POSTGRADUATE STUDIES IN ECONOMICS. (Coursework Programs)

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1 School of Economics POSTGRADUATE STUDIES IN ECONOMICS (Coursework Programs) February 2009

2 SCHOOL OF ECONOMICS The University of Queensland Brisbane Queensland 4072 Australia Tel: Fax: enquiries@economics.uq.edu.au Internet: CRICOS Provider Code: 00025B This handbook is not an official document of The University of Queensland. Program and rule information may have been updated. Students are advised to consult the University s website for most current Program, Rule and Course Information.

3 CONTENTS Information - Contacts... Important Dates Teaching Staff Members... 2 Postgraduate Coursework Programs... 3 Postgraduate Course List... 4 General Information (Load, Exemption, Credit)... 7 Graduate Certificate in Economics Graduate Diploma in Economics Master of Business Economics Master of Business Economics (Advanced) Master of Development Economics Master of Development Economics (Advanced) Master of International Economics & Finance Master of International Economics & Finance (Advanced) Master of Economics Graduate Certificate in Health Economics Graduate Diploma in Health Economics Master of Health Economics Master of Health Economics (Advanced) List of Core and Elective Courses Semester Offered Course Details (Brief Descriptions of all Courses in Program Lists) Contacts : Other Schools and Sections... 76

4 SCHOOL OF ECONOMICS CONTACTS Postgraduate Coursework Program: Please contact an Administrative Officer in the first instance regarding your enquiry. Administrative Officers/Advisors Mrs Rachel Panousis, Room (Mon-Wed) MBusEcon & MBusEcon(Adv) GCHEcon, GDipHEcon, MHEcon & MHEcon(Adv) Ms Julie Waldon, Room 657, GCEcon, GDipEcon, MDevEcon & MDevEcon (Adv), MIntEcon&F & MIntEcon&F(Adv),MEcon Academic Postgraduate Program Advisors: Dr Sukhan Jackson, Room 612, GCEcon, GDipEcon, MBusEcon & MBusEcon(Adv), MDevEcon & MDevEcon (Adv), MEcon, GCHEcon, GDipHEcon, MHEcon & MHEcon(Adv) A/Prof. Paul Riethmuller, Room 635, MIntEcon&F & MIntEcon&F(Adv) Research degrees - MPhil & PhD: Chair, Postgraduate Coordinator (Research higher Degrees) A/Prof. Peter Earl: Room 605, Administrative Officer (Honours & Research Higher Degree Programs: PhD & MPhil): Megan Sandaver, Room General Enquiries: Room 659, Colin Clark Building (Bldg. No. 39), or Fax:

5 Postgraduate Studies in Economics : Coursework Programs 2009 Draft FIRST SEMESTER 2009 IMPORTANT DATES 2009 OREINTATION WEEK - Mon. 23 Fri. 27 February Classes Monday 02 March to Thursday 09 April Mid-Semester Break Monday 13 April to Saturday 18 April Classes Monday 20 April to Saturday 06 June Revision period Sunday 07 June to Friday 12 June Examination period Saturday 13 June to Saturday 27 June Semester ends Saturday 27 June Supp/Special Exams Wednesday 22 July to Friday 24 July Graduation Week Monday 20 July to Friday 24 July SECOND SEMESTER 2009 ORIENTATION WEEK - Mon. 20 Fri. 24 July Classes Monday 27 July to Saturday 26 September Mid-Semester Break Monday 28 September to Saturday 3 October Classes Monday 05 October to Saturday 31 October Revision period Sunday 01 November to Friday 06 November Examination period Saturday 07 November to Saturday 21 November Semester ends Saturday 21November Supp/Special Exams Wednesday 16 December to Friday 18 December Graduation Period Monday 07 December to Thursday 24 December SUMMER SEMESTER 2009/10 Classes Monday 30 November 2009 to Thursday 24 December 2009 Mid-Semester Break Friday 25 December 2009 to Friday 01 January 2010 Classes Monday 04 January to Saturday 30 January Revision period Sunday 31 January to Friday 05 February Examination period Saturday 06 February to Saturday 13 February Supp/Special Exams to be confirmed PUBLIC HOLIDAYS 2009 New Year s Day Australia Day Good Friday Easter Monday Anzac Day Labour Day Ipswich Show Day Queen s Birthday Gatton Show Holiday Exhibition Day (expected) Christmas Day Boxing Day Thursday 01 January Monday 26 January Friday 10 April Monday 13 April Saturday 25 April Monday 04 May Thursday 07 May Monday 08 June Monday 10 August (Gatton campus) Wednesday 12 August Friday 25 December Saturday 26 December

6 2 School of Economics TEACHING STAFF MEMBERS for 2009 SCHOOL TEACHING STAFF Phone Alauddin, Dr M. Senior Lecturer Asafu-Adjaye, Dr J. Associate Professor Bodman, A/Prof. P.M. Associate Professor (Honours Advisor) Bracoud, Dr F Lecturer Brown, A/Prof R.P.C. Associate Professor Campbell, Prof H.F. Professor Carbajal Ponce, Dr J.C. Lecturer Carmingnani, Dr F. Senior Lecturer Chen, Dr Y. Lecturer Coelli, Prof T. Professor (Director CEPA) Cook, Dr A. Lecturer Connelly, Prof. L. Professor Duhs, Mr L.A. Senior Lecturer Dwyer, Mr M. Lecturer* Earl, A/Prof P. Associate Professor (Postgraduate Coordinator - Research Higher Degrees) Foster, Prof J. Professor Friesen, Dr L. Senior Lecturer Graff, Dr M. Senior Lecturer Hoang, Mr V. Lecturer* Jackson, Dr S. Senior Lecturer (Postgraduate Coursework Advisor) Karunaratne, Dr N. Lecturer* Kler, Dr P Lecturer* Laurenceson, Dr J. Lecturer Le, Dr T. Lecturer Leeves, Dr G. Senior Lecturer Littleboy, Dr B. Senior Lecturer Lourdan, Dr G. Lecturer Mahadevan, Dr R. Associate Professor Mandeville, Dr T.D. Senior Lecturer Mangan, Prof J.E. Professor [Associate Dean (Research), BEL Faculty] Menezes, Prof F. Professor (Head of School) McDonald, Dr S. Lecturer Mclaine, Mr D. Lecturer* Mitra, Dr S Lecturer Morgan, Dr B. Lecturer* O Donnell, Prof. C. Professor Pitchford, Prof. R. Professor Potts, Dr J. Senior Lecturer Rambaldi, Dr A. Senior Lecturer Richmond, Dr W Lecturer* Riethmuller, A/Prof P.C. Associate Professor (Postgraduate Coursework Advisor) Robinson, Dr J.J. Lecturer Scheelings, Dr. R Lecturer Sherwood, Mr C Associate Lecturer* Strachan, Dr R. Senior Lecturer Takayama, S. Dr Lecturer Tang, Dr K-K. Lecturer Tourky, Prof R. Professor Willis, Dr D. Lecturer Research only McLennan, Prof. A Professor Quiggin, Prof. J. Professor Rao, Prof. P. Professor *Contract Academic staff may not be available to act as an Advisor for students undertaking Economic Projects or Theses.

7 Postgraduate Studies in Economics: Coursework Programs POSTGRADUATE COURSEWORK PROGRAMS * Graduate Certificate in Economics * Graduate Diploma in Economics * Master of Business Economics * Master of Business Economics (Advanced) * Master of Development Economics * Master of Development Economics (Advanced) * Master of International Economics & Finance * Master of International Economics & Finance (Advanced) * Master of Economics * Graduate Certificate in Health Economics * Graduate Diploma in Health Economics * Master of Health Economics * Master of Health Economics (Advanced)

8 4 School of Economics LIST OF CORE & ELECTIVE COURSES SEMESTER OFFERED IN 2009 School of Economics courses (ECON) are all offered as Internal (Int) courses except where noted Course Code Course Name Semester Old Subject Code or Comments ECON7010 Microeconomics for Business 1, 2, Sum EC865 ECON7020 Macroeconomics for Business 1, 2, Sum EC866 ECON7030 Microeconomic Analysis 1 EC840 ECON7040 Macroeconomic Analysis 1, 2 (2009) EC842 ECON7060 Evolution of Economic Systems 2 ECON7200 Economics of Financial Markets 2 EC802 ECON7230 Trading Floor & Financial Economics 1 ECON7300 Statistics for Business & Economics 1, 2 EC834 ECON7310 Elements of Econometrics 1 EC843 ECON7320 Advanced Applied Econometrics 1 EC860 ECON7322 Business & Economic Decision Techniques 2 EC736 ECON7330 Econometrics 2 Intensive EC861 ECON7340 Inter-Industry Economic Modelling 1 (Not 2009) ECON7350 Applied Econometrics for Finance & 2 Macrroeconomics ECON7360 Applied Econometrics for Microeconomics 1 ECON7370 Special Topics in Econometrics 2 Intensive ECON7400 International Industry Economics 1 + sum (tbc) EC847 ECON7410 Advanced Managerial Economics 2 EC876 ECON7420 Information Economics 2 (Not 2009) EC872 ECON7430 Competition & Regulation Policy 2 EC846 ECON7440 Public Economics 2 EC850 ECON7460 Health Economics 1 Ext, 2 Int EC857 ECON7510 Economic Development (H&D) 2 EC873 ECON7520 International Monetary Economics 1 + sum (tbc) EC845 ECON7530 International Trade & Investment 2 + sum (tbc) EC871 ECON7540 Economics of Innovation & Entrepreneurship 1 ECON7550 Global Banking & Economic Institutions 1 ECON7560 Globalisation & Economic Development (H&D) 2 ECON7570 Contemporary Issues in Economic Development 1 ECON7720 Ecological & Environmental Economics 2 EC856 ECON7730 Natural Resource Economics 1 EC878 ECON7740 Benefit/Cost Analysis & Project Evaluation A 2 Intensive EC874 (EE) ECON7750 Benefit/Cost Analysis & Project Evaluation B 2 Intensive EC875 (EE) ECON7800 Personnel Economics for Business 1 (Not 2009) ECON7810 Economic Evaluation & Health (EE) 1 ECON7830 Health Economics & Policy 2 ECON7840 Health & Economic Development (H&D) 2 ECON7850 Research Thesis (#8) (ECON7850, 7851, 7852) 1, 2, year Requires approval ECON7900 Special Unit 1, 2 EC854 ECON7910 Research Report (#2) 1, 2 EC869 ECON7920 ECON7921 ECON7922 ECON7930 ECON7931 ECON7932 Economic Project (#4) (semester 1 or 2 or summer only) Economic Project (#4) (year commencing semester 1) Economic Project (#4) (year commencing semester 2) Thesis (#4) (semester 1 or 2 or summer only) Thesis (#4) (year commencing semester 1) Thesis (#4) (year commencing semester 2) 1, 2, sum Year Year 1, 2, sum Year Year EC859 EC899

9 Postgraduate Studies in Economics: Coursework Programs Course Code Course Name Semester Old Subject Code or Comments ECON7940 Masters Thesis (#6) (semester 1 or semester 2) 1, 2 Restricted: ECON7941 Masters Thesis (#6) (year commencing semester 1) Year MEcon (2008->); ECON7942 Masters Thesis (#6) (year commencing semester 2) Year MDevEcon(Adv) ECON8010 Microeconomics A (MEcon program) 1 Restricted: MEcon ECON8020 Macroeconomics A (MEcon program) 1 Restricted: MEcon ECON8030 Macroeconomics B (MEcon program) 2 Restricted: MEcon ECON8040 Macroeconomics B (MEcon program) 2 Restricted: MEcon School of Natural and Rural Systems Management courses ENVM7520 Environment and Development 2 MDevEcon UQ Business School courses FINM7401 Finance 1, 2 BSFN7401 CO815/COMM7501 FINM7402 Corporate Finance 1, 2 BSFN7402 CO851/COMM7503 FINM7403 Portfolio Management 1 Sum (tbc) BSFN7403 CO818/COMM7502 FINM7405 Financial Risk Management 1, 2 BSFN7405 CO853/COMM7505 FINM7406 International Financial Management 1, 2 BSFN7406 CO854/COMM7506 IBUS7302 Operating International Business 1, 2 BSEB7302 BF841/MGMT7400 IBUS7312 Doing Business in Asia 2 BSEB7312 BF877/MGMT7402 TC Beirne School of Law courses LAWS7010 Legal Environment of Business 1 CO812/COMM7201 LAWS7852 International Trade Law 1 (Intensive) LA880 School of Geography, Planning and Architecture courses PLAN7614 Urban Management & Governance in 2 MDevEcon Developing Countries PLAN7637 Urban Land & Housing in Developing Countries Tbc MDevEcon School of Political Science & International Studies courses POLS7107 Globalisation, International Policy Economy & 1 MDevEcon Development POLS7206 Development Administration 1 MDevEcon POLS7302 Politics of Development 2 MDevEcon

10 6 School of Economics Course Code Course Name Semester Old Subject Code or Comments School of Population Health courses MHEcon (& Adv) PUBH7014 Health Financing (H&D) 2 Int & Ext PUBH7021 Evaluation in Public Health (EE) 1 Int PUBH7100 International Disease Control Priorities (H&D) 2 Int & Ext PUBH7108 Project Planning for International Health (H&D) 2 Int & Ext tbc PUBH7113 Health and Development (H&D) 1 Int & Ext PUBH7115 Mortality Analysis (H&D) 2 Int PUBH7600 Introduction to Epidemiology 1&2 Int & SP801&899/SM801 Ext PUBH7610 Applied Research & Practice 2 Int & Ext PUBH7611 Principles of Epidemiology 1 Int & Ext PUBH7612 Control of Non-Communicable Disease 2 Int SP806/SM830 PUBH7614 Health Systems Organisation & Management 1 Int & Ext (H&D) 2 Ext only PUBH7616 Burden of Disease Methods (EE) Sum Intensive Block (tbc) PUBH7617 Pharmacoeconomics (EE) 2 Int PUBH7618 Cost Effectiveness in Health & Medicine (EE) 2 Intensive Block PUBH7645 International Health Policy (H&D) 2 Int PUBH7650 Evidence Based Health Care 1 Ext PUBH7651 Systematic Reviews of Evidence 2 Not 2009 PUBH7670 Injury Prevention & Control 2 Int & Ext All courses are held internally on the St. Lucia campus, except where indicated. School of Economics courses: The majority of Economics courses are offered only once per year with the exception of ECON7010, 7010 & 7300 and the dissertation type courses. School of Population Health courses (PUBH7xxx) are held at the Herston Campus. A number of courses are offered in both internal (Int) and external (Ext) mode or external mode only. Summer semester course offerings for the following summer semester are to be confirmed at a later date each year. Semester offerings: The semester a course is offered in does not normally change so that students can plan their program of study. Circumstances may arise which necessitate a change in semester offered so please check the course catalogue and timetable each year to confirm this information. A LIST OF ALL BRIEF COURSE DESCRIPTIONS COMMENCES ON PAGE 51 FOR THE MOST UP-TO-DATE COURSE DESCRIPTIONS AND OFFERING REFER TO THE UQ COURSES & PROGRAMS INFORMATION:

11 Postgraduate Studies in Economics: Coursework Programs ENROLMENT REQUIREMENTS All Postgraduate Coursework students should enrol in both Semester 1 & Semester 2 courses at the beginning of the year by the required dates as specified in the Enrolment Guide available online. If necessary, you may change both your Semester 1 and Semester 2 enrolment in specific courses by the appropriate date specified in the Enrolment Guide. Changes can be made on the student system until the end of week 2 in the applicable semester. Students may enrol in Summer Semester courses (undertaken in intensive mode) at the appropriate time each year and make any changes to their enrolment by the required dates indicated in the Summer Semester Important Dates information. COURSEWORK PROGRAMS Coursework programs in Economics at The University of Queensland offer students the opportunity to enter postgraduate study following undergraduate qualification in any field of study including economics. Entry to the Master of Economics coursework program requires specific undergraduate qualifications in Economics (Bachelor of Economics degree or equivalent). Candidates who have no, or only limited, previous study in microeconomics, macroeconomics or quantitative analysis (statistics) are usually required to take these courses as part of the compulsory core of courses in the majority of these programs. It is possible for candidates undertaking the Graduate Diploma to proceed to one of the coursework Masters degree program. If full credit for the previous study is to be transferred, credit may be maximised by planning a program of study to fulfil the requirements of the Masters degree award, but within the rules & requirements of the initial Graduate Diploma program. In case it is not possible to continue it would be possible to then graduate with the Graduate Diploma. Master of Health Economics (and Advanced) students commencing in the Graduate Diploma in Health Economics should plan their program of study with this in mind also. It is not necessary to commence the Graduate Certificate or Diploma program unless an entry requirement for direct entry to a particular masters program has not been met. Students with a sufficiently high GPA and research component within their coursework masters may fulfil the entry requirements to proceed with a research Masters degree (MPhil) or a PhD program. For full details of admission requirements/procedures and the Rules for the MPhil and PhD please refer to details on the UQ Courses & Programs web site and further information from the Graduate School web site:

12 8 School of Economics Normal Program Course Study Load The accepted normal (full-time) enrolment in a coursework program is 4 x 2 unit (#2) courses per semester; commencing students are advised not to exceed the normal load. Normal limit of #8 per semester may be exceeded (to #10) if a student achieves in their previous full-time semester a GPA of 4.5 or higher. Summer semester enrolment limit maximum is #6. Passing Grades for Degree Completion To obtain credit for a course completed towards a postgraduate program, a student must achieve a grade of 4 or higher. Credit and/or Exemption on the basis of previous studies Students who wish to apply for credit and/or exemption on the basis of course/s passed at another tertiary institution should supply full descriptions of course content (preferably detailed course outline/s as handed out by lecturers) and include the weighting in the previous degree/diploma course and results obtained. Exemptions on the basis of equivalent undergraduate study Exemption is normally granted from a postgraduate course where the applicant has completed an equivalent undergraduate course. The exempted course(s) are to be replaced with alternative course(s) from each program s elective list of courses. It is possible to request to include one non-schedule elective course. Head of School approval is necessary in this instance. See program information for additional information. Credit for Previous Equivalent Postgraduate Study In general only limited credit (if any) may be granted from courses credited towards a previous postgraduate award, and credit is granted only where equivalence with a University of Queensland courses is established. Credit reduces the number of courses required to be undertaken to complete a program. Credit for postgraduate courses already credited towards a completed award, maximum credit is as follows: Graduate Certificate in Economics nil Graduate Diploma in Economics (#4) Master of Business Economics (#8) Master of Business Economics (Advanced) (#8) Master of Development Economics (#8) Master of Development Economics (Advanced) (#8) Master of International Economics and Finance (#8) Master of International Economics and Finance (Advanced) (#8) Master of Economics (#12) Graduate Certificate in Health Economics nil Graduate Diploma in Health Economics (#4) Master of Health Economics (#8) Master of Health Economics (Advanced) (#8) The Executive Dean may also grant credit for up to one half of the units required for a specific program for postgraduate courses not credited towards a completed award. To retain full credit in a suite of programs, students should not graduate with the shorter award.

13 Postgraduate Studies in Economics: Coursework Programs POSTGRADUATE PROGRAM REQUIREMENTS program requirements & rules can be accessed via the web courses & programs Business, Economics, Tourism and Law select program from list or and search for program, or course, by name NON-SCHEDULE ELECTIVE COURSE FOR CREDIT All School of Economics postgraduate programs allow students to take with Head of School approval, one #2 course from a restricted list of courses from outside the electives list for their program. Approval of a course from outside the specified list also requires the approval of the Associate Dean (Academic) BEL Faculty. Applications for approval of one #2 non-schedule elective should be made on the appropriate form and submitted to the Administrative Officer for your program for processing. A request may not be retrospectively approved.

14 10 School of Economics GRADUATE CERTIFICATE IN ECONOMICS (GCEcon) This qualification provides economics training, and is equally accessible and beneficial to economics and non-economics graduates. Students gain an understanding of important (or core) economic concepts, opening the way for graduates to undertake further study if they desire. Obtaining a higher qualification in economics is a career investment. Analytical ability, critical thinking and logic are highly valued commodities, and graduates of this program have the ability to succeed in a dynamic and an increasingly competitive environment. Courses develop knowledge in core economic principles and applications, while electives focus on specific areas, including international trade; environmental and natural resource management; health; public sector management; business economics; and economic modelling. In obvious and subtle ways, economics permeates our daily lives and has far reaching impacts. Graduates equipped with an advanced understanding of these forces and issues are an asset to any organisation. Candidates who have little or no prior formal economics background must study Microeconomics for Managers, Macroeconomics for Managers and Statistics for Business and Economics Summary Graduate Certificate in Economics Faculty: Business, Economics & Law Campus: St. Lucia Degree type: Coursework Total #: 8 Duration: 1 semester full-time or part-time equivalent Commencing: Semester 1 or 2 or summer Admission requirements: A Bachelors degree or equivalent MINIMUM ENTRY REQUIREMENT: A degree or appropriate tertiary qualification in any field with GPA 4.0. PROGRAM OF STUDY: A candidate shall obtain #8 comprising (a) (b) #6 for courses in Part A (ECON7010, ECON7020 and ECON7300) of the GCEcon List (unless a student has previously passed the equivalent courses) and #2 the balance from Part B (plus courses in lieu of exemptions from Part A) of the GCEcon List. With Head of School approval, a student may include, as an elective, #2 of level 3 ECON or level 7 ACCT, FINM, IBUS, INFS, MGTS, MKTG, ORGC, TIMS or ECON courses. Approval may be possible for a course from outside this list. Written approval from the Head of School via the Administrative Officer for your program must be obtained.

15 Postgraduate Studies in Economics: Coursework Programs GRADUATE CERTIFICATE IN ECONOMICS PROGRAM COURSE LIST Course Code # Course name Part A Compulsory #6 ECON Microeconomics for Business ECON Macroeconomics for Business ECON Statistics for Business & Economics Part B Electives #2 ECON Economics of Financial Markets ECON Trading Floor & Financial Economics ECON Elements of Econometrics ECON Applied Econometrics for Macroeconomics & Finance ECON Applied Econometrics for Microeconomics ECON International Industry Economics ECON Advanced Managerial Economics ECON Information Economics ECON Competition & Regulation Policy ECON Public Economics ECON Health Economics ECON Global Banking and Economic Institutions ECON Contemporary Issues in Economic Development ECON Ecological & Environmental Economics ECON Natural Resource Economics ECON Benefit/Cost Analysis & Project Evaluation A ECON Personnel Economics for Business Or one #2 non-schedule course. Written approval of Head of School required via the Administrative Officer for your program. All courses may not be offered each year, please refer to course details &semester offerings on page 51. Sample study plans ECON7010 Microeconomics for Business is a pre-requisite for the majority of other non-quantitative Economics postgraduate courses. Commencing in 1 st semester (Feb/March) Full-time ECON7010 Microeconomics for Business ECON7020 Macroeconomics for Business ECON7300 Statistics for Business & Economics Elective course from program list Commencing in 1 st semester (Feb/March) Part-time ECON7010 Microeconomics for Business ECON7020 Macroeconomics for Business Commencing in 2nd semester (July) ECON7010 Microeconomics for Business ECON7020 Macroeconomics for Business Commencing in 2 nd semester (July) Full-time ECON7010 Microeconomics for Business ECON7020 Macroeconomics for Business ECON7300 Statistics for Business & Economics Elective course from program list plus 2 nd semester ECON7300 Statistics for Business & Economics Elective plus 1 st semester ECON7300 Statistics for Business & Economics Elective

16 12 School of Economics GRADUATE DIPLOMA IN ECONOMICS (GDipEcon) This qualification provides economics training at a greater depth than the Graduate Certificate and is equally accessible and beneficial to economics and non-economics graduates. Students gain an understanding of core economic concepts, opening the way for graduates to undertake further study if they desire. Obtaining a higher qualification in economics is a career investment. Analytical ability, critical thinking and logic are highly valued commodities, and graduates of this program have the ability to succeed in a dynamic and an increasingly competitive environment. Courses develop knowledge in core economic principles and applications, while electives focus on specific areas, including international trade; environmental and natural resource management; health; public sector management; business economics; and economic modelling. In obvious and subtle ways, economics permeates our daily lives and has far reaching impacts. Graduates equipped with an advanced understanding of these forces and issues are an asset to any organisation. Summary Graduate Diploma in Economics Faculty: Business, Economics & Law Campus: St. Lucia Degree type: Coursework Total #: 16 Duration: 2 semester full-time, or part-time equivalent Commencing: Semester 1 or 2 or summer Admission requirements: A Bachelors degree or equivalent MINIMUM ENTRY REQUIREMENT: Bachelor s degree in any field with GPA 4.0. PROGRAM OF STUDY: A candidate shall obtain #16 comprising (a) (b) #6 for courses in Part A (ECON7010, ECON7020 and ECON7300 unless an equivalent course(s) has previously been passed); and The balance from Part B (plus courses in lieu of exemptions from Part A) of the GDipEcon List. With Head of School approval, a student may include, as an elective, #2 of level 3 ECON or level 7 ACCT, FINM, IBUS, INFS, MGTS, MKTG, ORGC, TIMS or ECON courses. Approval may be possible for a course from outside this list. Written approval from the Head of School via the Administrative Officer for your program must be obtained.

17 Postgraduate Studies in Economics: Coursework Programs GRADUATE DIPLOMA IN ECONOMICS PROGRAM COURSE LIST Course Code # Course name Part A Compulsory #6 ECON Microeconomics for Business ECON Macroeconomics for Business ECON Statistics for Business & Economics Part B Electives #10 ECON Microeconomic Analysis ECON Macroeconomic Analysis ECON Evolution of Economic Systems ECON Economics of Financial Markets ECON Trading Floor & Financial Economics ECON Elements of Econometrics ECON Advanced Applied Econometrics ECON Business & Economics Decision Techniques ECON Advanced Econometric Theory ECON Inter-Industry Economic Modelling ECON Applied Econometrics for Macroeconomics & Finance ECON Applied Econometrics for Microeconomics ECON Special Topics in Econometrics ECON International Industry Economics ECON Advanced Managerial Economics ECON Information Economics ECON Competition & Regulation Policy ECON Public Economics ECON Health Economics ECON Economic Development ECON International Monetary Economics ECON International Trade & Investment ECON Economics of Innovation & Entrepreneurship ECON Global Banking & Economic Institutions ECON Globalisation and Economic Development ECON Contemporary Issues in Economic Development ECON Ecological & Environmental Economics ECON Natural Resource Economics ECON Benefit/Cost Analysis & Project Evaluation A ECON Benefit/Cost Analysis & Project Evaluation B ECON Personnel Economics for Business ECON Economic Evaluation & Health ECON Health Economics and Policy ECON Health and Economic Development ECON Special Unit Or one of the following - ECON Economic Project ECON Economic Project ECON Economic Project Or one non-schedule #2 course. Written approval of Head of School required via the Administrative Officer for your program Not all courses may be offered each year refer to course details & semester offered on page 51.

18 14 School of Economics MASTER OF BUSINESS ECONOMICS (MBusEcon) The Master of Business Economics provides strong foundation in economic principles and meets the needs of decision-makers and advisors in business and related areas. This program does not presume prior knowledge or training in economics. It is designed for existing and aspiring middle and upper managers and develops the economic skills and problem-solving competencies necessary to deal with the management challenges of rapid change and increasing business complexity. Students develop a critical ability in applying economics to practical scenarios. Diverse courses span both traditional and emerging economic fields. The program covers topics such as advanced managerial economics; regulation and competition policy; benefit/cost analysis; international industry economics; and financial markets economics. Students are given the opportunity demonstrate their understanding and skills through research reports or economic projects. Electives include natural resource and environmental economics; health economics; international trade and investment; international monetary economics; innovation and entrepreneurship; government expenditure; and taxation policy. The program produces business professionals with the multidisciplinary background required in economics and business; lateral thinkers who are analytically strong and adaptable. Summary Master of Business Economics Faculty: Business, Economics & Law Campus: St. Lucia Degree type: Coursework Total #: 24 Duration: 3 semesters full-time or part-time equivalent Commencement: Semester 1 or 2 or 3 Admission requirements: A Bachelors degree or equivalent MINIMUM ENTRY REQUIREMENT: Bachelor s degree in any field with GPA 4.5. PROGRAM OF STUDY: A candidate must obtain #24 from the Program Course List*, comprising :- (a) (b) #16 from Part A Compulsory Core Courses; and #8 from Part B Elective Courses (plus courses in lieu of exemptions); With Head of School approval, a student may include, as an elective, #2 of level 3 ECON or level 7 ACCT, FINM, IBUS, INFS, MGTS, MKTG, ORGC, TIMS or ECON courses. Approval may be possible for a course from outside this list. Written approval from the Head of School via the Administrative Officer for your program must be obtained. * A candidate may not obtain credit for courses which are, in the opinion of the Dean, substantially similar to courses passed previously while enrolled for another award. STUIDENTS WHO POTENTIALLY WISH TO PURSUE PhD STUDIES SHOULD REFER TO THE ADVANCED PROGRAM.

19 Postgraduate Studies in Economics: Coursework Programs MASTER OF BUSINESS ECONOMICS PROGRAM COURSE LIST Course Code # Course Title PART A Compulsory #16 ECON Microeconomics for Business ECON Macroeconomics for Business ECON Economics of Financial Markets ECON Statistics for Business & Economics ECON International Industry Economics ECON Advanced Managerial Economics ECON Competition & Regulation Policy ECON Benefit/Cost Analysis & Project Evaluation A PART B Electives #8 ECON Microeconomic Analysis (core course in Advanced program) ECON Macroeconomic Analysis (core course in Advanced program) ECON Evolution of Economic Systems ECON Trading Floor and Financial Economics ECON Elements of Econometrics (core course in Advanced program) ECON Business & Economic Decision Techniques ECON Inter-Industry Economic Modelling ECON Applied Econometrics for Macroeconomics & Finance ECON Applied Econometrics for Microeconomics (either ECON7350 or ECON7360 is a core course in Advanced program) ECON Special Topics in Econometrics ECON Information Economics ECON Public Economics ECON Health Economics ECON Economic Development ECON International Monetary Economics ECON International Trade & Investment ECON Economics of Innovation & Entrepreneurship ECON Global Banking & Economic Institutions ECON Globalisation & Economic Development ECON Contemporary Issues in Economic Development ECON Ecological & Environmental Economics ECON Natural Resource Economics ECON Benefit/Cost Analysis & Project Evaluation B ECON Personnel Economics for Business ECON Special Unit IBUS Operating International Business IBUS Doing Business in Asia LAWS Legal Environment of Business Or one of the following ECON Economic Project ECON Economic Project ECON Economic Project Or one non-schedule #2 course. Written approval of Head of School required via the Administrative Officer for your program. Not all courses may be offered each year refer to course details & semester offerings on page 51. STUIDENTS WHO POTENTIALLY WISH TO PURSUE PhD STUDIES SHOULD REFER TO THE ADVANCED PROGRAM.

20 16 School of Economics Master of Business Economics Example Study Plans Possible study program to complete the MBusEcon award within three semesters* of full-time study. Students WITHOUT an economics background will most likely be required to complete all eight compulsory core courses plus four elective courses. ECON7010 and 7020 required to be undertaken in your 1st semester of study. Commencing in 1st Semester (Feb/March) 1st semester 2nd semester 1st semester ECON7010 ECON7200 ECON7400 ECON7020 ECON Elective Course ECON7300 ECON Elective Course + Elective Course ECON Elective Course all compulsory courses offered in 2nd semester only (pre-requisites: ECON7010 and/or ECON7020, ECON7300 Commencing in 2nd Semester (July) 2nd semester 1st semester 2nd semester ECON7010 ECON7400 ECON7200 ECON Elective Course ECON7410 ECON7300 (or in 1st semester) + Elective Course ECON Elective Course + Elective Course ECON7740 all compulsory courses offered in 2nd semester only (prerequisites: ECON7010 and/or ECON7020, ECON7300 * This plan does not include summer semester. It may be possible for students to enrol in courses from a small selection offered in intensive mode over the summer semester by the School of Economics and the UQ Business School. This may reduce the course load in subsequent semesters. ECON7400, ECON7520 & ECON7530 may potentially be offered in summer semester.

21 Postgraduate Studies in Economics: Coursework Programs Students WITH an economics background will most likely receive exemptions (perhaps from ECON7010/7020/7300) and if so will be required to complete five compulsory core courses plus seven elective courses. Exemptions may also be applicable for other core courses. Commencing in 1st Semester (Feb/March) 1st semester 2nd semester 1st semester ECON7400 (or in alternate 1st semester) ECON Elective Course + Elective Course ECON Elective Course + Elective Course ECON Elective Course + Elective Course ECON Elective Course all compulsory courses offered in 2nd semester only Commencing in 2nd Semester (July) 2nd semester 1st semester 2nd semester ECON7200 (or in alternate 2nd semester) ECON7430 (or in alternate 2nd semester) ECON7740 (or in alternate 2nd semester) ECON7410 (or in alternate 2nd semester) Plan allows for a combination of compulsory & elective courses ECON Elective Course + Elective Course + Elective Course + Elective Course + Elective Course + Elective Course + Elective Course * This plan does not include summer semester. It may be possible for students to enrol in courses from a small selection offered in intensive mode over the summer semester by the School of Economics and the UQ Business School. This may reduce the course load in subsequent semesters. ECON7400, ECON7520 & ECON7530 may potentially be offered in summer semester.

22 18 School of Economics MASTER OF BUSINESS ECONOMICS (Advanced) [MBusEcon(Adv)] The Master of Business Economics is an advanced graduate program that has been specifically tailored to meet the needs of decision-makers and policy advisers in business. Rapid change coupled with increasing business complexity is a challenge for management across all sectors, and 'economics-savvy' employees are a premium asset. This program does not presume prior knowledge or training in economics, and seeks to give existing and aspiring middle and upper managers necessary problem-solving skills, dovetailing with previous undergraduate training. The desired result is a professional who has the multidisciplinary background needed in economics and business today, a person who is a lateral thinker, analytically strong and adaptable. The Master of Business Economics (Advanced) program has been designed for students who may wish to apply for entry into the PhD program through the School of Economics. The PhD program offered through the Graduate School requires as one of their conditions of entry that the coursework Masters program must include 25% research. This can be fulfilled by completing the #4 Economic Project followed by the #4 Thesis. Students not intending to undertake PhD study may undertake 4 x #2 courses instead of the economic project & thesis. Summary Master of Business Economics (Advanced) Faculty: Business, Economics & Law Campus: St. Lucia Degree type: Coursework Total #: 32 Duration: 4 semesters full-time or part-time equivalent (Students who have minimal or no economics background may be required to undertake a non-standard load in each of two semesters to enable completion of the program in 4 full-time semesters where they wish to complete a research orientated program. Please refer to the example study plan for further detail.) Commencement: Semester 1 or 2 or 3 Admission requirements: A Bachelors degree or equivalent MINIMUM ENTRY REQUIREMENT: Bachelor s degree in any field with a GPA of PROGRAM OF STUDY: A candidate must obtain #32 from the Program Course List*, comprising:- #32 from Part C Compulsory Courses (#24 comprising ECON7010, 7020, 7030, 7040, 7200, 7300, 7310, (7350 or 7360), 7400, 7410, 7430, & 7740) Plus : Either #8 Part B elective courses from the MBusEcon electives list Or #8 comprising ECON7920 Economic Project and ECON7930 Thesis if exemptions are approved, electives are to be chosen from Part B courses. With Head of School approval, a student may include, as an elective, #2 of level 3 ECON or level 7 ACCT, FINM, IBUS, INFS, MGTS, MKTG, ORGC, TIMS or ECON courses. Approval may be possible for a course from outside this list. Written approval from the Head of School via the Administrative Officer for your program must be obtained. * A candidate may not obtain credit for courses which are, in the opinion of the Dean, substantially similar to courses passed previously while enrolled for another award.

23 Postgraduate Studies in Economics: Coursework Programs MASTER OF BUSINESS ECONOMICS (Advanced) PROGRAM COURSE LIST Course Code # Course Title Part C MBusEcon (Adv) only ECON Microeconomics for Business ECON Macroeconomics for Business ECON Microeconomic Analysis ECON Macroeconomic Analysis ECON Economics of Financial Markets ECON Statistics for Business & Economics ECON Elements of Econometrics [ECON Applied Econometrics for Macroeconomics & Finance* [ or [ECON Applied Econometrics for Microeconomics* ECON International Industry Economics ECON Advanced Managerial Economics ECON Competition & Regulation Policy ECON Benefit/Cost Analysis & Project Evaluation A plus one of the following - ECON Economic Project ECON Economic Project ECON Economic Project one of the following ECON Thesis ECON Thesis ECON Thesis or #8 from Part B (MBusEcon program list) to replace the Economic Project and Thesis Students in the advanced program may replace the #4 Economic Project and #4 Thesis with #8 courses from Part B (electives) from the MBusEcon program list. See MBusEcon electives list on previous pages. * Students are required to take one of either ECON7350 Applied Econometrics for Macroeconomics & Finance (offered in 2 nd semester only) or ECON7360 applied Econometrics for Microeconomics (offered in 1 st semester only from 2009). The pre-requisite for both courses is ECON7310. Progress to the (Research) PhD Program Students wishing to potentially proceed to the research MPhil or PhD are normally required to complete the Master of Business Economics (Advanced) program. This (#32) program includes specific extra compulsory coursework ECON7030, 7040, 7310, 7360 or 7350 and a #4 Economic Project and #4 Thesis. It is a set program unless exemptions are granted. The Advanced program has a research component that will fulfil one of the entry requirements for the PhD program at UQ. Possible progression to a research higher degree should be discussed with the Research Higher Degree Advisor.

24 20 School of Economics EXAMPLE STUDY PLANS FOR MASTER OF BUSINESS ECONOMICS ADVANCED PROGRAM Students NOT taking ECON7920 Economic Project and ECON7930 Thesis will be able to even out their study semesters. Pre-requisite courses scheduled prior to the next level of courses in plans below. Master of Business Economics (Advanced) Program Students commencing in 1 st semester (Feb/March) (without economics background) Year 1 Year 2 Semester 1 Semester 2 Semester 1 Semester 2 ECON7010 ECON7200 ECON7030 ECON7350 ECON7020 ECON7410 ECON7040 ECON7740 CORE ECON7300 ECON7430 ECON7310 ECON7930 (#4) ECON7920 (#4) ECON7400 (#6) (#10) (#8) (#8) ECON7920 could be split over year (sem 2 & Total Units = (#32) sem 1 or taken in summer semester with prior approval) 3 semesters WILL NOT complete MBusEcon requirements (#24) if discontinuing MBusEcon (Adv) studies unless ECON7740 is a core MBusEcon Part A course Please note: NON-STANDARD semesters are required to complete this program if no exemptions. If exempt from ECON7300 Statistics, ECON7310 could be completed in year 1 semester 1 potentially allowing for the equalizing of semester loads to #8 per semester. Both ECON7350 (sem 2) & ECON7360 (sem 1) require ECON7310 completed as a pre-requisite ECON7400, ECON7920 & ECON7930 may potentially be offered as summer semester courses Master of Business Economics (Advanced) Program Students commencing in 2 nd semester (July) (without economics background) Year 1 Year 2 Semester 2 Semester 1 Semester 2 Semester 1 ECON7010 ECON7040 ECON7200 ECON7360 ECON7020 ECON7310 ECON7410 ECON7030 ECON7300 ECON7400 ECON7430 ECON7930 (#4) ECON7920 (#4) ECON7740 (#6) (#10) (#8) (#8) Total Units = (#32) 3 semesters WOULD complete MBusEcon requirements (#24) if discontinuing MBusEcon (Adv) studies Please note: NON-STANDARD semesters are required to complete this program if no exemptions. Both ECON7350 (sem 2) & ECON7360 (sem 1) require ECON7310 completed as a pre-requisite ECON7400, ECON7920 & ECON7930 may potentially be offered as summer semester courses In 2009 ECON7040 is offered in both 1 st and 2 nd semesters.

25 Postgraduate Studies in Economics: Coursework Programs Master of Business Economics (Advanced) Program Students commencing in 1 st semester (Feb/March) (with economics background^) Year 1 Year 2 Semester 1 Semester 2 Semester 1 Semester 2 ECON7030 ECON7200 ECON7360 Elective ECON7040 ECON7410 Elective Elective ECON7310 ECON7430 ECON7920 (#4) ECON7930 (#4) ECON7400 ECON7740 (#8) (#8) (#8) (#8) Total Units = (#32) 3 semesters WOULD complete MBusEcon requirements (#24) if discontinuing MBusEcon (Adv) studies ^ Study Plan assuming exemptions from ECON7010, 7020 & Both ECON7350 (sem 2) & ECON7360 (sem 1) require ECON7310 as a pre-requisite ECON7400, ECON7920 & ECON7930 may be offered as summer semester courses Master of Business Economics (Advanced) Program Students commencing in 2 nd semester (July) (with economics background^) Year 1 Year 2 Semester 2 Semester 1 Semester 2 Semester 1 ECON7200 ECON7030 Elective Elective ECON7410 ECON7040 ECON7350 Elective ECON7430 ECON7310 ECON7920 (#4) ECON7930 (#4) ECON7740 ECON7400 (#8) (#8) (#8) (#8) Total Units = (#32) 3 semesters WOULD complete MBusEcon requirements (#24) if discontinuing MBusEcon (Adv) studies ^ Study Plan assuming exemptions from ECON7010, 7020 & Both ECON7350 (sem 2) & ECON7360 (sem 1) require ECON7310 as a pre-requisite ECON7400 and ECON7920 and ECON7930 may be offered as summer semester courses These are example study plans only and it is possible to rearrange courses in their specified semester of offering. Most courses are only offered once per year in a specific semester. Please refer to the complete list of core and elective course offerings on page 51.

26 22 School of Economics MASTER OF DEVELOPMENT ECONOMCS (and Advanced) Programs MDevEcon and MDevEcon (Adv) This program is strongly differentiated from typical development-related programs in that it has a strong emphasis on quantitative techniques in econometrics and course can be taken in benefit/cost analysis and operations research. It is also unique in offering students training in how to model the economy as a complex, evolving system, which is highly appropriate in understanding economic development. Graduates will have training in economic modelling and statistical techniques, in addition to the key analytical frameworks in the field of economic development. Given the strong quantitative emphasis of the program, care has been taken to offer a range of electives of a less quantitative nature, including courses offered by four other Schools. The elective list is extensive enough to allow study in fields such as: health; environment; innovation and competition policy; international economics and politics; quantitative techniques for project appraisals. The Advanced program is designed for students potentially wishing to pursue further research studies i.e. PhD. The program includes a 25% research component comprising an Economic Project and Thesis or a Research Report & Thesis Summary Master of Development Economics Faculty: Business, Economics & Law Campus: St. Lucia Degree type: Coursework Total #: 24 Duration: 3 semesters full-time or part-time equivalent Commencing: Semester 1 or 2 Admission requirements: A Bachelors degree or equivalent with GPA 4.5 PROGRAM OF STUDY: A candidate must obtain #24 comprising* :- (a) #16 from Part A Core Courses; and (b) #8 (plus courses in lieu of exemptions) from Part B Elective Courses; Summary Master of Development Economics (Advanced) Faculty: Business, Economics & Law Campus: St. Lucia Degree type: Coursework Total #: 32 Duration: 4 semesters full-time or part-time equivalent Commencing: Semester 1 or 2 Admission requirements: A Bachelors degree or equivalent with GPA 4.75 PROGRAM OF STUDY: A candidate must obtain #32 comprising* :- (a) #16 from Part A Core Courses; and (b) #8 (plus courses in lieu of exemptions) from Part B Elective Courses; (c) #8 from Part C Core Courses (ECON7920 & 7930; or ECON7910 & 7940) With Head of School approval, a student may include, as an elective, #2 of level 7 ECON, ENVM, PLAN, POLS & PUBH courses. Approval may be possible for a course from outside this list. (To be finalized) Written approval from the Head of School via the Administrative Officer for your program must be obtained. *A candidate may not obtain credit for courses which are, in the opinion of the Dean, substantially similar to a course passed previously while enrolled for another award.

27 Postgraduate Studies in Economics: Coursework Programs MASTER OF DEVELOPMENT ECONOMICS PROGRAM COURSE LIST Course Code # Course Name Part A Compulsory (#16) ECON ECON ECON ECON ECON ECON ECON ECON Microeconomics for Business Macroeconomics for Business Evolution of Economic Systems (new course) Statistics for Business & Economics Elements of Econometrics Globalisation & Economic Development Economic Development Contemporary Issues in Economic Development (new course) Part B Electives (#8) ECON Business & Economic Decision Techniques ECON Applied Econometrics for Macroeconomics and Finance ECON Applied Econometrics for Microeconomics ECON Competition & Regulation Policy ECON International Trade & Investment ECON Economics of Innovation & Entrepreneurship ECON Ecological & Environmental Economics ECON Natural Resource Economics ECON Benefit/Cost Analysis & Project Evaluation A ECON Benefit/Cost Analysis & Project Evaluation B ECON Health & Economic Development ENVM Environment and Development PLAN Urban Management & Governance in Developing Countries PLAN Urban Land & Housing in Developing Countries POLS Globalisation, International Political Economy & Development POLS Development Administration POLS Politics of Development PUBH International Health Policy or one non-schedule #2 course. Written approval of Head of School required via the Administrative Officer for your program. (To be finalized) MASTER OF DEVELOPMENT ECONOMICS (Advanced) Part A (#16) Compulsory Core Courses (above) and Part B (#8) Elective Courses (above) plus Part C (#8) Compulsory Core Courses (Advanced only) ECON ECON or ECON ECON Economic Project Thesis Research Report Thesis Not all courses may be offered each year refer to course details & semester offerings on page 51.

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