Types of Undergraduate Degrees

The Department of Economics offers seven (7) undergraduate degree options.
The requirements of these are given below. You can also view the Prerequisites and Anti-Requisites.

 

B.Sc. Economics (Special)

 

LEVEL ONE
SEMESTER ONE
SEMESTER TWO

FOUN1001 English for Academic Purposes(FD10A)*

OR FD14A Writing in the Disciplines

ECON1002 Introduction to Macroeconomics (Day)* (EC10E)
FD12A(FOUN1201) Medicine, Science and Technology in Society
OR
ECON1001 Introduction to Microeconomics (EC10C) (Day)*

ECON1001 Introduction to Microeconomics (Evening) (EC10C)

OR

ECON1006 Calculus I for Business & Social Sciences (EC18A)
(ECON1002) Introduction to Macroeconomics (EC10E) (Evening)  
  FOUN1101 Caribbean Civilisation (FD11A)

ECON1003 Mathematics for the Mgmt. Sciences
(EC14C)

 

  

OR

GOVT1000 Introduction to Political Institutions (Evening) (GT11A)
LEVEL I FREE ELECTIVE (Students with A' Level Mathematics - Statistics Option or Cape Statistics)

OR

  GOVT1001 Introduction to Political Philosophy (Day) (GT11B)
ECON1005 Introductory Statistics (EC16A)  

OR

SOCI1002 Sociology for the Caribbean (SY14G)
ECON2008 Statistical Methods I (EC23L)
(Students with A' Level Mathematics, Statistics Option) 		 
   
   

*All B.Sc. Economics (Special) students are required to do both ECON1001 and ECON1002. Full-time students normally do ECOON1001 in Semester I and ECON1002 in Semester II while part-time students do ECON1002 in Semester I and ECON1001 in Semester II.

* FD10A is offered to Social Sciences students in Semester 1 only. Students registering for FD10A(FOUN1100) MUST have a pass in the English Proficiency Test.

Students with Grade 1 or 2 passes in CAPE Communication Studies should take FD14A instead of FD10A

 

LEVEL TWO
SEMESTER ONE
SEMESTER TWO
ECON2000 Intermediate Microeconomics I(EC20A) EC2001 Intermediate Microeconomics II (EC20B)
   
ECON2002 Intermediate Macroeconomics I (EC21A) ECON2003 Intermediate Macroeconomics II (EC21B)
   
ECON2019 Matrix Algebra for Business & Social Sciences (EC24N) ECON2017 Calculus II (EC24J)
   
1 ECONOMICS ELECTIVE FROM LEVEL II/III 2 FREE ELECTIVES LEVELS III
   
1 FREE ELECTIVE LEVEL II/III  

 

LEVEL THREE
SEMESTER ONE
SEMESTER TWO
ECON3031 Probability & Distribution Theory (EC33P) 3 ECONOMICS ELECTIVES LEVELS II/III
   
ECON3049 Econometrics I (EC36C) 2 FREE ELECTIVES LEVELS II/III
   
3 ECONOMICS ELECTIVES LEVELS II/III  


B.Sc. Economics (Major)

An Economics Major should complete ninety (90) credits as follows:

LEVEL ONE
SEMESTER ONE
SEMESTER TWO

FOUN1001 English for Academic Purposes(FD10A)*

OR FD14A Writing in the Disciplines

ECON1002 Introduction to Macroeconomics (Day)* (EC10E)
FD12A(FOUN1201) Medicine, Science and Technology in Society
OR
ECON1001 Introduction to Microeconomics (EC10C) (Day)*

ECON1001 Introduction to Microeconomics (Evening) (EC10C)

OR

ECON1006 Calculus I for Business & Social Sciences (EC18A)
(ECON1002) Introduction to Macroeconomics (EC10E) (Evening)  
  FOUN1101 Caribbean Civilisation (FD11A)

ECON1003 Mathematics for the Mgmt. Sciences
(EC14C)

 

  

OR

GOVT1000 Introduction to Political Institutions (Evening) (GT11A)
LEVEL I FREE ELECTIVE (Students with A' Level Mathematics - Statistics Option or Cape Statistics)

OR

  GOVT1001 Introduction to Political Philosophy (Day) (GT11B)
ECON1005 Introductory Statistics (EC16A)  

OR

SOCI1002 Sociology for the Caribbean (SY14G)
ECON2008 Statistical Methods I (EC23L)
(Students with A' Level Mathematics, Statistics Option) 		 
   
   

*All B.Sc. Economics (Special) students are required to do both ECON1001 and ECON1002. Full-time students normally do ECOON1001 in Semester I and ECON1002 in Semester II while part-time students do ECON1002 in Semester I and ECON1001 in Semester II.

* FD10A is offered to Social Sciences students in Semester 1 only. Students registering for FD10A(FOUN1100) MUST have a pass in the English Proficiency Test.

Students with Grade 1 or 2 passess in CAPE Communication Studies should take FD14A instead of

LEVEL TWO
SEMESTER ONE
SEMESTER TWO
ECON2000 Intermediate Microeconomics I (EC20A) ECON2001 Intermediate Microeconomics II (EC20B)
   
ECON2002 Intermediate Macroeconomics I(EC21A) ECON2003 Intermediate Macroeconomics II (EC21B)
   
ECON2019 Matrix Algebra (EC24N) ECON2017 Calculus II (EC24J)
   
2 FREE ELECTIVES (LEVEL II) 2 FREE ELECTIVES (LEVEL II)

 

LEVEL THREE
ECON3031 Probability & Distribution Theory (EC33P) FIVE FREE ELECTIVES (LEVEL III)
   
ECON3049 Econometrics (EC36C)  
   
2 ECONOMICS ELECTIVES LEVEL III  
   
1 FREE ELECTIVE (LEVEL III)  

 

N.B. Students pursuing double majors or major and two minors or major and a minor, may not have the option of FREE ELECTIVES.
B.Sc. Economics (Minor)

Students pursuing an Economics Minor must satisfy the pre-requisites for the compulsory courses listed below:

ECON2000 - Intermediate Microeconomics I (EC20A)
ECON2001 - Intermediate Microeconomics IIEC20B)
ECON2002 - Intermediate Macroeconomics I (EC21A)
ECON2003 - Intermediate Macroeconomics II (EC21B)

ONE (1) ECONOMICS ELECTIVE FROM LEVEL III
B.Sc. Business, Economic and Social Statistics(BESS)


Students with A'Level Mathematics must substitute GT11A for EC14C. Students with A'Level Mathematics (statistics Option) must substitute EC23L for EC16A. Students with A' Level Accounting must substitute GT11A for MS15D or a Free elective if GT11A was already substituted for EC14C.  

LEVEL ONE
SEMESTER ONE
SEMESTER TWO
ECON1001 Introduction to Microeconomics (EC10C) EC1002 Introduction to Macroeconomics (EC10E)
 

  
ECON1003 Mathematics for the Social Sciences (EC14C)
(Students without A' Level Mathematics) 		ECON1006 Calculus I for Business & Social Sciences (EC18A)
 
ECON1005 Introdctory Statistics (EC16A) Students without A'Level Mathematics - statistics option
ACCT1005 Financial Accounting (MS15D)
(For students without A' Level Accounting) 		 

 

FOUN1001 English for Academic Purposes (FD10A) OR FD14A Writing in the Disciplines

FOUN1001 Caribbean Civilization (FD11A)
   
FOUN1201 Medicine,Science and Technology in Society (FD12A) SOCI1002 Sociology for the Caribbean (SY14G)
   

 

LEVEL TWO

One of :

ECON2006 Economic Statistics (EC23J) (Sem2)

EC2008 Statistical Methods I (EC23L)

ECON2014 Sampling Methods (EC23T)

ECON2019 Matrix Algebra for Business & Social Sciences (EC24N)

 

ECON2009 Statistical Methods II (EC23M)

ECON2017 Calculus II for Business & Social Sciences (EC24J)

ECON2010 Statistical Computing (EC23P)
FOUR from the following:

BESS Elective Level II

Social Sciences Elective Level II

Economics Elective Level II



 


SUMMER INTERNSHIP - Internships are arranged for students with the Statistical Institute of Jamaica (STATIN) at the end of Level II

LEVEL THREE
SEMESTER ONE
SEMESTER TWO
ECON3031 Probability and Distribution Theory (EC33P)

ECON3049 Econometrics I (EC36C)

ONE BESS Elective Level III

ONE Social Sciences Elective Level III

ONE Free Elective Level III

ECON3032 Statistical Estimation and Inference (EC33Q)

ECON3040 Non-parametric Statistics (EC34R)

ONE BESS Elective Level III

ONE Social Sciences Elective Level III

ONE Free Elective Level III


B.Sc. Statistics (Major)


The following courses are compulsory for the B.Sc. Statistics (Major)

LEVEL ONE
SEMESTER ONE
SEMESTER TWO
ECON1001 Introduction to Microeconomics (EC10C) ECON1005 Introductory Statistics (EC16A)
FOUN1001 English for Academic Purposes (FD10A) or FD14A - Writing in the Disciplines FOUN1101 Caribbean Civilisation (FD11A)
   
ECON1003 Maths for Mgmt Sciences (EC14C) Students with A'Level Math should register for SY13B ECON1002 Introduction to Mcroeconomics (EC10E)
 
ECON1006 Calculus I (EC18A)
 SOCI1002 Sociology for the Caribbean (SY14G)
   
FOUN1201 Science and Technology (FD12A) GOVT1000 Introduction to Politcal Analysis (GT11A)
 

 

LEVELS TWO AND THREE
The following courses are compulsory for the Statistics Major

ECON2008 - Statistical Methods I (EC23L)		 ECON2009 - Statistical Methods II (EC23M)
   
ECON2010 - Statistical Computing (EC23P) ECCON2014 - Sampling Methods (EC23T)
   
ECON2019 - Matrix Algebra (EC24N) ECON3032 - Statistical Estimation and Inference (EC33Q)
   
ECON3031 - Probability & Distribution Theory (EC33P)  
   
Three (3) statistics electives at Level III  

 
B.Sc. Banking & Finance (Special)

This degree is offered jointly by the Departments of Economics and Management Studies. As a special degree, this option cannot be combined with any Major or Minor.

LEVEL ONE
SEMESTER ONE
SEMESTER TWO
ECON1001 Introduction to Microeconomics (EC10C) ECON1002 Introduction to Macroeconomics (EC10E)
   
ECON1003 Mathematics for the Social Sciences (EC14C) ECON1007 Elements of Banking & Finance (EC10H)
OR  
ECON1006 Calculus I for Business & Social Sciences (EC18A)(Students with A'Level Math or Cape Math) ECON1005 Introductory Statistics (EC16A)
FOUN1001 English for Academic Purposes (FD10A) OR FD14A Writing in the Disciplines  
  FOUN1101 Caribbean Civilisation (FD11A)
ACCT1005 Financial Accounting (MS15D)  
  ACCT1003 Introduction to Cost andManagement Accounting (MS15B)
   
FOUN1201 Science, Medicine and Technology in Society (FD12A)  



LEVEL TWO
SEMESTER ONE
SEMESTER TWO
ECON2000 Intermediate Macroeconomics I (EC20A) MGMT2005 Computer Applications (MS21C)
   
ECON2002 Intermediate Macroeconomics I (EC21A) MGMT3068 Risk and Treasury Management (MS28F)
   
MGMT2021 Business Law I (MS27B) MGMT2023 Financial Management I (MS28D)
   
MGMT2012 Introduction to Quantitative Methods (MS23C) TWO LEVEL II FREE ELECTIVES
   
ONE LEVEL II FREE ELECTIVE  



LEVEL THREE
SEMESTER ONE
SEMESTER TWO
ECON3005 Monetary Economics (EC30M) ECON3007 International Finance (EC30P)
   
ECON3011 Economics of Financial Institutions (EC32K) ECON3010 Finance and Development (EC31F)
   
MGMT3066 Business Ethics for Bankers (MS33G) ECON3022 Economics of Commercial Banking (EC32L)
   
MGMT3067 Regulatory Framework of Banking & Finance (MS37C) ECON3066 Credit Analysis and Lending (EC32W)
   
And ONE Level III Free Elective MGMT3048 Financial Management II (MS38H)
   
 
B.Sc. Statistics (Minor)

A B.Sc. degree with a Minor in Statistics must contain five (5) courses or fifteen (15) credits as follows:

ECON2008 Statistical Methods I (EC23L)
ECON2009 Statistical Methods II (EC23M)
ECON2014 Sampling Methods (EC23T)
Two (2) Statistics Elective courses at least one (1) from Level III.


NOTE: For the purpose of selection, the following are considered as BESS/Statistics elective courses:

ECON3037 Operations Research I (EC34L)
ECON3038 Operations Research II (EC34M)
ECON3067Applied Econometrics (EC34Q)
ECON3040 Non-Parametric Statistics(EC34R)
ECON3049 Econometrics I (EC36C)
SOCI3018 Demography I (SY35B)
SOCI3021 Demography II (SY35C) 		 

Compulsory BESS/Statistics courses that are not compulsory for the Statistics Major/Minor may also be taken as electives for the Statistics Major/Minor

Prerequisites
SEMESTER 1
ECON1001 Introduction to Micro-Economics (Day) CXC (General) Grade II or O'Level Grade 'C' Maths or
EC08A or M08A
   
ECON1002 Introduction to Macro-Economics (Evening) Same as for EC10C
   

ECON1003 Mathematics for the Social Sciences (Day & Evening)

Same as for EC10C
   
ECON1005 Introduction Statistics (Day & Evening) CXC (General) Grade II or O'Level Grade 'C' Maths or
EC08A or M08A . (EC14C co-requisite)
   
ECON1006 Calculus I for Business & Social Sciences (Day & Evening) EC14C or A'Level Math or M08C or equivalent Maths course
   
ECCON2000 Intermediate Micro-Economics I EC10C and (EC14C or EC18A or M10B or M10C)
   
ECON2002 Intermediate Macro-Economics I EC20A 
   
EC23K Business Statistics EC16A and (EC14C or A'Level Math or M10A)
   
EC23L Statistical Methods I EC16A and (EC18A or M10B or M10C)
   
EC24N Matrix Algebra for Business & Social Sciences EC14C or EC18A or A' Level Math or M10A
   
EC25F The Caribbean Economy EC10C or EC10E
   
EC26P International Economic Relations I EC10C or EC10E
   
EC30M Monetary Economics EC20A and EC21A
   
EC30N International Trade Theory and Policy EC21A
   
   
   
EC31N Public Finance I EC20A, EC20B
   
EC32K Economics of Financial Institutions EC20A, EC20B

   
EC33P Probability & Distribution Theory EC23L and (EC18A or M10B or M10C)
   
EC34L Operations Research I EC24N and M20B
   
EC36C Econometrics (EC23L or EC33P) or (M25A and M25B) and (EC24N or M20B) and any two of EC20A, EC20B, EC21A, EC21B
   

EC36M Economic Development:Perspectives and Theories

(a) Students with A'Levels or equivalent qualifications are urged to do M10A, M10B and not EC18A if they plan to
do graduate work in economics.

 EC21A
 
 
SEMESTER 2
EC10C Introduction to Micro-Economics (Evening) CXC (General) Grade II or O' Level Grade 'C' Math or EC08A or equivalent maths course
   
EC10E Introduction to Macro-Economics (Day) Same as for EC10C
   
EC10H Elements of Banking & Finance Same as for EC10C
   
EC14C Mathematics for the Management Sciences (Day Evening) Same as for EC10C
   
EC16A Introduction Statistics CXC (General) Grade II or O'Level Grade 'C' Maths or
EC08A or M08A . (EC14C co-requisite)
   
EC18A Calculus I for Business & Social Sciences EC14C or A' Level Mathematics or M08C
   
EC20B Intermediate Micro-Economics II EC20A
   
EC21B Intermediate Macro-Economics II EC21A
   
EC23M Statistical Methods II EC23L
   
EC23P Statistical Computing EC23L
   
EC23T Sampling Methods for Business & Social Sciences EC23L Co-requisite
   
EC24J Calculus II for Business & Social Sciences EC18A or M10B or M10C
   
EC25J Caribbean Economic Problems EC10C or EC10E
   
EC26Q International Economic Relations II EC10C or EC10E
   
EC30P International Finance EC21A
   
   
EC31F Finance and Development EC21A
   
EC31P Public Finance II EC31N or (EC20A, EC20B, and EC21A)
   
   
EC32L Economics of Commercial Banking EC21A


EC32W Credit Analysis and Lending


EC21A,MS28F
EC33Q Statistical Estimation and Inference for Business & Social Science EC33P
   
EC34M Operations Research II EC24J and EC23L and EC34L
   
EC34R Non-parametric Statistics (EC24J or M21A), (EC23M or M25A and M25B)
   
EC34Q Applied Econometrics EC24N, EC36C, (EC23M or M25A&M25B)
   
EC36N Economic Development Policies EC21A
Anti-Requisites

   

Students registering for courses in the Department of Economics are asked to note that the following courses CANNOT BE TAKEN TOGETHER FOR CREDIT:

ECON 1003 ( EC14C) with M08C, M10B, M10A
ECON 1005 ( EC16A) with SY16C, M25A, M25B
ECON 1006 (EC18A) with M10B
ECON 1011 (EC10P) with EC10C, EC10E
ECON 1012 ( EC10Q) with EC10C, EC10E
ECON 2000 ( EC20A) with MS26A
ECON 2007 ( EC23K) with EC23L, M25B, M31E
ECON 2009 ( EC23M) with M25B, M31D, SY22G
ECON 2010 ( EC23P) with SY22K
ECON 2014 ( EC23T) with SY22D, M34V
ECON 2017 ( EC24J) with M21A, M21B
ECON 2019 ( EC24N) with M20B
ECON 2020 ( EC25F) with EC25J
ECON 3031 ( EC33P) with M25A
ECON 3032 ( EC33Q) with M25B, M21B
ECON 3037 ( EC34L) with M34L
ECON 3038 ( EC34M) with M32C

Students pursuing Economics & Banking & Finance majors must NOT register for the following courses:

MS26A (MGMT 2020) & MS33F (MGMT 3034)