The Graduate Diploma in Economics program 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.

Examples of career opportunities include positions in federal and state public services as policy officers, analysts, economic modelers, advisers, trade and industry officers; private sector positions in financial management, forecasting, banking, insurance, agribusiness and agriculture; international positions with agencies such as the World Bank, the United Nations and agribusiness firms.