Graduate Diploma in Economics
Venue: Russell Square: College Buildings
Minimum Entry Requirements: Students with a first degree or equivalent, but with no previous qualifications in Economics (or insufficient for direct entry onto any of the MSc degrees offered by the Department of Economics), may be considered for the Graduate Diploma in Economics. A Second Class pass or its equivalent is normally expected. If you are unsure whether your qualifications are at an appropriate level, complete an application form, attach a copy of your transcript, and ensure that your referees send their reports. We will then be able to make a decision regarding the most appropriate course of study for you.
Start of programme: September intake only
Mode of Attendance: Full Time or Part Time
Fees: 2018/19: UK/EU: £6,977 | Overseas: £16,907
This one-year diploma is administered by the Department of Economics and provides students with a solid understanding of the main topics in economics. It is a programme largely at an undergraduate level, designed both as an entry qualification for postgraduate study and as a bridge between undergraduate and postgraduate work.
The programme is suitable as a standalone qualification for those wishing to change their career path or develop within their present profession. Alternatively, the Diploma acts as a conversion course for students without previous economics training who wish to take an MSc programme in Economics.
The programme is offered on a full-time basis, over a period of nine months commencing in early September with a three weeks long pre-sessional. Subsequently, students take four courses: Microeconomic Analysis, Macroeconomic Analysis, Quantitative Techniques in Economics OR Econometrics, and EITHER Issues in Economic Development OR International Economics OR Banking and Finance. Assessment is in the form of written examinations and course work. Completion of the Graduate Diploma at an acceptable level allows students to take one of the MScs in Economics in the following year.
The Graduate Diploma may also be taken on a part-time basis over two years. Students undertaking the programme on that basis must take Microeconomic Analysis and Quantitative Techniques in Economics OR Econometrics in the first year, and take Macroeconomic Analysis and EITHER Issues in Economic Development OR International Economics OR Banking and Finance in the second year. The pre-sessional in September requires full-time attendance.
The entry requirements are normally a first or upper second class honours degree (or equivalent). Other relevant experience, including good qualifications in a less relevant subject area may be considered. Applicants can apply using the postgraduate online application form. online application form.
Samantha Horn, Graduate Diploma in Economics Student 2014-15
Yano Moussavi, Graduate Diploma in Economics Student 2014-15
The course is offered on a full-time basis, over a period of nine months commencing in early September with a three weeks long pre-sessional.
Pre-sessional (Preliminary Economic Analysis)
The aim of Preliminary Economic Analysis is to provide a condensed introduction to the fundamental concepts of micro- and macroeconomics. It is designed to give students a rigorous, systematic and comprehensive overview of basic microeconomic and macroeconomic theory. Through the introduction and analysis of theoretical concepts, ideas and techniques, it provides the necessary background for students to successfully complete the Diploma courses Microeconomic Analysis and Macroeconomic Analysis. Please go to Preliminary Economic Analysis for further detail.
Full Time Study
All students are required to take and pass the following four courses which are taught in a combination of lectures and small class tutorials:
1. Microeconomic Analysis (Diploma) (153400131)
2. Macroeconomic Analysis (Diploma) (153400132)
3. EITHER of the following optional modules:
Quantitative Techniques (Diploma) (153400116)
Econometrics (153400103) (depending on your Maths background)
4. ONE of the following optional modules:
Issues in Development Economics (Diploma) (153400118)
International Economics (Diploma) (153400117)
Banking and Finance (Diploma) (153400122)
Part Time Study
The Graduate Diploma may also be taken on a part-time basis over two years. Students undertaking the programme of that basis must take Microeconomic Analysis and Quantitative Techniques in Economics or Econometrics in the first year, and take Macroeconomic Analysis and EITHER Issues in Economic Development OR International Economics OR Banking and Finance in the second year.
Microeconomic Analysis, Macroeconomic Analysis, Issues in Economic Development, International Economics and Banking and Finance are assessed by written examination (80%) and assessed coursework (20%). Quantitative Techniques and Econometrics are assessed by written examination (100%). Three-hour written examinations are held in May/June. There is no assessment for Preliminary Economic Analysis.
Academic Transcript and Certificate
Academic transcripts will be sent to students in early August and students who have successfully completed all requirements may expect to receive their Diploma certificate in September.