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Graduate Diploma in Economics (GD-ECO) // Attributes, outcomes and skills
You’re currently viewing the 2022 version of this course
About this course
Contact
Future Students:
- Further information: mbs.unimelb.edu.au
- Submit an enquiry
Currently enrolled students:
- General information: https://ask.unimelb.edu.au
- Contact Stop 1
Program Director:
- Dr Jun Xiao jun.xiao@unimelb.edu.au
Intended learning outcomes
Graduates of this degree will be critical thinkers in relation to microeconomics, macroeconomics and econometrics.
- Describe and explain the fundamental principles influencing markets and managing organizations;
- Evaluate the impact of a variety of cultural and environmental factors on economic policy and business decisions; and
- Interpret and critically evaluate articles in the economics research literature.
Graduates of this degree will be analytical in the application of economics and econometrics theory, knowledge, principles, techniques and data.
- Explain and critically analyse factors that influence economic decision making in firms and government;
- Identify strategic issues and solutions in relation to economic problems and activity within firms and government; and
- Apply knowledge of theory to analyse real and hypothetical problems in different markets both domestically and internationally.
Generic skills
On successful completion of this degree students should have enhanced their skills in:
- Critical evaluation of ideas, views and evidence in support of an argument or proposition;
- Problem solving in economics and business decision making through the application of appropriate economic theories, principles, and the econometric analysis of data;
- Written and oral communication of economic related ideas, theories and solutions to peers and the wider community;
- Ability to synthesize ideas, theories and data in developing solutions to economic problems;
- Statistical reasoning through completion of core quantitative subjects in the degree; and
- Receptiveness to ideas and independence in thinking.
Graduate attributes
On successful completion of this course, students will be:
- Receptive to alternate ideas through a review of the literature and through class participation and assessment;
- Ethical in their approach to research and work practices;
- Advanced in their use, critical evaluation and testing of economics models and in forecasting and assessing business and government policy options;
- Adept in statistical reasoning through completion of core quantitative subjects in the degree;
- Advanced in problem solving through their understanding of macroeconomic and microeconomic issues and able to apply economic theory and statistical techniques to economic policy and business decision making;
- Critically analytical through the evaluation of ideas, views and evidence contained in the economic and econometric research literatures;
- Skilled in working effectively with computer software for the analysis of data;
- Adept at retrieval, summary and interpretation of economic and econometric information through class exercises and assessment;
- Able to apply and synthesise economic and econometric ideas, theory, models and evidence to domestic and international economic issues; and
- Independent and effective in communication of ideas.
Last updated: 6 February 2025