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University of New England

Armidale , NSW ,Australia

Graduate Diploma in Economics

This course can provide a formal qualification in the field of economics for graduates with little background in the discipline, or it can act as a refresher course in economics for those whose initial studies occurred some time ago. It is also a broadening course for those who wish to extend their knowledge of economics into areas not previously studied such as Economic Development, Economic Policy, Agricultural and Resource Economics, or Advanced Economic Theory. Finally, it can be a qualifying step towards higher studies, particularly the Master of Economics program.

Campus Information


Living in Armidale you will experience the best of both city and rural living. Enjoy a healthy and active lifestyle with access to shopping, gourmet food, top sporting facilities and cultural delights all for a fraction of the price you'd expect to pay in a major city. You can live in the heart of Armidale or experience the tranquility of New England on a rural property.


  • Feb
  • June

Application Processing Time in Days: 30

Minimum English Language Requirements

English Level Description IELTS (1.0 -9.0) TOEFL IBT (0-120) TOEFL CBT (0-300) PTE (10-90)
Expert 9 120 297-300 86-90
Very Good 8.5 115-119 280-293 83-86
Very Good 8 110-114 270-280 79-83
Good 7.5 102-109 253-267 73-79
Good 7 94-101 240-253 65-73
Competent 6.5 79-93 213-233 58-65
Competent 6 60-78 170-210 50-58
Modest 5.5 46-59 133-210 43-50
Modest 5 35-45 107-133 36-43
Limited 4 32-34 97-103 30-36
Extremely Limited < 4 < 31 < 93 < 30

Job Opportunity Potential

UNE’s Graduate Diploma in Economics provides you with economic and quantitative expertise to explore a variety of professional career options, such as: 

  • policy officer or analyst 
  • economic modeler or adviser 
  • trade and industry officer  
  • commodities or futures trader  
  • importer/exporter. 

Economists have hourly earnings in the top 3 percent of earnings by occupation, according to an analysis by the Reserve Bank of Australia. Demand is particularly strong for professionals with expertise in agribusiness and resource economics to support the National Farmers’ Federation target of lifting Australia’s farm-gate output to $100 billion by 2030 from $59 billion in 2019–20.  

PSW Opportunity

  • N/A

Admission Requirement / Eligibility Criteria

A candidate shall:

  • (a) hold an AQF Level 7 Bachelor qualification in a non-relevant discipline; or
  • (b) hold an AQF Level 7 Bachelor qualification in a relevant discipline*.

*Relevant disciplines, include but are not limited to:

  • Economics
  • Economic Statistics