Economics (Master of Commerce)
The Economics specialisation 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 Discipline of Economics at the University of Sydney is one of the important training grounds for Economists in the region. The Economics specialisation 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.
This specialisation is offered by the School of Economics in the Faculty of Arts and Social Sciences.
Requirements for the specialisation
The following information is for students who commenced study or transferred into the Master of Commerce from 2012 or students who commenced study in 2011 and wish to follow these requirements for a specialisation. All other students should refer to the information set out below under Information for pre-2012 continuing students.
For the award of a specialisation in Economics, students complete five units of study (30 credit points), comprising:
(i) one foundational unit of study (six credit points), as follows:
(ii) one compulsory unit of study (six credit points), as follows:
(iii) three elective units of study (18 credit points), selected from the following options:
- ECON6001 Microeconomics Analysis 1
- ECON6002 Macroeconomics Analysis 1
- ECON6003 Mathematical Methods of Economic Analysis
- 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*
- ECON6025 Strategic Decision Making
- ECON6026 Strategic Business Relationships *
- ECON6027 Experimental Economics *
- ECON6101 Special Topic in Economics
* Not offered for 2015.
Please Note. Many units require, in addition to the foundational unit ECON5001 and the compulsory unit ECON5002, the completion of either ECON6001 or ECON602 or both these units. Please refer to the individual units listed below for prerequisite requirements.
Note: Non-foundational (advanced) units of study can be used to count to one specialisation only.
For details of all these units of study, please refer to the School of Economics website.
Information for pre-2012 continuing students
Students who commenced study in the Master of Commerce in 2011 may choose to complete their specialisation according to the information set out above or can choose to complete according to the information set out in the following downloadable PDF which lists the 2011 structure. Students should also refer to the handbook of the year they commenced study for exact details of their specialisation requirements.
- Requirements for the Economics specialisation for students who commenced study in the Master of Commerce in 2011
Students who commenced their degree before 2011 (in FH014 Master of Commerce), should follow the requirements for the Major in Economics as set out in the handbook of the year they commenced study.
Availability of this specialisation
This version of this specialisation is available under the following degrees:
- Master of Commerce (12 unit program)
- Master of Commerce (16 unit program)
- Master of Commerce and Master of Logistics Management
- Master of International Business and Master of Commerce
Students enrolled in the Graduate Diploma in Commerce or the Graduate Certificate in Commerce may choose units from this specialisation subject area as electives in their course.