SAQA

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SOUTH AFRICAN QUALIFICATIONS AUTHORITY

REGISTERED QUALIFICATION THAT HAS PASSED THE END DATE:

Bachelor of Commerce Honours: Econometrics

SAQA QUAL ID	QUALIFICATION TITLE
3173	Bachelor of Commerce Honours: Econometrics
ORIGINATOR
Rand Afrikaans University
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY			NQF SUB-FRAMEWORK
CHE - Council on Higher Education			HEQSF - Higher Education Qualifications Sub-framework
QUALIFICATION TYPE	FIELD		SUBFIELD
Honours Degree	Field 03 - Business, Commerce and Management Studies		Finance, Economics and Accounting
ABET BAND	MINIMUM CREDITS	PRE-2009 NQF LEVEL	NQF LEVEL	QUAL CLASS
Undefined	160	Level 7	NQF Level 08	Regular-Provider-ELOAC
REGISTRATION STATUS		SAQA DECISION NUMBER	REGISTRATION START DATE	REGISTRATION END DATE
Passed the End Date - Status was "Reregistered"		SAQA 2663/05	2006-07-01	2009-06-30
LAST DATE FOR ENROLMENT		LAST DATE FOR ACHIEVEMENT
2010-06-30		2013-06-30

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.

This qualification does not replace any other qualification and is not replaced by any other qualification.

PURPOSE AND RATIONALE OF THE QUALIFICATION

The purpose of this qualification is to provide qualifying learners with applied competence, on a post-graduate level, in the mastering, analysis, interpretation and understanding economic principles and methods, with a special focus on Econometric techniques.

This programme will prepare learners to reflect on their own economic applications to assess the effect thereof in the holistic context of Economics as a social science within their everyday lives and lastly, it will prepare them for further study in Economics and Econometrics as a science.

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING

Learners accessing this qualification should have demonstrated a basic understanding of economic principles and methods and a potential to advance to higher levels of understanding. Learners should be able to communicate effectively using academic Afrikaans/English in written and oral form. Learners must be able to manage their own study programme and time effectively. Learners must have required applied competence in Economics and Econometrics.

A potential learner should be in possession of a Bachelors Degree on NQF level 6 and a major in Economics as well as appropriate background in Econometrics and/or Statistics (NQF level5). If the average mark for modules in Economics on NQF level 6 (Monetary Theory and Policy (2C.1), The Economics of Developing Countries (2C.2), International Trade Theory and Policy (2D.1), Public Sector Economics (2D.2), Modern Market Economics (3A.1), International Monetary Analysis (3A.2), Intermediate Econometrics (3A.3), Labour Economics (3B.1), Economic Analysis and Money and Capital Markets (3B.2), Intermediate Time Series Analysis (3B.3), Economic Growth Theories (3C.1), Contemporary Macroeconomic Theories (3C.2), Advanced Microeconomic Topics (3D.1) and Advanced Microeconomic Topics B (3D.2)) lies between 50% and 59%, only two of the five modules may be taken during the first year of study.

RECOGNITION OF PRIOR LEARNING

Recognition of prior learning in the case of learners not complying with the formal entry requirements will be conducted in accordance with the policy and guidelines of the University concerning the recognition of other forms of formal, informal and non-formal learning and experience. Recognition takes place only where prior learning corresponds to the required NQF-level, and in terms of applied competencies relevant to the content and outcomes of the qualification. Through recognition of prior learning learners may gain access, or advanced placement, or recognition of status, on condition that they continue their studies at this University.

RECOGNISE PREVIOUS LEARNING?

EXIT LEVEL OUTCOMES

The learners should be able to:

1. Demonstrate their competence in applying the theoretical principles of problem identification and solving in the field of economic, business and financial management correctly and reflect on the application made. (Problem solving skills)

2. Plan and undertake research in the field of economic, business and financial management, including the gathering, analysing, synthesising and interpretation of information on economic and business management issues correctly by utilising the relevant theoretical research principles and reflect on research undertaken. (Research skills)

3. Communicate effectively in orally and in writing with different role players in the field of economic, business and financial management by applying the theoretical principles of communication and reflect on the application made. (Communication skills)

4. Accountably develop a theoretical and practical macro vision, taking into account socio-political and multicultural factors of economic, business and financial management internationally, nationally, provincially/regionally and locally. (Development of macro vision)

5. Effectively and responsibly organise and coordinate resources and opportunities in the field of economic, business and financial management by applying the relevant theoretical aspects and reflect on the application thereof. (Entrepreneurship)

6. Accept the responsibility for their own activities in the field of economic, business and financial management. (Entrepreneurship, self-responsibility skills)

7. Practise acceptable social sensitivity in the relationships with others and work effectively in a team by implementing the relevant theory and reflect on the implementation thereof. (Team ship)

8. Utilise appropriate management technology (e.g. computer and e-mail) effectively in the economic, business and financial management environment. (Technological and environmental literacy)

9. Explore different effective learning strategies to acquire different skills within the field of economic, business and financial management. (Explore learning strategies)

10. Promote responsible citizenship through their approach towards the holistic application of management capabilities within the field of economic, business and financial management both on the local and national level. (Promoting citizenship)

11. Practice acceptable social, cultural and aesthetic sensitivity towards the different role players in the economic, business and financial management industry by applying the appropriate theoretical principles and reflect on the application made. (Cultural and aesthetic sensitivity)

12. Acquire acceptable employment seeking skills for entry into the different sectors of the economic, business and financial management industry by utilising the theoretical principles and reflect on the application thereof. (Employment seeking skills)

ASSOCIATED ASSESSMENT CRITERIA

1. Can the learners demonstrate their ability to identify and solve problems in the field of economic, business and financial management correctly by applying the theoretical principles correctly and reflect on the application made? (Problem solving skills)

2. Are the learners able to plan and undertake research in the field of economic, business and financial management, including the gathering, analysing, synthesising and interpretation of information on economic, business and financial management issues correctly utilising the relevant theoretical research principles and reflect on the research undertaken? (Research skills)

3. Can the learners communicate effectively orally and in writing with different role players in the field of economic, business and financial management by applying the theoretical principles of communication and reflect on the application made correctly? (Communication skills)

4. Have the learners developed an accountable and effective theoretical and practical macro-vision of economic, business and financial management internationally, nationally, provincially, regionally and locally? (Development of macro vision)

5. Are the learners able to effectively and responsibly organise and coordinate resources and opportunities in the field of economic, business and financial management by applying the relevant theoretical aspects and reflect on the application thereof? (Entrepreneurship)

6. Are the learners able to accept the responsibility for their own activities in the field of economic, business and financial management? (Entrepreneurship, self-responsibility skills)

7. Can the learners practise acceptable social sensitivity in the relationships with others and work effectively in a team by implementing the relevant theory and reflect on the implementation thereof? (Team ship)

8. Are the learners able to utilise appropriate management technology (e.g. computer and e-mail) effectively in the economic, business and financial management environment? (Technological and environmental literacy)

9. Are the learners able to explore different effective learning strategies to acquire different skills within the field of economic, business and financial management? (Explore learning strategies)

10. Are the learners able to promote responsible citizenship through their approach towards their holistic application of management capabilities within the field of economic, business and financial management? (Promoting citizenship)

11. Are the learners able to practice acceptable social, cultural and aesthetic sensitivity towards the different role players in the economic, business and financial management industry by applying the appropriate theoretical principles and reflect on the application made? (Cultural and aesthetic sensitivity)

12. Do the learners demonstrate the acceptable employment seeking skills for entry into the different sectors of the economic, business and financial management industry by applying the theoretical principles of employment seeking and reflect on the application thereof? (Employment seeking skills)

Formative assessment practices that will be implemented:

Learners are continually assessed via written and/or practical class assignments, essays and formal written and/or practical tests which will be utilised as an entry requirement for exam purposes. A minimum mark of 40 % per module is required for entry into summative assessments.
Learners will also need to complete written and practical assignments.

Summative assessment practices that will be implemented:

Integrated assessment, focusing on the achievement of the exit-level outcomes, will be done by means of written and/or practical (computerised) 3 hour examinations. A final mark will be calculated on the average of the modular and exam mark.

ARTICULATION OPTIONS

1. Access to qualifications on a lower level:
The learner will be able to access to certificates on NQF level 5 or 6, diplomas on level 5 or 6 or a degree on NQF level 6 in the field of Economics.

2. Access to qualifications on the same level:
Learners who are (or have been) registered for this or another related qualification (or even for some of the related subjects) at another high educational institution, will be allowed to enter mid-stream. Such learners will retain credit for modules that have been passed, after recognition by the previous institution and the Dean of the Faculty of Economic and Management Sciences (RAU).

Learners who want to switch to another educational qualification or other modules at this institution, may do so subjects to certain time limits. They will retain full credit for modules that have been passed.

If the learners want to continue their studies at another higher educational institution, they may switch towards the end of the first or the second semester. The following possibilities for continuation of studies within other education programmes exist i.e. another B.Com Hons-degree programme (NQF level 7) at this or any other university.

3. Access to qualifications on a higher level:
Having obtained this qualification, the following possibilities for further study of higher education programme exist namely a M. Com or a M.A. programme in Economics on NQF level 8.

MODERATION OPTIONS

Both internal and external examiners will be appointed by the Dean of the Faculty of Economic and Management Sciences upon recommendation by the Department of Economics at this institution.

External moderation will also occur within the teaching and lecturing of the programme. These processes still need to be developed.

At least one internal and external examiner per module will be appointed. External examiners with at least a masters degree will be selected from within the different higher education institutions or other educational institutions in South Africa or abroad.

CRITERIA FOR THE REGISTRATION OF ASSESSORS

Formal qualified assessors for assessing learners in terms of foundational, practical and reflexive outcomes per module, with at least a masters degree in the related field of study, will be appointed by the Faculty of Economic and Management Sciences of this institution upon recommendation by the particular department.
Assessors have job related or learning area experience to be able to act as an assessor.
Assessors should be SAQA accredited with assessment experience in the related field of study.

REREGISTRATION HISTORY

As per the SAQA Board decision/s at that time, this qualification was Reregistered in 2006.

LEARNING PROGRAMMES RECORDED AGAINST THIS QUALIFICATION:

NONE

PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS QUALIFICATION:

This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.

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