Economics Specialisation
Description
The Economics specialisations builds a clear understanding of the overall context of business and government. The core units, with their strong focus on social data and events, give graduates the competitive edge in areas of analysis and policy work. The Economics major includes in-depth analysis of microeconomics and macroeconomics, investigating market structure and strategic business decisions. An international focus on money and finance is paramount in keeping up with the globalised nature of contemporary economics. As well as providing essential perspectives on international economics, the course includes the study of industrial competitiveness, as well as trade and development, and bank management.
Requirements for the Specialisations
To obtain an Economics specialisation, students must complete at least three units of study (18 credit points), comprising:
- two compulsory units of study (12 credit points):
- ECON6001 Microeconomic Analysis 1
- ECON6002 Macroeconomic Analysis 1
- at least one of the following elective units of study (six credit points):
- ECON6006 Market Structure and Strategic Behaviour
- ECON6008 International Money and Finance
- ECON6009 Economics of the Labour Market
- ECON6010 Public Economics
- ECON6016 Trade and Development
- ECON6018 Environmental Economics
- ECON6021 Financial Economics
- ECON6023 International Trade
- ECON6024 Private Equity
Please Note: For details of these units of study, please refer to the University of Sydney's Online unit of study handbook.
Sequence of Study Example
The following table illustrates an example sequence of study for a student studying full-time in the Master of Economics (four units of study per semester) completing the requirements for an Economics specialisation. (In this example, compulsory foundation units of study are in bold, compulsory units for the degree are in italics, and units required for the Economics specialisations are underlined)
| Year | Semester | Units of Study | Total credit points | |||
|---|---|---|---|---|---|---|
| 1 | 1 | Microeconomic Theory | Macroeconomic Theory | Principles of Econometrics | elective or unit for specialisation | 24 |
| 2 | Econometric Applications | Microeconomic Analysis 1 | elective or unit for specialisation | unit for Economics specialisation * OR elective | 24 | |
| 2 | 1 | Macroeconomic Analysis 1 | Mathematical Methods of Economics Analysis | elective or unit for specialisation | unit for Economics specialisations* OR elective | 24 |
* Students can complete their elective unit/s of study for the Economics specialisation in any semester, subject to pre/corequisite requirements
Please Note: The information listed in this example is based on unit of study offerings for 2011 and is meant as a guide only. Students are usually able to complete the units of study for their degree in different sequences to that listed above and should always check the requirements for individual units of study before attempting to enrol in them. For example, local full-time students may complete three units of study per semester or students may be able to complete units in the Summer or Winter School sessions and in most cases complete a second major. Students are advised to plan their degree based upon individual needs and to contact the Faculty Office if any assistance in degree progression planning is required.