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Bachelor of Economics and Statistics

Bachelor of Economics and Statistics

Duration: 4 Years

Start Date: 

Cost: KES 105,000 per year

Mode of Delivery: Online

Application Due: Open

Fee Structure and Payment

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Overview

This program is aimed to develop dynamic professionals with knowledge, skills and attitude competences geared towards solving present and emerging socialeconomic realities in principles and empirical aspect through research, modelling and economic analysis to inform policy and practice.

 

 

Program's Academic Focus and Career Prospects

 

This program is intricately designed to cultivate versatile professionals, equipped with a profound understanding, practical skills, and the right attitude to confront the contemporary and evolving socio-economic challenges. Through a blend of rigorous research, advanced modeling, and economic analysis, graduates are poised to provide evidence-based insights that drive policy formulation and practical interventions in both principle and empirical contexts. 

 

Economics and Statistics Career Projections:

 

 

The program lays a robust foundation for diverse and promising career pathways in the domains of economics and statistics, including but not limited to: 

 

  • Economist
  • Financial Analyst
  • Market Research Analyst
  • Urban Planner
  • Government Economist/Statistician
  • Economic Journalist

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Programme Structure

This program fosters learning in the following key domains:

  • Mastery of fundamental concepts and principles in economics and statistics.
  • Cultivation of critical, analytical, and problem-solving acumen within the realms of economics and statistics.\
  • Proficiency in the application of statistical methodologies for conducting research in economics, thereby informing policy development and implementation strategies.
  • Exploration of economic systems, with a keen focus on their applicability in deciphering the evolving socio-economic phenomena encountered in real- world scenarios. 

 

Programme Learning Outcomes

By the end of this programme, the student will be able to learn about:

  1. Basic concepts and principles in economics and statistics.
  2. Critical, analytical and problem-solving skills in economics and statistics.
  3. Application of statistical tools to conduct research in economics and inform policy and implementation strategies
  4. Economic systems that apply to the changing real life socialeconomic phenomena

Total credit hours and course units required for graduation

Total credit hours and course units required for graduation The programme shall be offered in 8 semesters. The minimum total courses for the programme are 48. The minimum total course credit hours required for graduation is 144 hours.

 

Admission Requirements

A candidate must satisfy the general University admission criteria for undergraduate programmes.

  • A mean grade of C+ and above at KCSE  OR
  • Diplomas or professional qualifications  OR
  • A certificate of foundation or bridging courses from recognised institutions  OR
  • A portfolio for the purpose of recognition of prior learning  OR
  • Kenya Advanced Certificate of Education with a minimum of 1 principal  OR
  • A bachelor’s degree from an institution recognised by Senate.

Regulations on Credit Accumulation and Transfer

Credit Accumulation

Regulations on credit accumulation, including possible pathways, shall be in line with the provisions of Universities Regulations, Universities Standards and Guidelines, and general national trends.

Credit Transfer

A candidate may be allowed to transfer credits from part or all of the coursework requirements if the senate is satisfied that the candidate has completed and passed the prescribed courses(s) at the undergraduate level from accredited institutions and programs recognized by the senate. Any course considered for credit transfer must have been completed at an equivalent level and in an equivalent institution, with a minimum grade of 50%.

Guidelines For Transfer Of Credit/ Exemptions

A candidate may be exempted from degree level courses if the Senate is satisfied that the candidate has completed a similar course at the Diploma level from a recognized institution. The general rules governing credit transfers and exemptions will apply. In addition, the following rules apply:

  1. Must meet the requirements for admission to the Bachelor of Data Science program.
  2. Must obtain and submit an official transcript from the previous university/college indicating academic status, courses offered, credits units completed, and grades obtained.
  3. Will be allowed to transfer/exempt credits earned from the courses described, but only up to 49%.
  4. If permitted to transfer/exempt, he/she will not be permitted to transfer units in courses in which he/she received a pass mark of less than 50%.
  5. All applications must be accompanied by recommendations from the institution from which he or she is transferring.
  6. The school will evaluate the application and make recommendations to the Sen- ate.

Student Assessment Levels

Student Assessment at programme level

The course will be assessed through:

  1. Content embedded quizzes
  2. Online practical work
  3. Open book tests
  4. Project reports
  5. End of course online examination

The projects will be assessed through e- portfolios. Students will present their work to an evaluation panel. All students’ work will be checked for plagiarism. The students should be logged in with the university provided login details in order to carry out any task.

Countinous Assessment

Tests/Tasks: 50%

Examination 50%

Programme Courses

FIRST SEMESTER SECOND SEMESTER
Introduction to Microeconomics Introduction to Macroeconomics
Foundations of Mathematics Introduction to Mathematical Economics
Introduction Statistics  Calculus
Entrepreneurial Environment History of Economic Thought I
Introduction to Computing Society and National Development
Contemporary Issues in Psychology Introduction to Philosophy
FIRST SEMESTER SECOND SEMESTER
Intermediate Microeconomics  History of Economics Thought I
Mathematical Economics Intermediate Macroeconomics
Statistics for Economists Advanced Mathematical economics
Probability and Statistics Advanced Statistics for Economics
Psychology of the Family Linear Modeling
Linear Algebra Philosophy, Culture & Social Integration

FIRST SEMESTER SECOND SEMESTER
Bayesian and Decision Theory International Economics
Applied Econometrics I Research Methodology
Development Planning Advanced Econometrics
Behavioural and Institutional Economics Public Sector Economics
Research Project  Field Attachment
Psychology of Personal and Social Adjustment  Health Economics 
Industrial Economics 
Production Economics   
Energy Economics
 
FIRST SEMESTER SECOND SEMESTER
Information Systems Control and Audit Security Analytics and Visualization
Secure Software Development Advanced Information Security Management
Embedded Systems and Mobile OS Programming Emerging Cybersecurity Technologies and Digital Forensics Bootcamps
Cybersecurity Policy Final Year Project
Cybersecurity Law and Ethics Elective 2
Elective 1

About

The Open University of Kenya (OUK) is a virtual learning institution deeply committed to advancing education and driving socio-economic growth within Kenya and beyond. Access to higher education has remained a major challenge in Kenya and this has disadvantaged citizens who seek to improve their knowledge, upscale skills and for posterity. Experts have noted that increasing the number of educational institutions so as to match the rate of population growth is an extremely difficult if not impossible solution especially when financial and other resource constraints are considered. Open and Distance Learning approaches, coupled with innovative ICT solutions, have proofed viable alternatives to providing excellent education to millions of people located wherever and whenever by different life circumstances.