Economics

Students Commencing in 2014
Degree information

Information for 2013
Degree information


Information for 2014


Master of Economics
Graduate Diploma in Economics
Graduate Certificate in Economics

Candidates for the Master of Economics must complete 72 credit points, including 18 credit points of foundational (core) units of study, at least another 18 credit points of core units of study, a specialisation and electives or a second specialisation and a minimum of 6 credit points of capstone units of study.

Candidates for the Graduate Diploma in Economics must complete 48 credit points, including a minimum of 18 credit points of core units of study and a maximum of 30 credit points of elective units of study.

Candidates for the Graduate Certificate in Economics must complete 24 credit points, including 18 credit points of foundational (core) units of study and a furtehr 6 credit points of core units of study from the table, or an ECMT/ECON6000 level unit for which prerequisite requirements are waived.

Foundational Units of Study
Students enrolled in the Master’s degree and the Graduate Diploma complete all three foundational units, unless granted credits or waivers.

Available in semesters 1 and 2
ECMT5001 Principles of Econometrics
ECON5001 Microeconomic Theory
ECON5002 Macroeconomic Theory

Core units of study
Students enrolled in the Master’s degree complete all four core units.

Available in semesters 1 and 2
ECMT6002 Econometric Applications
ECON6001 Microeconomics Analysis 1
ECON6002 Macroeconomics Analysis 1
ECON6003 Mathematical Methods of Econ Analysis

There are three specialisations available in the Master of Economics, and choosing a specialisation is a requirement of the degree;

- Economics
- Econometrics
- Financial Economics

ECONOMICS SPECIALISATION
For the award of a specialisation in Economics, students complete three units of study (18 credit points), comprising:

(i) 12 credit points in compulsory units of study: ECON 6001 and ECON 6002; and
(ii) a minimum of six credit points in elective units of study

Compulsory units of study
Available in semesters 1 and 2
ECON6001 Microeconomics Analysis 1
ECON6002 Macroeconomics Analysis 1

Elective units of study
Semester 1
ECON6016 Trade and Development
ECON6018 Environmental Economics
ECON6025 Strategic Decision Making

Semester 2
ECON6006 Market Structure and Strategic Behaviour
ECON6008 International Money and Finance
ECON6009 Economics of the Labour Market
ECON6010 Public Economics
ECON6021 Financial Economics
ECON6023 International Trade


ECONOMETRICS SPECIALISATION
For the award of a specialisation in Econometrics, students complete three units of study (18 credit points), comprising:

(i) one six credit point compulsory unit of study: ECMT 6002; and
(ii) a minimum of 12 credit points in elective units of study

Compulsory unit of study
Available in semesters 1 and 2
ECMT6002 Econometric Applications

Elective units of study
Semester 1
ECMT6006 Applied Financial Econometrics
ECMT6007 Analysis of Panel Data

Semester 2
ECMT6003 Applied Business Forecasting



FINANCIAL ECONOMICS SPECIALISATION
For this specialisation, students complete one additional unit of study, FINC 5001. This unit of study does not count towards the specialisation but is the prerequisite unit of study for most of the ‘FINC’ 6000-level units of study in this specialisation.

Financial Economics prerequisite unit
Available in semesters 1 and 2
FINC5001 Capital Markets and Corporate Finance

For the award of a specialisation in Financial Economics, students then complete three units of study (18 credit points), comprising:

(i) 12 credit points in compulsory units of study: ECMT 6006 and ECON 6021; and
(ii) a minimum of six credit points in elective units of study.

Compulsory units of study
Semester 1
ECMT6006 Applied Financial Econometrics

Semester 2
ECON6021 Financial Economics

Elective units of study
Semester 1
FINC6000 Quantitative Finance
FINC6001 Intermediate Corporate Finance
FINC6005 Advanced Asset Pricing
FINC6010 Derivative Securities
FINC6013 International Business Finance
FINC6017 Mergers and Acquisitions
FINC6021 Corporate Valuation
FINC6022 Behavioural Finance
FINC6023 Financial Risk Management

Semester 2
ECON6008 International Money and Finance
FINC6000 Quantitative Finance
FINC6001 Intermediate Corporate Finance
FINC6003 Broking and Market Making
FINC6009 Portfolio Theory and its Applications
FINC6010 Derivative Securities
FINC6015 Global Trading
FINC6016 Financial Instruments and Markets
FINC6019 Financial Modelling
FINC6021 Corporate Valuation
FINC6022 Behavioural Finance

Elective units of study for the Master of Economics and the Graduate Diploma in Economics

Further Elective units available
Semester 2
ECON6027 Experimental Economics

Available in semesters 1 and 2
ECON6101 Special Topic in Economics

Subject to meeting prerequisites, students can do any unit of study offered in any of the specialisations listed above as an elective. Graduate Diploma in Economics students, however, may only count a maximum of one Finance unit, FINC 5001, towards their elective requirements.

In addition, with prior written approval from the Director of the Master of Economics programs, it is possible to count a maximum of one unit of study offered elsewhere in the University of Sydney. Students wishing to do so must consult with the program director and gain approval in advance.


Information for 2013


Master of Economics
Graduate Diploma in Economics


Candidates for the Master of Economics must complete 72 credit points of units of study.

Candidates for the Graduate Diploma in Economics must complete 48 credit points of units of study.

Foundational Units of Study
Students enrolled in the Master's degree and the Graduate Diploma complete all three foundational units, unless granted credits or waivers.

Available in semesters 1 and 2
ECMT5001 Principles of Econometrics
ECON5001 Microeconomic Theory
ECON5002 Macroeconomic Theory

Core units of study
Students enrolled in the Master's degree complete all four core units.

Available in semesters 1 and 2
ECMT6002 Econometric Applications
ECON6001 Microeconomics Analysis 1
ECON6002 Macroeconomics Analysis 1
ECON6003 Mathematical Methods of Econ Analysis

Specialisations for the Master of Economics
- Economics
- Econometrics
- Financial Economics

Please note: Scroll to the bottom of this page for further information on elective units of study available in the Master of/Graduate Diploma in Economics


Economics
For the award of a specialisation in Economics, students complete three units of study (18 credit points), comprising:

(i) 12 credit points in compulsory units of study: ECON 6001 and ECON 6002; and
(ii) a minimum of six credit points in elective units of study

Compulsory units of study
Available in semesters 1 and 2
ECON6001 Microeconomics Analysis 1
ECON6002 Macroeconomics Analysis 1

Elective units of study
Semester 1
ECON6016 Trade and Development
ECON6018 Environmental Economics
ECON6024 Private Equity
ECON6025 Strategic Decision Making
ECON6027 Experimental Economics
ECON6101 Special Topic in Economics

Semester 2
ECON6006 Market Structure and Strategic Behaviour
ECON6008 International Money and Finance
ECON6009 Economics of the Labour Market
ECON6010 Public Economics
ECON6021 Financial Economics
ECON6023 International Trade
ECON6024 Private Equity
ECON6101 Special Topic in Economics


Econometrics
For the award of a specialisation in Econometrics, students complete three units of study (18 credit points), comprising:

(i) one six credit point compulsory unit of study: ECMT 6002; and
(ii) a minimum of 12 credit points in elective units of study

Compulsory unit of study
Available in semesters 1 and 2
ECMT6002 Econometric Applications

Elective units of study
Semester 1
ECMT6006 Applied Financial Econometrics
ECMT6007 Analysis of Panel Data

Semester 2
ECMT6003 Applied Business Forecasting

Financial Economics
For this specialisation, students complete one additional unit of study, FINC5001 - Capital Markets and Corporate Finance. This unit of study does not count towards the specialisation but is the prerequisite unit of study for most of the 'FINC' 6000-level units of study in this specialisation.

For the award of a specialisation in Financial Economics, students then complete three units of study (18 credit points), comprising:

(i) 12 credit points in compulsory units of study: ECMT 6006 and ECON 6021; and
(ii) a minimum of six credit points in elective units of study.

Compulsory units of study
Semester 1
ECMT6006 Applied Financial Econometrics

Semester 2
ECON6021 Financial Economics

Elective units of study
Semester 1
FINC6000 Quantitative Finance
FINC6001 Intermediate Corporate Finance
FINC6005 Advanced Asset Pricing
FINC6010 Derivative Securities
FINC6013 International Business Finance
FINC6017 Mergers and Acquisitions
FINC6019 Financial Modelling
FINC6021 Corporate Valuation
FINC6022 Behavioural Finance
FINC6023 Financial Risk Management

Semester 2
ECON6008 International Money and Finance
FINC6000 Quantitative Finance
FINC6001 Intermediate Corporate Finance
FINC6003 Broking and Market Making
FINC6009 Portfolio Theory and its Applications
FINC6010 Derivative Securities
FINC6014 Fixed Income Securities
FINC6015 Global Trading
FINC6016 Financial Instruments and Markets
FINC6019 Financial Modelling
FINC6021 Corporate Valuation
FINC6022 Behavioural Finance


Elective units of study for the Master of Economics and the Graduate Diploma in Economics.
Subject to meeting prerequisites, students can do any unit of study offered in any of the specialisations listed above as an elective. Graduate Diploma in Economics students, however, may only count a maximum of one Finance unit, FINC 5001, towards their elective requirements.

In addition, with prior written approval from the Director of the Master of Economics programs, it is possible to count a maximum of one unit of study offered elsewhere in the University of Sydney. Students wishing to do so must consult with the program director and gain approval in advance.