PART 3 ECONOMICS

Introduction

Economics is the focus of this chapter. Here, we present a collection of works by undergraduate students from the Mathematics with Economics programme, offered under the Faculty of Science and Technology (formerly known as the Faculty of Science and Natural Resources). The works encompass both theoretical knowledge and practical applications in the field of economics. Economics, as a branch of social science, studies how individuals, firms, and governments allocate limited resources to satisfy unlimited wants.

This chapter showcases the students’ research outputs developed through the three main components of the economics courses in the programme – Microeconomics, Macroeconomics, and Finance. The studies explore a wide spectrum of economic issues, including inflation, capital markets, economic growth, financial behaviour, unemployment, wages, taxation, and policy impacts. Employing various econometric techniques such as panel data analysis, multiple linear regression, and time series modelling, these studies demonstrate the students’ ability to integrate economic theory with quantitative analysis.

The projects are thematically organized into four key subtopics: Macroeconomic Analysis and Forecasting, Financial Markets and Monetary Policy, Development Economics and Financial Inclusion, and Socioeconomic Studies and Consumer Behaviour. Collectively, these works highlight how economic reasoning, supported by statistical and mathematical tools, can provide insights into national and regional issues affecting individuals, industries, and governments. Further references for each respective abstract presented in this chapter are available in hardcopy at the Library of the Faculty of Science and Technology.

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