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Faculty Booklet - The University of the West Indies, St. Augustine ...

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P O S T G R A D U A T E R E G U L A T I O N S & S Y L L A B U S E S 2 0 1 2 - 2 0 1 3<br />

THE FACULTY OF SOCIAL SCIENCES<br />

M.SC. ECONOMICS<br />

COUrSE SYLLABII/DESCrIPTIONS<br />

(<strong>The</strong> content <strong>of</strong> <strong>the</strong>se courses may be altered to reflect changes<br />

in <strong>the</strong> discipline)<br />

SEMESTEr: YEAr-LONg<br />

COUrSE CODE: ECON 6000 (EC640)<br />

COUrSE TITLE: MICrO-ECONOMIC THEOrY (YEAr-LONg)<br />

NO. OF CrEDITS: 5<br />

COUrSE DESCrIPTION: <strong>The</strong> aim <strong>of</strong> this course is to deepen <strong>the</strong><br />

students’ understanding <strong>of</strong> economics and to introduce <strong>the</strong>m<br />

to selected topics in advanced microeconomics. <strong>The</strong> course will<br />

focus on those areas likely to be most useful to students in <strong>the</strong><br />

design and evaluation <strong>of</strong> economic policy as well as in future<br />

economic research.<br />

Assessment<br />

Coursework - 30%<br />

Final Examination- 70%<br />

SEMESTEr: YEAr-LONg<br />

COUrSE CODE: ECON 6001 (EC64I)<br />

COUrSE TITLE: MACrO-ECONOMIC THEOrY (YEAr-LONg)<br />

NO. OF CrEDITS: 5<br />

COUrSE DESCrIPTION: This course explores <strong>the</strong> critical<br />

macro-economic concerns <strong>of</strong> <strong>the</strong> Small Open Economy. It is<br />

designed to equip students with a working knowledge <strong>of</strong> <strong>the</strong><br />

key macro-issues which confront policy makers in this type <strong>of</strong><br />

economy. <strong>St</strong>udents should have completed a full year’s course<br />

in macroeconomics at <strong>the</strong> intermediate level, and similar level<br />

courses in International Trade and Finance and Public Finance.<br />

Assessment:<br />

Coursework - 25%<br />

Final Examination- 75%<br />

SEMESTEr: 1<br />

COUrSE CODE: ECON 6031 (EC61B)<br />

COUrSE TITLE: CArIBBEAN ECONOMIC DEVELOPMENT<br />

NO. OF CrEDITS: 3<br />

COUrSE DESCrIPTION: This course aims at providing students<br />

with a distinct perspective on <strong>the</strong> experience <strong>of</strong> development in<br />

<strong>the</strong> Caribbean. After a brief consideration <strong>of</strong> <strong>the</strong> basic strategies<br />

<strong>of</strong> development, students will be introduced to a number <strong>of</strong><br />

issues that have characterised <strong>the</strong> experience <strong>of</strong> <strong>the</strong> region.<br />

<strong>The</strong>se include <strong>the</strong> issues <strong>of</strong> vulnerability associated with size,<br />

but will also touch on <strong>the</strong> important questions <strong>of</strong> culture and<br />

institutions.<br />

Assessment:<br />

Coursework - 40%<br />

Final Examination- 60%<br />

SEMESTEr: 1<br />

COUrSE CODE: ECON 6003 (EC65E)<br />

COUrSE TITLE: METHODS OF ECONOMIC INVESTIgATION<br />

NO. OF CrEDITS: 3<br />

COUrSE DESCrIPTION: To create appreciation <strong>of</strong> <strong>the</strong> importance<br />

<strong>of</strong> <strong>the</strong> philosophy <strong>of</strong> science in <strong>the</strong> context <strong>of</strong> research designs;<br />

to empower students in <strong>the</strong>ir quest to undertake survey<br />

research focusing on <strong>the</strong> analysis <strong>of</strong> economic problems and<br />

facilitating economic decision-making to introduce students to<br />

<strong>the</strong> elements <strong>of</strong> survey sampling, its rationale, its applications<br />

and issues surrounding <strong>the</strong> interpretation <strong>of</strong> results.<br />

Assessment:<br />

Coursework - 25%<br />

Final Examination- 75%<br />

SEMESTEr: 1<br />

COUrSE CODE: ECON 6030 (EC61A)<br />

COUrSE TITLE: rESEArCH METHODOLOgY AND<br />

DEVELOPMENT ECONOMICS<br />

NO. OF CrEDITS: 2<br />

COUrSE DESCrIPTION: This course aims at raising <strong>the</strong> level <strong>of</strong><br />

consciousness <strong>of</strong> students about how scientific investigation <strong>of</strong><br />

economic issues is carried out. <strong>The</strong> course examines competing<br />

methodological approaches and seeks to improve <strong>the</strong> level <strong>of</strong><br />

discernment which students bring to <strong>the</strong>ir graduate study <strong>of</strong><br />

economics.<br />

Assessment:<br />

Coursework - 20%<br />

Final Examination- 80%<br />

SEMESTEr: 2<br />

COUrSE CODE: ECON 6006 (EC60B)<br />

COUrSE TITLE: APPLIED ECONOMETrICS<br />

NO. OF CrEDITS: 3<br />

COUrSE DESCrIPTION: This course is a graduate introduction<br />

to time series <strong>of</strong> econometric methods and <strong>the</strong>ir application to<br />

policy-making and forecasting. It assumes some undergraduate<br />

training in econometric methods to <strong>the</strong> level <strong>of</strong> EC36C<br />

(Econometrics I).<br />

Assessment:<br />

Coursework - 40%<br />

Final Examination- 60%<br />

SEMESTEr: 2<br />

COUrSE CODE: ECON 6007 (EC60F)<br />

COUrSE TITLE: HEALTH ECONOMICS<br />

NO. OF CrEDITS: 3<br />

COUrSE DESCrIPTION: <strong>The</strong> intention is to make it possible for<br />

candidates wishing to do so, to pursue a health economics stream<br />

at graduate level on <strong>the</strong> <strong>St</strong>. <strong>Augustine</strong> campus <strong>of</strong> <strong>The</strong> <strong>University</strong><br />

<strong>of</strong> <strong>the</strong> <strong>West</strong> <strong>Indies</strong>. <strong>The</strong> course objective is to introduce students<br />

to <strong>the</strong>oretical and empirical research, public policy issues and<br />

analytical techniques applicable to <strong>the</strong> study <strong>of</strong> <strong>the</strong> economics<br />

<strong>of</strong> health and health care. To facilitate an understanding <strong>of</strong> <strong>the</strong><br />

dynamics <strong>of</strong> <strong>the</strong> health care industry internationally and in <strong>the</strong><br />

Caribbean.<br />

Assessment:<br />

Coursework - 35%<br />

Final Examination- 65%<br />

51

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