University of Sydney
Graduate Diploma in Economics
- Delivery: Face to Face
- Study Level: Postgraduate
- Duration: 12 months
- Course Type: Graduate Diploma
The course equips you with the critical thinking, data analysis, and problem-solving skills required for a rewarding career.

Course overview
The Graduate Diploma in Economics is designed for both recent graduates and professionals seeking training in economics for career progression or a career change. It is suitable for those with little or no undergraduate background in economics. The course may serve as a pathway to the Master of Economics.
CSP Subsidised Fees Available
This program has a limited quota of Commonwealth Supported Places (CSP). The indicative CSP price is calculated based on first year fees for EFT. The actual fee may vary if there are choices in electives or majors.
Key facts
What you will study
To be awarded the Graduate Diploma in Economics, students complete 48 credit points (CP) including:
- 24 CP of foundation units of study.
- 24 CP of core units of study.
Each unit is valued at six CP.
Foundation units
- Principles of Econometrics
- Microeconomic Theory
- Macroeconomic Theory
- Quantitative Tools for Economics
Core units
- Econometric Applications
- Communication in Economics
- Microeconomic Analysis 1
- Macroeconomic Analysis 1
Entry requirements
Academic requirements
Admission to the Graduate Diploma in Economics requires one of the following:
- A bachelor's degree, from the University of Sydney with a minimum 60 per cent average or an equivalent qualification.
- Completion of the requirements for the embedded graduate certificate with a minimum pass average, or an equivalent qualification.
English language requirements
You may need to provide evidence of your English proficiency to study this course.
If English is your first language you may be able to meet the requirements if you have:
- Citizenship or permanent long-term residency (minimum 10 years).
- Completed secondary or higher education (tertiary) studies recognised by the university in an approved English-speaking country.
If English is not your first language you may be able to prove English proficiency with an approved English skills test taken within two years of commencing the course.
- IELTS score: a minimum result of 7.0 overall and a minimum result of 6.0 in each band.
- TOEFL - IBT score: a minimum result of 96 overall including a minimum result of 17 in Reading, Listening and Speaking and 19 in Writing.
- Pearson Test of English: a minimum result of 68 overall and a minimum result of 54 in each band.
The university may also consider factors such as previous studies in English. Contact them for more information.
Recognition of Prior Learning
Related study may be credited towards your degree. This may also include relevant work experience for some postgraduate courses. Contact the university for more information.
Outcomes
Career outcomes
With further study opportunities including the Master of Economics, be prepared for a career in economics, econometrics and finance.
Graduates have held positions in federal and state policy departments and international financial agencies, markets and institutions.
Many of the recent graduates have gone on to hold senior positions in Treasury, the Reserve Bank and other policy departments across federal and state governments, as well as in international financial agencies, markets and institutions.
Fees and CSP
Indicative Commonwealth Supported Place (CSP) fee in 2025: $16,992 (CSP paying place)
Indicative first year fee in 2025: $40,100 (domestic full-fee paying place)
Commonwealth Supported Places (CSP) are available for this course.
A student’s annual fee may vary in accordance with:
- The number of units studied per term.
- The choice of major or specialisation.
- Choice of units.
- Credit from previous study or work experience.
- Eligibility for government-funded loans.
Student fees shown are subject to change. Contact the university directly to confirm.
Commonwealth Supported Places
The Australian Government allocates a certain number of CSPs to the universities each year, which are then distributed to students based on merit.
If you're a Commonwealth Supported Student (CSS), you'll only need to pay a portion of your tuition fees. This is known as the student contribution amount – the balance once the government subsidy is applied. This means your costs are much lower.
Limited CSP spaces are offered to students enrolled in selected postgraduate courses.
Your student contribution amount is:
- Calculated per unit you're enrolled in.
- Dependent on the study areas they relate to.
- Reviewed and adjusted each year.
HECS-HELP loans are available to CSP students to pay the student contribution amount.
FEE-HELP loans are available to assist eligible full-fee paying domestic students with the cost of a university course.