Course code: 0172 + Course abbreviation: GradDipEcSt +
Total credit points required: 48 + 2 semesters full-time (possibly 3 semesters
due to the sequential nature of some units), four semesters part-time +
On-campus (Clayton)
Course directors: Dr Michael White (economics), Associate Professor Brett
Inder (econometrics)
This course 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.
Students undertaking this course are able to apply for a Commonwealth-supported place.
(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 (six 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% or above may apply for admission to the
Postgraduate Diploma in Economics.
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