Economics

Economics provides a valuable understanding of the overall context of business and government, and the technical skills to analyse economic and social data and events. It equips students to work on economic and social policy. It also provides key capabilities for students who wish to work in business fields such as financial markets, marketing, transport and logistics, international trade and consulting or the media.

Economics at Sydney is a significant and influential grouping within the discipline in Australia. It is an important centre of policy analysis and review and one of the most important training grounds for economists within the region.
The Economics major is available in the Bachelor of Economics and related degrees, the Bachelor of Arts, the Bachelor of Commerce and related degrees, the Bachelor of Agricultural Economics and the Bachelor of Resource Economics.

Requirements

I started my degree before 2014

For the award of a major in Economics, students complete junior prerequisite units and 36 credit points in senior units:

(i) four junior prerequisite units of study (24 credit points), as follows:
 ECMT1010 Business and Economic Statistics A
 ECMT1020 Business and Economic Statistics B
 ECON1001 Introductory Microeconomics
 ECON1002 Introductory Macroeconomics

(ii) two compulsory senior units of study (12 credit points), as follows:
 ECOS2001 Intermediate Microeconomics; OR ECOS2901 Intermediate Microeconomics Honours #
 ECOS2002 Intermediate Macroeconomics; OR ECOS2902 Intermediate Macroeconomics Honours #

(iii) a minimum of four senior elective units of study (24 credit points) selected from the following options, with at least three at 3000-level (18 credit points):
 ECOS2201 Economics of Competition and Strategy
 ECOS2306 Managerial Firms: Evolutions and Attributes *
 ECOS2903 Mathematical Economics A
 ECOS3002 Development Economics
 ECOS3003 Hierarchies, Incentives and Firm Structure
 ECOS3004 History of Economic Thought
 ECOS3005 Industrial Organisation
 ECOS3006 International Trade
 ECOS3007 International Macroeconomics
 ECOS3008 Labour Economics
 ECOS3010 Monetary Economics
 ECOS3011 Public Finance
 ECOS3012 Strategic Behaviour
 ECOS3015 Law and Economics
 ECOS3016 Experimental and Behavioural Economics
 ECOS3017 Health Economics
 ECOS3018 Economics of Growth *
 ECOS3019 Capital and Dynamics
 ECOS3020 Special Topic in Economics
 ECOS3021 Business Cycles and Asset Markets
 ECOS3022 The Economics of Financial Markets
 ECOS3023 Personnel Economics
 ECOS3901 Advanced Microeconomics
 ECOS3902 Advanced Macroeconomics
 ECOS3903 Applied Microeconomics Honours
 ECOS3904 Applied Macroeconomics Honours
 any other elective unit subsequently offered under the Economics major

* Unit not offered in 2014

Bachelor of Commerce students may substitute their core units BUSS1040 and BUSS1020 for ECON1001 and ECMT1010 respectively.
 
# Where students are completing both an Economics and a Financial Economics major, an additional senior elective (ECOS2000 or ECOS3000 level) should be completed for one of the majors, as Economics and Financial Economics both require the compulsory unit ECOS2002/ECOS2902. Both majors must include 36 senior credit points without counting a senior unit i.e. ECOS2002 towards two separate majors.
 
The units ECOS3901, ECOS3902, ECOS3903 and ECOS3904 require the completion of additional prerequisites/corequisites outside of those prerequisite units of study listed for this major.
 
Please check Table A for details of the unit prerequisites, corequisites and other requirements.

I started my degree in or after 2014

For the award of a major in Economics, students complete junior prerequisite units and 36 credit points in senior units:

(i) four junior prerequisite units of study (24 credit points), as follows:
 ECMT1010 Business and Economic Statistics A
 ECMT1020 Business and Economic Statistics B
 ECON1001 Introductory Microeconomics
 ECON1002 Introductory Macroeconomics

(ii) two compulsory senior units of study (12 credit points), as follows:
 ECOS2001 Intermediate Microeconomics; OR ECOS2901 Intermediate Microeconomics Honours #
 ECOS2002 Intermediate Macroeconomics; OR ECOS2902 Intermediate Macroeconomics Honours #

(iii) a minimum of four senior elective units of study (24 credit points) selected from the following options, with at least three at 3000-level (18 credit points):
 ECOS2025 East Asian Economies *
 ECOS2201 Economics of Competition and Strategy
 ECOS2306 Managerial Firms: Evolutions and Attributes *
 ECOS2307 The European Economy *
 ECOS2903 Mathematical Economics A
 ECOS3002 Development Economics
 ECOS3003 Hierarchies, Incentives and Firm Structure
 ECOS3004 History of Economic Thought
 ECOS3005 Industrial Organisation
 ECOS3006 International Trade
 ECOS3007 International Macroeconomics
 ECOS3008 Labour Economics
 ECOS3010 Monetary Economics
 ECOS3011 Public Finance
 ECOS3012 Strategic Behaviour
 ECOS3013 Economics of the Environment *
 ECOS3015 Law and Economics
 ECOS3016 Experimental and Behavioural Economics
 ECOS3017 Health Economics
 ECOS3018 Economics of Growth *
 ECOS3019 Capital and Dynamics
 ECOS3020 Special Topic in Economics
 ECOS3021 Business Cycles and Asset Markets
 ECOS3022 The Economics of Financial Markets
 ECOS3023 Personnel Economics
 ECOS3901 Advanced Microeconomics
 ECOS3902 Advanced Macroeconomics
 ECOS3903 Applied Microeconomics Honours
 ECOS3904 Applied Macroeconomics Honours

* Unit not offered in 2014

Bachelor of Commerce students may substitute their core units BUSS1040 and BUSS1020 for ECON1001 and ECMT1010 respectively.
 
# Where students are completing both an Economics and a Financial Economics major, an additional senior elective (ECOS2000 or ECOS3000 level) should be completed for one of the majors, as Economics and Financial Economics both require the compulsory unit ECOS2002/ECOS2902. Both majors must include 36 senior credit points without counting a senior unit i.e. ECOS2002 towards two separate majors.
 
The units ECOS3901, ECOS3902, ECOS3903 and ECOS3904 require the completion of additional prerequisites/corequisites outside of those prerequisite units of study listed for this major.
 
Please check Table A for details of the unit prerequisites, corequisites and other requirements.

Students interested in undertaking a 4th year Honours program in Economics should consult the information on the Honours page of the website for specific 2nd and 3rd year Honours pathway information.