Program Overview

Programme Overview

The MPhil (Agricultural Economics) is a coursework-based programme offered by the Faculty of Economic and Management Sciences at the University of Pretoria.

Programme Details

• Code: Faculty of Economic and Management Sciences
• Department: Agricultural Economics, Extension and Rural Development
• Credits: 180
• Duration: Minimum 2 years
• NQF level: 09

Admission Requirements

1. Relevant honours degree or relevant postgraduate diploma (PGDip)
2. A cumulative weighted average of at least 65% for the honours degree or postgraduate diploma

Programme Structure

The programme must be completed within four years after the first registration. Not all modules are presented every year.

Core Modules

• LEK 882: Institutional economics
  • Credits: 15.00
  • Module content: Institutional and behavioural economics, New Institutional Economics paradigm, analysis of agricultural economic and agricultural development problems and issues.
• LEK 898: Dissertation: Agricultural economics
  • Credits: 120.00

Elective Modules

• LEK 814: Quantitative methods for agricultural and environmental policy
  • Credits: 15.00
  • Module content: Quantitative models, demand systems, production functions, treatment effects/impact assessment models, mathematical programming, and numerical methods.
• LEK 820: Partial equilibrium modelling and commodity market analysis
  • Credits: 15.00
  • Module content: Modelling of agricultural commodity markets, price determination, policy, and trade.
• LEK 826: Environmental valuation and policy
  • Credits: 15.00
  • Module content: Microeconomic theory, market and non-market techniques of valuation of natural resources and environmental services.
• LEK 883: Agricultural supply chain management
  • Credits: 15.00
  • Module content: Evolution of supply chain management in the global food industry, competitive advantage, cross-functional and multidisciplinary nature of supply chain management.
• LEK 886: The economics of natural resources
  • Credits: 15.00
  • Module content: Techniques of optimisation over time, optimal allocation and management of non-renewable and renewable resources.
• LEK 887: Selected topics in environmental economics
  • Credits: 15.00
  • Module content: Issues of special importance in environmental economics and policy, international dimensions, trade and the environment, trans-boundary externalities.

General Regulations

The General Academic Regulations (G Regulations) and General Student Rules apply to all faculties and registered students of the University of Pretoria. Students are responsible for familiarising themselves with these regulations.