“Economics is the science which studies human behavior as a relationship between ends and scarce means which have alternative uses.” — Lionel Robbins

In a world where economic decisions shape every aspect of society, understanding the principles of economics is more critical than ever. The Diploma in Economics and Development Studies at the School of Economics and Development Studies is designed to provide students with a robust foundation in economic theory and development practices, setting the stage for a successful career in these dynamic fields.

About This Course

The Diploma in Economics and Development Studies is an important element of the Bachelor of Economics and Development Studies program. Spanning the first two years of the undergraduate course, this program merges academic instruction with hands-on experience.

Essentially, this will ensure our students graduate with theoretical knowledge and practical skills essential for the economics and development sectors.

Key Features:

1. Research-Backed Curriculum

Developed by examining top universities in Australia, our curriculum ensures students receive a world-class education.

2. Advanced Study Opportunities

Pathways to higher education and professional certifications, including Master’s Degrees in Economics and MBAs.

3. Skill Development Focus

Tailored to enhance individual strengths and professional capabilities.

4. Practical Experience

Includes industrial training, internships, and industry visits to bridge the gap between theory and practice.

5. Diverse Faculty

National and international experts provide a global perspective on economics.

6. Career Support

Comprehensive career guidance, counseling, and placement opportunities in leading industries in Papua New Guinea.

7. Enrichment Programs

Regular seminars, guest lectures, workshops, and conferences to broaden learning horizons.

8. Flexible Learning

Options for entry and exit within the program cater to diverse educational needs.

Learning Objectives

By the end of this program, students will be proficient in:

• Applying core economic theories and development practices.
• Conducting rigorous economic research and data analysis.
• Formulating and evaluating effective economic policies.
• Managing business operations and projects with efficiency.
• Understanding global and regional marketing dynamics.
• Utilizing quantitative and qualitative analytical tools in economics.
• Gaining practical experience through internships and industry engagements.

Material Includes

• Comprehensive textbooks and reference materials.
• Access to online learning resources and e-journals.
• Lecture notes, presentations, and specialized software tools.
• Opportunities for industrial training and internships.

Entry Requirements

Grade 12 or equivalent with minimum ‘C’ level passes in English and Mathematics.

Minimum GPA of 2.50.

Certification Options

Completion of Years 1 & 2 awards a Diploma Certificate.

Target Audience

• Aspiring professionals seeking careers in economics and development.
• Individuals aiming for advanced studies and professional certifications.
• Students looking for a program that combines theoretical knowledge with practical experience.

Program Details

• Level: Diploma
• Duration: 2 Years
• Subject: Economics and Development Studies
• Language: English

Study Tip

As you dive into this program, remember that real-world applications of theories in economics and development studies can provide invaluable insights. Engage actively in internships and practical experiences to see how theoretical concepts play out in various industries.

Bottom Line

The Diploma in Economics and Development Studies offers a comprehensive education that blends theoretical knowledge with practical application. This approach is based on our desire to prepare students for professional careers in economics and development. Whether you’re aiming for immediate employment or further studies, this program is a solid foundation for your future success.

For more information and admission details, please contact us at:

IBSUniversity

Portion 1553 Sogeri Road

11 Mile, P.O Box 5181

Boroko NCD, Papua New Guinea

Phone: (675) 74114100

BMobile: (675) 7526086

Digicel: (675) 70031097

Email: ask@ibs.ac.pg

Website: www.ibs.ac.pg

Blog Editing & ND: IBSU Library & Information