Overview
CEC 31 – BACHELOR OF ECONOMICS
1.2 Philosophy
The philosophy of economics concerns itself with conceptual, methodological, and ethical issues that arise within the scientific discipline of economics. The primary focus is on issues of methodology and epistemology—the methods, concepts, and theories through which economists attempt to arrive at knowledge about economic processes. Philosophy of economics is also concerned with the ways in which ethical values are involved in economic reasoning—the values of human welfare, social justice, and the tradeoffs among priorities that economic choices require. Economic reasoning has implications for justice and human welfare; more importantly, economic reasoning often makes inexplicit but significant ethical assumptions that philosophers of economics have found it worthwhile to scrutinize. Finally, the philosophy of economics is concerned with the concrete social assumptions that are made by economists.
1.3 Rationale
Economics governs the life of the individual, Society and the modern States. The subject plays a significant role in the international affairs. It helps develop students who possess an economic way of thinking that can produce better economic problem solvers and citizens. It studies the, vital question of satisfying human wants with scarce resources. The present-day poverty and the poor standard of living of the people of many backward countries are due to poor resources, little production and lack of technology. The knowledge of economics is essential to eradicate poverty of a nation and to raise their living standards.
A growing economy and demand for education in Kenya needs the services of highly skilled economists. The Government, whose economic policies shape the growth and stability of the economy, needs the input of economists. The private sector, which is an important instrument for socioeconomic transformation, also needs well trained economists. It is in this context that this program was designed to fill the gap.
1.4 Objectives
The objective of the Bachelor of Economics program of study is to impart knowledge and prepare undergraduates for careers in the field of Economics through a judicious mix of units that are core to the discipline and those drawn from complementary disciplines.
1.6 Schedule of Intakes
Department of Economics and Development Studies, University of Nairobi has ONE intake in a year.
- September Intake (Every Year)
1.8 Application Information
Step 1: Visit the application website http://application.uonbi.ac.ke
Step 2: Registration and creation of User Account - To register, you need an email address and phone number that will be validated during registration. Every applicant must create their own personal user account.
Step 3: Profile Management - Key-in your personal details and upload scanned copies of academic certificates and a passport size photograph. Only when your profile is complete can you apply for the programme you wish to undertake.
Step 4: Programme Selection - Select and apply for the course you are interested in. You will be issued with a REFERENCE NUMBER and directed to pay the prescribed application fee through the following Available Payment options:
- Credit/Debit Card
- M-Pesa Pay Bill
- Direct Cash Deposit at any Kenya Commercial Bank (KCB) branch
Upon payment, you will receive a confirmation of the payment on the email address and phone number registered in step 2.
Step 5: Application Tracking - Track the status of your application online through the system. Alerts will be sent to your registered email address and phone number.
For any assistance and clarification please contact any of the following:
Academic Registrar
Admissions office
Tel:+254 20 020 491 3065, 020 491 3199, 020 491 3027, 020 491 3067
(For undergraduate courses)
Email: admissions@uonbi.ac.ke, reg-academic@uonbi.ac.ke
Academic Revenue Office
Tel:+254 20 491 3138
(For all courses) 020 491 0000
Email:cessp-g3@uonbi.ac.ke
More information may also be obtained from the Admissions Office, Main Campus, Administration Block, 1st floor, room 116, Room A112 or email: admissions@uonbi.ac.ke
1.9 Mode of Delivery
The programme shall adopt blended learning through the use of face-to-face and online modes. The face-to-face learning will take place within the classroom setting at the Main Campus. Currently, learning is through online delivery. The online classes are conducted over video conferencing platforms such as Mtihani, Zoom and Google Meet, among others
Structure
The classes are conducted during the day, Monday to Friday. Time 8.00am – 5.00pm.
- This is a Four (4) year undergraduate program. Each is broken into Two (2) semesters of 15 weeks each.
- Students are expected to cover Fifty-One (51) units of study, each with 45 contact hours.
- During the first year of study, students will be required to take Fourteen (14) course units. Semester 1, Seven (7) course units and Semester 2, Seven (7) course units.
- During the second year of study, students will be required to take Fifteen (15) course units. Semester 1, Seven (8) course units and Semester 2, Seven (7) course units.
- During the third year of study, students will be required to take a total of Twelve (12) course units. Fours (4) of which be selected from third year elective courses. Semester 1, Six (6) course units and Semester 2, Six (6) course Units.
- During the Fourth year and final year of study, students will be expected to take Ten (10) course units, inclusive of the Research Paper. Four of which will be selected from the fourth-year elective courses. Semester 1, Five (5) course units and Semester 2, Five (5) course units.
Exams Regulations
- Examination Regulations
- The common examination regulations for bachelors’ degrees in all colleges of the University of Nairobi will apply.
- A candidate shall NOT be permitted to sit for an examination unless he/she has attended prescribed courses of study in accordance with university regulations.
- Assessment of each candidate’s performance in each course unit shall be through Continuous Assessment Tests (CATs) and a written TWO – HOUR end - of - semester examination. The end of semester examination shall account for 70% of the total marks while continuous assessment shall account for 30% of the total marks. The continuous assessment tests shall take one or more of the following forms: class assignments, written tests, or take – away tests.
- Each course unit shall be graded out of 100 marks. The marks obtained by a candidate shall be translated into letter grades based on the following key:
70% - 100% = A
60% - 69% = B
50% - 59% = C
40% - 49% = D
Below 40% = E
- The pass mark for each course unit shall be 40%.
- Provisional examination results shall be made available to learners following the School Board of Examiners meeting at which those results are approved. Such provisional results shall be issued to each candidate indicating letter grades obtained in each course unit examined.
- Final examination results shall be issued by the Academic Registrar as soon as the results are approved by Senate.
- A candidate shall be permitted to proceed to the third year of study only after passing all units of the first and second years of study.
- A candidate who fails ONE paper may, on recommendations of the School’s Board of Examiners and approval by Senate be allowed to take a supplementary in the failed paper during the next examination season.
- A candidate who fails more than half of the total number of units studied in a particular year of study shall be DISCONTINUED.
Admission Requirements
Applicants for the Bachelor of Economics degree must, in the first instance, satisfy the general University of Nairobi’s admission requirements.
In addition, they should have obtained a minimum of grade c+ in Mathematics offered in the Kenya Certificate of Secondary Education (KCSE) examinations, or their equivalents.
When the equivalents are difficult to establish, a candidate may be required to pass an entrance examination before being admitted into the programme. The pass mark for the entry examination shall be 50%.
Careers
Career Prospects Prospective Employers
- Professional Economists Private Sector
- Planning Officers Public Sector
- Economic Attachee Parastatals
- Statisticians/Econometrician NGOs
- Multilateral/bilateral Trade Negotiators International Institutions
Research Institutions
During their study period, Development Studies students are actively engaged as research assistants in research projects. This gives them a chance to build their development research skills. Also, as the projects are implemented collaboratively with industry partners, students get opportunities to build contacts with potential future employers.
Our graduates go on to work in the private sector, civil society organisations and public sectors in Kenya and beyond. They are working to address emerging issues that have implications for development in various capacities including:
- Monitoring & Evaluation Experts
- Development Analysts
- Project Managers
- Business Development Experts
- Community Development Experts
- Development Researchers/Consultants
- Academic Professions
- Programme Officers in Development Projects.
Further information be obtained from;
Chairman
Department of Economics and Development Studies
University of Nairobi
Tel. 0204913206/3238
Email: economics@uonbi.ac.ke
Website: economics.uonbi.ac.ke
1.13 Notable Alumni
- Prof. Njuguna Ndung’u Cabinet Secretary
National Treasury and Economic Planning
- Prof. Jane Mariara Executive Director
Partnership for Economics Policy (PEP)
- Prof. Francis W. O. Aduol Vice-Chancellor
Technical University of Kenya
- Prof. Peter Kimuyu Commissioner
Commission of Revenue Allocation (CRA)
- Dr. Musa Dukuly Deputy Governor for Economic Policy
Central Bank of Liberia
- Dr. Rose Ngugi Executive Director
KIPPRA
- Dr. Diana Kimani Director of MA Development Studies
William Carey International University
- Dr. Scholastica Odhiambo Manager Thematic Head
African Economic Research Consortium (AERC)
- Ann Waiguru Governor
Kirinyaga County
- Dr. Richard Belio Kipsang Permanent Secretary
Ministry of Education
- Dr. Isabel Waiyaki Commissioner
Commission of Revenue Allocation (CRA)
Fees and Funding
Bachelor of Economics and Bachelor of Economics and Statistics- X74 & X75 | ||
TUITION | 13,500.00 | |
MEDICAL FEE (PER YEAR) | 6,500.00 | |
ICT SERVICES - (PER YEAR) | 7,000.00 | |
CAUTION - (ONCE) | 5,000.00 | |
ACTIVITY-( PER YEAR) | 2,000.00 | |
STUDENT ORGANISATION(PER YEAR) | 1,000.00 | |
REGISTRATION (PER SEMESTER@2250) | 2,250.00 | |
EXAMINATION (PER UNIT @1000) | 1,000.00 | |
ID CARD ( PER YEAR) | 1,000.00 | |
LIBRARY (PER YEAR) | 4,000.00 | |
Semester totals | ||
Sem1 | 2 units | 57,750.00 |
3 units | 72,250.00 | |
4 units | 86,750.00 | |
5 units | 101,250.00 | |
6 units | 115,750.00 | |
7 units | 130,250.00 | |
8 units | 144,750.00 | |
Semester totals | ||
sem 2,4,6,8,10,12 | 1 unit | 16,750.00 |
2 units | 31,250.00 | |
3 units | 45,750.00 | |
4 units | 60,250.00 | |
5 units | 74,750.00 | |
6 units | 89,250.00 | |
7 units | 103,750.00 | |
8 units | 118,250.00 | |
Semester totals | ||
sem 3,5,7,9,11 | 1 unit | 38,250.00 |
2 units | 52,750.00 | |
3 units | 67,250.00 | |
4 units | 81,750.00 | |
5 units | 96,250.00 | |
6 units | 110,750.00 | |
7 units | 125,250.00 | |
8 units | 139,750.00 | |
Sem 1 | 8 units | 144,750.00 |
Sem 2 | 8 units | 118,250.00 |
Sem 3 | 8 units | 139,750.00 |
Sem 4 | 8 units | 118,250.00 |
Sem 5 | 6 units | 110,750.00 |
Sem 6 | 6 units | 89,250.00 |
Sem 7 | 6 units | 110,750.00 |
Sem 8 | 5 UNITS + PROJECT | 89250 |
Grand Total - X75 | 56 units | 921,000.00 |
Sem 1 | 8 units | 144,750.00 |
Sem 2 | 8 units | 118,250.00 |
Sem 3 | 8 units | 139,750.00 |
Sem 4 | 8 units | 118,250.00 |
Sem 5 | 6 units | 110,750.00 |
Sem 6 | 6 units | 89,250.00 |
Sem 7 | 5 units | 96,250.00 |
Sem 8 | 4UNITS+ PROJECT | 74,750.00 |
Grand Total - X74 | 54 units | 892,000.00 |