Graduate Diploma in Economics (GradDipEc)

Course Code DF043
Course Type Postgraduate
Credit Points Required  48
CRICOS code 053965G


The Graduate Diploma in Economics is designed to provide training in theoretical and applied aspects of modern economics and econometrics to those with a degree in another discipline. A graduate of this award course is prepared for a career as a professional economist or for further studies in economics or econometrics. There are two intakes per year for the Graduate Diploma in Economics, with classes commencing in March and July.

Course requirements

To be awarded the Graduate Diploma in Economics, students must successfully complete a total of eight units of study (48 credit points), comprising:

  • three core foundational units of study (18 credit points)
  • five elective units of study (30 credit points)

Foundational core units of study

  • ECMT5001 Principles of Econometrics
  • ECON5001 Microeconomic Theory
  • ECON5002 Macroeconomic Theory

Elective units of study

  • ECMT6002 Econometric Applications
  • ECMT6003 Applied Business Forecasting
  • ECMT6005 Applied Discrete Choice Modelling *
  • ECMT6006 Applied Financial Econometrics
  • ECMT6007 Analysis of Panel Data
  • ECMT6008 Business Operations Analysis *
  • ECMT6510 Management Decision Making *
  • ECON6006 Market Structure and Strategic Behaviour
  • ECON6008 International Money and Finance
  • ECON6009 Economics of the Labour Market
  • ECON6010 Public Economics
  • ECON6016 Trade and Development
  • ECON6018 Environmental Economics
  • ECON6021 Financial Economics
  • ECON6023 International Trade
  • ECON6024 Private Equity *
  • ECON6025 Strategic Decision Making
  • ECON6026 Strategic Business Relationships *
  • ECON6027 Experimental Economics
  • FINC5001 Capital Markets and Corporate Finance

* These units are not offered for 2014.

For details of these units of study, please refer to the University's Online unit of study handbook.

Progression guide

The following table shows an example course progression for students enrolled in the Graduate Diploma in Economics on a full-time basis completing four units of study per semester.

Year / Semester Units of study Credit points
Year 1
Semester 1
Principles of Econometrics Microeconomic Theory Macroeconomic Theory elective 24
Year 1
Semester 2
elective elective elective elective 24

Please Note: The information listed in this program of study example is meant as a guide only. Students should always check the requirements for individual units of study. Students are usually able to complete the units of study for their degree in different sequences to that listed above. You are advised to plan your degree based upon your individual needs and to contact the Faculty Office if you need any assistance in planning your progression in your degree.

Entry Requirements

For entry into this course, students must have either met the entry requirements as for the master's degree OR have completed a bachelor's degree, graduate diploma, graduate certificate or equivalent from a recognised tertiary institution (at a standard acceptable to the Faculty).

For details of the English language requirements for entry into this course, please refer to 'English Language Requirements for International Students'.

Minimum duration of Course

Full-time Part-time
1 year 2 years