | Financial Management of Banks | Elective | 3 |
| ECO413 | Monetary Economics | Elective | 3 |
| ECO427 | Advanced Microeconomic Theory | Core | 3 |
Second Semester
| Code | Course | Type | Credits |
|---|---|---|---|
| ECF402 | Applications Of Game Theory To Finance | Core | 3 |
| ECF406 | Corporate Governance and Ethics | Core | 3 |
| ECF499 | Project Work | Research Component | 3 |
| ECO410 | International Finance And Open Economy Macroeconomics | Core | 3 |
| ECO428 | Advanced Macroeconomic Theory | Core | 3 |
| EST402 | Dynamic And Stochastic General Equilibrium Models | Core | 3 |