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| Offered By: | ANU College of Business and Economics | | Minimum: | 36 units | | Academic Plan: | 6205XGDAEC | | CRICOS Code: | 052698G | 2009 Annual Fees: A$17,100
| The Graduate Diploma in Applied Economics provides a foundation in economic theory and quantitative methods that is relevant to applied economics. The program includes the core areas of microeconomics and macroeconomics at the diploma level to provide an understanding of the theoretical basis of real world economic issues. It also provides a grounding in intermediate-level mathematical methods that are relevant for economic analysis, and a foundation in econometric methods that are used in the analysis of economic data. Electives can be chosen that allow students to develop a specialization in particular fields of interest. The Graduate Diploma offers training in economics that can be applied at a variety of levels in business and government. It is also designed to provide access to the Master of Applied Economics program for students without sufficient background for direct entry at the Masters level. It forms the first year of a two-year sequence leading the Masters degree. In order to progress to the second (Masters) year of the two-year program students must obtain a pass in the Graduate Diploma with an average of 70%. Admission Requirements - Applicants must have a bachelor degree from an Australian university or equivalent overseas institution.
- Applicants should have a performance average of 65% or better (or equivalent) over the last two years of the bachelor degree. For equivalent overseas qualifications, the relative standing of the university may be taken into consideration. As an indication, equivalent overseas grades include a GPA of 3.0 on a 4.0 scale or a first class degree.
- Applicants who fail to meet the academic entry requirement under (ii) above may be considered for entry if they can demonstrate at least one year of full-time relevant work experience which was undertaken after graduation from the degree.
- Applicants must have a background in economics, mathematics and quantitative methods at least equivalent to the first courses in an undergraduate economics major at an Australian university. Those without an adequate background will be required to undertake some preliminary coursework in these areas.
- Applicants must satisfy the University's English Language requirement.
- Admission is not automatic and is at the discretion of the Dean.
- Enrolment for commencement in Semester 2 (July) is only approved by the Coordinator of the program after consideration of the candidate's academic background because certain courses assume prerequisite knowledge from Semester 1 courses.
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Program Requirements
The Graduate Diploma in Applied Economics program requires completion of six semester length courses (36 units). The program includes three or four core courses, depending on the candidate's background in mathematical and quantitative techniques, and some electives chosen from a wide range of available courses in theoretical and applied economics, econometrics, and related fields. For details, see under the tabs above: 'Study Options' and 'Summary of Courses'. Progression Students who complete the Graduate Diploma in Applied Economics with an average grade of 70% are eligible to progress to the Master of Applied Economics program. Other masters degree programs in related fields are also available to those successfully completing the Graduate Diploma. Degree Structure The program is 36 units, consisting of six semester-length courses including an economics and quantitative core (24 units), and elective courses (12 units). Selection of courses is subject to approval by the program coordinator. Core Courses (4 courses, 24 units) ECON8025 Diploma Microeconomics ECON8013 Mathematical Techniques in Economics ECON8026 Diploma Macroeconomics and one of the following courses: EMET8013 Econometric Methods EMET8011 Econometric Modelling Notes Students without previous training in econometrics must take EMET8013 if entering in the first semester. Those who are entering in the second semester should have a background in econometrics at the intermediate level and should take EMET8011. Obtaining a mark of at least 60% in both EMET8013 and EMET8011 (one of them taken as an elective) is deemed equivalent to a pass in EMET8005 Economic Models and Introductory Econometrics, which is a compulsory component of the Masters program. In such cases, students may substitute an elective for EMET8005 in the Masters program. Elective Courses (2 courses, 12 units) The range of elective courses is shown under the tab 'Summary of Courses', together with information about which semester the course is currently offered. These courses are available as electives only if not previously taken. In some cases the elective courses are subject to prerequisites. Those under the heading 'Higher Level Elective Courses' are intended primarily for masters programs. Not all the elective courses may be offered in any particular semester or year. Students should check the particular course homepage for details. Students may seek approval to include as electives, courses offered in the Master of International and Development Economics offered by the Asia Pacific School of Economics and Government (APSEG), or courses from graduate coursework programs offered elsewhere in the University.
Summary of courses offered in the Graduate Diploma in Applied Economics Program in 2009
| Core Courses | | First Semester, 2009 | ECON8013 - Mathematical Techniques in Economics I
ECON8025 - Diploma Microeconomics
EMET8013 - Econometric Methods
| | Second Semester, 2009 | ECON8026 - Diploma Macroeconomics
EMET8011 - Econometric Modelling
| | Elective Courses | | First Semester, 2009 | ECHI8011 - Classic Works of Economic Theory
ECON8015 - International Economics
ECON8034 - Principles of Public Economics
ECON8040 - Resource & Environmental Economics
ECON8041 - Labour Economics and Industrial Relations
EMET8005 - Economic Models and Introductory Econometrics
| | Second Semester, 2009 | ECON8008 - Japanese Economy and Economic Policy
ECON8014 - Mathematical Techniques in Economics II
ECON8037 - Financial Economics
ECON8038 - Industrial Organisation
ECON8053 - Strategic Thinking: An Introduction to Game Theory
| | Higher Level Elective Courses | | First Semester, 2009 | ECON8011 - Microeconomic Theory A
ECON8022 - Macroeconomic Theory (Master)
EMET8014 - Advanced Econometric Methods
FINM8010 - Finance Theory
| | Second Semester, 2009 | ECON8006 - International Trade Theory
ECON8010 - Public Economics
ECON8021 - Economics of Uncertainty and Information
ECON8050 - Economic Growth
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Courses that count towards this Program
Core Courses
ECON8013 - Mathematical Techniques in Economics I
ECON8025 - Diploma Microeconomics
ECON8026 - Diploma Macroeconomics
EMET8011 - Econometric Modelling
EMET8013 - Econometric Methods
Elective Courses
ECHI8011 - Classic Works of Economic Theory
ECON8008 - Japanese Economy and Economic Policy
ECON8014 - Mathematical Techniques in Economics II
ECON8015 - International Economics
ECON8034 - Principles of Public Economics
ECON8037 - Financial Economics
ECON8038 - Industrial Organisation
ECON8039 - Health Economics
ECON8040 - Resource & Environmental Economics
ECON8041 - Labour Economics and Industrial Relations
ECON8047 - Law and Economics
ECON8049 - Southeast Asian Economic Policy and Development
ECON8053 - Strategic Thinking: An Introduction to Game Theory
EMET8005 - Economic Models and Introductory Econometrics
Higher Level Elective Courses
ECON8006 - International Trade Theory
ECON8010 - Public Economics
ECON8011 - Microeconomic Theory A
ECON8018 - Cost-Benefit Analysis
ECON8021 - Economics of Uncertainty and Information
ECON8022 - Macroeconomic Theory (Master)
ECON8050 - Economic Growth
EMET8014 - Advanced Econometric Methods
FINM8010 - Finance Theory
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