Admission requirements for 2020 are currently under review, please note the admission requirements listed on this page relate to 2019 admissions.

2020 admission requirements will be published by 1 May 2019.

single degree

Graduate Diploma of Economics

A single one year graduate degree offered by the ANU College of Business and Economics

DECON
  • Length 1 year full-time
  • Minimum 48 Units
First year student? There’s more information about enrolling in your degree.
  • Field of Education
    • Economics and Econometrics
  • Length 1 year full-time
  • Minimum 48 Units
First year student? There’s more information about enrolling in your degree.
  • Field of Education
    • Economics and Econometrics

The Graduate Diploma in Economics provides a program of study for those wanting a basic understanding of modern economic analysis. It is available to graduates in any discipline who have some background in economics and quantitative methods. The Graduate Diploma in Economics will be attractive to those whose present or intended career requires a basic ability in economic analysis. It is also a foundation for further study at a more advanced level.

Career Options

Graduates from ANU have been rated as Australia's most employable graduates and among the most sought after by employers worldwide.

The latest Global Employability University Ranking, published by the Times Higher Education, rated ANU as Australia's top university for getting a job for the fourth year in a row.

Learning Outcomes

Upon successful completion, students will have the skills and knowledge to:

- analyse economic problems using formal methods;

- interpret diagrammatic and mathematical representations of economic concepts;

- use introductory mathematical economic analysis at the graduate level and provide economic intuition for the results;

- deploy basic estimation techniques expected of students in postgraduate study and policy related empirical work;

- analyse the economic effects of policy changes, which is valuable for students wanting to work as professional economists or proceed to postgraduate study;

Further Information

To progress to the Master of Economics and the Master of Applied Economics students are required to complete an average of 70% in the following 4 courses:
-ECON8025
-ECON8026
-ECON6015 (or ECON8013 in 2016)
-EMET8005

For Domestic Students applying through UAC: If you have completed an overseas qualification, please send a scanned copy of your original testamur (graduation certificate) and academic transcript through to info.cbe@anu.edu.au. The scanned documents should be in colour and unaltered in size. Please include your name and UAC number in the email.

It is highly recommended that students take Maths summer course offered by the Research School of Economics upon completion of EMET7001. Further information about this course is available here: https://www.rse.anu.edu.au/students/students/maths-summer-course/

Admission Requirements

A Bachelor degree or international equivalent with a minimum GPA of 4.0/7.0.

Or at least 10 years of work experience in an ANZSCO Skill Level 1 role.

English language Requirements

All applicants must meet the University’s English Language Admission Requirements for Students

Assessment of qualifications

Unless otherwise indicated, ANU will accept all Australian Qualifications Framework (AQF) qualifications or international equivalents that meet or exceed the published admission requirements of our programs, provided all other admission requirements are also met.

Where an applicant has more than one completed tertiary qualification, ANU will base assessment on the qualification that best meets the admission requirements for the program. Find out more about the Australian Qualifications Framework: www.aqf.edu.au

ANU uses a 7-point Grade Point Average (GPA) scale. All qualifications submitted for admission at ANU will be converted to this common scale, which will determine if an applicant meets our published admission requirements. Find out more about how a 7-point GPA is calculated for Australian universities: www.uac.edu.au/future-applicants/admission-criteria/tertiary-qualifications

Unless otherwise indicated, where an applicant has more than one completed tertiary qualification, ANU will calculate the GPA for each qualification separately. ANU will base assessment on the best GPA of all completed tertiary qualifications of the same level or higher.

Annual indicative fee for domestic students
$33,888.00

For more information see: http://www.anu.edu.au/students/program-administration/costs-fees

Annual indicative fee for international students
$45,168.00

Scholarships

ANU offers a wide range of scholarships to students to assist with the cost of their studies.

Eligibility to apply for ANU scholarships varies depending on the specifics of the scholarship and can be categorised by the type of student you are.  Specific scholarship application process information is included in the relevant scholarship listing.

For further information see the Scholarships website.

Program Requirements

The Graduate Diploma in Economics requires the completion of 48 units, which must consist of:

 

48 units from completion of the following compulsory courses:

 

ECON7073 Microeconomic Principles for Economic Policy

ECON7074 Macroeconomic Principles for Economic Policy

STAT7055 Introductory Statistics for Business and Finance

EMET7001 Introduction to Analysis of Economic Models and Data

ECON8025 Diploma Microeconomics

ECON8026 Diploma Macroeconomics

EMET8005 Econometric Models and Introductory Econometrics

ECON8013 Mathematical Techniques in Economics I

 

Study Options

Year 1 48 units ECON7073 Microeconomic Principles for Economic Policy 6 units ECON7074 Macroeconomic Principles for Economic Policy 6 units EMET7001 Introduction to Economic Models 6 units STAT7055 Introductory Statistics for Business and Finance 6 units
ECON8025 Diploma Microeconomics 6 units ECON8026 Diploma Macroeconomics 6 units ECON6015 Optimisation Techniques for Economists 6 units OR ECON8013; EMET8005 Economic Models and Introductory Econometrics 6 units

About this degree

This program requires the completion of 8 courses (48 units), and would typically be undertaken full-time over two semesters.

The Graduate Diploma in Economics requires the completion of 48 units, which must consist of:

First Semester courses

ECON7073 Microeconomic Principles for Economic Policy
ECON7074 Macroeconomic Principles for Economic Policy
STAT7055 Introductory Statistics for Business and Finance
EMET7001 Introduction to Analysis of Economic Models and Data


Second Semester courses

ECON8025 Diploma Microeconomics
ECON8026 Diploma Macroeconomics
EMET8005 Econometric Models and Introductory Econometrics
ECON6015 Optimisation Techniques for Economists (in 2016 ECON6015 is replaced by ECON8013)


To progress to the Master of Economics and the Master of Applied Economics students are required to complete an average of 70% in the following 4 courses:
-ECON8025
-ECON8026
-ECON6015 (or ECON8013 in 2016)
-EMET8005.

Enrolment Status

While it is possible for domestic students to enrol in fewer courses per semester, ie. undertake part-time study, it will take you longer to complete your program. International students must undertake full-time study.

You must complete the foundation level courses (ECON7073, ECON7074, EMET7001 and STAT7055) before progressing to the higher level courses (ECON8025, ECON8026, ECON8013 and EMET8005). 

Study Options

Graduate Diploma of Economics

Study Options

Year 1 48 units ECON7073 Microeconomic Principles for Economic Policy 6 units ECON7074 Macroeconomic Principles for Economic Policy 6 units STAT7055 Introductory Statistics for Business and Finance 6 units EMET7001 Introduction to Economic Models 6 units
ECON8025 Diploma Microeconomics 6 units ECON8026 Diploma Macroeconomics 6 units ECON6015 Optimisation Techniques for Economists 6 units OR ECON8013; EMET8005 Economic Models and Introductory Econometrics 6 units

Academic Advice

Please refer to the CBE Fast Track page:
https://www.cbe.anu.edu.au/fasttrack 

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