26th Feb 2019

As part of the 10th anniversary celebration by the Economics Department, Central University (CU), a two-day program was organized from the 22nd to 23rd February 2019 at the Miotso campus.

The day started with a poster exhibition session by the third year students of the Department who displayed and discussed their project findings with guests, faculty members and the general public. 

Chaired by the Dean, Faculty of Arts and Social Sciences,Professor. Clara Korkor Fayorsey top level academics and industry experts were invited to share their empirically researched findings on topical issues. 


Dr. Emmanuel Oteng-Kumah, Board Chairman, Standard Chartered Bank, Ghana, with an empirical data on Ghana revealed that there has been dominance of monetary indicators in the evolution of inflation, exchange rate and real GDP growth over the past nineteen years.

Dr. Mohammed Amin Anta, Deputy Minister of Energy, Ghana, also argued that extractive resources create higher economic growth but do not sustain growth leading to under-development. This he referred to as the resource curse or the Dutch disease. Using best practices from several countries across the world, several models were proposed that can sustainably transition poor countries into middle and high income countries.

The Ag. Dean, School of Graduate Studies, Professor Adusei Jumah, took participants through the basics of forecasting. He empirically explained the extent to which the dollar/sterling exchange rate fluctuations affect volatility in futures prices for coffee and cocoa on the London LIFFE and the New York CSCE by means of ARCH models.

Lastly, Dr. Benjamin Amoah, Lecturer, Department of Finance, presented an insightful paper on “Chasing ponzi out of town: the regulators dilemma”. Through the paper, he demonstrated the role of the regulator in a fragile economy like Ghana, that is susceptible to ponzi schemes.

Dr. Anthony Amoah, Head of Economics Department with the support of the Professor John Ofosu-Anim, Pro-Vice Chancellor, CU gave awards to all past Heads of the Department namely Mr. Paragon Pomeyie and Mr. Davies Adu-Larbie.

Also, awards were given to students who participated in the academic writing competition initiated by the Head of Department. The awards were sponsored by El cuto Consult Limited and coordinated by Mr. Kofi Korle.  

In a brief speech by  the Vice-Chancellor, Professor  Bill Buenar Puplampu, he charged the department to develop indices that can speak to Ghana’s economic situation which has implication to our humanity and research.

The last day of the programme was dedicated for games. In the football match between the department of Environment and Development Studies, the Central Business School and the department of  Economics, the team from the department of Economics won all matches and were crowned winners of the tournament.

The events were well patronized by students and staff of the university.

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