Workforce Development for LED

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Department of Economics and Econometrics

Department of Economics and Econometrics

 

DEPARTMENT OF ECONOMICS AND ECONOMETRICS

 

 

 

MASTER OF COMMERCE IN LOCAL ECONOMIC DEVELOPMENT (Professional)

 PURPOSE

The purpose of the Masters of Commerce in Local Economic Development is to develop an advanced level of knowledge, skills and applied competence in the field of Local Economic Development for students who plan to qualify as Certified LED professionals so that they will meet the requirements as determined by the LED profession. This professional Master’s degree will prepare students to reflect on the practice of LED professionals. Through the research component students will contribute towards the development of knowledge at an advanced level and prepare them for specialised professional employment. The programme consists of core modules offering an in-depth coverage of a broad range of issues pertaining to local economic development policies, strategies and management in local economies, and allowing students to test the practical application of the knowledge imparted, participate in analysing case studies, conducting field visits, and prepare individual technical reports on the various themes covered. Mastering of the curriculum will provide students with the ability to be able to reflect critically on theory of local economic development and its application. They will be able to deal with complex issues both systematically and creatively, design and critically appraise research, make sound judgments using data and information using the systems approach learned and communicate their conclusions clearly to specialist and non-specialist audiences.

 

QUALIFICATION RULES

 All the Exit Level Outcomes must be achieved for the learner to be awarded with the Qualification.

 

EXIT LEVEL OUTCOMES:

 The qualifying student should be able to:

1.  analyse theories of globalisation and evaluate the principle effects of globalisation on South Africa and critically evaluate current policies for addressing the impact of the globalisation, with specific reference to the efficacy of the policies for local and regional development;

2.    analyse South Africa’s current trade and industrial policy from the perspective of its relevance to Local and Regional development, and identify incentives and other opportunities for can be exploited to draw investment into a town/city/region;

3.    conduct a contextual analysis of global and national challenges and opportunities relevant to sustainable development, poverty alleviation, redressing inequalities and formulate policy guidelines on the role of leadership in promoting sustainable local, regional economic development within the context of the green economy;

4.    apply the theories of systems thinking to develop/adapt a model for analysing a local economy to determine opportunities/ potential for LED;

5.   apply theoretical frameworks to analyse the economic profile, environmental factors, socio-economic needs and potential growth sectors in the economy, and develop a strategic plan that is aligned to national, provincial, regional and local economic objectives;

6.    analyse different types of research to identify the approaches to and methods of academic research most appropriate for researching economic issues, and to determine the key factors of a research proposal and research plan for researching a local and regional development project; and

7.    construct a research proposal and conduct practitioner research in local economic development and write a  Technical Project Research: LED that will contribute to the professional practice of LED professionals.

 

CRITICAL CROSS FIELDS OUTCOMES

Critical Cross-field Outcomes

Exit level outcomes

  1. Identify and solve problems

Exit level outcomes 1, 2, 3, 4, 5, 6 and  7

  1. Work in a team

Exit level outcomes 1, 2, 3, 4, 5, 6 and  7

  1. Organise and manage themselves

Exit level outcomes 6 and 7

  1. Collect, analyse and evaluate information

Exit level outcomes 1, 2, 3, 4, 5, 6 and 7

  1. Communicate effectively

Exit level outcomes 1, 2, 3, 4, 5, 6 and 7

  1. Use science and technology

Exit level outcome 7

  1. Recognise problem solving contexts

Exit level outcomes 1, 2, 3, 4, 5, 6 and 7

  1. Reflect and explore effective learning strategies

Exit level outcomes 6 and 7

  1. Participate as a responsible citizen

Exit level outcomes  3 and 4

  1. Be culturally and aesthetically sensitive

Exit level outcomes 3 and 4

  1. Develop entrepreneurial opportunities

Exit level outcomes 2, 4 and 5

 

RULES OF ACCESS AND ADMISSION REQUIREMENTS

The minimum admission requirement is a relevant Bachelor Honours Degree or a Postgraduate Diploma. Alternatively any other four-year qualification with honours status on NQF level 8 and related Micro- and Macroeconomics and or related experience which is considered relevant and sufficient by the Department of Economics and Econometrics. Preparatory study and an entrance examination may be required by the Department of Economics and Econometrics.

 

SPECIFIC RULES FOR DEPARTMENT OF ECONOMICS AND ECONOMETRICS

The programme is not offered as a  part-time, limited contact or distance learning

programme.

 

CURRICULUM

 

Module name

NQF level of the module

Credits per module

Compulsory / optional

Year

(1 & 2)

Total credits per year 1

Total credits per year 2

YEAR 1

 

 

 

 

 

 

Semester 1

 

 

 

 

 

 

Topics in globalisation and local and regional development

9

20

Compulsory

1

20

 

LED: Systems thinking in local and regional economic development

9

20

Compulsory

1

20

 

Research methodology of Economics

9

10

Compulsory

1

10

 

Semester 2

 

 

 

 

 

 

LED: Leadership and sustainable local and regional economic development

9

20

Compulsory

1

20

 

Macroeconomic Issues in Development

9

20

Compulsory

1

20

 

YEAR 2

 

 

 

 

 

 

Semester 1

 

 

 

 

 

 

Topics in Poverty and Inequality

9

10

Compulsory

2

 

10

LED: Strategic planning for local and regional economic development

9

20

Compulsory

2

 

20

Technical Research Project: Local Economic Development

9

15

Compulsory

2

 

15

Semester 2

 

 

 

 

 

 

Technical Research Project: Local Economic Development

9

45

Compulsory

2

 

45

Total

9

180

 

 

90

90

                 

 

 

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