As part of the broader program, an MSc course was proposed entitled Master of Science in Agricultural and Applied Economics. Universities accredited in accordance with procedures jointly determined by the collaborating institutions through a memorandum of understanding, and determined through the programâ€™s secretariat offer the course.
Objectives of the Course
The masters course is meant to provide graduates with a solid foundation in economic concepts and methods for various ends including applied analysis as professionals within government, business and the civil societies; further advanced study for those seeking a career in teaching and research; and lifelong learning and retooling. Moreover, the course should enhance creativity in tackling problems by professionals and researchers through the acquired capacity to adapt concepts and instruments to the issue at hand.
The course adopts the structure shown below;
Applicants are expected to have prior knowledge in mathematics for economists encompassing differential and integral calculus; micro and macro economics; introductory course in statistics; computer skills; introductory course in accounting (those intending to specialise in Agribusiness option) and proficiency in English. Those without the necessary prerequisites are required to undergo upgrading before official admission into the program.
A Bachelors degree in either Agriculture, Agricultural economics, Science, Engineering, or Social sciences including economics or be professionals in their mid career.
For the award of Masters degree, the students are required to complete eight core courses all scheduled for semester 1 & 2.
Semester 1 (13-15 weeks): Microeconomics, Statistics, Mathematics, and Issues in Agricultural and Applied Economics
Semester 2 (13-15 weeks): Production Economics, Econometrics, Macro-economics, and Research Methodology and computer applications
The elective courses form part of semester 3, which comprise a Foundation course in specialised field; Institutional and Behavioural Economics; two electives and Thesis seminar (in all fields).
For the electives, students have the freedom to select them within or outside their immediate field of specialised study among the following courses. The choice is guided by thesis research interest and the studentâ€™s advisor.
- Agricultural Supply chain Management
- Agricultural Marketing and Price analysis
- Consumer and Demand Analysis
- Environmental Valuation and Policy
- Factor Market Analysis
- Farm Management and Production
- Farming Systems and Sustainable Livelihood Analysis
- Science and Technology Policy Analysis
- Agribusiness Management
- Finance and Risk Management
- Food Policy Analysis
- Gender and Economic Development
- Natural Resource Economics and Management
- Project Planning and Management
- Quantitative Analysis of Agricultural Policies
- International Trade and Policy
- Agricultural and Rural Development
- Quantitative Methods in Agribusiness Management
- Quantitative Methods in Environmental Economics
- Social Organisation in Agriculture
- Environment and Natural Resource Management
- Agricultural Policy and Analysis
The first two semesters are undertaken at home universities where students have registered while the third semester is conducted at a common shared facility where all students from the collaborating universities in the program congregate for course offerings. Then students get back to their home universities for semester four and five to undertake research and thesis write ups.
Fields of Specialisation
Students choose their main area of specialisation among the following:
- Agricultural policy and trade
- Agriculture and rural development
- Environmental and Natural resource management
- Agribusiness management
The program offers these four areas of concentration, with potential to add others based on clients demand.
All students are required to complete a thesis and undertake an oral examination in their fourth and fifth semesters. Thesis supervision is provided by a designated supervisor, with the assistance of an additional thesis committee member, from within or outside the home university, providing specialised guidance.
A student graduates after successful completion of all the required courses, thesis writing and presenting an oral examination of the thesis. This gives a total score of 45 credit hours.