SAQA

All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.

SOUTH AFRICAN QUALIFICATIONS AUTHORITY

REGISTERED QUALIFICATION THAT HAS PASSED THE END DATE:

National Diploma: Economic Management Analysis

SAQA QUAL ID	QUALIFICATION TITLE
72570	National Diploma: Economic Management Analysis
ORIGINATOR
Tshwane University of Technology (TUT)
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY			NQF SUB-FRAMEWORK
CHE - Council on Higher Education			HEQSF - Higher Education Qualifications Sub-framework
QUALIFICATION TYPE	FIELD		SUBFIELD
National Diploma	Field 03 - Business, Commerce and Management Studies		Finance, Economics and Accounting
ABET BAND	MINIMUM CREDITS	PRE-2009 NQF LEVEL	NQF LEVEL	QUAL CLASS
Undefined	360	Level 6	Level N/A: Pre-2009 was L6	Regular-Provider-ELOAC
REGISTRATION STATUS		SAQA DECISION NUMBER	REGISTRATION START DATE	REGISTRATION END DATE
Passed the End Date - Status was "Reregistered"		SAQA 06120/18	2018-07-01	2018-12-31
LAST DATE FOR ENROLMENT		LAST DATE FOR ACHIEVEMENT
2019-12-31		2023-12-31

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 replaces:

Qual ID	Qualification Title	Pre-2009 NQF Level	NQF Level	Min Credits	Replacement Status
961	National Diploma: Economic Management Analysis	Level 6	Level TBA: Pre-2009 was L6	360	Complete

PURPOSE AND RATIONALE OF THE QUALIFICATION

Competent learners will be able to apply advanced economic, financial & statistical knowledge and skills in analysing the economic policy. They must also be able to analyse economic indicators and economic sectors to forecast economic change.

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING

Diploma in Economic Management Analysis

Recognition of prior learning:
The qualification will also be awarded to a learner who has provided evidence that the stated competence of the qualification has been achieved through experience

RECOGNISE PREVIOUS LEARNING?

QUALIFICATION RULES

The qualification will be awarded to a learner who has provided evidence to the satisfaction of the assessors that the stated competence of the qualification, as detailed in the specified outcomes, has been achieved, either through education and training in a single provider's learning programme, or through experience that complies with the stated specified outcomes.

EXIT LEVEL OUTCOMES

1. Evaluate economic policy
2. Analyse economic indicators and sectors
3. Analyse and manage accounting systems in compliance with statutory requirements to facilitate decision-making
4. Apply and interpret advanced financial principles
5. Use basic office software packages
6. Demonstrate an understanding of the computing environment

SPECIFIED LEVEL:

1.
Describe various reasons for international trade (F & C)
Discuss and analyse the international mobility of factors of production (F & C)
Distinguish between various international trade policies (F & C)
Describe different types and means of international payment (F & C)
Discuss and evaluate the role of the fiscal authority (F & C)
Evaluate the use of monetary policy in South Africa (F & C)
Discuss and analyse various economic development problems and policies (F & C)
Describe various current economic issues

2.
Evaluate economic indicators (F & C)
Analyse the macro economy (F & C)

3.
Preparing financial statements according to statutory requirements (F & E)
Valuating business interest (F & E)
Analysing and interpreting financial statements (F & E)
Compile basic consolidated financial statements for companies (F & E)
Perform statutory and accounting requirements in respect of liquidations, amalgamations and the reconstruction of companies (F & E)

4.
Make financing and investment decisions, using the calculated weighted average cost of capital (F & E)
Calculate, interpret and evaluate the most commonly used capital budgeting techniques (F & E)
Analyse the entity's working capital position and make recommendations for improvement (F & E)
Advanced financial analysis to assist in strategic planning (F & E)

5.
Apply word processor, spreadsheet and presentation software packages (F & E)

6.
Discuss and explain basic principles of computer hardware and software, operating systems, data communications and business information systems (F & E)

CRITICAL LEVEL:

Identify and solve problems pertaining to the economic environment

Work effectively with other team members to ensure that sound economic and accounting principles are applied

Organise and manage oneself by means of effective time management to ensure that task deadlines are reached

Collect, analyse, organise and critically evaluate economic and accounting data

To use the latest technology effectively in executing economic and accounting tasks

ASSOCIATED ASSESSMENT CRITERIA

Discuss the theory of absolute cost and advantage.

Discuss the theory of comparative cost and advantage

Differentiate between constant, increasing and decreasing opportunity cost

Use the offer curve analysis to describe the occurrence of international trade

Distinguish between the various factors of production's mobility

Describe and illustrate the effect of labour mobility

Describe the international mobility of capital

Describe the different forms of free trade

Discuss the various components of a protection policy

Describe the role of the World Trade Organisation

Describe the foreign exchange market

Distinguish between different exchange rate systems

Evaluate South Africa's exchange rate and exchange rate system

Determine the role of various international monetary and trade organisations

Describe and evaluate South Africa's foreign trade and balance of payments

Describe reasons for and nature of government intervention in the economy

Describe the concept and various objectives of fiscal policy

Describe and evaluate the use of fiscal policy instruments

Discuss and analyse the South African budget

Describe and evaluate the use of monetary policy instruments

Describe the transmission mechanism

Use the IS/LM analysis to describe interaction between fiscal and monetary policy

Distinguish between the concepts and measurement of economic development and economic growth

Describe different characteristics of developing countries

Explain the role of agriculture in developing countries

Analyse the role of industrial development in developing countries

Evaluate the role of foreign countries in the development of developing countries

Evaluate the role of industrial development in developing countries

Evaluate the role and extent of development planning

Evaluate South Africa's international competitiveness

Describe the effect of economic growth on the environment

2.

Differentiate between various types of indicators

Plot the change in the indicators and forecast change in economic activity

Describe and apply various forecasting techniques

Analyse the real, monetary and foreign sectors

3.

Financial statements are prepared according to statutory requirements

Business interest can be correctly valued

Financial statements can be analysed and interpreted correctly

Basic consolidated financial statements for companies can be compiled correctly.

Statutory and accounting requirements in respect of liquidations, amalgamations and the reconstruction of companies can be performed.

4.

The weighted average cost of capital are calculated correctly.

Financing and investment decisions using the WACC are made to maximise stakeholder interest.

Capital budgeting techniques are calculated, interpreted and evaluated correctly.

Basic strategies for efficient cash management are correctly applied to minimize financing needs.

The key features of the collection policy and the popular collection techniques are correctly explained.

Financial statements correctly analysed.

Applicable recommendations are made to assist the entity in achieving its strategic objectives.

5.
Complete practical applications using a word processor, spreadsheet and presentation software package.

6.

Identify and describe principles relevant to computer hardware and software, operating systems, data communications and business information systems.

Integrated assessment:

1. Written exam
2. Projects / class tests / assignments
3. Case studies

ARTICULATION OPTIONS

Articulates with Professional Degree in Economic Management Analysis qualification can further lead to areas of specialisation and entry requirements to:

Accounting

Business management

Other tertiary institutions offering similar commercial qualifications

Institute of Bankers qualifications

South African Institute of Financial Markets

MODERATION OPTIONS

1. Industry as represented on Advisory Committee
2. Labour as represented on Advisory Committee
3. Government institutions as represented on Advisory Committee
4. Students (present and alumni)
5. Tutors

CRITERIA FOR THE REGISTRATION OF ASSESSORS

Qualifications: Economic related qualification equal to NQF level 6 (Professional degree)
Experience: Five years experience in an economic related field

REREGISTRATION HISTORY

As per the SAQA Board decision/s at that time, this qualification was Reregistered in 2006; 2009; 2012; 2015.

LEARNING PROGRAMMES RECORDED AGAINST THIS QUALIFICATION:

When qualifications are replaced, some (but not all) of their learning programmes are moved to the replacement qualifications. If a learning programme appears to be missing from here, please check the replaced 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.

1.	Tshwane University of Technology (TUT)