Graduate Diploma in Economics

One Choice, Infinite Horizons

Program Overview

The Economics program at Brookwood University is dedicated to the study of economic systems, market dynamics, and financial analysis. Students explore economic theory, policy analysis, and quantitative methods. Graduates are well-prepared for careers in economics, finance, research, and government. They play a vital role in analyzing economic trends, influencing policy decisions, and contributing to the economic well-being of individuals and society.

Courses offered in Graduate Diploma in ECONOMICS

Module 1

  • Course Name

  • Credit Hours

  • Introduction to Banking

    This is a course on money, banking and financial markets. By the end of this course, you will understand the basic principles of financial system. The course provides details of banking concepts like: what is money, interest rates, stock market, Federal Reserve System, monetary and fiscal policy, supply/demand of money.

  • 6 Credits

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  • Introduction to Engineering Economics

    This course presents engineering economy in the content context of the entire decision-making framework. It introduces and integrates the concept of cash flows, how companies handle risk, analyze risks and implement and evaluate solutions with respect to the situations.

  • 6 Credits

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  • Introduction to Microeconomics

    The purpose of the course is to give you a thorough understanding of principles of economics that are applied to the functions of individual decision makers, both consumers and producers, within the larger economic system. Provides an in-depth study of demand and supply, market structure, competition, with a global perspective.

  • 6 Credits

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  • International Economics

    Course provides a sound theoretical and practical foundation for understanding the global economy in an era of shifting borders, restructuring economies, and regional realignments. Course covers population, agriculture, and international trade. It emphasizes global interdependence; flexible manufacturing; the globalization of business, culture, environmental problems, and telecommunications; and the transnational corporation.

  • 6 Credits

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  • Introduction to Economics

    This course will motivate you to learn economics through real business examples. You all can relate to businesses they encounter in their everyday lives. Course provides an introduction to methodology and analytical tools used by economists. Economic theory, policy and history are examined with major emphasis on macroeconomics and microeconomics.

  • 6 Credits

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Program Overview

  • Eligibility Criteria
    Bachelor's degree, or equiv. International Education

  • Credit Hours
    30 Hours

  • Courses Offered
    5

  • Course Duration
    6 Months (Self-Paced) Program

  • Estimated Fee
    $6,450

Social Science Foundations And Analytical Skills:

The program typically begins with a solid foundation in core business disciplines, such as accounting, marketing, finance, management, and organizational behavior. This equips students with a well-rounded understanding of how businesses operate.

Fieldwork And Community Engagement:

Beyond the theoretical framework, the College of Social Sciences places a significant emphasis on fieldwork and community engagement. Students have opportunities to participate in research projects, engage with local communities, and apply social science concepts to real-world situations. These experiences not only enhance their analytical and research skills but also provide valuable insights into the social sciences field.

Cultural Diversity And Social Issues Across The Globe:

The College of Social Sciences at Brookwood University is committed to Nurturing cultural diversity and addressing social issues from around the world. Our curriculum integrates social sciences from various cultures and encourages students to explore different societal traditions. Additionally, we offer study abroad programs, international research opportunities, and collaborations with social scientists from diverse backgrounds, enabling students to gain a global perspective on social sciences.

Introduction to Banking

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Why study money, banking, and financial markets?
  In Section 2 of this course you will cover these topics:
    An overview of the financial system
  In Section 3 of this exam you will be evaluated on below listed topics:
    What is money?
  In Section 4 of this course you will cover these topics:
    Understanding interest rates
  In Section 5 of this course you will cover these topics:
    The behavior of interest rates
    The risk and term structure of interest rates
    The stock market, the theory of rational expectations, and the efficient market hypothesis
    An economic analysis of financial structure
    Banking and the management of financial institutions

Introduction to Engineering Economics

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Engineering economy and the decision-making process
  In Section 2 of this course you will cover these topics:
    Cash flows and the time value of money
  In Section 3 of this exam you will be evaluated on below listed topics:
    Interest formulas
  In Section 4 of this course you will cover these topics:
    Problem or opportunity definition
    Considering risk
  In Section 5 of this course you will cover these topics:
    Deterministic evaluation
    Considering options in time
    Multi-criteria evaluation

Introduction to Microeconomics

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    The scope and method of economics.
    The economic problem: scarcity and choice.
  In Section 2 of this course you will cover these topics:
    Demand, supply, and market equilibrium.
    Demand and supply applications .
    Elasticity
  In Section 3 of this exam you will be evaluated on below listed topics:
    Household behavior and consumer choice
    The production process: the behavior of profit-maximizing firms.
    Short-run costs and output decisions.
  In Section 4 of this course you will cover these topics:
    Long-run costs and output decisions.
    Input demand: the labor and land markets.
    Input demand: the capital market and the investment decision.
  In Section 5 of this course you will cover these topics:
    General equilibrium and the efficiency of perfect competition
    Monopoly and antitrust policy.
    Monopolistic competition and oligopoly.
    Externalities, public goods, imperfect information, and social choice.
    Income distribution and poverty.
    Public finance: the economics of taxation.
    International trade, comparative advantage, and protectionism.
    Globalization.
    Economic growth in developing and transitional economies

International Economics

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Approaching democracy
    The founding and the constitution
    Federalism
  In Section 2 of this course you will cover these topics:
    Congress
    The presidency
    The judiciary
  In Section 3 of this exam you will be evaluated on below listed topics:
    The bureaucracy
    Public opinion
    Political parties
  In Section 4 of this course you will cover these topics:
    Participation, voting, and elections
    Interest groups
    The media
  In Section 5 of this course you will cover these topics:
    Civil liberties
    Civil rights and political equality
    Domestic and economic policy
    Foreign policy

Introduction to economics

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Economics: foundations and models
  In Section 2 of this course you will cover these topics:
    
  In Section 3 of this exam you will be evaluated on below listed topics:
    
  In Section 4 of this course you will cover these topics:
    
  In Section 5 of this course you will cover these topics:
    Firms, the stock market, and corporate governance
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Course Details