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SCHOOL of ECONOMICS Honours Programs SCHOOL OF ECONOMICS Honours Programs For further information contact the School of Economics Tel: 3365 6570 Email: [email protected] i ii Honours Program Contacts 2005 Honours Academic Advisors 2004 (to be confirmed for 2005) • Mr Rodney Beard 3365 6569 Rm 643, Colin Clark Building • Dr Bruce Littleboy 3365 6573 Rm 614, Colin Clark Building Administrative Officer: Honours Program • Ms Julie Waldon 3365 6684 Rm 657, Colin Clark Building Economics Enquiries Office 3365 6570 Rm 659, Colin Clark Building Tutorial Program Administrators • Ms Rachel Tutton 3365 6093 Rm 518, Colin Clark Building • Mrs Marion Tomes 3365 6621 Rm 656, Colin Clark Building TUTOR WORKSHOP A one day compulsory Workshop for any Honours student appointed to a Tutorial Assistant (TA) or casual tutor position, will be held in O-Week (tentatively on Friday 25 February 2005). 31 August 2004 iii Quantitative Skills Workshop for Honours & PhD Students 1. Introduction A 4-day quantitative skills workshop for will be organized postgraduate students during the orientation week of the first semester. The workshops are designed specifically for Honours and PhD students. Masters students who intend to do a PhD in the future are also encouraged to attend the workshop. To facilitate the preparation of handouts, students who want to attend the workshop (other than Honours and PhD students) should notify the coordinator through email at least one week before the workshop. 2. Objectives A main objective of the workshop is to introduce to students the basic but essential mathematical techniques for a number of postgraduate courses such as: ECON6010/ECON8010 Microeconomic Theory (compulsory for honours students) ECON6020/ECON8020 Macroeconomic Theory (compulsory for honours students) ECON6200 Advanced Monetary Economics ECON6710/ECON7730 Natural Resource Economics Lecturers will not repeat teaching those mathematical techniques during these courses in great details, especially ECON6010/8010 and ECON6020/8020. Therefore, students are advised to make serious efforts to acquire those techniques in the workshop. 3. Content The workshop will mainly cover the following topics: a. Algebra: matrix, series, lag and lead operator, quadratic forms and definiteness of matrices. b. Set theory: basic logic (necessity and sufficiency), convexity, compactness and existence. c. Calculus: total and partial differentiation, chain rules, static and dynamic optimisation. d. Others: recursive methods. Exercises will be given to students for practice and discussed in tutorials. 4. Venue, Time and Date Venue: 39A-201 (St Lucia campus) Time: 10am-12:30pm (lecture), 1:30pm-4pm (tutorial). Date: 21-24, February 2005. 5. Instructor and Enquiry The lecturers who are in charge of ECON6010 and ECON6020 will be the workshop instructors. Any enquiry should be forwarded to Mr. Leopoldo Yanes, who can be reached at Email: [email protected] Phone: 3365 6619 Office: Colin Clark 510. iv HONOURS PROGRAMS IN THE SCHOOL OF ECONOMICS The goal of the Economics Honours Program is to provide an extra year of high quality study to enhance students' applied and analytical skills and knowledge of current economic research literature and to provide training in research methods in economics. The coordinators of the Honours program change from year to year. New candidates should refer course/program queries to the Administrative Officer (Postgraduate Programs) in the first instance. Generally an honours graduate has better long-term career prospects. As the honours program does not commence until the pass degree is completed, there is plenty of time to consider whether or not to enrol for the honours program. However, there are specified courses in the pass degree that are required as pre-requisites for honours enrolment (see next page). A good standard at Pass level (a Grade Point Average of 5 or higher) is required with an average grade of at least 5 over the specified pre-requisite courses. An information meeting for prospective candidates is scheduled in August (or early September) each year; this meeting is advertised in Level 3 classes and on School noticeboards. As an honours student, you will find yourself in a stimulating environment. The subject matter will be interesting and challenging, and in addition you will have the benefit of small classes and an informal class atmosphere, the challenge of frequent preparation of seminar papers, and the give and take of discussion with fellow students and staff members. You will find that the standard of discussion in honours classes is generally much higher than in pass degree tutorials. You will get to know your fellow students and your lecturers in a way that is usually not possible in pass degree classes. The other aspect of the honours work, which distinguishes it from the pass degree, is the thesis. The School includes the thesis requirement in order to give the Honours student some experience and training in carrying out a small research project under supervision and to provide an indication of his or her capacity for research. Bachelor degrees with honours in Economics are available following both the Bachelor of Economics and the Bachelor of Arts. The postgraduate Bachelor of Economics Honours program is available in the fields of Economics and Econometrics. In the Faculty of Arts, honours programs are available in the fields of Economics and Economic History. Combined honours programs with other Arts departments may be available to Arts graduates. In both faculties there is provision for deferral of studies for a maximum of 2 years between completion of the pass degree and enrolment in Honours. The Honours degree is normally completed over 1 year full-time or 2 years part-time study. Full-time candidates must commence the program in 1st semester of any year. Part-time candidates may commence the program in 2nd semester (but may not be optimal). CLASSES OF HONOURS Honours are awarded as one of the following: Honours Class I; Honours Class IIA; Honours Class IIB; Honours Class III. In the School of Economics, honours grades are awarded on work undertaken during the honours year only. 1 HONOURS IN THE FIELD OF ECONOMICS BEcon(Hons) and BA(Hons in Economics) students intending to take Honours in the field of Economics must include the following courses in their pass degree program: ECON1050 Introductory Mathematical Economics (EC131) ECON3010 Advanced Microeconomics (EC313) (Grade of 5 or higher) ECON3020 Advanced Macroeconomics (EC314) (Grade of 5 or higher) and obtained an average GPA of > 5.0 over all (EC/ECON) economics courses. PROGRAM PLAN BACHELOR OF ECONOMICS (HONOURS) BEcon(Hons) : Plan : Economics Stream #16 (Units) #10 (Units) #6 (Units) Compulsory Elective ECON6910 Thesis (#6) Three courses selected by the candidate and ECON6010 Microeconomic Theory (#2) approved by the Head of the School of Economics ECON6020 Macroeconomic Theory (#2) including: • no fewer than two from the list of final Honours year courses (ECON6---) OR • one elective course (#2) from the MEconSt (ECON7---), OR one level 6 or 7 course from the School of Business courses BS-- lists, approved by the Head of School.* * Application in writing must be made to Head of School to undertake any course other than ECON Level 6 courses. Please see the Administrative Officer for Approval Request Form. Approval must be obtained before enrolling in a non-ECON Level 6 course, and may not be approved retrospectively. PROGRAM PLAN BACHELOR OF ARTS HONOURS BA (Honours) : Plan : Economics Stream #16 (Units) #12 (Units) #4 (Units) Compulsory Elective ECON6920 Thesis #8 Two courses selected by the candidate and ECON6010 Microeconomic Theory #2 approved by the Head of School from the list of ECON6020 Macroeconomic Theory #2 final Honours ECON6--- courses. Entry requirements for the BA (Econ)(Hons) program require a double major in Economics (#32 in economics courses - including ECON1010, 1020, 2010, 2020, 2030, 2040, and 1050, 3010 & 3020 in their double major.) Average GPA > 5.0 over all EC/ECON courses is also required, as above. 2 HONOURS IN THE FIELD OF ECONOMETRICS Students who intend to take Honours in the field of Econometrics from must include in their pass degree program: ECON2050 Mathematical Economics (EC233) ECON3010 Advanced Microeconomics (EC313) ECON3020 Advanced Macroeconomics (EC314) ECON3300 Topics in Applied Econometrics (EC330) ECON3310 Econometric Theory (EC331) ECON3320 Economic and Business Statistics (previously ECON2310 or EC231) and obtained an average GPA of > 5.0 in all EC/ECON (economics) courses. PROGRAM PLAN BACHELOR OF ECONOMICS (Honours in Econometrics) Plan : Econometrics Stream #16 (Units) #14 (Units) #2 (Units) Compulsory Elective ECON6910 Thesis (#6) One course selected by the candidate and ECON6010 Microeconomic Theory (#2) approved by the Head of the School of ECON6020 Macroeconomic Theory (#2) Economics from either: ECON6300 Advanced Applied Econometrics (#2) ECON6310 Advanced Econometric Theory (#2) • the list of final Honours year courses • (ECON6---) OR • one elective course (#2) from the MEconSt (ECON7---) list, or one level 6 or 7 course from the School of Business BS-- course lists, approved by the Head of School.* * Application in writing must be made to Head of School to undertake any course other than ECON Level 6 courses. Please see the Administrative Officer for Approval Request Form. Approval must be obtained before enrolling in a non-ECON Level 6 course, and may not be approved retrospectively. 3 HONOURS IN THE FIELD OF ECONOMIC HISTORY Honours in the field of Economic History is available only to candidates enrolled in the Bachelor of Arts Honours degree. Students intending to take honours in the field of Economic History must have passed at least #8 (units) from : ECON1110 Australian Economic Institutions (EC115) ECON1600 Economic and Social History (EC162) ECON2600 Economic History of Asian Economies (EC263) ECON2610 International Economy in the Twentieth Century (EC264) ECON3600 Australian Economic History (EC366) and obtained an average GPA of 5 or higher in EC/ECON (economics) courses. Candidates holding a Bachelor of Arts rather than a Bachelor of Economics degree must also have completed at least a major in economics.
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