The MSc Economics and Public Policy programme is designed to develop high-level human resources that meet internationally recognized standards in economic policy and public economics. In an increasingly complex global economy, this programme equips graduates with advanced analytical tools, policy design expertise, and research capabilities needed to contribute meaningfully to economic policy formulation, evaluation, and implementation. The programme combines rigorous economic theory with practical policy analysis, preparing graduates to address pressing economic challenges in Ghana and beyond.

Goals (Aims)

The aim of the Master of Science in Economics and Public Policy is to develop high-level human resources that meet internationally recognized standards relevant to economic policy and processes in Africa and beyond. The programme seeks to equip graduates with the analytical sophistication, policy expertise, and research capabilities necessary to design, evaluate, and implement effective public policies. It aspires to cultivate economists and policy analysts who can contribute to evidence-based policymaking at national, regional, and international levels, while fostering an understanding of both theoretical foundations and practical applications of public economics.

MSc Economics and Public Policy is a 12-month full-time programme structured over two semesters, carefully designed to develop advanced economic analysis and policy expertise.

The programme combines core economic theory courses with specialized policy analysis modules and applied research components. Students are expected to amass a total of 39 credit hours, inclusive of a dissertation in the second semester. Details of the requirements for each semester are shown below.

Semester 1

Elective Courses (Choose 1)

• MEPP 610 – Development Economics
• MEPP 611 – International Economic Policy
• MEPP 612 – Environmental Economics

Total Credits: 19

Semester 2

Total Credits: 21

• A good first degree with at least a second-class lower division in economics, agricultural economics, statistics, actuarial science, or a related field from a recognized university is required for admission.
• Candidates with a strong mathematical and quantitative background are strongly encouraged to apply.
• Applicants should have successfully completed relevant undergraduate courses in economics, research methods, and quantitative methods.
• Students must pass all the prescribed courses and should obtain an average of B or better in the first year before progression to the next level.
• To graduate, a student must pass all faculty and departmental required courses and present a dissertation before graduation.
• Students must obtain a total of 40 credits as described under the course structure before graduation.

Programme Duration: 12 Months (1 Year)

Rigorous Analytical Foundation

This MSc programme provides a rigorous grounding in economic theory and quantitative methods, preparing students to conduct sophisticated economic analysis and contribute to evidence-based policymaking. Unlike programmes that emphasize only policy description, this programme equips students with the analytical tools to understand causal mechanisms, evaluate policy impacts, and propose evidence-based solutions to complex economic challenges.

Focus on Applied Policy Research

The programme emphasizes practical policy analysis and research, combining theoretical frameworks with real-world applications. Students engage in case studies and empirical research projects that mirror the challenges faced by policymakers, preparing them to conduct policy-relevant research in government agencies, international organizations, and research institutions.

Global Perspective on Economic Policy

The curriculum integrates global economic policy perspectives while maintaining relevance to the African context. Students explore how economic policies in different countries address similar challenges, enabling them to understand best practices and adapt successful policies to their local contexts.

Research and Evaluation Expertise

The programme places emphasis on research methodology and policy evaluation, equipping graduates with the skills to design research projects, analyze policy impacts using advanced econometric techniques, and contribute original insights to both academic and policy communities.

Interdisciplinary Approach

Economic policy operates at the intersection of economics, governance, and social development. This programme integrates perspectives from related disciplines, helping students understand how economic policies interact with institutional, social, and political factors to produce real-world outcomes.

Graduates of the MSc Economics and Public Policy programme at GCTU are well-equipped for roles in policy analysis, research, and economic development, including but not limited to:

Policy Analyst

Analyze economic policies and their impacts, conduct policy research, and provide evidence-based recommendations to government agencies and international organizations on economic and fiscal matters.

Economist in Government

Work within government ministries and agencies on economic policy development, analysis, and implementation, contributing to national economic planning and development strategies.

Research Economist

Conduct independent research on economic policy issues, publish findings in academic journals and policy briefs, and contribute to scholarly discourse on economic and public policy matters.

International Policy Consultant

Provide consulting services to international organizations such as the World Bank, IMF, African Development Bank, and bilateral development agencies on economic policy analysis and reform design.

Development Officer

Work with development organizations focused on economic development, poverty reduction, and sustainable growth, designing and evaluating development programmes and economic interventions.

Academic Researcher

Pursue advanced research in economics and public policy at universities or research institutions, contributing to both theoretical understanding and practical knowledge in the field.

Central Bank/Financial Regulatory Economist

Work in central banks and financial regulatory institutions on monetary policy analysis, financial system analysis, and the design of macroprudential frameworks.

Fees

Total Fees: GH₵ 9,500

Payment Schedule

1. 60% of fees shall be paid within 2 weeks from the beginning of the first Semester.
2. The remaining 40% shall be paid within 2 weeks from the reopening date of the 2nd Semester.
3. Alternatively, students can pay 100% of fees in the 1st semester.

Financial Aid

Admission is strictly based on merit, completely detached from the students' financial capacity to cover associated tuition fees. Once admitted, there exist various schemes to offer financial aid, contingent upon both need and academic prowess.

Merit- and need-based scholarships available. Each scholarship or aid package is re-evaluated annually, taking into account academic performance, financial necessity, resource availability, and current University guidelines.

For detailed timelines, visit the GCTU admissions portal at apply.gctu.edu.gh