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

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52<br />

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 />

SEMESTEr; 2<br />

COUrSE CODE: ECON 6047<br />

COUrSE TITLE: ADVANCED COrPOrATE FINANCE<br />

NO OF CrEDITS: 3<br />

COUrSE DESCrIPTION: This course seeks to provide Post<br />

Graduate Economics students with a comprehensive knowledge<br />

<strong>of</strong> Modern Topics in Financial Economics. <strong>The</strong> course includes<br />

Financial Engineering, Derivatives, Market Microstructure,<br />

Financial Econometrics and Quantitative Research Methods and<br />

Methodology in Finance.<br />

Assessment:<br />

Coursework - 20%<br />

Final Examination- 80%<br />

SUSTAINABLE DEVELOPMENT:<br />

SEMESTEr: 2<br />

COUrSE CODE: ECON 6008 (EC60C)<br />

COUrSE TITLE: ADVANCED POLICY INSTrUMENTS FOr<br />

SUSTAINABLE DEVELOPMENT (NOT OFFErED)<br />

NO. OF CrEDITS: 3<br />

COUrSE DESCrIPTION: To provide a comprehensive review<br />

<strong>of</strong> <strong>the</strong> utilization <strong>of</strong> Policy Instruments (Pls) in sustainable<br />

development, with critical application to <strong>the</strong> developing/<br />

Caribbean country context.<br />

Assessment<br />

Coursework - 40%<br />

Final Examination - 60%<br />

SEMESTEr: 2<br />

COUrSE CODE: ECON 6009 (EC60D)<br />

COUrSE TITLE: THE ECONOMICS OF SUSTAINABLE<br />

DEVELOPMENT<br />

NO. OF CrEDITS: 3<br />

COUrSE DESCrIPTION: This course aims to expose students to<br />

a detailed and critical analysis <strong>of</strong> <strong>the</strong> literature on <strong>the</strong> economics<br />

<strong>of</strong> sustainable development and, in particular, to explore<br />

<strong>the</strong> applicability <strong>of</strong> this literature to developing/Caribbean<br />

countries.<br />

Assessment:<br />

Coursework - 40%<br />

Final Examination- 60%<br />

SEMESTEr: 2<br />

COUrSE CODE: ECON 6011 (EC60H)<br />

COUrSE TITLE: INTErNATIONAL TrADE - NEW<br />

APPrOACHES (NOT OFFErED)<br />

NO. OF CrEDITS: 3<br />

COUrSE DESCrIPTION: This syllabus will cover some significant<br />

aspects <strong>of</strong> regional integration and globalisation <strong>of</strong> relevance<br />

to Caricom. This course will build on EC 30N and will provide<br />

students with detailed insights on <strong>the</strong> current trade negotiations<br />

in which Caricom countries are currently involved.<br />

Assessment:<br />

Coursework - 20%<br />

Final Examination- 80%<br />

SEMESTEr: 2<br />

COUrSE CODE: ECON 6012 (EC60E)<br />

COUrSE TITLE: MONETArY ISSUES IN ECONOMIC<br />

DEVELOPMENT<br />

NO. OF CrEDITS: 3<br />

COUrSE DESCrIPTION: This course examines alternative<br />

approaches to understanding <strong>the</strong> role <strong>of</strong> finance and banking in<br />

economic development and analysis <strong>of</strong> <strong>the</strong> interaction between<br />

international and domestic capital markets, as well as between<br />

<strong>the</strong> formal banking sector and <strong>the</strong> informal financial sector<br />

<strong>of</strong> developing countries. <strong>The</strong>re will be a review <strong>of</strong> <strong>the</strong> role <strong>of</strong><br />

development banks, multilateral institutions and governments<br />

in financial market operations. It examines <strong>the</strong> effect <strong>of</strong> financial<br />

policy reforms and <strong>the</strong> regulations on <strong>the</strong> performance <strong>of</strong> financial<br />

markets. <strong>The</strong> course contains both a <strong>the</strong>oretical component<br />

and empirical findings <strong>of</strong> studies on developing countries, with<br />

particular emphasis on <strong>the</strong> Caribbean. Topical issues such as<br />

‘dollarization’ and ‘Caribbean monetary integration’ will also be<br />

covered.<br />

This course will make use <strong>of</strong> a large body <strong>of</strong> literature that already<br />

exists on monetary and financial issues in <strong>the</strong> Caribbean. For<br />

example, readings will be taken from <strong>the</strong> numerous papers<br />

presented at <strong>the</strong> CCMS conferences over <strong>the</strong> years. Additionally,<br />

standard textbook treatment <strong>of</strong> <strong>the</strong> main topics will be presented<br />

and critiqued.<br />

Assessment:<br />

Coursework - 20%<br />

Final Examination- 80%<br />

M.PHIL./PH.D. ECONOMICS<br />

<strong>The</strong> Master <strong>of</strong> Philosophy (M.Phil.) and <strong>the</strong> Doctor <strong>of</strong> Philosophy<br />

(Ph.D.) degrees are research degrees. Research degrees involve<br />

independent study, directed by a supervisor, and <strong>the</strong> production<br />

<strong>of</strong> a <strong>the</strong>sis. <strong>The</strong> essential difference between <strong>the</strong> Master and<br />

Doctoral levels, aside from <strong>the</strong> length <strong>of</strong> <strong>the</strong> registration period,<br />

lies in <strong>the</strong> quality <strong>of</strong> a successful Ph.D. <strong>the</strong>sis, which must be<br />

judged to be <strong>the</strong> result <strong>of</strong> original research, to be an addition to<br />

knowledge and to be worthy <strong>of</strong> publication ei<strong>the</strong>r in full or in an<br />

abridged form in a refereed journal. <strong>The</strong> award <strong>of</strong> a M.Phil./Ph.D.<br />

also requires <strong>the</strong> candidate to defend his/her <strong>the</strong>sis at a public oral<br />

examination. <strong>The</strong> maximum period for registration for full time<br />

M.Phil. and Ph.D. students are 3 years and 5 years respectively and<br />

part time students maximum registration is 5 years and 7 years<br />

respectively.<br />

Candidates seeking entry to <strong>the</strong> M.Phil. programme should hold a<br />

Bachelor’s degree (Second Class Honours or above), in addition to<br />

<strong>the</strong> courses outlined in <strong>the</strong> M.Sc. programme. M.Phil. students are<br />

required to read for courses totalling a minimum <strong>of</strong> six (6) credits<br />

and courses must be <strong>of</strong> <strong>the</strong> graduate level.<br />

Candidates seeking entry into <strong>the</strong> Ph.D. programmes should hold<br />

Master’s degree from an approved <strong>University</strong> with a specialty<br />

in <strong>the</strong> area <strong>of</strong> study. <strong>St</strong>udents may be required to attend an<br />

interview prior to being accepted. <strong>St</strong>udents applying for M.Phil./<br />

Ph.D. degrees must prepare an appropriate research proposal<br />

for consideration in <strong>the</strong> area in which <strong>the</strong>y wish to pursue. PhD.<br />

students are required to read for courses totalling a minimum <strong>of</strong><br />

nine (9) credits and courses must be <strong>of</strong> <strong>the</strong> graduate level.

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