1999 Business and Economics Handbook - Postgraduate Diploma in Economics

Postgraduate Diploma in Economics - PostgradDipEc

General
Course objectives
Admission requirements
Fees
Credit for work done elsewhere
Mode of offering
Duration
Course structure
Progression to further studies

General

Course code: 0171
The Postgraduate Diploma in Commerce or Postgraduate Diploma in Economics provide a fourth year of study for those wishing to extend their knowledge of the areas of accounting and finance, econometrics, economics, or management.

Course objectives

On completion of the course students should:

be familiar with current developments in one of the areas of accounting and finance, econometrics, economics or management at an advanced level;
have the knowledge to undertake graduate study in one of the areas of accounting and finance, econometrics, economics or management;
have developed their analytical and technical skills which will assist in problem solving;
have sufficient knowledge to undertake further research in one of the areas of accounting and finance, econometrics, economics or management;
have had the opportunity to develop the skills, knowledge and motivation necessary for further graduate level studies.

Admission requirements

An applicant for admission to candidature to either the Postgraduate Diploma in Commerce or the Postgraduate Diploma in Economics requires a pass degree in the proposed discipline area of study (namely economics, economic history, econometrics, accounting and finance, management) with an average grade of 70 per cent or above from a recognised tertiary institution. Applicants lacking some of the necessary background may be considered for admission subject to successful completion of preliminary undergraduate subjects in the area of deficiency.

Fees

The Postgraduate Diploma in Commerce and the Postgraduate Diploma in Economics are HECS-based courses.

Credit for work done elsewhere

No credit for work done previously is available in these postgraduate diplomas.

Mode of offering

This course is offered on-campus at the Clayton campus.

Duration

Normally two semesters of full-time study or four semesters of part-time study.

Course structure

The course entails the satisfactory completion of six level-four subjects and an issues seminar.

Accounting and finance specialisation

Course director: Associate Professor Alan Ramsay
1 Three subjects selected from:

AFC4100 Research methods in accounting and finance
AFC4120 Financial accounting theory
AFC4130 Management accounting
AFC4140 Corporate financial theory
BTC4150 Advanced taxation
AFC4160 Issues in auditing
AFC4170 Analysis of financial statements
BTC4180 Securities regulation

2 Three subjects chosen from:

other level-four subjects offered by the Department of Accounting and Finance;
other level-four subjects offered by the departments of Economics or Econometrics and Business Statistics (Clayton) subject to the approval of the head of the departments from which the subjects are taken;
up to two subjects may be special subjects which are based on the third-year subjects taught by the Department of Accounting and Finance supplemented by additional reading and research. These subjects are listed among the third-year subjects and have a subject code ending with the digit '4' (eg AFC3124 Advanced financial accounting).

In special circumstances, the head of the Department of Accounting and Finance may approve as one of the three core subjects a special subject which is based on a level-three undergraduate subject taught by the Department of Accounting and Finance. Students may be allowed to take up to two subjects from another faculty where they are complementary to the Postgraduate Diploma in Commerce program. Enrolment in such courses must be approved by the head of the Department of Accounting and Finance.
3 Issues seminar:

AFC4860 Economics and commerce issues seminar

Econometrics specialisation

Course director: Professor Maxwell King
1 At least three core subjects with at least one being selected from those marked with a dagger:

ETC3434 Applied econometric modelling
ETC3454 Forecasting for business and economics
ETC3464 Financial econometrics
ETC3504 Survey data analysis
ETC4400 Econometric theory_
ETC4410 Applied econometrics_
ETC4420 Microeconometrics
ETC4430 Quantitative economic policy
ECC4850 Mathematical economic theory

2 Three optional subjects selected from the above subjects or from any of the subjects available to a Bachelor of Economics honours student in econometrics.
3 Issues seminar

ETC4860 Economics and commerce issues seminar.

Economics specialisation

Course director: Dr Ian Wills
1 Two core economics subjects:

ECC4650 Microeconomics
ECC4660 Macroeconomics

2 One quantitative subject chosen from:

ETC2400 Econometrics
ETC3400 Econometric theory
ETC3410 Applied econometrics
ETC3440 Practical econometrics

The subject selected will depend on previous training in quantitative methods. Students who have previously completed a subject or subjects equivalent to these quantitative subjects will be required to substitute another subject from the list of optional subjects.
3 Optional subjects as follows:

not more than one third-year level subject taught by the Departments of Economics or Econometrics and Business Statistics (Clayton) and available in the Bachelor of Economics degree;
fourth-year level subjects from the honours program in the Departments of Economics or Econometrics and Business Statistics (Clayton), including graduate subjects available to honours students.

4 Issues seminar

ECC4860 Economics and commerce issues seminar.

Economic history specialisation

1 Two core economic history subjects:

ECC4530 Economic history

and one other subject taken from the following:

ECC4510 Economic history of contemporary Europe
ECC4540 History of economy and environment
ECC4550 Population and development

2 Two economics subjects chosen from:

ECC2000 Intermediate microeconomics
ECC2010 Intermediate macroeconomics
ECC3660 Monetary economics
ECC3680 Economic growth
ECC3690 International economics
ECC3710 Labour economics
ECC3810 Public finance

The subjects selected will depend on previous training in economics. Students who have previously completed a subject or subjects equivalent to these economics subjects will be required to substitute another from the list of optional subjects.
3 Two optional subjects at least one of which must be an economic history subject:

not more than one third-year level subject taught by the departments of Econometrics and Business Statistics (Clayton) or Economics, available in the Bachelor of Economics degree;
third year level economic history or other economics subjects;
fourth-year level subjects from the honours program in the Departments of Economics or Econometrics and Business Statistics (Clayton), including those graduate subjects available to economic history honours students.

4 Issues seminar

ECC4860 Economics and commerce issues seminar

Management specialisation

Not offered in 1999
1 The following four subjects:

MGC3654 Management research methods
MGC4100 Data analysis for organisational and management research
MGC4220 Perspectives and paradigms in management theory
MGC4210 Theories of complex organisation

2 The honours thesis:

MGC4220 Honours thesis in management

3 Issues seminar:

MGC4860 Economics and commerce issues seminar

Progression to further studies

Students who successfully complete either the Postgraduate Diploma in Commerce or the Postgraduate Diploma in Economics with an average grade of 70 per cent or above may apply for admission to either the Master of Commerce (Honours) or Master of Economics (Honours) degrees.