Blantyre International University Bachelor of Economics Course

Blantyre International University Bachelor of Economics Course

Blantyre International University Bachelor of Economics;  Economics is the study of individuals and social activities related to the choice, production, distribution, and consumption of goods and services. In relation to these decisions, economics is concerned with the behaviour and interaction of individuals, private firms, and other institutions and government agencies. Economics contributes to the understanding of many important social problems: changes in efficiency and productivity, fluctuations in the overall levels of economic activity and employment, inflation, the effects of government deficits, the growth and decline of industries, changes in foreign exchange rates, increases in international indebtedness, and the behaviour of the developed and less developed countries. Economics makes an excellent complement to business disciplines. Most business disciplines look at business from the inside. Economics looks at business in the context of its relation to other businesses, to the government, to consumers, to employment and to the evolution of society as a whole.

Aims

The aims of this programme are threefold: to give students a firm grounding in modern economic theory and a basic understanding of economic processes; to provide a descriptive knowledge of the domestic and world economies; and to develop the students capabilities for quantitative analysis and independent thought.

Objectives

By the end of this programme, students should be able to:

• Demonstrate sound economic knowledge and thinking;
• Analyze the functioning of an economy;
• Explain economic behaviors and theories;
• Apply economic models to real life situations;
• Formulate economic policy;
• Conduct research;
• Provide economic advice.

Entry Requirements

Applicants for admission into the undergraduate programmes will be subject to selective screening based on academic achievement at the secondary level. The table below shows the standards for evaluating secondary school’s credentials for undergraduate admission.

Examination Minimum Requirement

Malawi School Certificate of Education [ MSCE ] or IGSCE/GSCE A full certificate with at least six credit passes including English and Mathematics plus one of the following subjects:

• Business Studies
• Principles of Accounting
• Physics

A-Level         :  One ‘A’ level pass
IB                  :  One upper level pass
Mature Entry  :  Work or Business Experience of three years or more