Monash University: University Handbooks: Postgraduate Handbook 2002: Units indexed by faculty
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Postgraduate Diploma in Economics


General information

Course code: 0171 + Course abbreviation: PostgradDipEc + Offered at Clayton campus + Normally completed in two semesters of full-time study or four semesters of part-time study
The Postgraduate Diploma in Commerce and the Postgraduate Diploma in Economics provide a fourth year of study for candidates wishing to extend their knowledge of the areas of accounting and finance, econometrics, economics, or management.
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 mark 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 units in the area of deficiency. No credit for work done previously is available in this postgraduate diploma.
The Postgraduate Diploma in Commerce and the Postgraduate Diploma in Economics are HECS-based courses.
Students who successfully complete either the Postgraduate Diploma in Commerce or the Postgraduate Diploma in Economics with an average of 70 per cent or above may apply for admission to either the Master of Commerce (Honours) or Master of Economics (Honours) degrees.

Course structure

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

Accounting and finance specialisation

Course director: Associate Professor Alan Ramsay
1. Three units selected from:

2. Three units chosen from:

In special circumstances, the head of the Department of Accounting and Finance may approve as one of the three core units a special unit which is based on a level 3 undergraduate unit taught by the Department of Accounting and Finance. Students may be allowed to take up to two units 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:

Econometrics specialisation

Course director: Associate Professor Keith McLaren
1. At least three core units with at least one being selected from those marked with a dagger:

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

Economics specialisation

Course director: Associate Professor Keith Trace
1. Two core economics units:

2. One quantitative unit chosen from:

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

4. Issues seminar:

Economic history specialisation

1. Two core economic history units:

and one other unit taken from the following:

2. Two economics units chosen from:

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

4. Issues seminar:

Management specialisation

1. The following four units:

2. The honours thesis:

3. Issues seminar:

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