Economics Department

Economics is a broad and dynamic discipline concerned with understanding how individuals, firms, institutions, and governments make decisions regarding the allocation and utilization of scarce resources and how these decisions influence economic and social well-being. The discipline seeks to explain the functioning of economies and markets, assess the effects of government policies and institutional interventions, and generate evidence-based solutions to contemporary economic and social challenges. The Department of Economics adopts a multidisciplinary and methodologically diverse approach to teaching, research, and innovation, integrating economic theory, mathematical and economic modelling, statistics, econometrics, and quantitative data analysis to examine complex economic and social phenomena. Its scope encompasses both micro-level decision-making and aggregate economic outcomes, addressing issues such as economic growth and development, business cycles, employment and labour markets, poverty and inequality, education, health, environmental sustainability, agricultural development, financial markets, international trade, industrial organization, and public finance. The Department’s academic programmes, teaching, and research are organized around five core areas: Economics, Statistics, Financial Economics, Agribusiness Management, and Agricultural Economics and Resource Management.

Department provides an integrated academic environment that combines theoretical knowledge, quantitative and analytical skills, practical competencies, and interdisciplinary research, preparing graduates for careers in business, banking and finance, statistics and data analytics, agribusiness, agriculture and rural development, consulting, government, research institutions, non-governmental organizations, and public policy, as well as for further study at postgraduate and doctoral levels. The Department is committed to excellence in teaching, research, innovation, and community engagement and seeks to produce graduates and researchers capable of addressing complex economic, financial, agricultural, environmental, and social challenges and contributing to inclusive, resilient, and sustainable development.

Email address: chair-econ@mmarau.ac.ke