Graduate Diploma Economics

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  • Objectives
    To provide students with a knowledge of economic principles and an awareness of their application relevant to the scheme of study. To provide students with the necessary skills of the main analytical methods used in b. To establish an awareness of the integration of theory, data, and analysis. To allow students through the study of economics to acquire critical, analytical and research skills, problem-solving skills and transferable skills.To provide students with a foundation for further studies in economics.
  • Entry requirements
    Entry Qualifications A good undergraduate degree that has already been awarded, or in the case of students in the final year of their degree, that is anticipated. For British students a good first degree means an upper second class honours degree. More mature students need only satisfy the University that their background is suitable for a higher degree by virtue of other forms of training. For non-native speakers of English either a TOEFL score of 540 or an IELTS score of 6.0 is required.
  • Academic title
    Graduate Diploma Economics
  • Course description

    Course Description
    The Graduate Diploma in Economics is aimed at students with a first degree in a subject other than economics, or whose economics training does not provide sufficient technical experience for direct entry to the Masters courses. Students who obtain the Diploma with Merit or Distinction may progress automatically to the MSc.

    Modules and Options

    The lists of modules below represent the range of options available for each year of study. This may not be a complete list of the options you will study, and may be subject to change, so please contact the department for further details.

    Stage 1

        Compulsory: MACROECONOMICS (INTERMEDIATE)
        Compulsory: MICROECONOMICS (INTERMEDIATE)
        ECONOMETRIC METHODS
        ECONOMETRIC METHODS AND APPLICATIONS
        ECONOMIC ANALYSIS OF ASSET PRICES
        ECONOMIC CHANGE IN HISTORICAL PERSPECTIVE
        ECONOMIC DEVELOPMENT IN A GLOBAL PERSPECTIVE
        ECONOMICS OF BOND AND DERIVATIVES MARKETS
        ECONOMICS OF ORGANISATIONAL MANAGEMENT
        ECONOMICS OF THE EUROPEAN UNION
        ECONOMICS OF TRANSITION
        ENVIRONMENTAL ECONOMICS
        FINANCIAL INNOVATIONS AND MONETARY POLICY
        FINANCIAL INSTRUMENTS AND CAPITAL MARKETS
        INTERNATIONAL FINANCIAL INSTITUTIONS AND POLICY
        INTERNATIONAL MONEY AND FINANCE
        INTERNATIONAL TRADE
        INTERNATIONAL TRADE INSTITUTIONS AND POLICY
        INTRODUCTION TO ECONOMETRIC METHODS
        LABOUR ECONOMICS
        MACROECONOMICS (ADVANCED)
        MANAGEMENT OF NEW TECHNOLOGY
        MARKET STRUCTURE AND STRATEGIC BEHAVIOUR
        MATHEMATICAL ECONOMICS
        MATHEMATICAL METHODS
        MATHEMATICAL METHODS IN ECONOMICS
        MICROECONOMICS (ADVANCED)
        PUBLIC ECONOMICS
        STRATEGIES OF ECONOMIC DEVELOPMENT
        THE ECONOMICS OF NEGOTIATIONS
        THEORY OF MONOPOLY AND REGULATION

    Teaching and Assessment Methods
     
    A: Knowledge and Understanding
        Learning Outcomes
        A1 : Knowledge of the fundamental principles of contemporary economics.
        A2 : Understanding of the application of economic reasoning to the study of relevant problems and policies
        A3 : Knowledge of the mathematical methods needed to articulate economic theory
        A4 : Knowledge of the empirical methods used for the analysis and evaluation of economic issues

        Teaching Methods
        Outcomes A1-A4 are acquired through lectures, classes, and related coursework. Lectures are used to present material - ideas, data and arguments - in a clear and structured manner. Lectures are also used to stimulate students' interest in learning economic research methods. Classes, and preparation for classes, provide the opportunity for students to develop their knowledge and understanding of the content of the courses. Students are also assigned readings from textbooks, academic journal papers, unpublished research papers and on-line resources.

        Assessment Methods
        Outcomes A1-A4 are assessed by means of written examinations, coursework assignments, written tests and optional term papers.

    B: Intellectual/Cognitive Skills
        Learning Outcomes
        B1 : Analyse a specified economic problem and choose the most appropriate methods for its solution
        B2 : Assess the relative merits of a range of theories, techniques and tools needed to articulate arguments and policies
        B3 : Formulate an economic argument
        B4 : Construct reasoned, informed and concise descriptions and assessments of ideas in contemporary economics
        B5 : Evaluate and interpret empirical evidence

        Teaching Methods
        Skills B1-B5 are acquired and enhanced primarily through the work that students do for their courses, although lectures provide a means for teachers to demonstrate these skills through example.Student preparation involves the reading, interpretation and evaluation of the economics literature, including texts and research papers, and the analysis of empirical evidence. Teachers provide feedback on student work through comment and discussion. In addition, teachers engage students outside the classroom through office hours, appointments, and email.

        Assessment Methods
        Skills B1-B5 are assessed by means of written examinations, coursework assignments, written tests and optional term papers.

    C: Practical Skills
        Learning Outcomes
        C1 : Identify, select and gather information using relevant sources, including the library and online searches
        C2 : Take notes and organise ideas in a systematic fashion
        C3 : Present economic ideas and arguments coherently in writing
        C4 : Use and apply economic terminology and concepts

        Teaching Methods
        Skills C1-C4 are acquired and enhanced primarily through the work that students do for their courses. Lectures also provide a means of teachers demonstrating these skills through example.

        Assessment Methods
        Skills C1-C4 are assessed by means of written examinations, coursework assignments, written tests and optional term papers.Skills C1 and C2 are also informally assessed by student's preparation for each course.

    D: Key Skills
        Learning Outcomes
        D1 : Communication in writing, using appropriate terminology and technical language
        D3 : Use of the mathematical techniques used to construct economic models and methods used to analyse economic data
        D4 : Application of economic reasoning to address problems involving a variety of economic phenomena
        D6 : Capacity to: (a) organise and implement a plan of independent study; (b) reflect on his or her own learning experience and adapt in response to feedback; and (c) recognise when he or she needs to learn more and appreciate the role of additional research

        Teaching Methods
        Students are guided in acquiring skills D1, D3, D4 and D6 through lectures, classes and individual advice from teachers. These skills are further developed as students pursue the learning activities associated with their courses. Students also have the opportunity to develop skills in working in groups through their participation in classes for courses, especially the applied ones.

        Assessment Methods
        Skills D1, D3 and D4 are assessed by means of written examinations, coursework assignments, written tests and optional term papers. Skill D6 is assessed indirectly through students' capacity to construct submitted coursework and their study plans for tests and examinations.

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