Bachelor of Economics (BEc)

Course CodeBUECONOM2000
Course TypeUndergraduate
Credit Points Required 144
CRICOS code003336G

Description

The Bachelor of Economics is not available through the University of Sydney Business School to students commencing from 2011. The following information is for students who commenced study in the degree prior to 2011. All new students commencing study from 2011 must enrol in the degree DH064 Bachelor of Economics through the Faculty of Arts and Social Sciences.

The reach and impact of economic issues and events makes this one of the most versatile and important programs of study available. Students complete a major in Economics, Econometrics or Financial Economics and may combine this with majors in areas as diverse as finance, marketing and political economy. The career prospects are just as diverse, and opportunities range over both the private and public sectors. The Bachelor of Economics encourages students to concentrate their studies in a range of subject areas which are of central importance to the academic discipline of Economics and to some of the specialised career patterns for graduates in Economics.

Note. Students, who commenced their degree prior to 2011, can complete their degree according to the resolutions in force at the time of their commencement of study. Students should refer to the handbook for the year they commenced their degree for details.

Degree requirements

To be awarded the Bachelor of Economics, students must successfully complete a total of 144 credit points, comprising:

  • four junior core units of study (24 credit points)
  • a major in Economics, Econometrics (with 12 credit points in senior Economics units), or Financial Economics*
  • No more than 60 credit points in junior units of study (1000-level)
  • At least 96 credit points in units of study from the former Faculty of Economics and Business (Business School and School of Economics) (no more than 48 credit points in units from another faculty).

* Pre-2011 students may choose to complete under 2011 resolutions and complete the Financial Economics major.

Students who commenced prior to 2010 may complete their award under the pre-2011 award course resolutions.

Core units of study

Junior units of study (24 credit points)

  • ECON1001 Introductory Microeconomics
  • ECON1002 Introductory Macroeconomics
  • ECMT1010 Business and Economic Statistics A
  • ECMT1020 Business and Economic Statistics B

Majors and electives

Compulsory major

Students in the Bachelor of Economics must complete a major (minimum of 36 senior credit points) in Economics, Econometrics , (with 12 credit points in senior Economics units) or Financial Economics. Students who complete an Econometrics major must complete at least 12 credit points in senior Economics units (ECOS2001/2901 and ECOS2002/2902 are recommended). Continuing students may also choose to follow 2011 resolutions and complete the new Financial Economics major as their compulsory major (or as a secondary major).

Other majors and electives

Students can choose to complete an optional second major and/or electives from the former Faculty of Economics and Business (Business School and School of Economics) or any other faculty of the University of Sydney (subject to approval by the faculty of intended study and degree requirements).

In most cases, a major in these subject areas requires the completion of at least 36 credit points in senior (or intermediate and senior) units of study (usually six units). Students should note that the exact requirements differ between subject areas. Senior units of study may only be counted towards one major.

A maximum of 48 credit points in units of study (both junior and senior) from outside the former Faculty of Economics and Business (Business School and School of Economics) may be selected in the Bachelor of Economics (arranged as either a major or as electives).

Business School and School of Economics subject areas for majors and electives

The following list shows the subject areas from the former Faculty of Economics and Business (Business School and School of Economics) available for students enrolled in the Bachelor of Economics.

  • Accounting
  • Business Information Systems
  • Commercial Law
  • Econometrics
  • Economics
  • Finance
  • Financial Economics
  • Industrial Relations and Human Resource Management
  • International Business
  • Management
  • Marketing
  • Operations Management and Decision Sciences *

* The Quantitative Business Analysis major will replace the Operations Management and Decision Sciences major in 2012. Continuing students can choose to complete either an Operations Management and Decision Sciences major or complete the requirements for the new Quantitative Business Analysis major.

Students should refer the Undergraduate majors page and to the handbook for the year they commenced their degree for details of major requirements.

Degree Progressions

The following tables illustrate degree progression examples of the three options for students under this degree based upon the compulsory major chosen:

These tables show each option and illustrate a degree progression example for a student enrolled in the Bachelor of Economics on a full-time basis completing units of study with a total value of 24 credit points per semester for both options. It is recommended that students follow one of these example options.

Option 1 - Major in Economics

Year / Semester Unit of study 1 Unit of study 2 Unit of study 3 Unit of study 4 Total credit points

Year 1
Semester 1

ECON1001

ECMT1010

E&B junior (major or elective)

junior (major or elective)

24

Year 1
Semester 2

ECON1002

ECMT1020

E&B junior (major or elective)

junior (major or elective)

24

Year 2
Semester 1

ECOS2001/ECOS2901

E&B senior (major or elective)

senior (major or elective)

senior (major or elective)

24

Year 2
Semester 2

ECOS2002/ECOS2902

E&B senior (major or elective)

senior (major or elective)

senior (major or elective)

24

Year 3
Semester 1

Economics senior (major)

Economics senior (major)

E&B senior (major or elective)

senior (major or elective)

24

Year 3
Semester 2

Economics senior (major)

Economics senior (major)

E&B senior (major or elective)

senior (major or elective)

24

Option 2 - Major in Econometrics

Year / Semester Unit of study 1 Unit of study 2 Unit of study 3 Unit of study 4 Total credit points

Year 1
Semester 1

ECMT1010

ECON1001

E&B junior (major or elective)

junior (major or elective)

24

Year 1
Semester 2

ECMT1020

ECON1002

E&B junior (major or elective)

junior (major or elective)

24

Year 2
Semester 1

ECMT2110

ECOS2001/ECOS2901

senior (major or elective)

senior (major or elective)

24

Year 2
Semester 2

Econometrics senior (major)

ECOS2002/ECOS2902

senior (major or elective)

senior (major or elective)

24

Year 3
Semester 1

ECMT3110

Econometrics senior (major)

E&B senior (major or elective)

senior (major or elective)

24

Year 3
Semester 2

Econometrics senior (major)

Econometrics senior (major)

E&B senior (major or elective)

senior (major or elective)

24

Option 3 - Major in Financial Economics

Year / Semester Unit of study 1 Unit of study 2 Unit of study 3 Unit of study 4 Total credit points

Year 1
Semester 1

ECON1001

ECMT1010

E&B junior (major or elective)

junior (major or elective)

24

Year 1
Semester 2

ECON1002

ECMT1020

E&B junior (major or elective)

junior (major or elective)

24

Year 2
Semester 1

ECOS2001/ECOS2901

ECMT2110

senior (major or elective)

senior (major or elective)

24

Year 2
Semester 2

ECOS2002/ECOS2902

ECMT2130

senior (major or elective)

senior (major or elective)

24

Year 3
Semester 1

ECOS3022

Financial Economics senior (major)

E&B senior (major or elective)

senior (major or elective)

24

Year 3
Semester 2

Financial Economics senior (major)

Financial Economics senior (major)

E&B senior (major or elective)

senior (major or elective)

24

Please Note: These degree progressions are meant as examples only. Students may complete units of study in a different order to that set in these tables (depending upon unit prerequisites and other requirements of the degree and major).

Accreditation

Professional accounting accreditation

Students planning to satisfy the entry requirements of CPA Australia or the Institute of Chartered Accountants in Australia should include in their course a prescribed set of units of study, including units of study from Accounting, Business Law, Business Information Systems, and Finance. The required units of study are listed under Professional accreditation in accounting.

Australian Computer Society (ACS) accreditation

Students planning to satisfy the entry requirements of the ACS should include in their course a prescribed set of units of study, including a major in Business Information Systems. The required units of study are listed under Business Information Systems.

Australian Human Resources Institute (AHRI) accreditation

All undergraduate award courses incorporating a major in Industrial Relations and Human Resource Management are AHRI-accredited. Students wishing to satisfy the requirements for professional membership of AHRI should include this major in their course. The required units of study for the major are listed under Industrial Relations and Human Resource Management.

Honours year

For details the honours program, including honours preparation, admission requirements, and areas of study available, please check the Honours information on this website.