Business

Graduate Diploma in Applied Economics

  • Domestic
  • International
  • Duration

    1 year full-time or part-time equiv.
  • Start Dates

    February and July
  • Location

    North Terrace Campus

About Degree

Arm yourself with economic insight

Economics is everywhere: in the lives of individuals, in the news, in government policy and in the decision-making of big and small organisations.

This one-year program interrogates economic questions and covers key principles to help you navigate the complexities of a globalised world. No prior economics knowledge is required for entry.

What will you do?

Our Graduate Diploma in Applied Economics sets you up to use economic tools and skills in the modern world. You will:

  • build essential knowledge of microeconomics, macroeconomics and econometrics
  • explore economic growth and development and the organisation of markets
  • practise advanced techniques for managing data
  • apply economic concepts to a range of fields
  • pursue electives according to your interests and career goals—from resources and environmental economics to finance and trade
  • gain enhanced analytical, reasoning and communication skills.

If you want to continue and deepen your studies, the Graduate Diploma also offers a direct pathway into the Master of Applied Economics.


Entry Requirements

Choose your applicant type to view the relevant admissions information for this program.I am a:

  • Domestic
  • International

    Domestic applicants

    SATAC Code3GD013
    DefermentYes - 2 year
    IntakeFebruary and July
    Selection Criteria
    Graduate entry


    Higher Education StudyA completed Bachelors degree or equivalent with a minimum GPA of 5.0 Alternative pathway: Students may enter this degree from the Graduate Certificate in Applied Economics.


    International applicants

    CRICOS013933C
    IntakeFebruary and July
    Selection Criteria
    English Language Requirements

    Australian Year 12Successful completion of an Australian year 12 qualification with a minimum pass in an accepted English language subject
    English Tests accepted by the University of APSB
    IELTSOverall 6.5Reading 6Listening 6Speaking 6Writing 6





    TOEFLOverall 79Reading 13Listening 13Speaking 18Writing 21





    PearsonOverall 58Reading 50Listening 50Speaking 50Writing 50





    C1 AdvancedOverall 176Reading 169Listening 169Speaking 169Writing 169





    Qualifications that meet minimum English requirementsA range of alternative qualifications may meet the University’s minimum English requirements
    Academic Entry Requirements

    Detailed information on international qualifications assessment

    Tertiary QualificationsBachelor degree or equivalent.

    Alternative Pathway: Students may enter this degree from the Graduate Certificate in Applied Economics.


Fees and Scholarships

Choose your applicant type to view the relevant fees and scholarships information for this program.I am a:

  • Domestic
  • International

    Domestic applicants

    Indicative annual tuition fees
    Australian Full-fee place: $37,000

    Where the standard duration of the program is less than one year the full cost of the program is displayed.

    Scholarships

    These scholarships, as well as many others funded by industry and non-profit organisations, are available to potential and currently enrolled students.


    International applicants

    Indicative annual tuition fees (24 units)International student place: $47,500

    Where the standard duration of the program is less than one year the full cost of the program is displayed.

    More information on International Student tuition fees.

    Scholarships

    These scholarships, as well as many others funded by industry and non-profit organisations, are available to potential and currently enrolled students.


Careers

Graduate Attributes

The objective of this program is to produce graduates with specific attributes as outlined in University of APSB Graduate Attributes.

  1. Deep discipline knowledge and intellectual breadth
  2. Creative and critical thinking, and problem solving
  3. Teamwork and communication skills
  4. Professionalism and leadership readiness
  5. Intercultural and ethical competency
  6. Australian Aboriginal and Torres Strait Islander cultural competency
  7. Digital capabilities
  8. Self-awareness and emotional intelligence

Potential careers

Banker, Non Government Organisation Worker, Policy Adviser, Political Adviser, Economist, Public Servant, International Trade or Business Analyst

Degree Structure

Students enrolled in a Graduate Diploma are required to undertake intermediate level courses to the value of 24 units.

Example Study Plan

Indicative Study plan
To qualify for the Graduate Diploma in Applied Economics students must complete eight courses (24 units) as specified:
Both of the following core courses (total of 6 units):ECON 7011 : Intermediate Microeconomics IID 
ECON 7071 : Intermediate Macroeconomics IID
One of the following quantitative courses (3 units):ECON 7243 : Applied Econometrics PG
ECON 7051 : Intermediate Econometrics IID
Five courses (15 units) not previously completed. 9 units must be PG level courses:ECON 7243 : Applied Econometrics PG
ECON 7016 : Resource and Environmental Economics PG
ECON 7032 : Public Economics PG
ECON 7036 : International Trade and Investment Policy IID
ECON 7044 : International Finance PG
ECON 7052 : East Asian Economies IID
ECON 7058 : Development Economics PG
ECON 7062 : Game Theory PG
ECON 7072 : International Trade PG
ECON 7114 : Money, Banking and Financial  Markets PG
ECON 7221 : The Economics of Climate Change
ECON 7222 : Applied Economic Principles
ECON 7228 : Behavioural Economics IID
Please note: Some courses require some mathematical or statistical background.

Assessment

Typically includes a combination of mid-semester tests, assignments and final exams.

RECOGNITION AND AFFILIATIONS

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