Graduate Diploma in Economics

Year

View in 2021+ Handbook

Course Overview
Further Information
Course Rules & Plans
Course Outcomes

Why study the Graduate Diploma in Economics at UNE?

This course can provide a formal qualification in the field of economics for graduates with little background in the discipline, or it can act as a refresher course in economics for those whose initial studies occurred some time ago. It is also a broadening course for those who wish to extend their knowledge of economics into areas not previously studied such as Economic Development, Economic Policy, Agricultural and Resource Economics or Advanced Economic Theory. Finally, it can be a qualifying step towards higher studies, particularly the Master of Economics program.

Career Opportunities

Examples include positions in federal and state public services as policy officers, analysts, economic modelers, advisers, trade and industry officers; private sector positions in financial management, forecasting, banking, insurance, agribusiness and agriculture; international positions with agencies such as the World Bank, the United Nations and agribusiness firms.

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Degree Snapshot

DURATION

1 Year Full-time
Up to 4 years Part-time

FEES

CSP (quotas apply)
Full Fee
International

2018 STUDY OPTIONS

Armidale

Trimester 1, Online
Trimester 1, On Campus
Trimester 2, Online
Trimester 2, On Campus

Official Abbreviation

GradDipEc

Course Type

Postgraduate

CRICOS Code

006319F

Commencing

Location	Admission Period	Mode of Study
Armidale	Trimester 1	Online
Armidale	Trimester 1	On Campus
Armidale	Trimester 2	Online
Armidale	Trimester 2	On Campus

Course Duration

1 Year Full-time
Up to 4 years Part-time

Fees

CSP (quotas apply) / Full Fee / International

Total Credit Points

Intensive Schools

Mandatory intensive schools may be a requirement of some of the units in this course. See Unit Catalogue for specific requirements.

Entry Requirements

A candidate shall:

(a) hold an AQF Level 7 Bachelor qualification in a non-relevant discipline; or

(b) hold an AQF Level 7 Bachelor qualification in a relevant discipline*.

*Relevant disciplines, include but not limited to:

Business

Economics

Economic Statistics

Practical, Clinical or Work Experience

Students may complete work integrated learning and professional skills development (WORK500) with approved institutions and/or an overseas study tour (OSSE500) during their course.

Advanced Standing

Candidates are referred to the University Policy on Advanced Standing.

Candidates admitted under Rule (b) may be granted a maximum of 18 credit points of Specified Advanced Standing based on their admission to candidature. This advanced standing shall be for units that are deemed to be equivalent to ECON101, ECON102 and QM461. A further 6 credit points may be granted based on units that were not part of the degree on which admission was based.

No advanced standing will be granted for OSSE500 or WORK500.

Scholarships

The University offers a number of scholarships available to Australian citizens and permanent residents.

Academic Colours

Peacock Blue (BCC 120)

Further Information

You can find instant answers to many of your questions or contact UNE directly via AskUNE

These course rules & plans are ONLY to be used if you commenced, transferred or changed versions in the Graduate Diploma in Economics in 2018.

Admission to Candidature

A candidate shall:
(a) hold an AQF Level 7 Bachelor qualification in a non-relevant discipline; or
(b) hold an AQF Level 7 Bachelor qualification in a relevant discipline*.

*Relevant disciplines, include but are not limited to:

Business
Economics
Economic Statistics

Advanced Standing

Candidates are referred to the University Policy on Advanced Standing.

No advanced standing will be granted for OSSE500 or WORK500.

Period of Candidature

The period of candidature shall be:
(a) one year as a full-time candidate;
(b) up to four years as a part-time candidate.

Course Requirements

To qualify for the award a candidate must pass units to the value of 48 credit points with at least 30 credit points at 400-level or above.

Program of Study

Candidates shall complete an approved program of study as outlined in the Course Schedule comprising:

For candidates admitted under Rule (a)

Course Structure	Credit Points
Core Units	18 cps
One Major or General Program	30 cps
Total	48 cps

To view the complete Program of Study click here

For candidates admitted under Rule (b)

Course Structure	Credit Points
Specified Advanced Standing	18 cps
One Major or General Program	30 cps
Total	48 cps

To view the complete Program of Study click here

Award of Degree

Candidates who meet the course requirements shall be awarded the Graduate Diploma in Economics.

Exit Pathways

Subject to meeting the Advanced Standing rules, candidates who apply to discontinue their studies in the course may be eligible to exit with the Graduate Certificate in Applied Economics on completion of 24 credit points corresponding to the program of study for the Graduate Certificate in Applied Economics, including at least 18 credit points at 400-level or above.

Candidates who apply to discontinue their studies and exit with the Graduate Certificate in Applied Economics must apply for re-admission and will be subject to current course requirements of the Graduate Diploma in Economics. This may mean that they will not receive full recognition for their previous studies should the course structure have changed in response to University requirements.

Course Aims	The Graduate Diploma in Economics is designed for graduates who wish to gain specialised knowledge and skills in the area of economics. It also offers a pathway for graduates who wish to proceed to Masters or PhD degrees in economics and related fields.
Learning Outcomes	Upon completion of this course, students will be able to: identify, coherently explain and synthesise disciplinary concepts to economic issues at an advanced level; apply critical economic reasoning and advanced analytical skills to complex problems, in order to make informed judgements and decisions; reflect on the nature and implications of assumptions and value judgements in economic analysis and policy; use quantitative methods to analyse economic issues and understand their role in economic decision-making and policy decisions; and demonstrate proficiency in information transfer in written and oral formats at a professional level.
Graduate Attributes	Knowledge of a Discipline Students develop advanced knowledge in the areas of economics and related fields through lectures, tutorials, readings, online activities, practical experience and interaction with unit coordinators. Knowledge will be assessed through a variety of assessment tasks such as assignments, examinations and report writing. This course emphasises the use and application of economic skills in regional, national and international contexts. A global perspective is important in understanding issues confronting economists in a continuously changing environment. Communication Skills Communication skills are essential in this course and students will develop both written and oral competency. These communication skills will be taught, practised and assessed in numerous activities including written assignments, report writing based on professional workplace experience, oral presentations, in-class and online discussions. Problem Solving Students will combine discipline knowledge with information literacy skills to develop their adeptness in being able to apply critical thinking to identify problems and to formulate solutions, particularly through the application of advanced discipline knowledge to real-world issues. Information Literacy Students will use various forms of media to obtain information and data for written assignments and other assessment tasks. Students will be able to use, critically analyse, interpret, construct and communicate economic and quantitative data, with an emphasis on economic decision making and policy applications. Ethical Conduct and Social Responsibility Students are taught numerous dimensions of social responsibility in relation to economic decision making. Students will be able to acknowledge and respect the viewpoints and ideas of others, behave ethically, and appreciate the importance of the environment and sustainability. Lifelong Learning Lifelong learning skills are taught and practised in assessment tasks. The discipline knowledge, information literacy and problem solving skills obtained in this course equip students with the ability to understand, interpret and critically evaluate regional, national and international economic issues. Students have the opportunity to undertake independent research and gain experience in oral seminar presentations. Independence and Collaboration Students will have worked independently and collaboratively with a multidisciplinary group to achieve common goals, solve problems, contribute specialist knowledge and contribute to group performance.