M.Phil Economics

More About this Program

The M.Phil. Economics programme is for candidates with an M.Sc. degree in Economics but do not qualify for a direct admission into the PhD programme in Economics because they have a CGPA of 3.00-3.49 on a 5.00 point grading scale or 50%-54.99%. The second category of candidates for the M.Phil. Economics programme are those with a B.Sc. Economics, however, their M.Sc. degree is in a related course such as Agricultural Economics, Finance, Business Administration and Accounting with a CGPA of not less than 3.50-3.99 on a 5.00 point grading scale or 55%-59.99%. Candidates in the second category will be required to first take remedial courses comprising all courses at the M.Sc. Economics level that are not reflected in their transcript. The list of remedial courses is presented below. The M.Phil. Economics programme provides rigorous training on core areas of economics that will equip students for the world of work in government, international organizations, economic institutions and academics.

ECON 821      Microeconomic Theory and Practice I           3 Credits
ECON 822      Microeconomic Theory and Practice II         3 Credits
ECON 835      Macroeconomic Theory and Practice I          3 Credits
ECON 836      Macroeconomic Theory and Practice II         3 Credits
ECON 837      Research Methodology                                  3 Credits
ECON 846      Econometric Theory                                       3 Credits
ECON 812      Health Economics                                          3 Credits
ECON 814      International Trade                                         3 Credits
ECON 815      Monetary Economics                                     3 Credits
ECON 817      Public Sector Economics                              3 Credits

COURSES FOR M. Phil. DEGREE IN ECONOMICS

		First Year		Second Year
Course Code	Course Title	1st Sem	2nd Sem	3rd Sem	4th Sem
	GENERAL REQUIREMENT COURSES
GEDS 901	Personal and Family Wholeness	2
GEDS 902	Advanced Statistics		2
GEDS 911	Research Proposal Writing	2
GEDS 912	Advanced Research Design		2
	CORE COURSES
ECON 905	Advanced Microeconomic Theory and Practice I	3
ECON 906	Advanced Microeconomic Theory and Practice II		3
ECON 927	Advanced Macroeconomic Theory and Practice I	3
ECON 928	Advanced Macroeconomic Theory and Practice II		3
ECON 935	Quantitative Methods	3
ECON 942	Econometric Theory and Practice		3
ECON 880	M.Phil. Seminar			3
ECON 890	M. Phil Dissertation			(8)	8
	TOTAL = 37 Credits	13	13	3	8

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Admissions Requirements

ADMISSION REQUIREMENTS

Candidates seeking admission into the programme must satisfy the general requirements stipulated by the College of Postgraduate Studies of Babcock University. Specifically, admission to M.Phil. Economics is limited to the holders of the following qualifications:

(i) WASC O’ Level with credit passes in 5 subjects at a maximum of two sittings which must include English Language, Mathematics, Economics and other two related subjects.

(ii) A Bachelor of Science Degree in Economics from Babcock University or any other University accredited by the NUC with at least Second Class lower Division.

(iii) A Masters Degree in Economics with a CGPA of 3.00-3.49 on a 5.00 point grading scale or 55%-59.99% from Babcock University or from any other University accredited by the NUC and from universities outside the country that are recognized by the NUC.

(iv) An M.Sc. Degree in a related course with a CGPA of not less than 3.50 on a 5.00 point grading scale or 55% from Babcock University or from any other University accredited by the NUC and from universities outside the country that are recognized by the NUC.

(v) Applicants may be required to satisfy the Department in a selection process.

GRADUATION REQUIREMENTS

i) The minimum number of Earned Hours for graduation is 37 credit hours from the courses required for the M. Phil. degree in Economics (including thesis).

ii) The minimum residency requirement for graduation shall be 2 years/Four semesters.

iii) The minimum CGPA for graduation is three (3.00) points on a five (5.00) point grading scale.

iv) Other Requirements:

a. M. Phil. Dissertation: Every M. Phil. candidate will be required to undertake approved research and produce a dissertation under the supervision of a qualified senior member(s) of academic staff of the Department.

b. Candidate must meet all requirements as stipulated in the regulation of the College of Postgraduate Studies, clearly spelt out at the beginning of the PG Bulletin.

GRADUATION REQUIREMENTS FOR COURSES

General Requirement Courses: 8 Credits

Core Courses: 21 Credits

M.Phil Dissertation: 8 Credits

Total : 37 Credits

PROGRAMME DURATION

The minimum duration for the M. Phil. degree programme in Economics shall be four (4) semesters and a maximum of six (6) semesters for students in the regular semester module and a minimum of five (5) semesters and a maximum of seven (7) semesters for students in the elongated semester module.