Course code: 0172 + Course abbreviation: GradDipEcSt + Clayton + Day + Two semesters full-time (possibly three semesters due to the sequential nature of some units), four semesters part-time + Course director: Dr Michael White (economics), Professor Keith McLaren (econometrics) + Total credit points required: 48
The Graduate Diploma in Economic Studies is aimed at graduates of disciplines other than economics and commerce, graduates who have taken only the equivalent of first-year economics, or economics/commerce graduates of more than 10 years standing. Specialisations in economics, econometrics and economic history are available. Students who achieve a high standard will be able to progress to further graduate work.
Admission to the course is open to applicants who have qualified for a pass degree from a recognised tertiary institution. It is preferred that applicants have successfully completed Year 12 mathematics or equivalent. For the econometrics specialisation, it may be necessary for students without a tertiary background in statistics to undertake the first-year-level statistics unit prior to entry to the course.
Substitutions rather than course credits are the rule for work done previously. Students who have passed units with content and standard similar to those of the four core units within the economics and economic history specialisations are expected to substitute other units; for example, for a person with a mathematics/statistics background, it may be appropriate to substitute a higher-level econometrics unit for ETC9000 or ETC9010 or both. It is assumed that students who have already passed units of a content and standard similar to that of the other four units would not normally wish to enrol in the diploma, but if there should be such students, a similar substitution rule will apply. Substitution is only available for units completed within the previous 10 years.
The Graduate Diploma in Economic Studies is a HECS-based course.
(a) Students must complete four units (24 credit points) from the following, with at least one being selected from those marked with an asterisk:
(b) Students must complete at least two units (12 credit points) from:
Students whose qualifying
degree is in economics may, with the permission of the course director,
substitute other units for the two economics units.
(c) Students must complete two units (12 credit points) from:
(i) units listed in (a) or (b)
(ii) second and third-year units available in the Bachelor of Economics degree.
(a) Students must complete four core units (24 credit points):
Due to the
sequential nature of ETC9000 and ETC9010, students will not be able to take all
the first four units in the first semester of their course. Together with the
background required for the other units, this implies that a student with no
prior economics or statistics may need to take more than two semesters to
complete the course.
(b) Students must complete at least two units (12 credit points) from the
following:
(c) Students must complete a
further two units (12 credit points) from:
(i) units listed in (b) above
(ii) third-year or second-year units taught by the departments of Economics or Econometrics and Business Statistics (Clayton) and available in the Bachelor of Economics degree, of which not more than one may be from outside the Department of Economics or from second year.
(a) Students must complete four core units (24 credit points):
Due to the sequential nature of ETC9000 and ETC9010, students will not be able to take all the first four units in the first semester of their course. Together with the background required for the other units, this implies that a student with no prior economics or statistics may need to take more than two semesters to complete the course.
(b) Students must complete at least three units (18 credit points) from the following list of which only one of which may be a second-year unit:
(c)
Students must complete a further unit (6 credit points) from:
(i) units listed in (b) above
(ii) third-year or second-year units taught by the departments
of Economics or Econometrics and Business Statistics (Clayton) and available in
the Bachelor of Economics degree.
Students who successfully complete the Graduate Diploma in Economic Studies
with an average grade of 70 per cent or above may apply for admission to the
Postgraduate Diploma in Economics.
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