TAILIEUCHUNG - KENYATTA UNIVERSITY SCHOOL OF ECONOMICS

So let's skip the literature part for now and try to get to the modeling. Lucky for you, all economics models look pretty much the same. There are some economic agents. They make choices in order to advance their objectives. The choices have to satisfy various constraints so there's something that adjusts to make all these choices consistent. This basic structure suggests a plan of attack: Who are the people making the choices? What are the constraints they face? How do they interact? What adjusts if the choices aren't mutually consistent?. | The Fittest Survive Kenyatta University - School of Economics PREAMBLE Most world class Universities have moved away from restrictive structures of departments of economics towards more all-encompassing schools of economics as their mark of distinction. The London School of Economics is an obvious example. The discipline of economics consists several branches that have over the years grown and developed their own methodologies. These branches have their theoretical and practical aspects that play a central role in policymaking and resource allocation in all the sectors of the economy. This has made the discipline very popular with students and other professionals alike. The Kenyan Government has set 2030 as the year Kenya should have achieved the Newly Industrialized Country s status. This implies that the department of economics needs to redefine its academic and research agendas so as to remain relevant in an evolving economy and immensely contribute towards the much needed human capital and policy oriented research designed for the achievement of greater socio-economic aspirations of the country. VISION The vision of the school is to be an exquisite centre of academic excellence in the promotion capacity building research and consultancy in economics for both local and international arena. MISSION To undertake and provide teaching research economic policy analysis and consultancy services that are responsive not only to the professional needs of local regional and international institutions but also to those of the local community in both the formal and informal economic sectors. OBJECTIVES The main objectives of the school are to a. Provide training focusing on economic theory econometrics and applied economics. B. Undertake both academic and policy driven research. c. Provide consultancy services in such core areas as project planning monitoring and evaluation econometrics and applied economics. d. Promote community service programmes in applied economics and

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