Economics

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Academic Year of Entry: 2015/16 - 2016/17 - 2017/18 - 2018/19 - 2019/20 - 2020/21 - 2021/22 - 2022/23 - 2023/24
Course overview
(Graduate Diploma) Graduate Diploma
Economics
Current
University of Essex
University of Essex
Economics
Colchester Campus
Graduate Diploma
Full-time
Economics
DIPLL10009
25/09/2012

Details

Professional accreditation

None

Admission criteria

A degree with an overall grade of 2.2.

IELTS (International English Language Testing System) code

IELTS 6.0 overall with a minimum component score of 5.5

Course qualifiers

A course qualifier is a bracketed addition to your course title to denote a specialisation or pathway that you have achieved via the completion of specific modules during your course. The specific module requirements for each qualifier title are noted below. Eligibility for any selected qualifier will be determined by the department and confirmed by the final year Board of Examiners. If the required modules are not successfully completed, your course title will remain as described above without any bracketed addition. Selection of a course qualifier is optional and student can register preferences or opt-out via Online Module Enrolment (eNROL).

None

Rules of assessment

Rules of assessment are the rules, principles and frameworks which the University uses to calculate your course progression and final results.

Additional notes

None

External examiners

External Examiners provide an independent overview of our courses, offering their expertise and help towards our continual improvement of course content, teaching, learning, and assessment. External Examiners are normally academics from other higher education institutions, but may be from the industry, business or the profession as appropriate for the course. They comment on how well courses align with national standards, and on how well the teaching, learning and assessment methods allow students to develop and demonstrate the relevant knowledge and skills needed to achieve their awards. External Examiners who are responsible for awards are key members of Boards of Examiners. These boards make decisions about student progression within their course and about whether students can receive their final award.

Key

Core You must take this module.
You must pass this module. No failure can be permitted.
Core with Options You can choose which module to study.
You must pass this module. No failure can be permitted.
Compulsory You must take this module.
There may be limited opportunities to continue on the course/be eligible for the degree if you fail.
Compulsory with Options You can choose which module to study.
There may be limited opportunities to continue on the course/be eligible for the degree if you fail.
Optional You can choose which module to study.
There may be limited opportunities to continue on the course/be eligible for the degree if you fail.

Year 1 - 2015/16

Exit Award Status
Component Number Module Code Module Title Status Credits PG Diploma PG Certificate
01 EC201-6-FY-CO Macroeconomics (Intermediate) Compulsory 30 Optional
02 EC202-6-FY-CO Microeconomics (Intermediate) Compulsory 30 Optional
03 OPTION FROM DEPARTMENTAL LIST Optional 15 Optional
04 OPTION FROM DEPARTMENTAL LIST Optional 15 Optional
05 OPTION FROM DEPARTMENTAL LIST Optional 15 Optional
06 OPTION FROM DEPARTMENTAL LIST Optional 15 Optional

Exit awards

A module is given one of the following statuses: 'core' – meaning it must be taken and passed; 'compulsory' – meaning it must be taken; or 'optional' – meaning that students can choose the module from a designated list. The rules of assessment may allow for limited condonement of fails in 'compulsory' or 'optional' modules, but 'core' modules cannot be failed. The status of the module may be different in any exit awards which are available for the course. Exam Boards will consider students' eligibility for an exit award if they fail the main award or do not complete their studies.

Programme aims

To provide students with a knowledge of economic principles and an awareness of their application relevant to the scheme of study.

To provide students with the necessary skills of the main analytical methods used in economics.

To establish an awareness of the integration of theory, data, and analysis.

To allow students through the study of economics to acquire critical, analytical and research skills, problem-solving skills and transferable skills.

To provide students with a foundation for further studies in economics.

Learning outcomes and learning, teaching and assessment methods

On successful completion of the programme a graduate should demonstrate knowledge and skills as follows:

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

Learning methods

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.

Assessment methods

Outcomes A1-A6 are assessed throughout the courses comprising the degree by means of written examinations with optional term papers.

Outcomes A1 and A6 are also assessed in certain courses through written tests.

The MSc dissertation (with a maximum length of 10000 words) provides a further opportunity to assess outcomes A1-A6

B: Intellectual and 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: Knowledge of the empirical methods used for the analysis and evaluation of economic issues

Learning methods

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.

Assessment methods

Skills B1-B5 are assessed throughout the courses comprising the degree by means of written examinations with optional term papers.

Skills B1 and B5 are also assessed in certain courses through written tests.

The MSc dissertation provides a further opportunity to assess skills B1-B5

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 and/or historical ideas and arguments coherently in writing.

C4: Use and apply economic terminology and concepts

Learning methods

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.

Assessment methods

Skills C1-C5 are assessed throughout the courses comprising the degree by means of written examinations with optional term papers.
The dissertation also provides a further opportunity to assess skills C1-C5.

Skills C1 and C2 are also informally assessed by student's preparation for each course.

Skill C5 is also assessed in certain courses through written tests.

Skill C6 is assessed through the dissertation.

D: Key skills

D1: Communication in writing, using appropriate terminology and technical language: (a) the articulation of economic theories, (b) the description of economic evidence, (c) the critical assessment of economic arguments and policies

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

Learning methods

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.

Assessment methods

Skills D1-D4 are assessed throughout the courses comprising the degree by means of examinations with optional term papers or written tests.

The dissertation also provides a particular further means for an overall assessment of communication (D1), using IT (D2), problem-solving skills (D4), and self-learning (D6).


Note

The University makes every effort to ensure that this information on its programme specification is accurate and up-to-date. Exceptionally it can be necessary to make changes, for example to courses, facilities or fees. Examples of such reasons might include a change of law or regulatory requirements, industrial action, lack of demand, departure of key personnel, change in government policy, or withdrawal/reduction of funding. Changes to courses may for example consist of variations to the content and method of delivery of programmes, courses and other services, to discontinue programmes, courses and other services and to merge or combine programmes or courses. The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications.

The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.

Contact

If you are thinking of studying at Essex and have questions about the course, please contact Undergraduate Admissions by emailing admit@essex.ac.uk, or Postgraduate Admissions by emailing pgadmit@essex.ac.uk.

If you're a current student and have questions about your course or specific modules, please contact your department.

If you think there might be an error on this page, please contact the Course Records Team by emailing crt@essex.ac.uk.