South Africa faces enormous development challenges. Unemployment, inequality and poverty are unacceptably high. Economic growth has remained stubbornly low. As one of the leading Schools of Economics in South Africa, we have a responsibility to play a leading role in dealing with these challenges through our academic research and teaching. This is a challenge we take seriously.
Economics forms the foundation of any commerce-related degree at university, not only at UCT but also at universities worldwide. However, it is more than just a tool to think about business. Economics is a social science. The discipline is grounded solidly in the analysis of the social and economic relationships that underpin societies. Economics is therefore of great relevance to the development and social challenges facing South Africa.
UCT economics degrees are very well regarded locally and internationally. Our postgraduate students are widely accepted into top international universities for PhD studies. We attract a wide range of students to our programmes from across Africa. Despite the financial crisis and the economic slowdown, a sizeable number of UCT graduates in Economics have found excellent employment opportunities in commercial banks, the South African Reserve Bank and asset management companies and consulting firms, McKinsey’s and Genesis Analytics. Many graduates are also employed in provincial and national government departments, while others have become researchers in universities, non-government organisations and multilateral organisations such as the World Bank.
The School of Economics offers the following Undergraduate Programmes:
Bachelor of Business Science specialising in Economics
Bachelor of Business Science specialising in Economics with Law