Graduate Diploma in Economics Tuition
The Graduate Diploma in Economics is made up of four courses.
If you apply for the whole programme you will receive your study materials and tuition service for all four courses.
Our tuition service is also available for individual courses. This may be useful if you wish to enhance your knowledge in a specific area of your studies. You can register for additional teaching support directly through our website. Please ensure that you are already enrolled onto one of our Graduate Diploma programmes and have your student number ready, so we can check your eligibility.
This course deepens the understanding of the basic theory of optimisation by economic agents and the efficiency of the resulting outcome for the market as a whole. It introduces students to the analysis of strategic interaction as well as interaction under asymmetric information. The course aims to clarify the role of economic policies as tools to improve efficiency in the presence of market failures. It promotes the ability to think in a structured framework, and clarify the importance of formal arguments. It demonstrates the art of modelling, which requires simplifying a problem by identifying the key elements without oversimplifying the issue.
This course introduces students to the most influential and compelling theories designed by macroeconomists to explain issues related to the determination of output, unemployment and inflation in both the short and long term. It shows how our understanding of how economic systems operate has evolved substantially. The course explains why the growth rate of aggregate output varies from year to year. Students will acquire a logical and consistent framework for understanding the main macroeconomic facts and events, and develop the ability to employ the correct macroeconomic tool(s) to explain specific macroeconomic issues and justify policy proposals.
Elements of Econometrics
Econometrics is the application of statistical methods to the quantification and critical assessment of hypothetical economic relationships using data. This course gives students an opportunity to develop an understanding of the use of regression analysis and related techniques for quantifying economic relationships and testing economic theories. It equips students to read and evaluate empirical papers in professional journal and provides practical experience of using mainstream regression programmes to fit economic models.
This course is an analytical course in international trade and international finance. Students are introduced to the theories with which to understand international trade patterns, examine trade policies, analyse the determinants of exchange rates and financial crises and address topical issues of international economic interdependence between states. It provides an understanding of the intellectual and practical problems that arise from the economic interaction between countries and provides an account of the sources of the gains from trade.