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:

Bachelor of Technology: Economic Management Analysis

SAQA QUAL ID	QUALIFICATION TITLE
959	Bachelor of Technology: Economic Management Analysis
ORIGINATOR
Committee of Technikon Principals
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY			NQF SUB-FRAMEWORK
Was CHE until Last Date for Achievement			HEQSF - Higher Education Qualifications Sub-framework
QUALIFICATION TYPE	FIELD		SUBFIELD
B Tech	Field 03 - Business, Commerce and Management Studies		Finance, Economics and Accounting
ABET BAND	MINIMUM CREDITS	PRE-2009 NQF LEVEL	NQF LEVEL	QUAL CLASS
Undefined	480	Level 7	Level TBA: Pre-2009 was L7	Regular-Provider-ELOAC
REGISTRATION STATUS		SAQA DECISION NUMBER	REGISTRATION START DATE	REGISTRATION END DATE
Passed the End Date - Status was "Registered"		SAQA 9900/00	2003-07-01	2006-06-30
LAST DATE FOR ENROLMENT		LAST DATE FOR ACHIEVEMENT
2007-06-30		2012-06-30

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 is replaced by:

Qual ID	Qualification Title	Pre-2009 NQF Level	NQF Level	Min Credits	Replacement Status
72125	Bachelor of Technology: Economic Management Analysis	Level 7	Level N/A: Pre-2009 was L7	480	Complete
72387	Bachelor of Technology: Economic Management Analysis	Level 7	Level N/A: Pre-2009 was L7	480	Complete

PURPOSE AND RATIONALE OF THE QUALIFICATION

Competent learners will be able to apply advanced economic knowledge in developing new models in economic policy and theory. They will also be able to write a research thesis in economic thought.

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING

First Degree in Economic Management Analysis.

RECOGNISE PREVIOUS LEARNING?

EXIT LEVEL OUTCOMES

1 Do research in economic theory and practice
2 Discuss and analyze the role of fiscal policy
3 Discuss and analyze the role of the foreign sector in the South African economy
4 Discuss and analyze the role of the monetary authority
5 Discuss and analyze development policy
6 Construct and analyze computerized econometric models

Specific Outcomes:
1. Do research in the economics field (C)
Use research tools and methods with success (C)

2. Analyze and criticize the fiscal policy environment (C)
Appraise the taxation policy in South Africa (C)
Criticize the debt and deficit situation in South Africa (C)
Appraise expenditure and the budget system (C)
Distinguish policy alternatives (C)

3. Evaluate various theories of international trade (E)
Appraise various international trade policy components (E)
Appraise the use of foreign exchange (E)
Evaluate macro policies for open economies (E)
Analyze the international movement of factors of production (E)

4. Analyze the different financial markets and instruments (E)
Analyze monetary policy in South Africa (E)
Analyze the use of exchange rate policy (E)

5. Analyze the development problem (E)
Design a development policy in South Africa (E)
Evaluate the role of the public sector in development (E)
Criticize the role of foreigners in the development process (E)

6. Relate correlation theory (E)
Explain second-order tests of the assumptions of the linear regression model (E)
Construct a basic computerized econometric model(E)

Critical outcomes:
1. Identify and solve problems pertaining to the economic environment
2. Work effectively with other team members to ensure that sound economic and accounting principles are applied
3. Organize and manage oneself by means of effective time management to ensure that task deadlines are reached
4. Collect, analyze, organize and critically evaluate economic and accounting data
5. To use the latest technology effectively in executing economic and accounting tasks

ASSOCIATED ASSESSMENT CRITERIA

1. Prepare a proposal
Do a literature and/or empirical study
Write a thesis
Draw logical conclusions

2. Evaluate the effect of economic globalisation on fiscal management
Investigate the effect of growth, democracy and expectations
Evaluate the extent and desirability of fiscal decentralization in South Africa
Evaluate the relationship between taxation and economic growth
Assess the nature of tax competition
Interpret the relationship between inflation and government revenue
Judge alternate budget-deficit measures
Explore the relationship between deficits and economic growth
Give a viewpoint on the extent of deficit financing and public debt
Evaluate the management of public debt
Put government expenditure in an international perspective
Do an option analysis on the institutional placing of social security
Do a fiscal analysis on government employment and remuneration
Evaluate the reform of the budgeting system as a precondition for effective fiscal management
Assess the efficiency of the public sector
Evaluate the nature of fiscal policy in South Africa
Develop a policy model to meet the challenges of a globalise economic order

3. Differentiate between basic theories of international trade
Evaluate the various new theories of international trade
Distinguish between the various trade barriers
Judge the reasons or arguments for trade restriction
Distinguish between trade blocks and trade blocs
Appraise the relationship between the environment and international trade
Assess trade policies for developing countries
Analyse the nature and working of the foreign exchange market
Evaluate the use of forward exchange
Distinguish between exchange rates on the short term and long term
Criticize government policies toward the foreign exchange market
Assess the nature and working of an open economy
Distinguish between an internal and external balance with fixed exchange rates
Analyse the relationship between floating exchange rates and internal balance
Evaluate the international movement of labour
Assess international lending and the world debt crisis
Criticize direct foreign investment and the role of multinationals

4. Evaluate the money market and instruments
Evaluate the capital market and instruments
Analyse the various transactions in the foreign exchange market
Evaluate the nature and working of the futures market
Evaluate the nature and working of the options market
Analyse the different monetary policy instruments
Criticize the management of reserves by the reserve bank
Criticize management of public debt as a function of the reserve bank
Assess the relationship between the balance of payments and the exchange rate
Investigate the determination of the exchange rate
Distinguish between purchasing power parity and covered interest parity
Illustrate how to forecast the exchange rate
Illustrate how to manage exchange rate risk

5. Evaluate the nature and level of underdevelopment in the world
Appraise various development problems
Evaluate the nature of underdevelopment in South Africa
Criticize various development programmes
Plan a development programme for South Africa
Assess various roles of the public sector
Analyse the various problems experienced by the public sector in implementing a development plan
Analyse the role of foreign aid
Analyse the role of foreign investment

6. Describe the methodology of econometric research
Explain correlation theory
Devise a simple regression model
Describe statistical tests of significance of estimates
Describe multiple regressions
Describe the assumptions of randomness, zero mean, constant variance and normality of the disturbance variable u
Explain autocorrelation
Explain multicollinearity
Discuss time as a variable
Discuss lagged variables
Build an econometric model on a computer taking all theoretical components into consideration

Integrated assessment:

1. written exam
2. projects/class tests/assignments
3. thesis
4. case studies

ARTICULATION OPTIONS

Qualification can further lead to areas of specialization 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 7
Experience : Ten years experience in a economic related field.

NOTES

While South Africa still had Technikons, all of their qualifications were registered under the Committee of Technikon Principals. After the Technikons became Universities of Technology or merged with Universities, the qualifications were registered under each of these institutions, and the CTP qualifications fell away (hence the end date of 2006, above). Where relevant, replacement information is
shown in the table above.

LEARNING PROGRAMMES RECORDED AGAINST THIS QUALIFICATION:

When qualifications are replaced, some of their learning programmes are moved to being recorded against the replacement qualifications. If a learning programme appears to be missing from here, please check the replacement.

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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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