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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.
  • Length 1 year full-time
  • Minimum 48 Units
First year student? There’s more information about enrolling in your degree.

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 Analysis

ECON7074 Macroeconomic Analysis

STAT7055 Introductory Statistics for Business and Finance

EMET7001 Mathematical Techniques for Economic Analysis

ECON8025 Advanced Microeconomic Analysis

ECON8026 Advanced Macroeconomic Analysis

EMET8005 Econometric Methods and Modelling

ECON8013 Optimisation for Economics and Financial Economics

Study Options

Year 1 48 units ECON7073 Microeconomic Analysis 6 units ECON7074 Macroeconomic Analysis 6 units EMET7001 Mathematical Techniques for Economic Analysis 6 units STAT7055 Introductory Statistics for Business and Finance 6 units
ECON8025 Advanced Microeconomic Analysis 6 units ECON8026 Advanced Macroeconomic Analysis 6 units ECON6015 OR ECON8013; EMET8005 Econometric Methods and Modelling 6 units

Admission Requirements

At a minimum, all applicants must meet program-specific academic/non-academic requirements, and English language requirements. Admission to most ANU programs is on a competitive basis. Therefore, meeting all admission requirements does not automatically guarantee entry.

 

Applicants must present 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.

 

In line with the university's admissions policy and strategic plan, an assessment for admission may include competitively ranking applicants on the basis of specific academic achievement, English language proficiency and diversity factors.

 

Academic achievement & English language proficiency

The minimum academic requirement for full entry and enrolment is a Bachelor degree or international equivalent with a minimum GPA of 4.0/7.0.

If required, competitive ranking may further be confirmed on the basis of applicants demonstrating higher-level English language proficiency.

Further information: English Language Requirements for Admission 

 

Diversity factors

As Australia’s national university, ANU is global representative of Australian research and education. ANU endeavours to recruit and maintain a diverse and deliberate student cohort representative not only of Australia, but the world. In order to achieve these outcomes, competitive ranking of applicants may be adjusted to ensure access to ANU is a reality for brilliant students from countries across the globe.

 

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.

Credit Granted



Annual indicative fee for domestic students
$23,450.00

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

Annual indicative fee for international students
$39,090.00

For further information on International Tuition Fees see: https://www.anu.edu.au/students/program-administration/fees-payments/international-tuition-fees

Fee Information

All students are required to pay the Services and amenities fee (SA Fee)

The annual indicative fee provides an estimate of the program tuition fees for international students and domestic students (where applicable). The annual indicative fee for a program is based on the standard full-time enrolment load of 48 units per year (unless the program duration is less than 48 units). Fees for courses vary by discipline meaning that the fees for a program can vary depending on the courses selected. Course fees are reviewed on an annual basis and typically will increase from year to year. The tuition fees payable are dependent on the year of commencement and the courses selected and are subject to increase during the period of study.

For further information on Fees and Payment please see: https://www.anu.edu.au/students/program-administration/fees-payments

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.

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

ANU ranks among the world's very finest universities. Our nearly 100,000 alumni include political, business, government, and academic leaders around the world.

We have graduated remarkable people from every part of our continent, our region and all walks of life.

Learning Outcomes

  1. analyse economic problems using formal methods;

  2. interpret diagrammatic and mathematical representations of economic concepts;

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

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

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

Inherent Requirements

Information on inherent requirements is currently not available for this program

Further Information

To progress to the Master of Economics, students are required to complete an average of 70% in the following 4 courses:

ECON8025, ECON8026, ECON8013 and EMET8005.


To progress to the Master of Applied Economics, students are required to complete an average of 65% in the following 4 courses:

ECON8025, ECON8026, ECON8013 and EMET8005.


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/

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 Analysis 6 units ECON7074 Macroeconomic Analysis 6 units STAT7055 Introductory Statistics for Business and Finance 6 units EMET7001 Mathematical Techniques for Economic Analysis 6 units
ECON8025 Advanced Microeconomic Analysis 6 units ECON8026 Advanced Macroeconomic Analysis 6 units ECON6015 OR ECON8013; EMET8005 Econometric Methods and Modelling 6 units

Academic Advice

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

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