Post Graduate Diploma in Economics
Course Overview
This course provides a discussion around a broad range of economic concepts, theories and analytical techniques. It considers both microeconomics – the analysis of choices made by individual decision-making units (households and firms) – and macroeconomics – the analysis of the economy as a whole. The use of a market, supply and demand, model will be the fundamental model in which trade-offs and choices will be considered through comparison of costs and benefits of actions. Production and market structure will be analyzed at the firm level. Macroeconomic issues regarding the interaction of goods and services markets, labor and money at an aggregate level will be modelled. The role of government policy to address microeconomic market failures and macroeconomic objectives will be examined.
Participants will be required to submit 10 assignments, research paper and one final examination for the period of 12 months to demonstrate their understanding of the course content. Assignments account for 60%, research paper accounts for 30% while Examination accounts for 10% of the marks.
- Module 1: Basic concepts in economics
- Module 2: Demand, supply and markets
- Module 3: Accounting profits, economic profits and economic decision-making
- Module 4: Macroeconomic concepts: gross domestic product, economic growth and business cycles
- Module 5: Macroeconomic challenges: unemployment, inflation and macroeconomic performance
- Module 6: Money and exchange rates
- Module 7: Market structures: compare and contrast
- Module 8: Externalities and the role of public policy
- Module 9: Globalization and trade policy
- Module 10: Taxation
Upon successful completion of the course, the participant will receive a Post Graduate Diploma Certificate of Merit and a transcript.
Duration: 12 Months
Fee: $1000
