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.
Compulsory: MACROECONOMICS (INTERMEDIATE)
Compulsory: MICROECONOMICS (INTERMEDIATE)
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
FINANCIAL INNOVATIONS AND MONETARY POLICY
FINANCIAL INSTRUMENTS AND CAPITAL MARKETS
INTERNATIONAL FINANCIAL INSTITUTIONS AND POLICY
INTERNATIONAL MONEY AND FINANCE
INTERNATIONAL TRADE INSTITUTIONS AND POLICY
INTRODUCTION TO ECONOMETRIC METHODS
MANAGEMENT OF NEW TECHNOLOGY
MARKET STRUCTURE AND STRATEGIC BEHAVIOUR
MATHEMATICAL METHODS IN ECONOMICS
STRATEGIES OF ECONOMIC DEVELOPMENT
THE ECONOMICS OF NEGOTIATIONS
THEORY OF MONOPOLY AND REGULATION
Teaching and Assessment Methods
A: Knowledge and Understanding
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
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 Students are also assigned readings from textbooks, academic journal papers, unpublished research papers and on-line resources.
Outcomes A1-A4 are assessed by means of written examinations, coursework assignments, written tests and optional term papers.
B: Intellectual/Cognitive Skills
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
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.
Skills B1-B5 are assessed by means of written examinations, coursework assignments, written tests and optional term papers.
C: Practical Skills
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
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.
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
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
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.
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.