Graduate Diploma in Applied Economics

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.

  • Ranked No.1 for Economics in South Australia^
  • ISO 9001 Certification
  • Pathway to Master of Applied Economics

^QS World University Rankings, 2021

Entry Requirements

Please note: For programs including placements and/or study-related activities in settings where COVID-19 vaccination is mandatory, it is an inherent requirement that all students be fully vaccinated prior to undertaking the placement and/or study-related activity.
From 30 June 2023, in accordance with Australian government requirements, the University will be returning to face-to-face teaching for all students where it is safe and practical to do so. For students with circumstances where it would not be practical or safe to travel to Australia, exemptions may apply. Students are encouraged to regularly check Study in 2023 and International Student Covid-19 FAQ for information and updates.

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

Domestic applicants

SATAC Code 3GD013
Deferment Yes - 2 year
Intake February and July
Selection Criteria
Graduate entry

Higher Education Study A 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.

Fees and Scholarships

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

Domestic applicants

Indicative annual tuition fees
Australian Full-fee place: $35,000

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


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

Find a Scholarship.


Graduate Attributes

The objective of this program is to produce graduates with specific attributes as outlined in University of Adelaide 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. Consult University Course Planner for up-to-date course information.


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


University really is a unique opportunity to combine learning and personal development as well as meet new people.
Matthew Bell

Matthew Bell

Bachelor of Engineering (Honours)(Civil and Structural) / Bachelor of Finance / Graduate Certificate in Applied Economics

Faculty of Arts, Business Law & Economics

The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.

Last updated: Wednesday, 27 Apr 2022