Graduate Diploma of Economics

Course Code





Law, Business and the Creative Arts

Award Requirements

Course Structure



Advanced Standing

Award Details

Admission Requirements

Course pre-requisites

Completion of an appropriate undergraduate degree that does not comprise of an economics major or a Bachelor of Economics and is  equivalent to an Australian bachelor degree, from this or another university; or

Other qualifications or practical experience recognised by the Pro-Vice-Chancellor of the Faculty of Law, Business and the Creative Arts as equivalent to the above.

Minimum English Language Proficiency Requirements

Students of non-English speaking backgrounds must have an adequate English language capacity assessed under the Australian International English Language Testing System (IELTS). The IELTS score required for admission to this course can be found in Schedule I of the JCU Admissions policy.

Additional selection requirements


Special admission requirements


Academic Requirements for Course Completion

Credit points

24 credit points as per course structure

Additional course rules

Candidates with limited prior economics may be required to vary the normal course structure and take LB5229:03 Economics for a Sustainable World (or equivalent). Similarly, candidates who have limited quantitative skills may be required to take CO5124:03 Data Analysis and Decision Modelling (or equivalent).

Additional completion requirements


Course Structure

Core Subjects

EC5204:03 Managerial Economics

EC5205:03 Economic Growth and Sustainable Development

EC5206:03 Macroeconomic Policy

EC5207:03 Contemporary Economic Policy and Social Welfare

EC5202:03 Cost Benefit Analysis

EC5216:03 Data Collection, Analysis and Interpretation in Economics

EC5217:03 Behavioural Economics for Sustainable Policy

EC5218:03 Economics and Sustainable Resource Management








Expected time to complete

1 year full-time or equivalent part-time

Maximum time to complete

4 years

Maximum leave of absence

1 year


Course progression requisites


Course includes mandatory professional placement(s)


Special assessment requirements


Accreditation requirements


Maximum allowed Pass Conceded (PC) grade


Supplementary exam for final subject

A candidate who has failed the final subject towards the award and who gained 40% or more of the marks for that subject may be granted a supplementary examination in that subject. However if that subject is required for accreditation, then the criteria specified by that accreditation will apply.

Advanced Standing


Candidates may apply for advanced standing for previous tertiary study in accordance with the Advanced Standing for Previous Studies and Recognised Prior Learning policy associated procedures.

Maximum allowed

12 credit points


Advanced standing will be granted only for studies completed in the 4 years prior to the commencement of this course.


Advanced standing gained for any subject shall be cancelled 8 years after the date of the examination upon which the advanced standing is based if, by then, the candidate has not completed the course of study prescribed for the degree.

Other restrictions

Advanced standing will not be granted for work experience or undergraduate studies.

Award Details

Inclusion of majors on testamur

Not applicable - this course does not have majors

Exit with lesser award

Not applicable

Course articulation

Candidates who complete the Graduate Diploma of Economics are eligible for entry to the Master of Economics (Coursework), and may be granted advanced standing for all subjects completed under the graduate diploma.