Graduate Diploma in Economics

Course F01AA (2010)

Note: This is an archived Handbook entry from 2010.

Year and Campus: 2010 - Parkville
Fees Information: Subject EFTSL, Level, Discipline & Census Date
Level: Graduate/Postgraduate
Duration & Credit Points: 100 credit points taken over 24 months part time.

Coordinator

Associate Professor Chris Skeels

Contact

Graduate School of Business and Economics Student Centre
Level 4, 198 Berkeley Street
Telephone: +61 3 8344 1670
Online Enquiries: http://www.gsbe.unimelb.edu.au/future/unity_forms/contact.html
Web: www.melbournegsm.unimelb.edu.au

Course Overview: This course aims to provide an opportunity for graduates with a three year degree in any discipline from a recognised Australian University, or equivalent, to complete via eight subjects of study a sequence of subjects specialising in economics or econometrics.
Objectives: On successful completion of this course, students should be able to:
  • Understand, apply and critically evaluate the key concepts and techniques of microeconomics, macroeconomics and econometrics;
  • Apply their analytical skills developed as a result of the knowledge gained primarily from the in-depth study in selected elective subjects in economics;
  • Access economic data, summarise and interpret the data, and combine economic models and data;
  • Build and apply economic models for purposes of description, for forecasting, and for assessing business and household decision options and government policy options;
  • Explain, apply and critically evaluate the application of economic models to describe choice decisions of firms, households and governments, and to measure and evaluate the performance of the economy; and
  • Interpret and critically evaluate economic studies using econometric methods, as well as econometric studies reported in the literature and in reports issued by governments and the private sector.
Course Structure & Available Subjects: The Graduate Diploma consists of eight semester-length subjects comprising:

Subject Options:

Three core subjects:

Subject
Study Period Commencement:
Credit Points:
Semester 1, Semester 2
12.50
Semester 1, Semester 2
12.50
Semester 1, Semester 2
12.50

At least one of:

Subject
Study Period Commencement:
Credit Points:
Summer Term, Semester 1
12.50

and at least one of:

Subject
Study Period Commencement:
Credit Points:
Semester 1, Semester 2
12.50
Summer Term, Semester 1, Semester 2
12.50

Elective subjects selected from:

  • At least two level 3 subjects taught by the Department of Economics.
  • Remaining subjects to be chosen from level 2 and level 3 subjects taught by the Department of Economics.
Entry Requirements:

The minimum entry requirement is a three-year undergraduate degree from a recognised Australian university and a study score of at least 25 in Maths Methods in VCE in units 3 and 4, or equivalent
Core Participation Requirements:

For the purpose of considering requests for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Students Experiencing Academic Disadvantage Policy, academic requirements for this course are articulated in the Course Description, Course Objectives and Generic Skills of this entry.

The University is dedicated to provide support to those with special requirements. Further details on the disability support scheme can be found at the Disability Liaison Unit website: http://www.services.unimelb.edu.au/disability/
Graduate Attributes:

On successful completion of this course, students should have enhanced their skills in:

  • Evaluation of ideas, views and evidence;
  • Synthesis of ideas, views and evidence;
  • Strategic thinking;
  • Critical thinking;
  • Research;
  • Summary and interpretation of information;
  • Using computer programs;
  • Statistical reasoning;
  • Problem solving;
  • Collaborative learning and team work;
  • Written communication; and
  • Oral communication.
Notes:

Please note:

Entry to the Graduate Diploma in Economics will not be available from Semester 1, 2009.

1. Entry to the Postgraduate Diploma in Economics would be available to students who complete 316-312 and 316-313 with an average grade of 70% or above, and who complete either 316-205 or 316-206;

2. Students in the Graduate Diploma are allowed to undertake 316-101 and 316-102 in the same semester;

3. Students who have already completed core subjects in the Graduate Diploma would substitute those subjects for level 2 or level 3 subjects taught by the Department of Economics.

4. Students can commence the program in either Semester 1 or Semester 2.

5. This program is available to study on a part-time basis only.

Assessment

Students must pass all eight subjects to qualify for the Graduate Diploma in Economics.

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