What is the Graduate Diploma in Economic Policy (GDip)?

The Graduate Diploma (GDip) in Economic Policy is designed to expose anyone with an undergraduate degree and at least some formal training in undergraduate economics to a wide range of issues related to the formulation of economic policy. A variety of topics such as: new and emerging policy insights, frameworks, and evidence informing economic policy design will be covered.

Who should take the GDip?

This program is designed for non-economists working on economic policy in government, central banks and other organizations, as well as people who already have an undergraduate degree in economics wishing to take courses that are at the forefront of current economic policy debates.

There are two main pathways to earning a GDip:

Current Students: Type 2: Concurrent GDip will allow students enrolled in another graduate program (PhD or Master’s) to earn a GDip in Economic Policy along with their own degree.

Professional Development: Type 3: Direct Entry GDip will lead to a stand-alone credential in economic policy for professional or academic purposes.

Program Structure

This is intended to be a part-time program, delivered online with the expectation that most students will enroll in winter and complete the Grad Diploma by the end of summer, although students can enter in any term.

The Graduate Diploma in Economic Policy is a 2.0 credit program.

Core Course:
ECON 5060 – Economics Analysis of Public Policy (0.5 credit).  Experiential learning is a key part of this program through the implementation of applied economic policy analyses in the core course.

Elective Courses:  Students select the remaining 1.5 credits (three courses) from the following list of eligible GDIP elective courses:
ECON 5061 – Central Banking: Theory, Practice, and Recent Challenges
ECON 5063 – Innovation Policy and Economic Growth
ECON 5064 – Economic Policy Formulation and Evaluation
ECON 5065 – Selected Topics in Economic Policy
ECON 5066 – Economic Policy and Indigenous Peoples  NEW!

Admissions Criteria

  • Undergraduate degree with a GPA of 9.0 (out of 12.0) or higher
  • University-level introductory Microeconomics and Macroeconomics with a C+ or higher in each
  • University-level calculus and linear algebra (recommended)

Students who maintain an average of B+ or higher during the course of their Graduate Diploma would be given strong consideration for admission to Carleton’s Master’s program in Economics.  The applicant may be admitted to the extended M.A. program if the applicant meets most admission requirements but is missing some advanced coursework in Economics.

Program handbook (2023-2024): Browse

Where do I apply? Click here
Tuition fees Click here
FAQ: Prospective-Student FAQ
General inquiries Renée Lortie, Graduate Administrator
In-Program GDip advising Professor Christopher Worswick GDip Program Supervisor