Bachelor of Agricultural Economics

Units of study

All students complete an Agricultural Economics major and one non-Agricultural Economics major. Details of majors can be found in Table 3.

Year 2

AGEC2103 Production Economics

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr Shauna Phillips Session: Semester 1 Classes: 2x1-hr lectures/week, 1x2-hr tutorial/week commencing week 2 Prerequisites: ECON1001 or AGEC1006 or (AGEC1003 and AGEC1004) or RESEC1031 Prohibitions: AGEC2003 Assessment: 2 x assignments (40%) and 1x2hr exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit builds on microeconomic principles studied in first year and applies them to the analysis of firms' decisions. Emphasis is put on the formalization of the firm's problem and in the use of duality. The topics include: production functions (single and multi-output); distance functions and their use in the measurement of productivity; the decomposition of productivity and productivity changes; production under risk; cost and profit functions.
N.B. Available to 2nd year students in the Faculty of Economics and Business
Textbooks
Collection of readings
or
AREC2001 Econ of Biological Production Systems

Credit points: 6 Session: Semester 1 Classes: 1x2hr lecture/week, 1x1hr tutorial/week Prerequisites: ECON1001 or AGEC1006 or AGEC1102 Assessment: 2x1000wd Assignment (40%), 1x2hr Final Exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study is concerned with the application of microeconomic principles to management decisions in agricultural, forest, and fisheries systems. The unit builds on the theoretical knowledge acquired in previous studies and introduces the methods of applied economic analysis through a range of topics including: production functions (single and multi-output), cost and profit functions; methods for the measurement of productivity; optimisation in biological production systems; and production under risk.
AGEC2105 Applied Econometric Modelling 1

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr Shauna Phillips Session: Semester 1 Classes: 2x1-hr lectures/week, 1x1-hr tutorial/week commencing week 2 Prerequisites: (ECMT1010 or MATH1905 or MATH1005 or MATH1015) and ECMT1020 Prohibitions: AGEC2005, ECMT2110 Assessment: 1x1hr exam (25%), 1 x assignment (15%) and 1x2hr exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
Applied Econometric Modelling is designed to provide students with a sound understanding of the application of applied econometric methods to the agricultural and resource sectors. Topics covered will include: single and multiple regression, forecasting, dummy variables, violations of OLS assumptions, dynamics, binary choice models, and an introduction to cointegration. Emphasis will be placed on developing the ability to estimate and interpret economic relationships. The computing side of the unit involves the use of the statistical package EVIEWS.
This unit of study is designed to develop student understanding and capability in applied regression analysis.
It is a core unit for students in BAgrEc and BResEc, students and a non core unit for BScAgr students.
Students will become familiar with exploring data sets and estimating, interpreting, and assessing regressions that represent economic relationships.
At the end of this unit, students will be able to understand the major concepts and principles of applied regression analysis, estimate simple regressions in EVIEWS and interpret the output, and be able to read, understand, and possibly replicate recent literature in agricultural and resource economics journals that apply econometric methods.
The students will gain research and computing skills.
Textbooks
D.N. Gujarati & D.C. Porter, Basic Econometrics, 5th Ed. (McGraw-Hill Irwin), New York.
or
ECMT2150 Cross Section Econometrics

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/week Prerequisites: (ECMT1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015) AND ECMT1020 Prohibitions: ECMT2110 Assessment: 4x250wd Individual Assignments (20%), 1x1hr Mid-semester Test (30%), 1x2hr Final Exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit will provide an introduction to the key issues involved in with the econometrics of cross-section and panel data. The topics this unit will cover include: instrumental variables; estimating systems by OLS and GLS; simultaneous equation models; discrete-choice models; treatment effects; and sample selection. Throughout the unit, emphasis will be placed on economic applications of the models. The unit will utilise practical computer applications, where appropriate.
ECOS2001 Intermediate Microeconomics

Credit points: 6 Session: Semester 1,Semester 2,Summer Main Classes: 1x2hr lecture/week, 1x1hr tutorial/week Prerequisites: ECON1001 or BUSS1040 Corequisites: ECMT1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015 Prohibitions: ECON2001, ECOS2901, ECON2901 Assessment: Tutorial participation (10%), 2x in-class tests (40%) and 2hr Final exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: Certain combinations of Maths/Stats may substitute for Econometrics. Consult the School of Economics Undergraduate Coordinator.
The aim of Intermediate Microeconomics is the development of theoretical and applied skills in economics. It covers applications and extensions of the theory of consumer choice, firm behaviour and market structure. Emphasis is given to the economics of information and choice under uncertainty; industry structures other than monopoly and perfect competition; markets for factors of production; general equilibrium and economic efficiency; market failure and the role of government. This unit provides a basis for the more specialised options that comprise third year economics.
And 1 elective unit from Tables 1 and 2, with a view to completing a Table 4 non-AGEC major
AGEC2101 Market and Price Analysis

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr. Shyamal Chowdhury Session: Semester 2 Classes: 1x2-hr lectures/week, 1x1-hr tutorial/week commencing week 2 Prerequisites: AGEC1006 or (AGEC1003 and AGEC1004) or AGEC1002 or AGEC1102 or RSEC1031 or AGEC1031 Prohibitions: AGEC2001 Assessment: 1x1hr in-class mid-term exam (20%), 1x3000wd assignment (20%), 1x2hr final exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit focuses on the nature of agricultural and resource commodity markets, market demand relationships, market supply relationships, price determination under alternative market structures, marketing margin relationships, derived demand for inputs, spatially and temporally related markets, market dynamics, price expectations, commodity futures markets and other pertinent topics. Applied examples from the agricultural and resource industries and the overall economy will be used throughout the semester as illustrations of the principles involved.
N.B. Available to 2nd year students in Faculty of Economics and Business.
Advised prerequisite: AGEC2105 or ECMT2110
or
AREC2002 Commodity Market and Price Analysis

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/week Prerequisites: ECON1001 or AGEC1006 or AGEC1102 Assessment: 1x50min Mid-semester Test (20%), 1xGroup Assignment (1000wd equiv) (20%), 1x2hr Final Exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit focuses on the nature of agricultural and resource commodity markets, market demand relationships, market supply relationships, price determination under alternative market structures, marketing margin relationships, derived demand for inputs, spatially and temporally related markets, market dynamics, price expectations, commodity futures markets and other pertinent topics. Applied examples from the agricultural and resource industries and the overall economy will be used throughout the semester as illustrations of the principles involved.
ECOS2002 Intermediate Macroeconomics

Credit points: 6 Session: Semester 1,Semester 2,Summer Main Classes: 1x2hr lecture/week, 1x1hr tutorial/week Prerequisites: ECON1002 Corequisites: ECMT1020 Prohibitions: ECON2002, ECOS2902, ECON2902 Assessment: Mid-semester test (30%), assignments (20%) and 2hr Final exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: Certain combinations of Maths/Stats may substitute for Econometrics. Consult the School of Economics Undergraduate Coordinator.
This unit of study develops models of the goods, money and labour markets, and examines issues in macroeconomic policy. Macroeconomic relationships, covering consumption, investment, money and employment, are explored in detail. Macro-dynamic relationships, especially those linking inflation and unemployment, are also considered. Exchange rates and open economy macroeconomics are also addressed. In the last part of the unit, topics include the determinants and theories of economic growth, productivity and technology, the dynamics of the business cycle, counter-cyclical policy and the relationship between micro and macro policy in the context of recent Australian experience.
And 3 elective units from Tables 1 and 2, with a view to completing a Table 4 non-AGEC major

Year 3

AGEC3102 Agricultural and Resource Policy

Credit points: 6 Teacher/Coordinator: A/Prof Michael Harris Session: Semester 1 Classes: 1x2-hr lecture + 1x1-hr lectures/week, 1x1-hr tutorial/fortnightly Prerequisites: (AGEC2001 or AGEC2101) and (AGEC2003 or AGEC2103) Prohibitions: AGEC3002 Assessment: 1x2.5hr exam (70%) and 3x600 wd problem sets (30%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit covers the theoretical framework for economic analysis of policy interventions (welfare economics and public choice theory). Emphasis is put on building the skills needed to analyze the incidence of economic policy and on the design of policies under asymmetric information. An understanding of the institutional structure of agricultural and resource policy in Australia is promoted through the direct contact with policy makers, public agencies and lobbying groups.
N.B. Available to 3rd year students in the Faculty of Economics and Business
Textbooks
To be advised
AGEC3103 Applied Optimisation

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr Shauna Phillips Session: Semester 1 Classes: (2x1hr lec & 1x2hr tut/lab session)/wk, commencing week 1 Prerequisites: (AGEC2001 or AGEC2101) and (AGEC2003 or AGEC2103) Prohibitions: AGEC3101, AGEC3001 Assessment: 1x2hr exam (70%) and 2 assignments (better done one (18%), other (12%)) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study deals with constrained optimization problems in which one or more constraints are inequalities. Such problems are explored/solved by "mathematical programming" techniques. The main focus of the unit is on linear programming (LP) problems, viz. problems in which the objective function and the constraint functions are all linear, and the application of LP in agricultural and other planning contexts. Topics include graphical and mathematical representation of LP problems, solution methods, solution information, stability of optimal solutions, primal and dual formulations and parametric programming. After covering the essentials of LP and its extension to integer LP, the focus shifts to modelling real world scenarios as optimization problems. Students are streamed: one group deals with specialized LP formulations (e.g. transportation model, stochastic programming). The other examines dynamic optimization for problems that involve inter-temporal resource allocation. Students develop experience and confidence in the use of spreadsheet-based optimizer routines, and with specialised optimization packages (e.g. LINDO).
or
AGEC3101 Agribusiness Management

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr Shauna Phillips Session: Semester 2 Classes: 2x1-hr lectures/week, 1x2-hr tutorial/week commencing week 2 Prerequisites: AGEC2103 or AGEC2003 or AGEC1006 Prohibitions: AGEC3001, AGEC1102, AGEC3103 Assessment: 1x2hr exam (50%) and 1x50 min mid-semester exam (15%) and 1 assignment (25%) and workshop reports (10%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study is designed to introduce decision making problems encountered by firms and agribusiness firms and general methods of solving microeconomic decision making problems. It is unit of study that builds on knowledge gained in junior units of study in particular AGEC1006, AGEC2103 and AGEC2102. Students will review production economics and activity analysis and show how budgeting methods can be used to relate them. They will extend these budgeting techniques to problems of time and risk, using capital and parametric budgeting. Students will also be introduced to linear programming and show how this tool is a practical method of solving decision making problems. Students will learn to consider methods for solving decision making problems where the outcomes are not known with certainty. The students will gain skills through workshop based tasks, an assignment, information literacy and communication skills through the presentation of the workshop reports and discussion throughout the workshop.
or
AREC3001 Production Modelling and Management

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/fortnight Prerequisites: AREC2001 or AGEC2103 or ECOS2001 or ECOS2901 Assessment: 1x2hr Final Exam (60%), 1x50min Mid-semester Test (15%), 1x1500wd Assignment (25%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit builds on the principles of biological production economics and introduces optimisation methods to solve decision making problems encountered by agribusiness and natural resource firms and managers in public agencies. The principle focus is on the application of linear programming techniques, and students learn to consider solving decision making problems where the outcomes are not known with certainty, and where the timing of decisions is of essence.
AGEC3104 Research Methods

Credit points: 6 Teacher/Coordinator: A/Prof Michael Harris Session: Semester 2 Classes: 2x1-hr lectures/week & 1x1-hr tutorial/fortnight Prerequisites: AGEC2105 Prohibitions: AGEC3004 Assessment: 1x2500wd assignment(40%) and 1x2 hr exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit deals with the nature of research and inquiry in applied economics. Topics covered will include: alternative philosophical perspectives on inquiry; scientific method; research as an orderly process of enquiry; preparation of research proposals; secondary data sources for agricultural and resource economists; collection of primary data;; and methods of analysis of data. Topics are illustrated with examples of research in theoretical economics and empirical research. Students are expected to read widely. Development of practical research skills, including the ability to critically and statistically synthesise and interpret data will be fostered by the completion of applied computer-based workshop exercises. Information literacy skills and the ability to summarise and synthesise information and use it to inform an argument will be improved through the preparation of a literature review and a research proposal.
And 5 elective units from Table 2 across semester 1 and 2, with a view to completing a Table 4 non-AGEC major

Year 4

Year 4 WAM will be calculated based on the units chosen from the Year 4 Units of Study Table.
AFNR4001 Professional Development

Credit points: 6 Teacher/Coordinator: Dr Damien Field Session: Semester 2 Classes: Workshops over four years Prohibitions: AGRF4000 Assessment: 1x blog posting (10%), 1x on-line (multi-media) (30%) and 1x portfolio (60%) Practical field work: 40 days of professional experience, 1 week long excursion Mode of delivery: Normal (lecture/lab/tutorial) day
Note: Department permission required for enrolment
This unit of study is designed to allow students to critically reflect on the relationship between the rural enterprise and environment and how they can contribute to the future decisions and management affecting the rural community. It is a core unit of study in 4th year for the BAgrEc, BScAgr, BLWSc, BResEc, BHortSc which requires students to complete 40 days of professional experience with the expectation that students will examine the nature of facts from their degree in this environment. A minimum of 15 days must be completed on-farm/field. The remaining days may be at the student's discretion. The unit will be counted towards 4th year, but professional experience placements will normally be undertaken throughout the degree. In the early stages of the Professional Development program students participate in Faculty excursions that have been developed so they can experience a range of activities, such as research, extension, on-farm and industry both in the rural and urban environment to complement their learning within their individual degree programs. Building on this various workshops have been developed to assist students to identify a rural environment theme or issue of their interest with the specific emphasis being placed on them reflecting on how their new understandings of their theme of interest affects their personal and professional development. To complete this unit students will present a portfolio of their theme including critical reflection on the pivotal relationships between the academic degree, rural environment, professional experience, and beliefs and values if the rural community. Through developing these pivotal relationships, students will be able to use their new understandings to support and guide the future developments in the rural enterprise and environment. By developing and presenting the portfolio and engaging in other online activities the students will enhance their skills in inquiry, information literacy and communication. In particular the autonomous development of case studies reflecting the contemporary issues in agriculture and their professional placements the students will have to consider their understandings of ethical, social and professional issues and further develop the personal and intellectual autonomy.
Note: Department permission required for enrolment
and
AGEC4112 Research Project A

Credit points: 9 Teacher/Coordinator: Dr Shauna Phillips Session: Semester 1 Classes: 1x2-hr lectures/week Prerequisites: 2 units out of AGEC3102, AGEC3103, AGEC3104 or AGEC3004 Prohibitions: AGEC4012 Assessment: Individual report (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: Department permission required for enrolment
Note: Department permission required for enrolment.
In this unit of study, students develop their ability to undertake a research project in economics. The unit builds on theoretical and applied knowledge gained throughout the degree. Each student will develop a well defined research project in close collaboration with an academic supervisor. In addition to improving their research skills through the design and report on a single research study, students will improve their communication skills through oral presentation of their work.
and
AGEC4113 Research Project B

Credit points: 9 Teacher/Coordinator: Dr Shauna Phillips Session: Semester 2 Classes: 1x2-hr lectures/week Prerequisites: 2 units out of AGEC3102, AGEC3103, AGEC3104 or AGEC3004 Prohibitions: AGEC4013 Assessment: Individual report (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: Department permission required for enrolment
Note: Department permission required for enrolment.
This unit of study is taken in conjunction with the companion unit, AGEC4112 Research Project A. See AGEC4112 for details.
or
AGEC4121 Research Exercises A

Credit points: 9 Teacher/Coordinator: Dr. Shyamal Chowdhury Session: Semester 1 Classes: 1x2-hr lectures/week Prerequisites: 2 units out of AGEC3101, AGEC3102, AGEC3103, AGEC 3104 or AGEC3004 Prohibitions: AGEC4112, AGEC4012 Assessment: Group report (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study should be taken in conjunction with the companion unit, AGEC4122 Research Exercises B. Students develop skills in economic research by participating in the designing, undertaking and reporting on one or more research exercises undertaken under the guidance of a staff member. Students work in groups on a project that is common to the entire class. Students may be required to work on separate aspects of that project or may be required to prepare individual and/or group written reports and/or oral presentations concerning data acquisition, analysis and interpretation of results. Students who undertake this unit will not be eligible for honours.
and
AGEC4122 Research Exercises B

Credit points: 9 Teacher/Coordinator: A/Prof Dilip Dutta Session: Semester 2 Classes: 1x2-hr lectures/week Prerequisites: 2 units out of AGEC3101, AGEC3102, AGEC3103, AGEC3104, or AGEC3004 Prohibitions: AGEC4113, AGEC4013 Assessment: Group report (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study is taken in conjunction with the companion unit, AGEC4121 Research Exercises A. See AGEC4121 for details.
And 4 AGEC or RSEC or AREC elective units of study from the list below across semesters 1 and 2. Two units would normally be chosen for semester 1 and 2 units for semster 2. A maximum of 2 level 4000 RSEC or 2 of AREC3003 and AREC3004 units for the entire year can be completed.
Note, you cannot double count units in your degree, for example if you have completed ECOS3006, you can only count this unit of study as either a year 3 or year 4 unit, likewise units of study can only count towards one major.
Semester 1 elective units below:
AGEC4103 International Agricultural Trade

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr Shauna Phillips Session: Semester 1 Classes: 2x1-hr lectures/week, 1x1-hr tutorial/week commencing week 2 Prerequisites: (AGEC2001 or AGEC2101) and (AGEC2003 or AGEC2103) Prohibitions: AGEC4003 Assessment: 1x1hr exam (25%),1 x essay (15%) and 1x2hr exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
In this unit of study the basic economic principles underlying international trade in agricultural and resource commodities and the policies involved will be presented. Issues related to trade and development will also be considered. The main topics covered will include: trends in agricultural and resources trade; economics and politics of protection, economic integration and impacts on international commodity trade; international trade policy making. An understanding of globalisation, including foreign direct investment, will also be required. Extensive reading will be required.
Textbooks
Krugman and Obstfeld. International Economics: Theory and Policy, 9th Ed. (Pearson Addison Wesley), New York.
or
ECOS3006 International Trade

Credit points: 6 Session: Semester 1 Classes: 1x2hr lecture/week, 1x1hr tutorial/fortnight Prerequisites: (ECOS2001 or ECON2001) or (ECOS2901 or ECON2901) Prohibitions: ECON3006 Assessment: problem sets (5%), Mid-semester test (35%) and 2hr Final exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study provides a systematic analysis of the theory of international trade and trade policy. Initially differences between countries are emphasised as the source of trade and the gains from trade. Models that are examined include the Classical-Ricardian model, the Heckscher-Ohlin model and the Specific-Factors model. Next economics of scale and imperfect competition are introduced as sources of trade and gains from trade. The unit concludes with an examination of empirical studies aimed at testing trade theories. The analysis of trade policy begins with a discussion of the instruments of trade policy, in particular, tariffs and quotas and their effect on welfare. This discussion is then extended to the case of imperfect competition and strategic trade policy.
AGEC4107 Special Topics

Credit points: 6 Teacher/Coordinator: Dr Shauna Phillips Session: Semester 1,Semester 2 Classes: Individual research and consultation Prohibitions: AGEC4007 Assessment: Research paper (100%). Mode of delivery: Normal (lecture/lab/tutorial) day
Note: Department permission required for enrolment
This unit deals with the specialised areas of agricultural and resource economics of particular interest to approved students. The student will read under the guidance of a member of staff and complete designated learning tasks.
Textbooks
Individual reading.
RSEC4131 Benefit-Cost Analysis

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr Shauna Phillips Session: Semester 1 Classes: 1x2 hr lecture/wk commencing week 1 & 1x1 hr tut/wk, commencing week 2. Prerequisites: (ECON2001 or ECOS2001) and (AGEC2103 or AGEC2003) Prohibitions: AGEC4037 Assessment: 1 x oral presentation (5%), 1 x written group-work essay (20%), 1 x 1hr mid-semester exam (25%), 1 x 2hr final examination (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit provides a detailed treatment of benefit-cost analysis and its use in public sector decision making and project evaluation. The underpinning concepts in welfare economics are analysed in detail, such as economic efficiency, criteria for assessing social welfare improvements, and economic surplus measures. Procedures of undertaking a benefit-cost analysis are presented, and tools of non-market valuation for environmental assets are covered in detail. These techniques include both stated and revealed preference techniques, including contingent valuation, choice modeling, hedonic pricing and travel cost methods.
or
AREC2004 Benefit-Cost Analysis

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/week Prerequisites: ECON1001 or AGEC1006 or AGEC1102 Assessment: 1x200wd Oral Presentation (5%), 1xGroup-work Essay (1000wd equiv) (20%), 1x50min Mid-semester Test (25%), 1x2hr Final Exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
Foundational concepts in welfare economics, such as economic efficiency, criteria for assessing social welfare improvements, and economic surplus measures, are analysed in detail and applied to project evaluation and policy assessment. Procedures of conducting a benefit-cost analysis are presented, and tools of non-market valuation for public goods and environmental assets are covered in detail. These techniques include both stated and revealed preference techniques, including contingent valuation, choice modeling, hedonic pricing and travel cost methods.
AGEC4108 Quantitative Planning Methods

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr Shauna Phillips Session: Semester 2 Classes: (2x1hr lec & 1x2 tut/lab session)/wk, commencing week 1 Prerequisites: AGEC3101 or AGEC3103 or AGEC3031 or AGEC3001 Prohibitions: AGEC4008 Assessment: 1x2hr exam (70%) and 2 assignments (better done one (18%), other (12%)) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: Department permission required for enrolment
This unit examines the use of mathematical methods and models in planning at both the individual firm level and the sector level. While the principal focus is on formal optimization, simulation and Monte Carlo methods are also discussed. Topics include non-linear programming, stochastic programming, elements of input-output analysis, computable general equilibrium analysis, dynamic problems and methods (e.g. dynamic programming and optimal control). Sectoral level planning applications considered include transportation and plant location studies; spatial equilibrium; and resource utilization across time. Firm level applications may include multi-period planning, queuing problems, inventory analysis, and replacement problems. Extensive use is made of computer-based optimization.
RSEC4133 Economics of Mineral & Energy Industries

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr Tihomir Ancev Session: Semester 2 Classes: 2x1-hr lectures/week commencing week 1, 1x1-hr tutorial/week commencing week 2 Prerequisites: (ECON2001 or ECOS2001) and (AGEC2103 or AGEC2003) Prohibitions: ECON3013 Assumed knowledge: (ECON2002 or ECOS2002), AGEC3001, AGEC2101, AGEC2105 Assessment: Excursion attendance and report (25%); 1x1hr mid-term exam (30%) and 1x2 hr final exam (45%) Mode of delivery: Normal (lecture/lab/tutorial) day
The unit provides theoretical and empirical background on the economics of minerals exploration, extraction and marketing and on the economics of energy generation, distribution and use. The economics of minerals and energy commodity markets will be discussed and analysed. The interactions of mineral extraction and energy generation activities with other natural resources and the environment will be of particular interest (e.g. mine site remediation, land use conflicts). Sustainability and prospects for long term efficient use of these resources, as well as the development and use of alternative technologies will also be discussed. In addition, institutional and policy issues (e.g. regulatory reform), will be analysed. The unit will discuss the main aspects of the markets for minerals and energy, market structure, business environment and price movements. The unit will also provide an introductory discussion on the markets for derivatives (options, futures, forward, swaps) on minerals and energy commodities.
Textbooks
Brennan, T.J., Palmer, L.K. and Martinez, A.S., Alternating Currents: Electricity Markets and Public Policy, Resources for the Future Press, Washington D.C., 2002.
or
AREC3003 Econ of Minerals and Energy Industries

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/fortnight Prerequisites: AREC2003 or RSEC2031 or ECOS2001 or ECOS2901 Assessment: 1x50min Mid-semester test (35%), 1x2hr Final Exam (50%), 3x500wd Tutorial Reports (15%) Mode of delivery: Normal (lecture/lab/tutorial) day
The unit builds on previously acquired economics training and develops advanced understanding of the economics of minerals exploration, extraction and marketing and the economics of energy generation, distribution and use. The implications of mineral extraction and energy generation activities for natural resources and the environment are explored. The unit will foster in-depth knowledge of the markets for minerals and energy, their industry structure and business environment, including the role of markets for derivatives on minerals and energy commodities.
AGEC4102 Agricultural Development Economics

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr. Shyamal Chowdhury Session: Semester 2 Classes: 1x2-hr lectures/week, 1x1-hr tutorial/week commencing week 2 Prerequisites: (AGEC2001 or AGEC2101) and (AGEC2003 or AGEC2103) Assessment: 1x2000 wd problem set (20%), 1x1000 wd review (10%), 1x15min presentation (5%), 1x1page evaluation of a peer (5%), and 1x2hr final exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit focuses on the microeconomic analysis of development, with a special emphasis on the importance of market failures in financial markets as origin of persistent poverty. The unit also addresses policy interventions to overcome such failures and the challenges in their evaluation. A special emphasis is put in the discussion of the role of agriculture in development, and the evidence supporting its importance in poverty reduction.
Textbooks
Debraj Ray, Development Economics, Princeton University Press.
or
ECOS3002 Development Economics

Credit points: 6 Session: Semester 1 Classes: 1x2hr lecture/week, 1x1hr tutorial/fortnight Prerequisites: One of (ECOS2001 or ECON2001) or (ECOS2002 or ECON2002) or (ECOS2901 or ECON2901) or (ECOS2902 or ECON2902) Prohibitions: ECON3002 Assessment: 2x in-class tests (30%) and 2.5hr Final exam (70%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit examines the role of the state, rationale for planning and market mechanisms in developing economies, and also the sociocultural preconditions and economic requirements for a market economy. It focuses on a wide range of developmental problems and issues from both microeconomic and macroeconomic points of view. It closely studies the integration process of the traditional segment of a developing society into its modern counterpart in countries selected from Asia, Africa, Latin America, the Caribbean, and the Pacific regions.
AGEC4104 Industrial Organization of Agribusiness

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr David Ubilava Session: Semester 1 Classes: 1x2-hr lectures/week, 1x1-hr tutorial/week commencing week 2 Prerequisites: (AGEC2001 or AGEC2101) and (AGEC2003 or AGEC2103) Assessment: 1x2000 wd assignment (20%), 1x1000 wd review (10%), 1x15min presentation (5%), 1x1page evaluation of a peer (5%), and 1x2hr final exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit focuses on applications of economic theory and methods in agribusiness decision making. It provides advanced treatment of the industrial organisation of agribusiness firms. Case studies will be used to examine the economic complexities of global agribusiness systems. Extensive readings make up the central component of the unit.
Textbooks
Collections of readings.
or
ECOS3005 Industrial Organisation

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/fortnight Prerequisites: ECOS2001 or ECON2001 or ECOS2901 or ECON2901 Prohibitions: ECOS2201, ECON3005 Assessment: Mid-semester test (35%), problem sets (5%) and 2hr Final exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study examines the nature of inter-firm rivalry in industries with market power. It explores the various ways in which firms can increase their market power by: extracting more surplus from consumers, by colluding with rivals or by excluding entrants. The unit also analyses the international competitiveness of industries in the context of industry assistance and the prevalence of foreign multinationals. Competition policy is also discussed.
RSEC4132 Environmental Economics

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr Tihomir Ancev Session: Semester 2 Classes: 2x1-hr lectures/week commencing week 1, 1x1-hr tutorial/week commencing week 2 Prerequisites: ECON2001 or ECOS2001 or AGEC2103 or AGEC2003 or RSEC2031 Prohibitions: ECON3013, AGEC4035 Assumed knowledge: (ECON2001 or ECOS2001), (ECON2002 or ECOS2002), (AGEC3001 or AGEC3101), AGEC2101, AGEC2105 Assessment: 1 x report and presentation from the practical experience in environmental economics (20%), 1x1hr mid-term exam (30%), and 1x2hr final exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
The unit provides theoretical and empirical background necessary for a resource economist to be able to successfully function when faced with various environmental problems. The unit investigates economic aspects of a range of environmental issues. The studied concepts are exemplified with environmental problems related to agriculture (soil salinity, algal blooms, overgrazing etc.) as well as with environmental problems typical to Australia. The guiding economic themes are: competing uses of the environment / externalities, market failure, the importance of property rights, optimal allocation of pollution abatement, and the processes for making choices relating to non-market goods. Some social issues with environmental impacts are studied through exploration of the problems of population size and distribution, economic growth, and environmental regulation.
Textbooks
Perman, R., Y. Ma, J. McGilvray and M. Common. Natural Resource and Environmental Economics. Pearson, 3rd Ed. 2003
or
ECOS3013 Environmental Economics

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/week Prerequisites: AREC2003 or RSEC2031 or ECOS2001 or ECOS2901 Assessment: 1x1500wd Essay (25%), 1hr Mid-semester test (25%), 1x2hr Final exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
The natural environment is invariably affected by production and consumption in our modern economy. In particular, environmental outcomes are important in the presence of market failures (externalities and public goods). This unit focuses on developing a student's detailed understanding of the economic techniques used by policymakers to address environmental issues. These techniques include: Pigovian taxes and subsidies; regulation with asymmetric information; marketable permits; pricing contributions for public goods; optimal damages; and the allocation of property-rights and market failures.
AGEC4101 Agricultural Marketing Analysis

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr Elizabeth Nolan Session: Semester 2 Classes: 2x1-hr lectures/week, commencing week 1 Prerequisites: (AGEC2001 or AGEC2101) and (AGEC2003 or AGEC2103) Prohibitions: AGEC4004 Assessment: Problem sets (30%) 1x2hr exam (40%) 1x3000wd essay (30%). Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study is designed to provide an understanding of the underlying forces driving agricultural markets. Its content is analytical, and draws heavily on applied microeconomics. The unit addresses price analysis and pricing efficiency, including aspects of form, time and space in agricultural marketing; information and contracts; changing consumer concerns (food safety, ethical production); futures market and other risk sharing devices. The main learning aims of the unit are development of student skills in understanding the fundamental concepts in marketing theory and applying them to the agribusiness industry, and further development of students' analytical abilities in the context of agricultural marketing. Extensive reading will be required.
Textbooks
To be advised
or
AREC3002 Agricultural Markets

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/fortnight Prerequisites: AREC2001 or AGEC2103 or ECOS2001 or ECOS2901 Assessment: 1x1000wd Problem Sets (30%), 1x2hr Final Exam (40%), 1x1500wd Essay (30%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study is designed to provide an understanding of the underlying forces driving agricultural markets. It addresses price analysis and efficiency, including aspects of form, time and space in agricultural marketing; information and contracts; changing consumer concerns (food safety, ethical production); futures market and other risk sharing devices. Building on the application of microeconomic theory to both production and consumption in agricultural markets, its content is analytical.
AGEC4109 Agricultural Finance and Risk

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr Shauna Phillips Session: Semester 2 Classes: (2x1hr lec & 1x2hr tut/lab session)/wk, commencing week 1. Prerequisites: {(AGEC3001 or AGEC3101) and (AGEC2003 or AGEC2103)} OR (AGEC1102 and AGEC3103) Prohibitions: AGEC4009 Assessment: 1x2hr exam (70%) and 2 assignments (better done one (18%), other (12%)) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit has two related components. One component concerns risk and risk management in agriculture; the other deals with issues of agricultural producer finance. Risk topics include: risk measurement, subjective probability, adjusting beliefs as a result of new information; risk attitudes; decision making under risk; expected utility theory; valuing information; generalizations of expected utility theory; E-V analysis; stochastic dominance; internal measures to cope with risk including diversification and flexibility; insurance, futures, options and other market instruments for managing risk. Finance topics include the implications of capital market imperfections and consequential differences between corporate and small business finance; financial relationships between debt/equity levels and risk, optimal debt levels; cost of capital; short term working capital management; and longer term capital (investment) budgeting. Techniques of valuation of projects in risk-free and risk situations are examined.
or
AREC3005 Agricultural Finance and Risk

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/fortnight Prerequisites: AREC2001 or AGEC2103 or AREC2002 or AGEC2101 or ECOS2001 or ECOS2901 Assessment: 1x2hr Final Exam (70%), 2x1500wd Assignments (30%) Mode of delivery: Normal (lecture/lab/tutorial) day
Agricultural production is typically risky, adding complexity to decision analysis and increasing need of risk consideration in agricultural policy design. This unit explores this theme, and has two related components: risk and risk management in agriculture, and issues of agricultural producer finance. These two components cover a broad range of topics that incorporate production risk and other sources of risk in agriculture.
RSEC4134 Economics of Water & Bio-resources

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr Tihomir Ancev Session: Semester 2 Classes: 2x1-hr lectures/week commencing week 1, 1x1-hr tutorial/week commencing week 2 Prerequisites: (ECON2001 or ECOS2001) and (AGEC2103 or AGEC2003) Prohibitions: ECON3013 Assumed knowledge: (ECON2002 or ECOS2002), AGEC3001, AGEC2101, AGEC2105 Assessment: 1xessay (35%); 1x1hr mid-term exam (25%); 1x2hr final exam (40%) Mode of delivery: Normal (lecture/lab/tutorial) day
The unit consists of two complementary parts: water economics and economics of biological resources (fisheries, forestry, other wildlife). The main objective of the water economic component is to investigate the economic aspects of water use and water quality. In particular approaches toward efficient use of the water resource over time, optimal allocation of water among competing uses and achievement of the socially optimal level of water quality will be discussed. The demand for water from various sectors will be analysed in both static and dynamic settings. Issues considered include the selection and construction of water storages, aquifer water extraction and alternative water sources. The issues of waste water disposal and water quality, changing water technologies, and water pollution will be also discussed. There will be particular emphasis on the economic mechanisms for managing the water resources including property rights, water allocation and water markets. The key policy instruments (taxes, quotas, standards) in these areas will be analyzed and discussed. The institutional and policy aspects will also be considered through analysis of water policy reform in Australia and elsewhere. The main objective of the economics of biological resources will be to introduce students to the bio-economic modelling of the resources that experience biological growth. This will be prominently exemplified through various aspects of fishery economics. The unit will also discuss the economics of forestry.
Textbooks
Bergstrom, Boule and Poe (Eds.), The Economic Value of Water Quality, Edward Elgar Pub., 2001.
or
AREC3004 Economics of Water and Bio-Resources

Credit points: 6 Session: Semester 1 Classes: 1x2hr lecture/week, 1x1hr tutorial/fortnight Prerequisites: AREC2003 or RSEC2031 or ECOS2001 or ECOS2901 Assessment: 1x50min Mid-semester Test (35%), 1x2hr Final Exam (50%), 3x500wd Tutorial Reports (15%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit develops knowledge and skills in natural resource economics built on previously gained economics training. The economics of dynamic natural systems is studied through application of advanced modelling approaches. Particular emphasis is given to the economic mechanisms for managing water and biological resources including property rights, water allocation and water markets. Key policy instruments (taxes, quotas, standards) are analysed. Institutional and policy aspects will also be considered via analysis of water policy reform in Australia and elsewhere.
Table 1 BAgrEc Years 1 and 2 elective units
ACCT1006 Accounting and Financial Management

Credit points: 6 Teacher/Coordinator: Semester 1: Janine Coupe; Semester 2: TBA Session: Semester 1,Semester 2 Classes: 1x 1.5hr lecture and 1x 1.5hr tutorial per week Prerequisites: ACCT1005 or BUSS1030 Prohibitions: ACCT1003, ACCT1004, ACCT1001, ACCT1002 Assessment: Tutorial work (10%), practice set (15%), mid-semester exam (25%) and final exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
Accounting and Financial Management is an introduction to financial reporting, and the gateway unit to further study in accounting leading to a major in accounting. This unit builds upon the accounting context, presented in BUSS1030 Accounting, Business and Society, with the aim of developing the technical skills of recording basic business transactions through accounting systems. In addition to this technical focus, specific attention will be given to the way in which the accounting information can be used to undertake financial management and analysis, to give students the ability to produce and interpret financial reports.
BUSS1030 Accounting, Business and Society

Credit points: 6 Teacher/Coordinator: Semester 1: Paul Blayney; Semester 2: TBA Session: Semester 1,Semester 2 Classes: 1x 1.5hr lecture and 1x 1.5hr tutorial per week Prohibitions: ACCT1001, ACCT1003, ACCT1004, ACCT1005, ACCT1002 Assessment: Tutorial contribution (15%), written assessment (10%), mid-semester examination (25%) and final examination (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: This unit of study is a compulsory part of the Bachelor of Commerce and combined Bachelor of Commerce degrees.
This unit investigates the fundamentals of accounting and aims to provide a broad understanding of the role of accounting in the context of business and society. The format of the unit is designed to show that there are many uses of accounting data. The focus moves from accountability to decision making; both functions are explained through examples such as the 'double entry equation', and from an output (financial statements) perspective. Some more technical aspects of accounting are outlined, including the elements of assets, liabilities, revenues and expenses within simple, familiar scenarios. Besides developing an understanding of the role of accounting via conventional financial reports, recent developments including the discharge of accountability by companies through the release of corporate social and environmental reports and the global financial crisis, are explored through an accounting lens.
BIOL1001 Concepts in Biology

Credit points: 6 Teacher/Coordinator: Dr Charlotte Taylor Session: Semester 1,Summer Main Classes: Two 1-hour lectures and one 3-hour practical per week. Prohibitions: BIOL1101, BIOL1991, BIOL1500, BIOL1901, BIOL1911 Assumed knowledge: HSC Biology, however, students who have not completed HSC Biology (or equivalent) are strongly advised to take the Biology Bridging Course (in February). Assessment: One 2-hour exam, assignments tests and lab quizzes (100%). Mode of delivery: Normal (lecture/lab/tutorial) day
Concepts in Biology is an introduction to the major themes of modern biology. The unit covers fundamental cell biology, with a particular emphasis on cell structure and function; the foundations of molecular biology from the role of DNA in protein synthesis to the genetics of organisms; and the theory of evolution and principles of phylogenetic analysis, including how these are used to interpret the origins of the diversity of extant organisms. Practical classes focus on students designing experiments, making and recording their observations and communicating their findings. The unit emphasises how biologists carry out scientific investigations, from the molecular and cellular level to the level of ecosystems. This unit of study provides a good foundation for intermediate biology units of study.
Textbooks
Knox R B et al. Biology, An Australian Focus. 4th ed. McGraw-Hill. 2010
BIOL1002 Living Systems

Credit points: 6 Teacher/Coordinator: Dr William Figueira Session: Semester 2 Classes: Two 1-hour lectures and one 2.5-hour practical per week and tutorials every few weeks. Prohibitions: BIOL1500, BIOL1902; BIOL1992 Assumed knowledge: HSC Biology, however, students who have not completed HSC Biology (or equivalent) are strongly advised to take the Biology Bridging Course (in February). Assessment: One 2-hour exam, assignments, quizzes (100%). Mode of delivery: Normal (lecture/lab/tutorial) day
Living Systems deals with the biology of organisms as individuals, within populations and as part of communities and ecosystems. A broad range of taxa is presented, from bacteria to large plants and animals, and emphasis is placed on understanding the ways in which they can live in different habitats. Behaviour is discussed as a key process linking organismal-level processes to population and community dynamics. The importance of energy in living systems, and how elements are used and recycled in biological communities, are introduced as the basis of ecosystems. The unit of study includes lectures and laboratory classes on the physiology and behaviour of animals and plants, the ways in which organisms control and integrate their activities and the processes controlling dynamics of populations and community. These themes are revisited within applied contexts to discuss issues such as management and conservation. This unit of study provides a good foundation for intermediate biology units of study.
Textbooks
Knox R B et al. Biology. An Australian Focus. 4th ed. McGraw-Hill. 2010.
CLAW1001 Foundations of Business Law

Credit points: 6 Teacher/Coordinator: Mr Giuseppe Carabetta Session: Semester 1,Semester 2 Classes: Two hours of lectures and a one hour tutorial per week Assessment: Mid-Semester exam (20%), Case Analysis Assignment (20%), Final exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
The entire fabric of commerce is woven from a complex legal regime, judicial and statutory, which regulates all commercial activity. Every decision in business, and every transaction and relationship, is made in the context of this legal regime. The aim of Foundations of Business Law is to introduce the students to the legal framework and regulatory systems which underlie all business activity and to expose them to the legal implications of commercial conduct. This unit of study introduces the Australian legal system and key areas of substantive business law including contracts, torts (in particular negligence and privacy), property and securities, white collar crime, intellectual property, competition and consumer law (in particular advertising, product liability and unfair contracts), business structures and operations, misleading and unconscionable conduct and dispute resolution.
GEOS1001 Earth, Environment and Society

Credit points: 6 Teacher/Coordinator: A/Prof Jody Webster, A/Prof Bill Pritchard, Prof Jonathan Aitchison, Dr Josephine Gillespie Session: Semester 1 Classes: One 2 hour lecture and one 2 hour practical per week. Prohibitions: ENSY1001, GEOS1901, GEOL1001, GEOG1001, GEOG1002, GEOL1002, GEOL1902 Assessment: Exam (50%), 1500 word essay (20%), practical reports (15%), presentation (15%) Mode of delivery: Normal (lecture/lab/tutorial) day
This is the gateway unit of study for Human Geography, Physical Geography, Environmental Studies and Geology. Its objective is to introduce the big questions relating to the origins and current state of the planet: climate change, environment, landscape formation, and the growth of the human population. During the semester you will be introduced to knowledge, theories and debates about how the world's physical and human systems operate. The first module investigates the system of global environmental change, specifically addressing climate variability and human impacts on the natural environment. The second module presents Earth as an evolving and dynamic planet, investigating how changes take place, the rate at which they occur and how they have the potential to dramatically affect the way we live. Finally, the third module, focuses on human-induced challenges to Earth's future. This part of the unit critically analyses the relationships between people and their environments, with central consideration to debates on population change, resource use and the policy contexts of climate change mitigation and adaptation.
GEOS1002 Introductory Geography

Credit points: 6 Teacher/Coordinator: Dr Kurt Iveson, Dr Dan Penny. Session: Semester 2 Classes: One 2 hour lecture per week and eight 2 hour practicals during semester. Prohibitions: GEOG1001, GEOS1902, GEOG1002 Assessment: One 2 hour exam, one 2000 word essay, two online quizzes (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study provides a geographical perspective on the ways in which people interact with each other and the physical world, focussing on the processes that generate spatial variation and difference. This unit will consider the development and characteristics of natural environments across the globe, and will explore how these environments both constrain, and are influenced by, humans. Therefore, the unit of study will consider the biophysical, political, economic, cultural and urban geographies that shape contemporary global society. Each of these themes will be discussed with reference to key examples (such as Hurricane Katrina, the Earthquake in Haiti/Dominican Republic, the conflict in Darfur, and mega-deltas in the developing world), in order to consider the ways in which the various processes (both physical and human) interact. The unit of study is designed to attract and interest students who wish to pursue geography as a major within their undergraduate degree, but also has relevance to students who wish to consider the way geographers understand the contemporary world.
GOVT1101 Australian Politics

Credit points: 6 Session: Semester 1 Classes: 1x2hr lecture/week, 1x1hr tutorial/week Assessment: 1x1800wd Essay (40%), 1x450wd Critical Research Excercise (10%), 1x2hr Examination (40%), Tutorial participation (10%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit introduces students to debates about the nature and limits of Australian democracy, to the major institutions of Australian politics, and to the distribution of power in Australian society. Major institutions and forces such as parliament, executive government, the federal system, political parties and the media are examined as arenas of power, conflict and consensus. Who rules? How? Which groups are excluded?
GOVT1104 Introduction to Political Science

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/week Assessment: 1x1000wd Reading assignment (20%), 1x1500wd Essay (30%), 1x1.5hr Examination (40%), Tutorial participation (10%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit provides an introduction to the study of politics through a focus on the key organising principle of power. Different ways in which power is theorised and structured are considered. This includes power between individuals, groups, classes and genders as well as different power-sharing arrangements within and across political institutions. In critically assessing these different approaches, students will be exposed to a range of political science theories and methods, which will equip them for future study in Government and International Relations. The empirical focus of this unit is on Australia, with reference to other developed countries.
GOVT1105 Geopolitics

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/week Assessment: 1x1500wd Essay (30%), 1hr mid-term exam (20%), 2hr Final exam (40%), Tutorial participation (10%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit will examine how the contemporary international political order has emerged by focusing upon the interplay of diplomatic and strategic issues in the post-war world. It will begin with an analysis of the Cold War and its origins, tracing the development of Soviet-American rivalry, its manifestations in Europe, Asia, Africa and Latin America, and the different ways in which that rivalry was played out. The collapse of the Soviet Union as both a superpower and a state and the disappearance of the communist bloc will be analysed, before surveying the post-Cold War international scene. Among the issues reviewed in the post-Cold War era will be the question of US hegemony and unilateralism vs. multilateralism, nuclear proliferation, the continuing tension between the first and the third worlds, questions of civilisational conflict, non-state actors and terrorism, democratisation, and regional conflict.
GOVT1202 World Politics

Credit points: 6 Session: Semester 1,Semester 2,Summer Main Classes: 1x2hr lecture/week, 1x1hr tutorial/week or equivalent intensive Assessment: 1x450wd Case Essay (10%), 1x1600wd Essay (35%), 1x2hr Examination (40%), Tutorial participation (15%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: In Summer School this unit is available to current HSC students only.
This unit introduces the core content of the field of international relations. The first part of the unit presents the realist, liberal, Marxist and constructivist paradigms of international relations. The second part of the unit discusses the key actors and processes political scientists define in the field, including the state, decision makers, bureaucratic organisations, and classes. The final part of the unit focuses on international security, international political economy, and global problems.
INFS1000 Digital Business Innovation

Credit points: 6 Teacher/Coordinator: Barney Tan Session: Semester 1,Semester 2,Summer Main Classes: 1x 2hr lecture and 1x 1hr lab workshop per week Prohibitions: INFO1000, ISYS1003 Assessment: group work (10%), group project (25%), mid-semester test (25%), and final exam (40%) Mode of delivery: Normal (lecture/lab/tutorial) day
The Digital Economy, with its focus on information as a key business resource, has changed the way Business Information Systems (BIS) are viewed in organisations. BIS are now seen as enablers of innovation in which people, supported by powerful technology, are considered to be the most important component. This is because problem-solving, innovation and critical thinking skills cannot be outsourced or easily acquired by competitors. This unit is designed to develop your understanding of how businesses operate. It shows how information systems support business operations and management through integration of people, business processes and systems. You will be provided with an introduction to state-of-the art business analysis techniques, frameworks and models to assist in understanding the nature and contribution of BIS in a range of business contexts. With its emphasis on business rather than IT, this unit does not require prior IT-related experience. In this unit you will learn about the increasingly important role of IT in business and acquire valuable business analysis and problem-solving skills.
MATH1011 Applications of Calculus

Credit points: 3 Session: Semester 1,Summer Main Classes: Two 1 hour lectures and one 1 hour tutorial per week. Prohibitions: MATH1001, ENVX1001, MATH1901, MATH1906, MATH1111, BIOM1003 Assumed knowledge: HSC Mathematics Assessment: One 1.5 hour examination, assignments and quizzes (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit is designed for science students who do not intend to undertake higher year mathematics and statistics. It establishes and reinforces the fundamentals of calculus, illustrated where possible with context and applications. Specifically, it demonstrates the use of (differential) calculus in solving optimisation problems and of (integral) calculus in measuring how a system accumulates over time. Topics studied include the fitting of data to various functions, the interpretation and manipulation of periodic functions and the evaluation of commonly occurring summations. Differential calculus is extended to functions of two variables and integration techniques include integration by substitution and the evaluation of integrals of infinite type.
Textbooks
As set out in the Junior Mathematics Handbook
MATH1013 Mathematical Modelling

Credit points: 3 Session: Semester 2,Summer Main Classes: Two 1 hour lectures and one 1 hour tutorial per week. Prohibitions: MATH1003, MATH1903, MATH1907 Assumed knowledge: HSC Mathematics or a credit or higher in MATH1111 Assessment: One 1.5 hour examination, assignments and quizzes (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
MATH1013 is designed for science students who do not intend to undertake higher year mathematics and statistics.
In this unit of study students learn how to construct, interpret and solve simple differential equations and recurrence relations. Specific techniques include separation of variables, partial fractions and first and second order linear equations with constant coefficients. Students are also shown how to iteratively improve approximate numerical solutions to equations.
Textbooks
As set out in the Junior Mathematics Handbook
MKTG1001 Marketing Principles

Credit points: 6 Teacher/Coordinator: Dr Jeaney Yip Session: Semester 1,Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Prohibitions: MKTG2001 Assessment: group assignment (17%), mid-semester exam (25%), group presentation (21%), tutorial participation (5%), research component (2%), and final exam (30%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit examines the relationships among marketing organisations and final consumers in terms of production-distribution channels or value chains. It focuses on consumer responses to various marketing decisions (product mixes, price levels, distribution channels, promotions, etc.) made by private and public organisations to create, develop, defend, and sometimes eliminate, product markets. Emphasis is placed on identifying new ways of satisfying the needs and wants, and creating value for consumers. While this unit is heavily based on theory, practical application of the concepts to "real world" situations is also essential. Specific topics of study include: market segmentation strategies; market planning; product decisions; new product development; branding strategies; channels of distribution; promotion and advertising; pricing strategies; and customer database management.
PSYC1001 Psychology 1001

Credit points: 6 Teacher/Coordinator: Dr Caleb Owens Session: Semester 1,Summer Main Classes: Three 1 hour lectures and one 1 hour tutorial per week, plus 1 hour per week of additional web-based (self-paced) material related to the tutorial. Assessment: One 2.5hr exam, one 1000w essay, multiple tutorial tests, experimental participation (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
Psychology 1001 is a general introduction to the main topics and methods of psychology, and is the basis for advanced work as well as being of use to those not proceeding with the subject. Psychology 1001 covers the following areas: science and statistics in psychology; behavioural neuroscience; applied psychology; social psychology; personality theory; human development.
This unit is also offered in the Sydney Summer School. For more information consult the website:
http://sydney.edu.au/summer_school/
Textbooks
Course Coordinator will advise
PSYC1002 Psychology 1002

Credit points: 6 Teacher/Coordinator: Dr Caleb Owens Session: Semester 2,Summer Main Classes: Three 1 hour lectures and one 1 hour tutorial per week, plus 1 hour per week of additional web-based (self-paced) material related to the tutorial. Assessment: One 2.5 hour exam, one 1250 word research report, multiple tutorial tests, experimental participation (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
Psychology 1002 is a further general introduction to the main topics and methods of psychology, and it is the basis for advanced work as well as being of use to those not proceeding with the subject. Psychology 1002 covers the following areas: human mental abilities; learning, motivation and emotion; visual perception; cognitive processes; abnormal psychology.
This unit is also offered in the Sydney Summer School. For more information consult the web site:
http://sydney.edu.au/summer_school/
Textbooks
Course Coordinator will advise
WORK1003 Foundations of Work and Employment

Credit points: 6 Teacher/Coordinator: Semester 1: Associate Professor Rae Cooper; Semester 2: TBA Session: Semester 1,Semester 2 Classes: 1x 2 hour lecture and 1x 1 hour tutorial hour per week Assessment: quiz (10%), participation (10%), mid-semester (20%), final quiz (20%), and essay (40%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: This is the compulsory unit of study for the Industrial Relations/Human Resource Management major.
This unit draws on concepts from industrial relations and human resource management to examine the interests and strategies of workers, unions, managers, employers and the state. It explores the relationships between these parties as they seek to manage their environments and workplaces and to exercise control over each other. The unit enables students to understand how and why the organisation, regulation and management of work are changing in Australia and globally. As well as providing an introduction to all aspects of the study of the employment relationship, this is the foundation unit for a major in industrial relations and human resource management.
Modern Language (Level 1 or higher) units, with the approval of the Dean of Agriculture and Environment
Table 2 BAgrEc Years 2 and 3 elective units
AGEC2102 Agribusiness Marketing

Credit points: 6 Teacher/Coordinator: Dr David Ubilava Session: Semester 1 Classes: 2x1-hr lectures/week, 1x1-hr tutorial/fortnight Prerequisites: AGEC1006 or AGEC1102 or RSEC1031 Assessment: Group presentation (15%), 1x2000wd case study (25%), and 1x2hr exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study is designed to provide an introductory understanding of agribusiness marketing in a modern context. The unit will provide students in the Sciences degrees with an understanding of how the economic theory taught in first year in AGEC1006 can be treated in an applied context. For BAgrEc students, it is an intermediate level unit in the Agribusiness major.
Students will study the theory relating to the firm-level marketing mix and marketing strategy. The emphasis will be on the organisation and trends of agribusiness marketing including value-adding and market power in the supply chain, market efficiency and international marketing by agribusiness firms.
The unit content is analytical, and draws on applied microeconomics to demonstrate how marketing decisions are made along the marketing chain. At the end of this unit students will be able to use marketing theory to analyse the steps in the marketing chain and be aware of the forces for change within that chain.
By completing this unit, students should have improved their ability to master key theories, identify and frame problems, organise knowledge, carry out individual and group research, and synthesise information. They should also have improved their information literacy skills, and communication skills through group presentations and individual research.
LWSC2002 Introductory Hydrology

Credit points: 6 Teacher/Coordinator: A/Prof Willem Vervoort (Coordinator), Dr Thomas Bishop, Dr Floris Van Ogtrop Session: Semester 2 Classes: Lec 2hr/wk; practical: 3hr/wk; field work: 25hr/wk (for 3 days only) Prerequisites: 6cp of Junior Geoscience or AGEN1002 Assessment: 1x 2 hr exam (50%), laboratory and practical reports (3x10%), field trip report (20%). Mode of delivery: Normal (lecture/lab/tutorial) day
This unit introduces students to hydrology and water management in the context of Australian integrated catchment management. It particularly focuses on the water balances, rainfall runoff modeling, analysis and prediction of streamflow and environmental flows, water quality and sustainable practices in water management. Through theoretical work and case studies, the students will engage with problems related water quantity and quality in Australia and the world. The unit builds on knowledge gained in AGEN 1001 and AGEN 1002, and establishes the foundation for later units in the hydrology and water area. The unit provides one of the essential building blocks for a career related to water management and hydrology. The unit consists of two parts; the first part will involve a series of lectures, tutorials, practical exercises and case studies. The second part of the unit consists of a field excursion to regional NSW. During the field excursions, which are aligned with the ENVX3001 unit in the AVCC week, students will engage with current water problems and engage in basic hydrometric and water quality data collection. The data will be used later to analyse catchment condition and water quantity issues.
After completion of this unit, you should be able to:
Explain the different processes in the hydrological cycle
Measure and interpret hydrometric and basic water quality data
Elucidate the processes involved in generation of streamflow from rainfall.
Distinguish the link between water quantity and water quality and its implications for water management.
Demonstrate a deeper understanding of the unique nature of Australian Hydrology
Textbooks
Ladson (2007) Hydrology an Australian Introduction. Oxford University press. Chapters 1 ¿ 6, Gordon, N. D., McMahon, T. A., Finlayson, B. L., Gippel, C. J., and Nathan, R. J. (2004) Stream hydrology: an introduction for ecologists, John Wiley & Sons Inc.
SOIL2003 Soil Properties and Processes

Credit points: 6 Teacher/Coordinator: A/Prof Balwant Singh (Coordinator), Prof Alex McBratney, A/Prof. Stephen Cattle Session: Semester 1 Classes: 3x1hr lectures and 1x3hr practical/week, commencing week 1, and a compulsory field excursion to be held on the Thursday and Friday in the week preceding the first semester. Assessment: Soil description report (10%), Quizzes (or Essay) (15%), Practical exercise book (20%), Practical exam (15%) and Written exam (40%). Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study is designed to introduce students to the fundamental concepts within pedology, soil physics and soil chemistry. These concepts are part of the grounding principles that underpin crop and animal production, nutrient and water cycling, and environmental sustainability taught by other units of study in the Faculty. Students will participate in a two-day field excursion in the first week of semester to examine some common soils of the Sydney Basin, they will also learn to describe soil, and measure soil chemical and physical properties in the field. Referring to common soil profiles of the Sydney Basin, students will concentrate on factors affecting soil formation, the rudiments of soil description, and analysis of soil properties that are used in soil classification. Students will also develop knowledge of the physics of water and gas movement, soil strength, soil chemical properties, inorganic and organic components, nutrient cycles and soil acidity in an agricultural context. At the end of this unit students will become familiar with the factors that determine a soil's composition and behaviour, and will have an understanding of the most important soil physical and chemical properties. Students will develop communication skills through essay, report and practical exercises. The final report and laboratory exercise questions are designed to develop team work and collaborative efforts.
Textbooks
Campbell, K.O. & Bowyer, J.W. (eds) (1988). The Scientific Basis of Modern Agriculture. Sydney University Press.
ENVX3001 Environmental GIS

Credit points: 6 Teacher/Coordinator: A/Prof Inakwu Odeh Session: Semester 2 Classes: Three-day field trip, (2 lec & 2 prac/wk). Prerequisites: AGEN1002 or 6cp of Junior Geoscience or 6cp of Junior Biology Assessment: One 15 min presentation (10%), 3500w prac report (35%), 1500w report on trip excursion (15%), 2 hr exam (40%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit is designed to impart knowledge and skills in spatial analysis and geographical information science (GISc) for decision-making in an environmental context. The lecture material will present several themes: principles of GISc, geospatial data sources and acquisition methods, processing of geospatial data and spatial statistics. Practical exercises will focus on learning geographical information systems (GIS) and how to apply them to land resource assessment, including digital terrain modelling, land-cover assessment, sub-catchment modelling, ecological applications, and soil quality assessment for decisions regarding sustainable land use and management. A 3 day field excursion during the mid-semester break will involve a day of GPS fieldwork at Arthursleigh University farm and two days in Canberra visiting various government agencies which research and maintain GIS coverages for Australia. By the end of this UoS, students should be able to: differentiate between spatial data and spatial information; source geospatial data from government and private agencies; apply conceptual models of spatial phenomena for practical decision-making in an environmental context; apply critical analysis of situations to apply the concepts of spatial analysis to solving environmental and land resource problems; communicate effectively results of GIS investigations through various means- oral, written and essay formats; and use a major GIS software package such as ArcGIS.
Textbooks
Burrough, P.A. and McDonnell, R.A. 1998. Principles of Geographic Information Systems. Oxford University Press: Oxford.
Any level 2 or 3 semester units in Accounting (ACCT), Agricultural and Resource Economics (AREC), Commercial Law (CLAW), Econometrics (ECMT), Economics (ECOS), Finance (FINC), Geography (GEOG or GEOS), Government (GOVT), Industrial Relations and Human Resource Management (WORK), Information Systems (INFS), Marketing (MKTG), Psychology (PSYC). Units in Asian Studies (ASNS) or Modern Languages may also be taken with the approval of the Dean FAE.
Any level 4 units in Agricultural Economics (AGEC) other than those which are core requirements for Year 4.
Other units of study from the BScAgr degree, with approval of the Dean FAE and the Degree Coordinator.
AGEC2102 Agribusiness Marketing can only be included for Year 2.
Prerequisites and/or corequisites apply for most units.
Electives must be chosen such that the student will complete a non-AGEC major as specified in the Table of Majors.
Majors in the BAgrEc Degree

Agricultural Economics major

Junior (Level 1) units
AGEC1102 Agricultural and Resource Economics

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr Shauna Phillips Session: Semester 2 Classes: 3x1-hr lectures/week, 1x1-hr tutorial/week commencing week 2 Prohibitions: AGEC1002 Assumed knowledge: HSC Mathematics or HSC Mathematics Extension 1 Assessment: 1x1hr exam (25%), 1 x assignment (15%) and 1x2hr exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
The unit applies the principles studied in introductory microeconomics to the agricultural and resource sectors. Some descriptive content regarding Australia's agricultural markets, natural resource assets and industries is included. The first part of the unit is focused on basic concepts of supply, demand, equilibrium in agricultural and resource markets, and how markets can be modeled mathematically. Subsequent parts of the unit are focused on introductory production economics and natural resource management (under conditions of market failure, and as dynamic processes). Sources of risk in agriculture and resource markets, alternative management strategies, and basic techniques of decision making in the face of risk are explored.
AGEN1001 Shaping our Landscapes

Credit points: 6 Teacher/Coordinator: Dr Peter Ampt Session: Semester 1 Classes: 2x1hr lect, 1x2hr tut, 4x1 day (6.5hr) field (ave 2hrs/week) Prohibitions: AFNR1001 Assessment: 1x 2hr exam (40%), Field class reports (10%), Group work participation (10%), Journal (10%), Problem based learning project (30%) Practical field work: Preparation, revision and private study 3hrs/week Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study is designed to help students develop understanding of our non-urban landscapes and the physical, biological, economic and cultural factors that have shaped them, with particular emphasis on the interaction between production and environment. It is a core first year unit for students in BScAgr, BEnvSys, BAgrEc, BResEc and BAnVetBioSc. The unit begins with a review of the current global issues around population, food, agriculture and environment and the place of Australia in this global context. Australia's current production (plant and animal based) and environmental systems and landscapes are described with an emphasis on the physical, biological, economic and cultural factors that have shaped them, concluding with an account of future production and environment scenarios. At the end of this unit, students should be able to describe global production and environment issues and key Australian landscapes and production systems, explain the factors that have shaped them and apply this understanding to a specific location and production system. They should analyse the situation of natural resource managers and evaluate the options available to them to maintain or improve profitable production and achieve sustainability. The students will gain research and inquiry skills through research-based group projects, information literacy and communication skills through on-line discussion postings, tutorial discussions and presentations and personal and intellectual autonomy through working in groups and individually.
Textbooks
To be advised during semester.
Level 2 and 3 units
AGEC2101 Market and Price Analysis

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr. Shyamal Chowdhury Session: Semester 2 Classes: 1x2-hr lectures/week, 1x1-hr tutorial/week commencing week 2 Prerequisites: AGEC1006 or (AGEC1003 and AGEC1004) or AGEC1002 or AGEC1102 or RSEC1031 or AGEC1031 Prohibitions: AGEC2001 Assessment: 1x1hr in-class mid-term exam (20%), 1x3000wd assignment (20%), 1x2hr final exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit focuses on the nature of agricultural and resource commodity markets, market demand relationships, market supply relationships, price determination under alternative market structures, marketing margin relationships, derived demand for inputs, spatially and temporally related markets, market dynamics, price expectations, commodity futures markets and other pertinent topics. Applied examples from the agricultural and resource industries and the overall economy will be used throughout the semester as illustrations of the principles involved.
N.B. Available to 2nd year students in Faculty of Economics and Business.
Advised prerequisite: AGEC2105 or ECMT2110
or
AREC2002 Commodity Market and Price Analysis

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/week Prerequisites: ECON1001 or AGEC1006 or AGEC1102 Assessment: 1x50min Mid-semester Test (20%), 1xGroup Assignment (1000wd equiv) (20%), 1x2hr Final Exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit focuses on the nature of agricultural and resource commodity markets, market demand relationships, market supply relationships, price determination under alternative market structures, marketing margin relationships, derived demand for inputs, spatially and temporally related markets, market dynamics, price expectations, commodity futures markets and other pertinent topics. Applied examples from the agricultural and resource industries and the overall economy will be used throughout the semester as illustrations of the principles involved.
AGEC2103 Production Economics

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr Shauna Phillips Session: Semester 1 Classes: 2x1-hr lectures/week, 1x2-hr tutorial/week commencing week 2 Prerequisites: ECON1001 or AGEC1006 or (AGEC1003 and AGEC1004) or RESEC1031 Prohibitions: AGEC2003 Assessment: 2 x assignments (40%) and 1x2hr exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit builds on microeconomic principles studied in first year and applies them to the analysis of firms' decisions. Emphasis is put on the formalization of the firm's problem and in the use of duality. The topics include: production functions (single and multi-output); distance functions and their use in the measurement of productivity; the decomposition of productivity and productivity changes; production under risk; cost and profit functions.
N.B. Available to 2nd year students in the Faculty of Economics and Business
Textbooks
Collection of readings
or
AREC2001 Econ of Biological Production Systems

Credit points: 6 Session: Semester 1 Classes: 1x2hr lecture/week, 1x1hr tutorial/week Prerequisites: ECON1001 or AGEC1006 or AGEC1102 Assessment: 2x1000wd Assignment (40%), 1x2hr Final Exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study is concerned with the application of microeconomic principles to management decisions in agricultural, forest, and fisheries systems. The unit builds on the theoretical knowledge acquired in previous studies and introduces the methods of applied economic analysis through a range of topics including: production functions (single and multi-output), cost and profit functions; methods for the measurement of productivity; optimisation in biological production systems; and production under risk.
AGEC3102 Agricultural and Resource Policy

Credit points: 6 Teacher/Coordinator: A/Prof Michael Harris Session: Semester 1 Classes: 1x2-hr lecture + 1x1-hr lectures/week, 1x1-hr tutorial/fortnightly Prerequisites: (AGEC2001 or AGEC2101) and (AGEC2003 or AGEC2103) Prohibitions: AGEC3002 Assessment: 1x2.5hr exam (70%) and 3x600 wd problem sets (30%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit covers the theoretical framework for economic analysis of policy interventions (welfare economics and public choice theory). Emphasis is put on building the skills needed to analyze the incidence of economic policy and on the design of policies under asymmetric information. An understanding of the institutional structure of agricultural and resource policy in Australia is promoted through the direct contact with policy makers, public agencies and lobbying groups.
N.B. Available to 3rd year students in the Faculty of Economics and Business
Textbooks
To be advised
AGEC3101 Agribusiness Management

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr Shauna Phillips Session: Semester 2 Classes: 2x1-hr lectures/week, 1x2-hr tutorial/week commencing week 2 Prerequisites: AGEC2103 or AGEC2003 or AGEC1006 Prohibitions: AGEC3001, AGEC1102, AGEC3103 Assessment: 1x2hr exam (50%) and 1x50 min mid-semester exam (15%) and 1 assignment (25%) and workshop reports (10%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study is designed to introduce decision making problems encountered by firms and agribusiness firms and general methods of solving microeconomic decision making problems. It is unit of study that builds on knowledge gained in junior units of study in particular AGEC1006, AGEC2103 and AGEC2102. Students will review production economics and activity analysis and show how budgeting methods can be used to relate them. They will extend these budgeting techniques to problems of time and risk, using capital and parametric budgeting. Students will also be introduced to linear programming and show how this tool is a practical method of solving decision making problems. Students will learn to consider methods for solving decision making problems where the outcomes are not known with certainty. The students will gain skills through workshop based tasks, an assignment, information literacy and communication skills through the presentation of the workshop reports and discussion throughout the workshop.
or
AREC3001 Production Modelling and Management

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/fortnight Prerequisites: AREC2001 or AGEC2103 or ECOS2001 or ECOS2901 Assessment: 1x2hr Final Exam (60%), 1x50min Mid-semester Test (15%), 1x1500wd Assignment (25%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit builds on the principles of biological production economics and introduces optimisation methods to solve decision making problems encountered by agribusiness and natural resource firms and managers in public agencies. The principle focus is on the application of linear programming techniques, and students learn to consider solving decision making problems where the outcomes are not known with certainty, and where the timing of decisions is of essence.
or
AGEC3103 Applied Optimisation

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr Shauna Phillips Session: Semester 1 Classes: (2x1hr lec & 1x2hr tut/lab session)/wk, commencing week 1 Prerequisites: (AGEC2001 or AGEC2101) and (AGEC2003 or AGEC2103) Prohibitions: AGEC3101, AGEC3001 Assessment: 1x2hr exam (70%) and 2 assignments (better done one (18%), other (12%)) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study deals with constrained optimization problems in which one or more constraints are inequalities. Such problems are explored/solved by "mathematical programming" techniques. The main focus of the unit is on linear programming (LP) problems, viz. problems in which the objective function and the constraint functions are all linear, and the application of LP in agricultural and other planning contexts. Topics include graphical and mathematical representation of LP problems, solution methods, solution information, stability of optimal solutions, primal and dual formulations and parametric programming. After covering the essentials of LP and its extension to integer LP, the focus shifts to modelling real world scenarios as optimization problems. Students are streamed: one group deals with specialized LP formulations (e.g. transportation model, stochastic programming). The other examines dynamic optimization for problems that involve inter-temporal resource allocation. Students develop experience and confidence in the use of spreadsheet-based optimizer routines, and with specialised optimization packages (e.g. LINDO).
Plus two designated Year 4 AGEC, AREC or ECOS elective units

Non-Agricultural Economics majors

Accounting

Junior (Level 1) units
ACCT1006 Accounting and Financial Management

Credit points: 6 Teacher/Coordinator: Semester 1: Janine Coupe; Semester 2: TBA Session: Semester 1,Semester 2 Classes: 1x 1.5hr lecture and 1x 1.5hr tutorial per week Prerequisites: ACCT1005 or BUSS1030 Prohibitions: ACCT1003, ACCT1004, ACCT1001, ACCT1002 Assessment: Tutorial work (10%), practice set (15%), mid-semester exam (25%) and final exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
Accounting and Financial Management is an introduction to financial reporting, and the gateway unit to further study in accounting leading to a major in accounting. This unit builds upon the accounting context, presented in BUSS1030 Accounting, Business and Society, with the aim of developing the technical skills of recording basic business transactions through accounting systems. In addition to this technical focus, specific attention will be given to the way in which the accounting information can be used to undertake financial management and analysis, to give students the ability to produce and interpret financial reports.
BUSS1030 Accounting, Business and Society

Credit points: 6 Teacher/Coordinator: Semester 1: Paul Blayney; Semester 2: TBA Session: Semester 1,Semester 2 Classes: 1x 1.5hr lecture and 1x 1.5hr tutorial per week Prohibitions: ACCT1001, ACCT1003, ACCT1004, ACCT1005, ACCT1002 Assessment: Tutorial contribution (15%), written assessment (10%), mid-semester examination (25%) and final examination (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: This unit of study is a compulsory part of the Bachelor of Commerce and combined Bachelor of Commerce degrees.
This unit investigates the fundamentals of accounting and aims to provide a broad understanding of the role of accounting in the context of business and society. The format of the unit is designed to show that there are many uses of accounting data. The focus moves from accountability to decision making; both functions are explained through examples such as the 'double entry equation', and from an output (financial statements) perspective. Some more technical aspects of accounting are outlined, including the elements of assets, liabilities, revenues and expenses within simple, familiar scenarios. Besides developing an understanding of the role of accounting via conventional financial reports, recent developments including the discharge of accountability by companies through the release of corporate social and environmental reports and the global financial crisis, are explored through an accounting lens.
ECMT1010 Introduction to Economic Statistics

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x2hr lecture/week, 1x2hr workshop/week Prohibitions: ECMT1011, ECMT1012, ECMT1013, MATH1015, MATH1005, MATH1905, STAT1021, ECOF1010, BUSS1020, ENVX1001 Assessment: homework (15%), quizzes (30%), assignment (15%) and 1x2hr Final exam (40%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit emphasises understanding the use of computing technology for data description and statistical inference. Both classical and modern statistical techniques such as bootstrapping will be introduced. Students will develop an appreciation for both the usefulness and limitations of modern and classical theories in statistical inference. Computer software (e.g., Excel, StatKey) will be used for analysing real datasets.
Level 2 and 3 units
ACCT2011 Financial Accounting A

Credit points: 6 Teacher/Coordinator: Semester 1: Eagle Zhang; Semester 2: TBA Session: Semester 1,Semester 2 Classes: 1x2hr lecture and 1x1hr tutorial per week Prerequisites: (ACCT1001 or ACCT1005 or BUSS1030) and (ACCT1002 or ACCT1006) and (ECMT1010 or BUSS1020) Prohibitions: ACCT2001 Assessment: Group assignment (15%), mid-semester examination (35%) and final examination (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit examines the accounting and reporting practices of reporting entities, particularly listed public companies. Emphasis is placed on developing an understanding of, and the ability to critically evaluate, the various regulatory requirements (professional and statutory) governing financial reporting. The unit commences with an overview of the financial reporting environment and theories that seek to explain the accounting policy choices of management. This framework provides a basis for examining a range of specific issues in financial accounting. Emphasis throughout the unit is on both the application of specific accounting techniques/rules and the conceptual/theoretical issues associated with alternative accounting methods.
ACCT2012 Management Accounting A

Credit points: 6 Teacher/Coordinator: Semester 1: Geoff Frost; Semester 2: TBA Session: Semester 1,Semester 2 Classes: 1 x 2hr lecture and 1x 1hr tutorial per week Prerequisites: (ACCT1001 or ACCT1005 or BUSS1030) and (ACCT1002 or ACCT1006) Prohibitions: ACCT2002 Assessment: Computer assignments (10%), quizzes (10%), case study assignment (10%); SAP assignment (10%), and final examination (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
This course provides students with an introduction to the basics of management/cost accounting; itequips them with necessary skills to use an industry-standard accounting system and management accounting information efficiently and effectively.Areas specifically covered include: cost terms and purposes, cost behaviour, cost-volume-profit analysis, cost estimation, basic and alternative product costing methods, detailed study of the mechanics of the budgeting process (master budgets, flexible budgets, standard costing and variance analysis, capital budgeting), sustainability and environmental management accounting,decision making using relevant costs/revenues and cost allocation.
Any four of the following:
ACCT3011 Financial Accounting B

Credit points: 6 Teacher/Coordinator: Semester 1: Matthew Egan; Semester 2: TBA Session: Semester 1,Semester 2 Classes: 1x2hr lecture and 1x1hr tutorial per week Prerequisites: ACCT2011 or ACCT2001 Prohibitions: ACCT3001 Assessment: Mid-semester examination (30%), group presentations (10%), individual assignment (10%), and final examination (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit introduces students to accounting for investments in entities that are controlled, significantly influenced, or jointly controlled by the investor. The first part of the unit focuses on assessing whether an investment should be consolidated, the process of consolidation, the preparation of consolidated financial statements for corporate groups, including the treatment of goodwill, intra-group transactions and non controlling interests. Other aspects of group accounting, such as equity accounting, segment disclosures, related party disclosures, and accounting for joint operations are investigated. The first part of the unit concludes with a critical analysis of group accounting, including the outcomes of related processes, and the impact on users. The second part of the unit focuses on critically evaluating current issues in accounting regulation and practice, such as the politics of the standard-setting process, using accounting for financial instruments as a special case. Finally, voluntary disclosures for social and environmental reporting are considered. This unit aims to further develop students' written communication skills and critical and analytic skills within the context of corporate group activities.
ACCT3012 Management Accounting B

Credit points: 6 Teacher/Coordinator: Chang Loh Session: Semester 1,Semester 2 Classes: 1x1.5hr lecture and 1x1.5hr tutorial per week Prerequisites: ACCT2012 or ACCT2002 Prohibitions: ACCT3002 Assessment: Tutorial participation (5%), tutorial presentation (10%), tutorial critique (10%), mid-semester exam (25%), and Final exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: Discipline Permission required for students who have not passed ACCT2012 (or ACCT2002)
Management Accounting B deals with the theory and practice of a selection of contemporary management accounting issues. The course begins by examining the influences that impact upon the design of an organisation and its management accounting system. Behavioural factors, rather than technical factors, are highlighted and a range of organisational settings and management levels are reviewed. The unit then examines advanced issues relevant to operational management accounting. While this section of the course builds on the foundations laid in Management Accounting A, the focus remains on the behavioural implications of accounting techniques for making decisions in organisations.
ACCT3013 Financial Statement Analysis

Credit points: 6 Teacher/Coordinator: Stewart Jones Session: Semester 1 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Prerequisites: (ACCT2011 or ACCT2001) and (FINC2011 or FINC2001) Prohibitions: ACCT3003 Assessment: tutorial participation (10%), mid-semester examination (20%), group case studies (15%), and final examination (55%) Mode of delivery: Normal (lecture/lab/tutorial) day
Although the appropriate 'form' of financial analysis depends largely on the specific context (e.g. equity investment, credit extension, analysis of supplier/customer health, competitor analysis, regulatory overview or intervention, valuation for takeover/restructuring), many of the techniques of financial analysis are common to each. A primary purpose of this course is to develop an understanding of these techniques, as well as the inherent difficulties in their application. Specific issues addressed include the analysis of business performance and disclosure, the analysis of earnings quality, cash flow assessment, credit worthiness and accounting-based valuation methods.
ACCT3014 Auditing and Assurance

Credit points: 6 Teacher/Coordinator: Semester 1: Eric Clubb; Semester 2: TBA Session: Semester 1,Semester 2 Classes: 1x2hr lecture and 1x1hr tutorial per week Prerequisites: ACCT3011 or ACCT3001 Prohibitions: ACCT3004 Assessment: Group assignment (20%), mid-semester examination (20%), two online quizzes (10%), and final examination (50%). Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study examines the process of auditing, highlighting the important concepts which underpin the practice of auditing. Although the focus of attention is on the audit of corporate financial reports undertaken in compliance with the Corporation Act 2001 (Cth), reference is also made to other forms of audit and assurance activities. This unit of study is intended to provide an overview of the audit process within the context of Australian Auditing Standards. The course is both practical and theoretical, with students expected to apply their knowledge to practical case studies developed from practice.
ACCT3031 International Corporate Governance

Credit points: 6 Teacher/Coordinator: Wesley Hamilton-Jessop Session: Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Prerequisites: ACCT2011 or ACCT2001 Assumed knowledge: CLAW2201 Assessment: Individual assessment (20%), mid-semester exam (20%), group assessment (25%), and final exam (35%). Mode of delivery: Normal (lecture/lab/tutorial) day
This unit examines the evolving view of corporate governance from an international perspective, with reference to Australian principles. Corporate governance from a narrow view is concerned with how a corporation is controlled, to the establishment of sets of arrangements affecting the conduct of an organisation and its relationship with stakeholders. Specific issues examined in this unit include the legal framework; control and culture of the modern corporation; operations of a Board; role of board sub-committees; Boards and the development or endorsement of strategies; measuring and rewarding performance; corporate governance, financial reporting and disclosure; corporate governance and the audit process; governance within the global financial crisis.
ACCT3032 Current Issues in Management Accounting

Credit points: 6 Teacher/Coordinator: Max Baker Session: Semester 1 Classes: 1x 1hr lecture and 1x 2hr tutorial per week Prerequisites: ACCT2012 or ACCT2002 Assessment: In-class tests (20%), research presentation (20%), tutorial contribution (10%), and final examination (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: Department permission required for enrolment
This unit builds on the fundamentals of management accounting practice (ACCT2012) by introducing a series of advanced management accounting topics such as strategic management accounting, accounting innovation, human resource management, social and environmental accounting and designing management accounting systems. In addition, this unit relaxes the hitherto held assumption that management accounting works in a world characterised by certainty and rationality and instead shows that management accounting more often operates in a world characterised by fuzziness and ambiguity. This real-world view requires students to develop their judgemental skills and to adopt a more critical and reflective approach that challenges their beliefs about how management accounting works in practice. This is a perfect subject for those students aspiring to become strategic consultants.
CLAW2201 Corporations Law

Credit points: 6 Teacher/Coordinator: Ms Juliette Overland Session: Semester 1,Semester 2 Classes: Two hours of lectures and a one hour tutorial per week Prerequisites: Any 4 full semester junior units of study including CLAW1001 Prohibitions: CLAW2001 Assessment: Mid semester test (20%), assignment (20%), tutorial work and participation (10%), and final exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
Companies are an integral part of our business environment. All participants in the world of business have dealings with companies - whether as employees, clients, customers, directors, shareholders, creditors, debtors, suppliers, vendors, consultants or professional advisers. This makes it essential to have an understanding of the legal nature and characteristics of companies and the manner in which their activities and management are regulated. In this unit, the legal "life cycle" of a company is examined along with a comparison of companies to other business entities. The ways in which important activities undertaken by companies are regulated are explored including: entering contracts, raising funds, issuing shares, paying dividends. Consideration is given to the duties and obligations the law places upon those who manage companies, and the consequences which may result from any breach of those duties and obligations. The position of companies in financial difficulty and the final stages in the life cycle of an insolvent company are also addressed.
See the Business School handbook at sydney.edu.au/handbooks/business_school

Agribusiness

Junior (Level 1) units
Some junior elective units of WORK, IBUS or INFS may be required to meet the prerequisites of Level 2/3 units listed for this major.
Level 2 and 3 units
AGEC2102 Agribusiness Marketing

Credit points: 6 Teacher/Coordinator: Dr David Ubilava Session: Semester 1 Classes: 2x1-hr lectures/week, 1x1-hr tutorial/fortnight Prerequisites: AGEC1006 or AGEC1102 or RSEC1031 Assessment: Group presentation (15%), 1x2000wd case study (25%), and 1x2hr exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study is designed to provide an introductory understanding of agribusiness marketing in a modern context. The unit will provide students in the Sciences degrees with an understanding of how the economic theory taught in first year in AGEC1006 can be treated in an applied context. For BAgrEc students, it is an intermediate level unit in the Agribusiness major.
Students will study the theory relating to the firm-level marketing mix and marketing strategy. The emphasis will be on the organisation and trends of agribusiness marketing including value-adding and market power in the supply chain, market efficiency and international marketing by agribusiness firms.
The unit content is analytical, and draws on applied microeconomics to demonstrate how marketing decisions are made along the marketing chain. At the end of this unit students will be able to use marketing theory to analyse the steps in the marketing chain and be aware of the forces for change within that chain.
By completing this unit, students should have improved their ability to master key theories, identify and frame problems, organise knowledge, carry out individual and group research, and synthesise information. They should also have improved their information literacy skills, and communication skills through group presentations and individual research.
AGEC4104 Industrial Organization of Agribusiness

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr David Ubilava Session: Semester 1 Classes: 1x2-hr lectures/week, 1x1-hr tutorial/week commencing week 2 Prerequisites: (AGEC2001 or AGEC2101) and (AGEC2003 or AGEC2103) Assessment: 1x2000 wd assignment (20%), 1x1000 wd review (10%), 1x15min presentation (5%), 1x1page evaluation of a peer (5%), and 1x2hr final exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit focuses on applications of economic theory and methods in agribusiness decision making. It provides advanced treatment of the industrial organisation of agribusiness firms. Case studies will be used to examine the economic complexities of global agribusiness systems. Extensive readings make up the central component of the unit.
Textbooks
Collections of readings.
or
ECOS3005 Industrial Organisation

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/fortnight Prerequisites: ECOS2001 or ECON2001 or ECOS2901 or ECON2901 Prohibitions: ECOS2201, ECON3005 Assessment: Mid-semester test (35%), problem sets (5%) and 2hr Final exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study examines the nature of inter-firm rivalry in industries with market power. It explores the various ways in which firms can increase their market power by: extracting more surplus from consumers, by colluding with rivals or by excluding entrants. The unit also analyses the international competitiveness of industries in the context of industry assistance and the prevalence of foreign multinationals. Competition policy is also discussed.
AGEC4101 Agricultural Marketing Analysis

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr Elizabeth Nolan Session: Semester 2 Classes: 2x1-hr lectures/week, commencing week 1 Prerequisites: (AGEC2001 or AGEC2101) and (AGEC2003 or AGEC2103) Prohibitions: AGEC4004 Assessment: Problem sets (30%) 1x2hr exam (40%) 1x3000wd essay (30%). Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study is designed to provide an understanding of the underlying forces driving agricultural markets. Its content is analytical, and draws heavily on applied microeconomics. The unit addresses price analysis and pricing efficiency, including aspects of form, time and space in agricultural marketing; information and contracts; changing consumer concerns (food safety, ethical production); futures market and other risk sharing devices. The main learning aims of the unit are development of student skills in understanding the fundamental concepts in marketing theory and applying them to the agribusiness industry, and further development of students' analytical abilities in the context of agricultural marketing. Extensive reading will be required.
Textbooks
To be advised
or
AREC3002 Agricultural Markets

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/fortnight Prerequisites: AREC2001 or AGEC2103 or ECOS2001 or ECOS2901 Assessment: 1x1000wd Problem Sets (30%), 1x2hr Final Exam (40%), 1x1500wd Essay (30%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study is designed to provide an understanding of the underlying forces driving agricultural markets. It addresses price analysis and efficiency, including aspects of form, time and space in agricultural marketing; information and contracts; changing consumer concerns (food safety, ethical production); futures market and other risk sharing devices. Building on the application of microeconomic theory to both production and consumption in agricultural markets, its content is analytical.
AGEC4109 Agricultural Finance and Risk

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr Shauna Phillips Session: Semester 2 Classes: (2x1hr lec & 1x2hr tut/lab session)/wk, commencing week 1. Prerequisites: {(AGEC3001 or AGEC3101) and (AGEC2003 or AGEC2103)} OR (AGEC1102 and AGEC3103) Prohibitions: AGEC4009 Assessment: 1x2hr exam (70%) and 2 assignments (better done one (18%), other (12%)) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit has two related components. One component concerns risk and risk management in agriculture; the other deals with issues of agricultural producer finance. Risk topics include: risk measurement, subjective probability, adjusting beliefs as a result of new information; risk attitudes; decision making under risk; expected utility theory; valuing information; generalizations of expected utility theory; E-V analysis; stochastic dominance; internal measures to cope with risk including diversification and flexibility; insurance, futures, options and other market instruments for managing risk. Finance topics include the implications of capital market imperfections and consequential differences between corporate and small business finance; financial relationships between debt/equity levels and risk, optimal debt levels; cost of capital; short term working capital management; and longer term capital (investment) budgeting. Techniques of valuation of projects in risk-free and risk situations are examined.
or
AREC3005 Agricultural Finance and Risk

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/fortnight Prerequisites: AREC2001 or AGEC2103 or AREC2002 or AGEC2101 or ECOS2001 or ECOS2901 Assessment: 1x2hr Final Exam (70%), 2x1500wd Assignments (30%) Mode of delivery: Normal (lecture/lab/tutorial) day
Agricultural production is typically risky, adding complexity to decision analysis and increasing need of risk consideration in agricultural policy design. This unit explores this theme, and has two related components: risk and risk management in agriculture, and issues of agricultural producer finance. These two components cover a broad range of topics that incorporate production risk and other sources of risk in agriculture.
Either 12 credit points INFS level 2/3 units or 12 credit points WORK level 2/3 units or 12 credit points of IBUS level 2/3 units

Agricultural Finance

Junior (Level 1) units
Some junior elective units may be required to meet the prerequisites of Level 2/3 units listed for this major
Level 2 and Level 3
FINC2011 Corporate Finance I

Credit points: 6 Session: Semester 1,Semester 2,Summer Early,Winter Main Classes: 1 x 2hr lecture and 1 x 1hr tutorial per week Prohibitions: FINC2001 Assumed knowledge: ECMT1010 or BUSS1020, BUSS1040 or (ECON1001 and ECON1002) and BUSS1030 (or ACCT1001 and ACCT1002) Assessment: Mid-semester exam (20%), major assignment (30%) and final exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: Note: Study in Finance commences in second year. BUSS1020 (or ECMT1010), BUSS1040 (or ECON1001 and ECON1002) and BUSS1030 (or ACCT1001 and ACCT1002) are recommended for all students wanting to study Finance.
This unit provides an introduction to basic concepts in corporate finance and their application to (1) valuation of risky assets including stocks, bonds and entire corporations, (2) pricing of equity securities, and (3) corporate financial policy decisions including dividend, capital structure and risk management policies. Emphasis is placed on the application of the material studied and current practices in each of the topic areas.
FINC2012 Corporate Finance II

Credit points: 6 Session: Semester 1,Semester 2,Summer Main Classes: 1x 2hr lecture and 1x 1hr tutorial per week Prerequisites: FINC2011 or FINC2001 Prohibitions: FINC2002 Assessment: Mid-semester exam (15%), essay (20%), and final exam (65%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit builds on FINC2011 Corporate Finance I, by extending basic concepts in corporate financing, investing and risk management. The unit presents current theories of corporate financing and their practical application in corporate investment and capital budgeting. The unit also examines securities and securities markets with an emphasis on pricing, investment characteristics and their use by corporations to manage risk. The securities examined include: bonds and related fixed income products; futures and options. The goal of the unit is to broaden students' knowledge of corporate finance in preparation for further study in finance in 300 level courses.
AGEC4104 Industrial Organization of Agribusiness

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr David Ubilava Session: Semester 1 Classes: 1x2-hr lectures/week, 1x1-hr tutorial/week commencing week 2 Prerequisites: (AGEC2001 or AGEC2101) and (AGEC2003 or AGEC2103) Assessment: 1x2000 wd assignment (20%), 1x1000 wd review (10%), 1x15min presentation (5%), 1x1page evaluation of a peer (5%), and 1x2hr final exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit focuses on applications of economic theory and methods in agribusiness decision making. It provides advanced treatment of the industrial organisation of agribusiness firms. Case studies will be used to examine the economic complexities of global agribusiness systems. Extensive readings make up the central component of the unit.
Textbooks
Collections of readings.
or
ECOS3005 Industrial Organisation

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/fortnight Prerequisites: ECOS2001 or ECON2001 or ECOS2901 or ECON2901 Prohibitions: ECOS2201, ECON3005 Assessment: Mid-semester test (35%), problem sets (5%) and 2hr Final exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study examines the nature of inter-firm rivalry in industries with market power. It explores the various ways in which firms can increase their market power by: extracting more surplus from consumers, by colluding with rivals or by excluding entrants. The unit also analyses the international competitiveness of industries in the context of industry assistance and the prevalence of foreign multinationals. Competition policy is also discussed.
AGEC4108 Quantitative Planning Methods

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr Shauna Phillips Session: Semester 2 Classes: (2x1hr lec & 1x2 tut/lab session)/wk, commencing week 1 Prerequisites: AGEC3101 or AGEC3103 or AGEC3031 or AGEC3001 Prohibitions: AGEC4008 Assessment: 1x2hr exam (70%) and 2 assignments (better done one (18%), other (12%)) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: Department permission required for enrolment
This unit examines the use of mathematical methods and models in planning at both the individual firm level and the sector level. While the principal focus is on formal optimization, simulation and Monte Carlo methods are also discussed. Topics include non-linear programming, stochastic programming, elements of input-output analysis, computable general equilibrium analysis, dynamic problems and methods (e.g. dynamic programming and optimal control). Sectoral level planning applications considered include transportation and plant location studies; spatial equilibrium; and resource utilization across time. Firm level applications may include multi-period planning, queuing problems, inventory analysis, and replacement problems. Extensive use is made of computer-based optimization.
or
AGEC4107 Special Topics

Credit points: 6 Teacher/Coordinator: Dr Shauna Phillips Session: Semester 1,Semester 2 Classes: Individual research and consultation Prohibitions: AGEC4007 Assessment: Research paper (100%). Mode of delivery: Normal (lecture/lab/tutorial) day
Note: Department permission required for enrolment
This unit deals with the specialised areas of agricultural and resource economics of particular interest to approved students. The student will read under the guidance of a member of staff and complete designated learning tasks.
Textbooks
Individual reading.
AGEC4109 Agricultural Finance and Risk

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr Shauna Phillips Session: Semester 2 Classes: (2x1hr lec & 1x2hr tut/lab session)/wk, commencing week 1. Prerequisites: {(AGEC3001 or AGEC3101) and (AGEC2003 or AGEC2103)} OR (AGEC1102 and AGEC3103) Prohibitions: AGEC4009 Assessment: 1x2hr exam (70%) and 2 assignments (better done one (18%), other (12%)) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit has two related components. One component concerns risk and risk management in agriculture; the other deals with issues of agricultural producer finance. Risk topics include: risk measurement, subjective probability, adjusting beliefs as a result of new information; risk attitudes; decision making under risk; expected utility theory; valuing information; generalizations of expected utility theory; E-V analysis; stochastic dominance; internal measures to cope with risk including diversification and flexibility; insurance, futures, options and other market instruments for managing risk. Finance topics include the implications of capital market imperfections and consequential differences between corporate and small business finance; financial relationships between debt/equity levels and risk, optimal debt levels; cost of capital; short term working capital management; and longer term capital (investment) budgeting. Techniques of valuation of projects in risk-free and risk situations are examined.
or
AREC3005 Agricultural Finance and Risk

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/fortnight Prerequisites: AREC2001 or AGEC2103 or AREC2002 or AGEC2101 or ECOS2001 or ECOS2901 Assessment: 1x2hr Final Exam (70%), 2x1500wd Assignments (30%) Mode of delivery: Normal (lecture/lab/tutorial) day
Agricultural production is typically risky, adding complexity to decision analysis and increasing need of risk consideration in agricultural policy design. This unit explores this theme, and has two related components: risk and risk management in agriculture, and issues of agricultural producer finance. These two components cover a broad range of topics that incorporate production risk and other sources of risk in agriculture.
Plus three FINC3000 units

Agricultural Marketing

Junior (Level 1) units
MKTG1001 Marketing Principles

Credit points: 6 Teacher/Coordinator: Dr Jeaney Yip Session: Semester 1,Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Prohibitions: MKTG2001 Assessment: group assignment (17%), mid-semester exam (25%), group presentation (21%), tutorial participation (5%), research component (2%), and final exam (30%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit examines the relationships among marketing organisations and final consumers in terms of production-distribution channels or value chains. It focuses on consumer responses to various marketing decisions (product mixes, price levels, distribution channels, promotions, etc.) made by private and public organisations to create, develop, defend, and sometimes eliminate, product markets. Emphasis is placed on identifying new ways of satisfying the needs and wants, and creating value for consumers. While this unit is heavily based on theory, practical application of the concepts to "real world" situations is also essential. Specific topics of study include: market segmentation strategies; market planning; product decisions; new product development; branding strategies; channels of distribution; promotion and advertising; pricing strategies; and customer database management.
Level 2 and 3 units
AGEC2102 Agribusiness Marketing

Credit points: 6 Teacher/Coordinator: Dr David Ubilava Session: Semester 1 Classes: 2x1-hr lectures/week, 1x1-hr tutorial/fortnight Prerequisites: AGEC1006 or AGEC1102 or RSEC1031 Assessment: Group presentation (15%), 1x2000wd case study (25%), and 1x2hr exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study is designed to provide an introductory understanding of agribusiness marketing in a modern context. The unit will provide students in the Sciences degrees with an understanding of how the economic theory taught in first year in AGEC1006 can be treated in an applied context. For BAgrEc students, it is an intermediate level unit in the Agribusiness major.
Students will study the theory relating to the firm-level marketing mix and marketing strategy. The emphasis will be on the organisation and trends of agribusiness marketing including value-adding and market power in the supply chain, market efficiency and international marketing by agribusiness firms.
The unit content is analytical, and draws on applied microeconomics to demonstrate how marketing decisions are made along the marketing chain. At the end of this unit students will be able to use marketing theory to analyse the steps in the marketing chain and be aware of the forces for change within that chain.
By completing this unit, students should have improved their ability to master key theories, identify and frame problems, organise knowledge, carry out individual and group research, and synthesise information. They should also have improved their information literacy skills, and communication skills through group presentations and individual research.
AGEC4104 Industrial Organization of Agribusiness

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr David Ubilava Session: Semester 1 Classes: 1x2-hr lectures/week, 1x1-hr tutorial/week commencing week 2 Prerequisites: (AGEC2001 or AGEC2101) and (AGEC2003 or AGEC2103) Assessment: 1x2000 wd assignment (20%), 1x1000 wd review (10%), 1x15min presentation (5%), 1x1page evaluation of a peer (5%), and 1x2hr final exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit focuses on applications of economic theory and methods in agribusiness decision making. It provides advanced treatment of the industrial organisation of agribusiness firms. Case studies will be used to examine the economic complexities of global agribusiness systems. Extensive readings make up the central component of the unit.
Textbooks
Collections of readings.
or
ECOS3005 Industrial Organisation

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/fortnight Prerequisites: ECOS2001 or ECON2001 or ECOS2901 or ECON2901 Prohibitions: ECOS2201, ECON3005 Assessment: Mid-semester test (35%), problem sets (5%) and 2hr Final exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study examines the nature of inter-firm rivalry in industries with market power. It explores the various ways in which firms can increase their market power by: extracting more surplus from consumers, by colluding with rivals or by excluding entrants. The unit also analyses the international competitiveness of industries in the context of industry assistance and the prevalence of foreign multinationals. Competition policy is also discussed.
MKTG2112 Consumer Behaviour

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Prerequisites: MKTG1001 (or MKTG2001) Prohibitions: MKTG2002 Assessment: ongoing work portfolio (15%), class participation (15%), project interview transcripts (individual component) (15%), final project group presentation (10%), final project group report (20%), and midterm exam (25%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit examines the psychological, social, and cultural aspects of consumer behaviour on the marketing decisions of public and private organisations. Concepts and principles are drawn from disciplines such as cognitive psychology, social psychology, sociology, anthropology, and demography to discover and understand various aspects of consumer behaviour. Specific topics of study include: cultural, demographic and psychographic influences; reference group influences; household decision processes and consumption behaviour; consumer perception and learning; motivation, personality and emotion; consumer attitudes; and purchase decision processes.
MKTG3118 Marketing Strategy and Planning

Credit points: 6 Session: Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Prerequisites: MKTG1001 (or MKTG2001), MKTG2112 (or MKTG2002), and (MKTG2113 or MKTG1002 or MKTG2003) Prohibitions: MKTG3201 Assessment: consultant group presentation (20%), rationale for strategies - consultant group (10%), reflective journal entries (18%), participation (10%), final exam (40%), and research component (2%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit will focus on strategic and managerial aspects of marketing. It will cover the development of innovative, business models; segmentation, positioning and lifecycle strategies; and key aspects of managing and organising marketing activities, and measuring performance. The central theme is how marketing strategy and its management can create superior and sustainable value for both customers and shareholders. Assessment will reflect the Unit's strategic decision-making approach, requiring students to take on the roles of marketing advisors and managers.
Plus two other MKTG3000 untis
AGEC4101 Agricultural Marketing Analysis

This unit of study is not available in 2015

Credit points: 6 Teacher/Coordinator: Dr Elizabeth Nolan Session: Semester 2 Classes: 2x1-hr lectures/week, commencing week 1 Prerequisites: (AGEC2001 or AGEC2101) and (AGEC2003 or AGEC2103) Prohibitions: AGEC4004 Assessment: Problem sets (30%) 1x2hr exam (40%) 1x3000wd essay (30%). Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study is designed to provide an understanding of the underlying forces driving agricultural markets. Its content is analytical, and draws heavily on applied microeconomics. The unit addresses price analysis and pricing efficiency, including aspects of form, time and space in agricultural marketing; information and contracts; changing consumer concerns (food safety, ethical production); futures market and other risk sharing devices. The main learning aims of the unit are development of student skills in understanding the fundamental concepts in marketing theory and applying them to the agribusiness industry, and further development of students' analytical abilities in the context of agricultural marketing. Extensive reading will be required.
Textbooks
To be advised
or
AREC3002 Agricultural Markets

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/fortnight Prerequisites: AREC2001 or AGEC2103 or ECOS2001 or ECOS2901 Assessment: 1x1000wd Problem Sets (30%), 1x2hr Final Exam (40%), 1x1500wd Essay (30%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study is designed to provide an understanding of the underlying forces driving agricultural markets. It addresses price analysis and efficiency, including aspects of form, time and space in agricultural marketing; information and contracts; changing consumer concerns (food safety, ethical production); futures market and other risk sharing devices. Building on the application of microeconomic theory to both production and consumption in agricultural markets, its content is analytical.

Commercial Law

Junior (Level 1) units
CLAW1001 Foundations of Business Law

Credit points: 6 Teacher/Coordinator: Mr Giuseppe Carabetta Session: Semester 1,Semester 2 Classes: Two hours of lectures and a one hour tutorial per week Assessment: Mid-Semester exam (20%), Case Analysis Assignment (20%), Final exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
The entire fabric of commerce is woven from a complex legal regime, judicial and statutory, which regulates all commercial activity. Every decision in business, and every transaction and relationship, is made in the context of this legal regime. The aim of Foundations of Business Law is to introduce the students to the legal framework and regulatory systems which underlie all business activity and to expose them to the legal implications of commercial conduct. This unit of study introduces the Australian legal system and key areas of substantive business law including contracts, torts (in particular negligence and privacy), property and securities, white collar crime, intellectual property, competition and consumer law (in particular advertising, product liability and unfair contracts), business structures and operations, misleading and unconscionable conduct and dispute resolution.
Level 2 and 3 units
A minimum of six CLAW2000 and 3000 units
See the Business School handbook at sydney.edu.au/handbooks/business_school

Econometrics

Junior (Level 1) units
ECMT1010 Introduction to Economic Statistics

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x2hr lecture/week, 1x2hr workshop/week Prohibitions: ECMT1011, ECMT1012, ECMT1013, MATH1015, MATH1005, MATH1905, STAT1021, ECOF1010, BUSS1020, ENVX1001 Assessment: homework (15%), quizzes (30%), assignment (15%) and 1x2hr Final exam (40%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit emphasises understanding the use of computing technology for data description and statistical inference. Both classical and modern statistical techniques such as bootstrapping will be introduced. Students will develop an appreciation for both the usefulness and limitations of modern and classical theories in statistical inference. Computer software (e.g., Excel, StatKey) will be used for analysing real datasets.
ECMT1020 Introduction to Econometrics

Credit points: 6 Session: Semester 1,Semester 2 Classes: 2x1hr lectures/week, 1x2hr workshop/week Prerequisites: ECMT1010 or ECOF1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015 Prohibitions: ECMT1001, ECMT1002, ECMT1003, ECMT1021, ECMT1022, ECMT1023 Assessment: 3x quizzes (25%), workshop questions/homework (10%), assignment (15%) and 1x2hr Final exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: Other than in exceptional circumstances, it is strongly recommended that students do not undertake Business and Economic Statistics B before attempting Business and Economic Statistics A.
This unit is intended to be an introduction to the classical linear regression model (CLRM), the underlying assumptions, and the problem of estimation. Further, we consider hypothesis testing, and interval estimation, and regressions with dummy variables and limited dependent variable models. Finally, we consider different functional forms of the regression model and the problem of heteroskedasticity. Throughout we will try to emphasise the essential interplay between econometric theory and economic applications.

Compulsory senior units

ECMT2150 Cross Section Econometrics

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/week Prerequisites: (ECMT1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015) AND ECMT1020 Prohibitions: ECMT2110 Assessment: 4x250wd Individual Assignments (20%), 1x1hr Mid-semester Test (30%), 1x2hr Final Exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit will provide an introduction to the key issues involved in with the econometrics of cross-section and panel data. The topics this unit will cover include: instrumental variables; estimating systems by OLS and GLS; simultaneous equation models; discrete-choice models; treatment effects; and sample selection. Throughout the unit, emphasis will be placed on economic applications of the models. The unit will utilise practical computer applications, where appropriate.
ECMT2160 Time Series Econometrics

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/week Prerequisites: ECMT2150 or ECMT2110 Assessment: 4x250wd Individual Assignments (20%), 1x1hr Mid-semester Test (30%), 1x2hr Final Exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit focuses on time series techniques and more advanced econometrics methods (e.g. MLE, GMM, model specification analysis). This unit starts with a review of probability and statistics and cross sectional methods, followed by advanced methodologies that are useful for analysing time series data. The unit is ended with a selected list of special topics. The lectures and assessments will be application-oriented. Computer software (e.g., Stata, SAS, R) will be used throughout the unit.
Level 2 and 3 units
At least four senior elective units of study (24 credit points) selected from the following options with a minimum of three at the 3000 level:
ECMT2130 Financial Econometrics

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/week Prerequisites: ECMT2110 or ECMT2010 or ECMT1020 Prohibitions: ECMT2030 Assessment: 2x assignments (2x20%) and 1x2hr Final exam (60%) Mode of delivery: Normal (lecture/lab/tutorial) day
Over the last decade econometric modelling of financial data has become an important part of the operations of merchant banks and major trading houses and a vibrant area of employment for econometricians. This unit provides an introduction to some of the widely used econometric models for financial data and the procedures used to estimate them. Special emphasis is placed upon empirical work and applied analysis of real market data. Topics covered may include the statistical characteristics of financial data, the specification, estimation and testing of asset pricing models, the analysis of high frequency financial data, and the modelling of volatility in financial returns.
ECMT2160 Time Series Econometrics

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/week Prerequisites: ECMT2150 or ECMT2110 Assessment: 4x250wd Individual Assignments (20%), 1x1hr Mid-semester Test (30%), 1x2hr Final Exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit focuses on time series techniques and more advanced econometrics methods (e.g. MLE, GMM, model specification analysis). This unit starts with a review of probability and statistics and cross sectional methods, followed by advanced methodologies that are useful for analysing time series data. The unit is ended with a selected list of special topics. The lectures and assessments will be application-oriented. Computer software (e.g., Stata, SAS, R) will be used throughout the unit.
ECMT3120 Applied Econometrics

Credit points: 6 Session: Semester 2 Classes: 1x2hr lecture/week, 1x1hr tutorial/week Prerequisites: ECMT3110 or ECMT3010 or (ECMT2150 and ECMT2160) Prohibitions: ECMT3020 Assessment: group project (25%), Mid-semester test (25%), 2hr Final exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
Econometric theory provides techniques to quantify the strength and form of relationships between variables. Applied Econometrics is concerned with the appropriate use of these techniques in practical applications in economics and business. General principles for undertaking applied work are discussed and necessary research skills developed. In particular, the links between econometric models and the underlying substantive knowledge or theory for the application are stressed. Topics will include error correction models, unit roots and cointegration and models for cross section data, including limited dependent variables. Research papers involving empirical research are studied and the unit features all students participating in a group project involving econometric modelling.
ECMT3130 Forecasting for Economics and Business

Credit points: 6 Session: Semester 2 Classes: 2x1hr lectures/week, 1x1hr lab/week Prerequisites: ECMT2110 or ECMT2010 or (ECMT2150 and ECMT2160) Prohibitions: ECMT3030 Assessment: assignment (20%), group assignment (25%), Mid-semester test (20%) and 2.5hr Final exam (35%) Mode of delivery: Normal (lecture/lab/tutorial) day
The need to forecast or predict future values of economic time series arises frequently in many branches of applied economic and commercial work. It is, moreover, a topic which lends itself naturally to econometric and statistical treatment. The specific feature which distinguishes time series from other data is that the order in which the sample is recorded is of relevance. As a result of this, a substantial body of statistical methodology has developed. This unit provides an introduction to methods of time series analysis and forecasting. The material covered is primarily time domain methods designed for a single series and includes the building of linear time series models, the theory and practice of univariate forecasting and the use of regression methods for forecasting. Throughout the unit a balance between theory and practical application is maintained.
ECMT3150 The Econometrics of Financial Markets

Credit points: 6 Session: Semester 1 Classes: 1x2hr lecture/week, 1x1hr lab/week Prerequisites: ((ECMT1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015) and (ECMT2110 or ECMT2010) and (ECMT2130 or ECMT2030)) or (ECMT2130 and ECMT2150 and ECMT2160) Prohibitions: ECMT3050 Assessment: assignment (20%), group assignment (30%), Mid-semester test (15%) and 2.5hr Final exam (35%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit studies and develops the econometric models and methods employed for the analysis of data arising in financial markets. It extends and complements the material covered in ECMT2130. The unit will cover econometric models that have proven useful for the analysis of both synchronous and non-synchronous financial time series data over the last two decades. Modern Statistical methodology will be introduced for the estimation of such models. The econometric models and associated methods of estimation will be applied to the analysis of a number of financial datasets. Students will be encouraged to undertake hands-on analysis using an appropriate computing package. Topics covered include: Discrete time financial time series models for asset returns; modelling and forecasting conditional volatility; Value at Risk and modern market risk measurement and management; modelling of high frequency and/or non-synchronous financial data and the econometrics of market microstructure issues. The focus of the unit will be in the econometric models and methods that have been developed recently in the area of financial econometrics and their application to modelling and forecasting market risk measures.
ECMT3170 Computational Econometrics

Credit points: 6 Session: Semester 2 Classes: 2x1hr lecture/week, 1x1hr computer laboratory/week Prerequisites: ECMT2160 or ECMT2110 Assessment: 1x2hr Final Exam (50%), 1x1500wd Computer Project (30%), 2x500wd Computer Assignment (20%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit provides an introduction to modern computationally intensive algorithms, their implementation and application for carrying out statistical inference on econometric models. Students will learn modern programming techniques such as Monte Carlo simulation and parallel computing to solve econometric problems. The computational methods of inference include Bayesian approach, bootstrapping and other iterative algorithms for estimation of parameters in complex econometric models. Meanwhile, students will be able to acquire at least one statistical programming language.
See the Business School handbook at sydney.edu.au/handbooks/business_school

Economics

Junior (Level 1) units
ECMT1010 Introduction to Economic Statistics

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x2hr lecture/week, 1x2hr workshop/week Prohibitions: ECMT1011, ECMT1012, ECMT1013, MATH1015, MATH1005, MATH1905, STAT1021, ECOF1010, BUSS1020, ENVX1001 Assessment: homework (15%), quizzes (30%), assignment (15%) and 1x2hr Final exam (40%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit emphasises understanding the use of computing technology for data description and statistical inference. Both classical and modern statistical techniques such as bootstrapping will be introduced. Students will develop an appreciation for both the usefulness and limitations of modern and classical theories in statistical inference. Computer software (e.g., Excel, StatKey) will be used for analysing real datasets.
ECMT1020 Introduction to Econometrics

Credit points: 6 Session: Semester 1,Semester 2 Classes: 2x1hr lectures/week, 1x2hr workshop/week Prerequisites: ECMT1010 or ECOF1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015 Prohibitions: ECMT1001, ECMT1002, ECMT1003, ECMT1021, ECMT1022, ECMT1023 Assessment: 3x quizzes (25%), workshop questions/homework (10%), assignment (15%) and 1x2hr Final exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: Other than in exceptional circumstances, it is strongly recommended that students do not undertake Business and Economic Statistics B before attempting Business and Economic Statistics A.
This unit is intended to be an introduction to the classical linear regression model (CLRM), the underlying assumptions, and the problem of estimation. Further, we consider hypothesis testing, and interval estimation, and regressions with dummy variables and limited dependent variable models. Finally, we consider different functional forms of the regression model and the problem of heteroskedasticity. Throughout we will try to emphasise the essential interplay between econometric theory and economic applications.
ECON1001 Introductory Microeconomics

Credit points: 6 Session: Semester 1,Semester 2,Summer Main Classes: 1x2hr lecture/week, 1x1hr tutorial/week Prohibitions: BUSS1040 Assessment: online quizzes (10%), 1xMid-semester test (30%), 1xEssay (10%) and 1x2hr Final exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
Introductory Microeconomics addresses the economic decisions of individual firms and households and how these interact in markets. It is a compulsory core unit for the Bachelor of Economics and an alternative core unit for the Bachelor of Economic and Social Science. Economic issues are pervasive in contemporary Australian society. Introductory Microeconomics introduces students to the language and analytical framework adopted in Economics for the examination of social phenomena and public policy issues. Whatever one's career intentions, coming to grips with economic ideas is essential for understanding society, business and government. Students are given a comprehensive introduction to these ideas and are prepared for the advanced study of microeconomics in subsequent years. It is assumed that students undertaking this unit will have a prior knowledge of mathematics.
ECON1002 Introductory Macroeconomics

Credit points: 6 Session: Semester 1,Semester 2,Summer Main Classes: 1x2hr lecture/week, 1x1hr tutorial/week Assessment: Tutorial participation (5%), 5x online quizzes (10%), Mid-semester test (25%), Essay (10%) and 2hr Final exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
Introductory Macroeconomics addresses the analysis of the level of employment and economic activity in the economy as a whole. It is a compulsory core unit for the Bachelor of Economics and an alternative core unit for the Bachelor of Economic and Social Sciences. Introductory Macroeconomics examines the main factors that determine the overall levels of production and employment in the economy, including the influence of government policy and international trade. This analysis enables an exploration of money, interest rates and financial markets, and a deeper examination of inflation, unemployment and economic policy. It is assumed that students undertaking this unit will have a prior knowledge of mathematics.
Level 2 and 3 units
ECOS2001 Intermediate Microeconomics

Credit points: 6 Session: Semester 1,Semester 2,Summer Main Classes: 1x2hr lecture/week, 1x1hr tutorial/week Prerequisites: ECON1001 or BUSS1040 Corequisites: ECMT1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015 Prohibitions: ECON2001, ECOS2901, ECON2901 Assessment: Tutorial participation (10%), 2x in-class tests (40%) and 2hr Final exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: Certain combinations of Maths/Stats may substitute for Econometrics. Consult the School of Economics Undergraduate Coordinator.
The aim of Intermediate Microeconomics is the development of theoretical and applied skills in economics. It covers applications and extensions of the theory of consumer choice, firm behaviour and market structure. Emphasis is given to the economics of information and choice under uncertainty; industry structures other than monopoly and perfect competition; markets for factors of production; general equilibrium and economic efficiency; market failure and the role of government. This unit provides a basis for the more specialised options that comprise third year economics.
ECOS2002 Intermediate Macroeconomics

Credit points: 6 Session: Semester 1,Semester 2,Summer Main Classes: 1x2hr lecture/week, 1x1hr tutorial/week Prerequisites: ECON1002 Corequisites: ECMT1020 Prohibitions: ECON2002, ECOS2902, ECON2902 Assessment: Mid-semester test (30%), assignments (20%) and 2hr Final exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: Certain combinations of Maths/Stats may substitute for Econometrics. Consult the School of Economics Undergraduate Coordinator.
This unit of study develops models of the goods, money and labour markets, and examines issues in macroeconomic policy. Macroeconomic relationships, covering consumption, investment, money and employment, are explored in detail. Macro-dynamic relationships, especially those linking inflation and unemployment, are also considered. Exchange rates and open economy macroeconomics are also addressed. In the last part of the unit, topics include the determinants and theories of economic growth, productivity and technology, the dynamics of the business cycle, counter-cyclical policy and the relationship between micro and macro policy in the context of recent Australian experience.
Any four further ECOS2000 or ECOS3000 units, of which at least three must be at the 3000 level
See the Business School handbook at sydney.edu.au/handbooks/business_school

Finance

Junior (Level 1) units
Any one junior unit of study (six credit points) from the University of Sydney Business School.
ECMT1010 Introduction to Economic Statistics

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x2hr lecture/week, 1x2hr workshop/week Prohibitions: ECMT1011, ECMT1012, ECMT1013, MATH1015, MATH1005, MATH1905, STAT1021, ECOF1010, BUSS1020, ENVX1001 Assessment: homework (15%), quizzes (30%), assignment (15%) and 1x2hr Final exam (40%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit emphasises understanding the use of computing technology for data description and statistical inference. Both classical and modern statistical techniques such as bootstrapping will be introduced. Students will develop an appreciation for both the usefulness and limitations of modern and classical theories in statistical inference. Computer software (e.g., Excel, StatKey) will be used for analysing real datasets.
ECON1001 Introductory Microeconomics

Credit points: 6 Session: Semester 1,Semester 2,Summer Main Classes: 1x2hr lecture/week, 1x1hr tutorial/week Prohibitions: BUSS1040 Assessment: online quizzes (10%), 1xMid-semester test (30%), 1xEssay (10%) and 1x2hr Final exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
Introductory Microeconomics addresses the economic decisions of individual firms and households and how these interact in markets. It is a compulsory core unit for the Bachelor of Economics and an alternative core unit for the Bachelor of Economic and Social Science. Economic issues are pervasive in contemporary Australian society. Introductory Microeconomics introduces students to the language and analytical framework adopted in Economics for the examination of social phenomena and public policy issues. Whatever one's career intentions, coming to grips with economic ideas is essential for understanding society, business and government. Students are given a comprehensive introduction to these ideas and are prepared for the advanced study of microeconomics in subsequent years. It is assumed that students undertaking this unit will have a prior knowledge of mathematics.
ECON1002 Introductory Macroeconomics

Credit points: 6 Session: Semester 1,Semester 2,Summer Main Classes: 1x2hr lecture/week, 1x1hr tutorial/week Assessment: Tutorial participation (5%), 5x online quizzes (10%), Mid-semester test (25%), Essay (10%) and 2hr Final exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
Introductory Macroeconomics addresses the analysis of the level of employment and economic activity in the economy as a whole. It is a compulsory core unit for the Bachelor of Economics and an alternative core unit for the Bachelor of Economic and Social Sciences. Introductory Macroeconomics examines the main factors that determine the overall levels of production and employment in the economy, including the influence of government policy and international trade. This analysis enables an exploration of money, interest rates and financial markets, and a deeper examination of inflation, unemployment and economic policy. It is assumed that students undertaking this unit will have a prior knowledge of mathematics.
Level 2 and 3 units
FINC2011 Corporate Finance I

Credit points: 6 Session: Semester 1,Semester 2,Summer Early,Winter Main Classes: 1 x 2hr lecture and 1 x 1hr tutorial per week Prohibitions: FINC2001 Assumed knowledge: ECMT1010 or BUSS1020, BUSS1040 or (ECON1001 and ECON1002) and BUSS1030 (or ACCT1001 and ACCT1002) Assessment: Mid-semester exam (20%), major assignment (30%) and final exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: Note: Study in Finance commences in second year. BUSS1020 (or ECMT1010), BUSS1040 (or ECON1001 and ECON1002) and BUSS1030 (or ACCT1001 and ACCT1002) are recommended for all students wanting to study Finance.
This unit provides an introduction to basic concepts in corporate finance and their application to (1) valuation of risky assets including stocks, bonds and entire corporations, (2) pricing of equity securities, and (3) corporate financial policy decisions including dividend, capital structure and risk management policies. Emphasis is placed on the application of the material studied and current practices in each of the topic areas.
FINC2012 Corporate Finance II

Credit points: 6 Session: Semester 1,Semester 2,Summer Main Classes: 1x 2hr lecture and 1x 1hr tutorial per week Prerequisites: FINC2011 or FINC2001 Prohibitions: FINC2002 Assessment: Mid-semester exam (15%), essay (20%), and final exam (65%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit builds on FINC2011 Corporate Finance I, by extending basic concepts in corporate financing, investing and risk management. The unit presents current theories of corporate financing and their practical application in corporate investment and capital budgeting. The unit also examines securities and securities markets with an emphasis on pricing, investment characteristics and their use by corporations to manage risk. The securities examined include: bonds and related fixed income products; futures and options. The goal of the unit is to broaden students' knowledge of corporate finance in preparation for further study in finance in 300 level courses.
FINC3017 Investments and Portfolio Management

Credit points: 6 Session: Semester 1,Semester 2,Summer Early Classes: 1x 2h lecture and 1x 1hr tutorial per week Prerequisites: FINC2011 Prohibitions: FINC3007 Assessment: 2 x reports (15% each), essay (15%) and final exam (55%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: Students who achieved less than a credit in FINC2011 are advised not to attempt FINC3017 until they have completed FINC2012.
This unit is designed to provide a comprehensive analytical approach to the modern theory of investments. Topics covered include: mean-variance analysis; Markowitz type portfolio analysis; portfolio construction; asset pricing theories; market efficiency and anomalies; hedge funds and investment fund performance evaluation. Although analytical aspects of investments theory are stressed, there is also an equal amount of coverage on the practical aspects of portfolio management. Current research on investments is emphasised in the course.
A minimum of three (18 credit points) further FINC3000 level units
See the Business School handbook at sydney.edu.au/handbooks/business_school

Geography

Junior (Level 1) units and Level 2 units
Some junior elective and intermediate GEOG/GEOS units may be required to meet the prerequisites of Level 3 units for this major.
Level 3 units
24 CP made up of:
GEOS3333 Geographical Concepts, Skills & Methods

Credit points: 6 Teacher/Coordinator: A/Prof Bill Pritchard, Dr Dan Penny Session: Semester 2 Classes: 1 lecture, 2 tutorials per week Prerequisites: Assumed Knowledge: Basic knowledge of ARC GIS software. Prohibitions: GEOS3933 Assessment: One 2hr exam, one practical report, one 2000w fieldwork report (100%) Practical field work: 24 hours of fieldwork per semester Mode of delivery: Normal (lecture/lab/tutorial) day
GEOS3333 is designed to be the 'capstone' for a Major in Geography. Its aim is to bring together the core concepts within the discipline; connect these to methodological practices, and further develop the field-based skills associated with geographical research. Reflecting the straddle of the discipline across the natural and social sciences, this unit draws on a wide diversity of material to impart key insights about the essential qualities of 'doing Geography'. This includes (i) a weekly lecture program which addresses three thematic concerns of Geography (human-environment interactions; spatial relations; and politics, policy and practice) using examples from the natural and social science perspectives at global, national and local scales; (ii) a two-hour prac class each week which introduces key methods (relevant to both the natural and social science parts of the discipline) and which leads to a major research proposal exercise; and (iii) 24 hours fieldwork through the semester, which can take the form either of a three-day field trip to rural NSW or three separate day-trips within Sydney. GEOS3333 is one of two compulsory units for the Geography Major (the other is GEOS3053) and is highly recommended for students contemplating Honours in Geography.
or
GEOS3933 Geog. Concepts, Skills & Methods (Adv)

Credit points: 6 Teacher/Coordinator: A/Prof Bill Pritchard, Dr Dan Penny Session: Semester 2 Classes: 1 lecture, 2 tutorials per week Prerequisites: Distinction average in 24 credit points of Intermediate units of study including 6 credit points from one of the following units: GEOS2112, GEOS2912, GEOS2123, GEOS2923, GEOS2115, GEOS2915, GEOS2121, GEOS2921, SOIL2002, LWSC2002. Prohibitions: GEOS3333 Assessment: One 2hr exam, one practical report, one 2000w fieldwork report (100%) Practical field work: 24 hours of fieldwork per semester Mode of delivery: Normal (lecture/lab/tutorial) day
GEOS3933 has the same thematic content as GEOS3333 however with elements taught at an Advanced level.
GEOS3053 Southeast Asia Field School

Credit points: 6 Teacher/Coordinator: Dr Jeff Neilson Session: Intensive July Classes: Five pre-departure lectures during Semester 1 2015, three weeks in-country intensive involving lectures, fieldwork and field-based methods training, readings and small group discussions. Prerequisites: 6 credit points of Intermediate units of study in Geography. Department permission is required for enrolment. Prohibitions: GEOS3953, GEOG3201 Assessment: One pre-departure background report, one short field essay, group participation, one consolidation report, one exam. Mode of delivery: Normal (lecture/lab/tutorial) day
Note: Department permission required for enrolment
Note: Students must contact the unit coordinator no later than September in the year before taking this unit.
The unit of study can be taken only with prior permission from the unit of study coordinator. It constitutes a Field School run over a three-week period in July, prior to the commencement of the second semester. In 2015 the Field School will be held in Indonesia (Java, Sulawesi and Bali). In other years it may be held in mainland Southeast Asia (three of the Mekong countries China, Thailand, Laos, Cambodia and Viet Nam). The Field School focuses on three main themes; rural social, environmental and economic change; regional economic integration and its local effects; regional environmental change and natural resources governance. The Field School is run in close association with local universities, whose staff and students participate in some components of the course. Places are limited, and students interested in the 2014 Field School should indicate expression of interest to Dr Jeff Neilson by 26th September 2014.
or
GEOS3953 Southeast Asia Field School (Adv)

Credit points: 6 Teacher/Coordinator: Dr Jeff Neilson Session: Intensive July Classes: Five pre-departure lectures during Semester 1 2014, three weeks in-country intensive involving lectures, fieldwork and field-based methods training, readings and small group discussions. Prerequisites: 6 credit points of Intermediate units of study in Geography. Department permission required for enrolment. Prohibitions: GEOS3053 Assessment: One pre-departure project proposal, one short field essay, group participation, one field-based research report, one exam. Mode of delivery: Normal (lecture/lab/tutorial) day
Note: Department permission required for enrolment
Note: Students must contact the unit coordinator no later than September in the year before taking this unit.
The unit of study can be taken only with prior permission from the unit of study coordinator. It constitutes a Field School run over a three-week period in July, prior to the commencement of the second semester. In 2015 the Field School will be held in Indonesia (Java, Sulawesi and Bali). In other years it may be held in mainland Southeast Asia (three of the Mekong countries China, Thailand, Laos, Cambodia and Viet Nam). The Field School focuses on three main themes; rural social, environmental and economic change; regional economic integration and its local effects; regional environmental change and natural resources governance. The Field School is run in close association with local universities, whose staff and students participate in some components of the course. Places are limited, and students interested in the 2014 Field School should indicate expression of interest to Dr Jeff Neilson by 26th September 2014.
Plus any of the following units:
ENVI3111 Environmental Law and Ethics

Credit points: 6 Teacher/Coordinator: Dr Josephine Gillespie Session: Semester 1 Classes: Two 1 hour lectures and one 1 hour tutorial per week. Prerequisites: 12 credit points of intermediate units of study Prohibitions: ENVI3911 Assessment: Exam (40%) Essays (40%, 20%) Mode of delivery: Normal (lecture/lab/tutorial) day
Shared Teaching Arrangements: This unit of study is co-taught by the School of Geosciences (75%) and the Unit for the History and Philosophy of Science (25%). The unit is divided into two parts: (1) environmental law and governance (weeks 1-9) and (2) environmental ethics (weeks 10-13). Environmental regulation and governance plays an important role in regulating human impacts on the environment. The law and governance part of this unit provides an introduction and overview to environmental regulation. We investigate key environmental issues through an examination of legal policies, legislation and case law at a variety of scales (international, national and state/local). This unit also highlights the ways in which environmental law and governance is increasingly interconnected to other areas of environmental studies. The ethics component helps students develop thoughtful and informed positions on issues in environmental ethics using arguments derived from traditional ethics as well as environmentally specific theories. Ethical conflicts are often inevitable and difficult to resolve but using the resources of philosophical ethics and regular reference to case studies, students can learn to recognize the values and considerations at stake in such conflicts, acknowledge differing viewpoints and defend their own well considered positions.
or
ENVI3911 Environmental Law and Ethics (Advanced)

Credit points: 6 Teacher/Coordinator: Dr Josephine Gillespie Session: Semester 1 Classes: Two 1 hour lectures and one 1 hour tutorial per week. Prerequisites: Distinction average across 12 credit points of intermediate units of study Prohibitions: ENVI3111 Assessment: Fieldwork component (40%), essay (20%) and exam (40%). Mode of delivery: Normal (lecture/lab/tutorial) day
Shared Teaching Arrangements: This unit of study is co-taught by the School of Geosciences (75%) and the Unit for the History and Philosophy of Science (25%). The unit is divided into two parts: (1) environmental law and governance (weeks 1-9) and (2) environmental ethics (weeks 10-13). This advanced unit of study will cover the same core lecture material as for ENVI3111, but students will be required to carry out more challenging practical assignments based on a fieldtrip activity. The fieldwork will take the form of a Land and Environment Court visit and students will be required to provide a report on environmental decision making as part of this assessment.
ENVI3112 Environmental Assessment

Credit points: 6 Teacher/Coordinator: A/Prof Phil McManus Session: Semester 2 Classes: One 2-hour lecture per week and one 2-hour tutorial per week. Prerequisites: (GEOS2121 or GEOS2921) and 6 additional credit points of intermediate units Prohibitions: ENVI3912, ENVI3004, ENVI3002 Assessment: Literature review, individual report, presentation (100%). Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study focuses on environmental impact assessment as part of environmental planning. It seeks to establish a critical understanding of environmental planning and the tools available to improve environmental outcomes. The unit of study addresses the theory and practice of environmental impact statements (EIS) and environmental impact assessment processes (EIA) from scientific, economic, social and cultural value perspectives. Emphasis is placed on gaining skills in group work and in writing and producing an assessment report, which contains logically ordered and tightly structured argumentation that can stand rigorous scrutiny by political processes, the judiciary, the public and the media.
or
ENVI3912 Environmental Assessment (Advanced)

Credit points: 6 Teacher/Coordinator: A/Prof Phil McManus Session: Semester 2 Classes: One 2-hour lecture per week and one 2-hour tutorial per week. Prerequisites: Distinction average in ((GEOS2121 or GEOS2921) and 6 additional credit points of intermediate units) Prohibitions: ENVI3112, ENVI3004, ENVI3002 Assessment: Essay, individual report, presentation (100%). Mode of delivery: Normal (lecture/lab/tutorial) day
This advanced unit of study will cover the same core lecture, tutorial and group practical material as for ENVI3112. The difference in the Advanced unit of study is that students will be required to write a 3000-word essay that is worth 40% of their semester marks, rather than writing a literature review. The essay will explore the more theoretical and conceptual debates within impact assessment.
GEOS3520 Urban Citizenship & Sustainability

Credit points: 6 Teacher/Coordinator: A/Prof Phil McManus, Dr Kurt Iveson Session: Semester 1 Classes: 2 hour lecture and 1 hour tutorial per week, six 2 hours practical sessions. Prerequisites: 24 credit points of Intermediate units of study including 6 credit points from one of the following units: GEOS2112, GEOS2912, GEOS2123, GEOS2923, GEOS2115, GEOS2915, GEOS2121, GEOS2921, SOILS2002, LWSC2002 Prohibitions: GEOS3920 Assessment: One 2hr exam, one 2000w essay, one 2000w group-based prac report (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
Cities are now the predominant home for humanity. More than half of the world's population reside in cities. The contemporary growth of cities, however, is attached to profound political questions about what it means to be urban, and what 'being urban' means for the planet. This Unit of Study provides grounding to these crucial questions. In the first half of the semester, lectures address the question: are cities sustainable? Why or why not? And for whom? This focus addresses utopian visions for cities, urban history, ecological footprint analysis, bioregionalism, transport options, urban form and urban policy, with reference to sustainable futures and the role of custodianship. During the second half of the semester, lectures address the question: what does it mean to be a 'citizen', and what has this got to do with cities and different approaches to urban sustainability? This includes consideration of historical and contemporary configurations of citizenship. Case studies illustrate ways in which new forms of citizenship are produced through struggles over rights to the city and the urban environment. Through the semester a practicals program enables students to develop urban-based research projects.
or
GEOS3920 Urban Citizenship & Sustainability (Adv)

Credit points: 6 Teacher/Coordinator: A/Prof Phil McManus, Dr Kurt Iveson Session: Semester 1 Classes: 2 hour lecture and 2 hour tutorial per week Prerequisites: Distinction average in 24 credit points of Intermediate units of study including 6 credit points from one of the following units: GEOS2112, GEOS2912, GEOS2123, GEOS2923, GEOS2115, GEOS2915, GEOS2121, GEOS2921, SOIL2002, LWSC2002 Prohibitions: GEOS3520 Assessment: One 2hr exam, one 2000w essay, one 2000w group-based prac report. Mode of delivery: Normal (lecture/lab/tutorial) day
GEOS3920 has the same thematic content as GEOS3520 however with elements taught at an Advanced level
GEOS3524 Global Development and Livelihoods

Credit points: 6 Teacher/Coordinator: Dr Jeff Neilson, Dr Yayoi Lagerqvist Session: Semester 1 Classes: 2 lectures, 1 tutorial per week Prerequisites: 24 credit points of Intermediate units of study including 6 credit points of Intermediate Geoscience Prohibitions: GEOS2112, GEOS3924, GEOS2912 Assessment: One 2hr exam, one practical report, one 2000w essay, tutorial papers (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study provides students with grounding in core theories and frameworks used in Geography to account for the social, spatial and environmental unevenness in global development. During the first half of the semester, we focus on questions relating to who are the winners and losers from contemporary patterns of global economic change. This includes the analysis of relevant conceptual approaches to these questions (including comparative advantage, global value chain theory, regionalism, economic governance, development and post-development), plus 'hands-on' examination of the key institutions (such as the WTO and World Bank) and policy approaches that drive these changes. Then, in the second half of the semester, we adopt a livelihoods approach to assess these processes. In general, issues are tailored to themes being played out in Asia-Pacific countries. Students are expected to participate in a variety of practical class exercises throughout the semester. This unit provides a feeder-unit into the Asia-Pacific Field School.
or
GEOS3924 Global Development and Livelihoods (Adv)

Credit points: 6 Teacher/Coordinator: Dr Jeff Neilson Session: Semester 1 Classes: 2 lectures, 1 tutorial per week Prerequisites: 24 credit points of Intermediate units of study including a distinction in 6 credit points of Intermediate Geoscience Prohibitions: GEOS2912, GEOS2112, GEOS3524 Assessment: One 2hr exam, one practical report, one 2000w essay, tutorial papers (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
GEOS3924 has the same thematic content as GEOS3524 however with elements taught at an Advanced level.
GEOS3009 Coastal Environments and Processes

Credit points: 6 Teacher/Coordinator: Dr Jody Webster, Dr Ana Vila-Concejo Session: Semester 1 Classes: Two 1 hour lectures and one 2 hour practical per week; weekend excursion. Prerequisites: (6 credit points of Intermediate Geoscience units) and (6 further credit points of Intermediate Geoscience or 6 credit points of Physics or Mathematics or Information Technology or Engineering units) or ((MARS2005 or MARS2905) and (MARS2006 or MARS2906)) Prohibitions: MARS3003, MARS3105, GEOS3909 Assessment: One 2 hour exam, research reports and an online quiz (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
The aim of this course is to introduce students to a variety of Coastal Environments and the major physical and chemical processes which control the morphodynamic evolution of these systems. The course offers a unique opportunity of learning the full spectrum of marine sedimentary environments from siliciclastic, temperate, highly urbanised and impacted estuarine ecosytems to carbonate, tropical, pristine and undeveloped/protected coastal and continental margin environments. The course may include field work in temperate environments and at One Tree Island on the Great Barrier Reef (GBR). The two parts of the course comprise physical processes in siliciclastic (temperate) and carbonate-dominated (tropical) coastal and continental margin environments. The first part of the course covers basic coastal environments and processes in estuarine and open coast environments and focuses on the morphodynamics of those environments, a fieldtrip to an open beach within Sydney is envisaged where students will learn basic skills for beach monitoring. The second part of the course covers the basic morphodynamics and processes impacting carbonate-dominated coastal and continental margin environments. The focus is on carbonate reefal and margin systems and their geologic and biologic responses to past, present and future environmental changes. These systems may also be studied in the field at The University of Sydney One Tree Island Research Station in the GBR and in some practicals Students who are unable participate in the GBR field trip will be given an alternative assignment.
Textbooks
Recommended:
or
GEOS3909 Coastal Environments and Processes (Adv)

Credit points: 6 Teacher/Coordinator: Dr Ana Vila Concejo Session: Semester 1 Classes: Three 1 hour lectures, two 3 hour practicals per week, fieldwork. Prerequisites: Distinction average in ((6 credit points of Intermediate Geoscience* units) and (6 further credit points of Intermediate Geoscience or 6 credit points of Physics, Mathematics, Information Technology or Engineering units) or ((MARS2005 or MARS2905) and (MARS2006 or MARS2906))) Prohibitions: MARS3105, GEOS3009, MARS3003 Assessment: One 2 hour exam, two 1500 word reports (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: A distinction average in prior Geography or Geology units is normally required for admission. This requirement may be varied and students should consult the unit of study coordinator.
Advanced students will complete the same core lecture material as for GEOS3009 but will carry out more challenging projects, practicals, assignments and tutorials.
GEOS3014 GIS in Coastal Management

Credit points: 6 Teacher/Coordinator: Dr Eleanor Bruce Session: Semester 2 Classes: Two 1 hour lectures and one 3 hour practical per week. Prerequisites: Either 12 credit points of Intermediate Geoscience units or [(GEOS2115, GEOS2915) and (BIOL2018 or BIOL2918 or BIOL2024 or BIOL2924 or BIOL2028 or BIOL2928)]. Prohibitions: MARS3104, GEOS3914 Assessment: One 2 hour exam, two project reports, quizzes (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
Coastal Management is about how scientific knowledge is used to support policy formulation and planning decisions in coastal environments. The course links coastal science to policy and practice in management of estuaries, beaches and the coastal ocean. The principles are exemplified through specific issues, such as coastal erosion, pollution, and impacts of climate-change. The issues are dealt with in terms of how things work in nature, and how the issues are handled through administrative mechanisms. These mechanisms involve planning strategies like Marine Protected Areas and setback limits on civil development in the coastal zone. The coastal environments and processes that are more relevant to coastal management including: rocky coasts; beaches, barriers and dunes; and coral reefs will also be introduced. At a practical level, the link between science and coastal management is given substance through development and use of 'decision-support models'. These models involve geocomputing methods that entail application of simulation models, remotely sensed information, and Geographic Information Systems (GIS). The course therefore includes both principles and experience in use of these methods to address coastal-management issues. (It thus also involves extensive use of computers.) Although the focus is on the coast, the principles and methods have broader relevance to environmental management in particular, and to problem-solving in general. That is, the course has vocational relevance in examining how science can be exploited to the benefit of society and nature conservation.
or
GEOS3914 GIS in Coastal Management (Advanced)

Credit points: 6 Teacher/Coordinator: Dr Eleanor Bruce, Dr Ana Vila Concejo Session: Semester 2 Classes: Two hours of lectures, one 3 hour practical per week comprising one 1 hour practical demonstration and one 2 hour practical Prerequisites: Distinction average in either 12 credit points of Intermediate Geoscience units or [(GEOS2115 or GEOS2915) and (BIOL2018 or BIOL2918 or BIOL2024 or BIOL2924 or BIOL2028 or BIOL2928)]. Prohibitions: GEOS3014, MARS3104 Assessment: One 2 hour exam, project work, two practical-based project reports, fortnightly progress quizzes (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: Department permission required for enrolment
Note: A distinction average in prior Geography, Geology or Marine Science units of study is normally required for admission. This requirement may be varied and students should consult the unit of study coordinator.
Advanced students will complete the same core lecture material as for GEOS3014 but will carry out more challenging projects, practicals, assignments and tutorials.
GEOS3101 Earth's Structure and Evolution

Credit points: 6 Teacher/Coordinator: A/Prof Patrice Rey, Prof Geoff Clarke Session: Semester 1 Classes: Two 1 hour lectures and one 3 hour tutorial/practical class per week, and a 3-day excursion. Prerequisites: (GEOS2114 or GEOS2914) and (GEOS2124 or GEOS2924); or 24 credit points of Intermediate Science units of study and GEOS1003 or GEOS1903 with permission of the Head of School Prohibitions: GEOS3903, GEOS3904, GEOS3006, GEOS3017, GEOS3906, GEOS3917, GEOS3004, GEOS3801, GEOS3003 Assumed knowledge: GEOS2114, GEOS2124 Assessment: One 2 hour exam, practical and field reports (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
The Earth's crust and upper mantle, or lithosphere, are a consequence of dynamic and thermal processes operating since the beginning of the Archaean. This unit focuses on information and techniques that enable an understanding of these processes. The main topics presented in this unit include: the formation and evolution of oceanic and continental lithosphere; tectonic deformation, magmatism and metamorphism at plate boundaries; and the mesoscopic and microscopic analysis of igneous and metamorphic rocks. Practical classes and field exercises are designed to enable students to competently and independently identify the common crystalline rocks in hand-specimen; and to gather and interpret the structural field data which enables the determination of the structural style and deformational history presented in particular tectonic settings. The concepts and content presented in this unit are generally considered to be essential knowledge for geologists and geophysicists and provide a conceptual framework for their professional practice. Students wishing to specialise in the field and become professional geologists will normally need to expand upon the knowledge gained from this unit and either complete an honours project or progress to postgraduate coursework in this field.
or
Different pathways are available for this major.
See the Faculty of Science handbook at sydney.edu.au/handbooks/science

Government and International Relations

Junior (Level 1) units
Two level 1000 Government (GOVT) units
Level 2 and 3 units
At least 36 senior credit points of Level 2000 and Level 3000 GOVT units, including at least 6 credit points from Level 3000 units of units of study.
Note. Students may also complete a maximum of 12 credit points in cross-listed non-'GOVT' senior units of study as electives for this major. For details of all non-'GOVT' units of study that may be cross listed with this major, see the Faculty of Arts and Social Sciences website

Management

Level 1
One junior prerequisite unit of study (six credit points) from the Business School.
Level 2 and 3 units
WORK2201 Foundations of Management

Credit points: 6 Teacher/Coordinator: Dr David Oliver Session: Semester 1 Classes: 1x 2 hour lecture and 1x 1 hour tutorial hour per week Prerequisites: 24 credit points of junior units of study Prohibitions: WORK2001, IREL2001 Assessment: participation (10%), quiz (20%), essay (40%), and final quiz (30%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: This a compulsory unit of study for the Management major.
This unit serves both as a stand-alone unit for students who wish to obtain an overview of management methods and approaches and as the basis of study for advanced and specialised undergraduate units listed in the Management major. It examines management as a process of planning, organising, leading and controlling the efforts of organisational members and discusses how recent trends such as globalisation, economic change and the effects of new technology have led to profound changes in how organisations are managed. It explores these issues with respect to both large and small, public and private, and domestic and foreign organisations.
WORK2210 Strategic Management

Credit points: 6 Teacher/Coordinator: Associate Professor Leanne Cutcher Session: Semester 2 Classes: 1x 2 hour lecture and 1x 1hour tutorial hour per week Prerequisites: 40 credit points worth of units of study Prohibitions: WORK2010 Assessment: mid-term quiz (30%), tutorial group discussion (10%), tutorial group paper (20%), case study assignment (40%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: This is the compulsory unit of study for the Management major.
The aim of this unit is to critically examine the concept of strategy in the management of organisations. It examines different approaches to strategy and strategic management and traces the development of strategic management as an academic discipline. It takes students though the classical strategic management process as it is presented in most textbooks and it also introduces students to a range of current debates in strategic management. This unit can be taken as a stand alone introduction to strategy or as part of a broader program of study in management.
WORK2218 Managing Organisational Behaviour

Credit points: 6 Teacher/Coordinator: Dr Helena Nguyen Session: Semester 1 Classes: 1x 2 hour lecture and 1x 1 hour tutorial hour per week Prerequisites: 24 junior credit points Assessment: individual case study (30%), group presentation (15%), individual group work reflection (25%), and exam (30%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: This is the compulsory unit of study for the Management major.
This unit aims to give students the ability to understand how organisations operate. As an introductory organisational behaviour unit, it covers key debates across a range of social science disciplines including business, management, psychology, sociology, and communication studies. Key topics explored include power, control, networks, and organisational culture.
A minimum of three units from:
IBUS2102 Cross-Cultural Management

Credit points: 6 Teacher/Coordinator: Dr Amanda Budde-Sung Session: Semester 1,Semester 2 Classes: 1x 2hr lecture and 1 x 1hr workshop per week Prerequisites: 36 junior credit points Prohibitions: IBUS2002 Assessment: Participation (10%), mid-term assessment (30%), presentation (20%), in-class quizzes (10%), and final exam (30%) Mode of delivery: Normal (lecture/lab/tutorial) day
Critical to effective management in international and multi-cultural business environments is an understanding of cultural differences and how to manage such differences. The aim of this unit of study is to provide conceptual frameworks and evidence from practice that will develop an understanding of the ways in which cultures differ, how these differences can impact management, and how cultural issues can limit organisational effectiveness. Strategies for managing and harnessing cultural differences are also evaluated. The subject is explored from an internal perspective as well as from an external perspective, looking at issues within the company as well as issues between the multinational company and its host environment. Major topics include the significance of culture in international management; the meaning and dimensions of culture; comparative international management styles; managing communication across cultures; global business ethics; cross-cultural negotiations; cross-cultural leadership and motivation; culture and consumer behaviour; and cultural views of intellectual property around the world.
IBUS3107 Business Negotiations

Credit points: 6 Teacher/Coordinator: Professor Dan Lovallo Session: Semester 1 Classes: 1x 1.5hr lecture and 1x 1.5hr tutorial per week Prerequisites: 48 credit points Assessment: in-class exercises (25%), exam (25%), writing a ten page negotiator's handbook (25%), and written assignment (25%) Mode of delivery: Normal (lecture/lab/tutorial) day
Note: Department permission required for enrolment
Note: This unit will require student's participation in a number of negotiations. Preparation for these negotiations, which are a large part of your grade, will require time-pressured reading of material in class.
The purpose of this course is to help you understand the theory of negotiation as it is practiced in a variety of strategic settings. The aim is to help you feel more comfortable and confident with the negotiation process. The course is designed to be relevant to the broad spectrum of negotiation problems that are faced by managers but we use specific examples from international strategy such as M&A and joint ventures. The course will provide participants with an opportunity to develop skills experientially and to understand negotiation in useful analytic frameworks. Considerable emphasis will be placed on role-playing exercises and case studies. Note: this unit will require your participation in a number of negotiations. Preparation for these negotiations, which are a large part of your grade, will require time-pressured reading of material in class.
QBUS2350 Project Planning and Management

Credit points: 6 Session: Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Prerequisites: BUSS1020 or ECMT1010 or equivalent Prohibitions: CIVL3805, ECMT3640 Assessment: Team project (20%), homework (30%), and exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
Project management provides business organisations with a powerful set of tools that improve their ability to plan, implement, and manage activities to accomplish specific organisational objectives. But project management is more than just a set of tools; it is a results-oriented management style that places a premium on building collaborations among a diverse cast of characteristics. This unit introduces students to the planning and management of projects by focusing on a variety of practical topics including project network, PERT, resource scheduling, learning curves, cost and time management in projects, and the use of project management support systems. It also discusses the organisational, leadership, cultural, technological challenges that project managers might face.
WORK2209 Managing Organisational Change

This unit of study is not available in 2015

Credit points: 6 Session: Semester 2 Classes: 1x 2 hour lecture and 1x 1 hour tutorial hour per week Prerequisites: 40 credit points worth of units of study Prohibitions: WORK2009 Assessment: Seminar participation (10%), essay (40%) and exam (50%) Mode of delivery: Normal (lecture/lab/tutorial) day
The aim of this unit is to provide an understanding of the processes and structures that influence the way people behave in organisations, with an emphasis on organisational change. Managing change is a critical skill for managers to master and it has been recognised as an increasingly vital part of the toolkit managers need to perform their roles effectively. The unit takes students through the macro, micro and individual issues in the change process. Topics focus on theories and strategies in change management. Students will gain an insight into group dynamics, organisational power and politics and organisational culture as they relate to organisational change. At the end of the unit, students will have developed the ability to reason, debate and critically examine a range of topical organisational issues as they relate to the management of organisational change.
WORK2211 Human Resource Strategies

This unit of study is not available in 2015

Credit points: 6 Session: Semester 2 Classes: 1x 2 hour lecture and 1x 1 hour tutorial hour per week Prerequisites: 40 credit points of units of study including (WORK1003 or WORK1002) Prohibitions: WORK2011, IREL2011 Assessment: readiness assessments (30%), team strategy activities (20%), reflective journal assignment (30%), and final strategy assessment (20%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit examines the links between human resource management and strategic management in different kinds of organisations, both in Australia and overseas. It provides a critical and in-depth analysis of the human resource management theories, paying particular attention to the concepts of strategy, people management and organisational performance. The unit considers contemporary and controversial issues in human resource management, which may include downsizing, outsourcing, knowledge management, governance and social responsibility.
WORK2217 International Human Resource Management

Credit points: 6 Teacher/Coordinator: Dr Dimitria Groutsis Session: Semester 2 Classes: 1x 2 hour lecture and 1x 1 hour tutorial hour per week Prerequisites: 40 credit points worth of units of study including either (WORK1003 or WORK1001) OR (IBUS2101 or IBUS2001) Prohibitions: WORK2017 Assessment: tutorial participation (15%), tutorial facilitation (15%), short essay (15%), major assignment (35%), and exam (20%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit considers the opportunities and challenges associated with managing employees in international and cross-cultural contexts, with specific emphasis on international recruitment, selection, preparation, placement, management development, performance management, reward and remuneration in the international, multi-national and trans-national corporation. Within the context of global labour markets, the unit considers the implications of internationalisation and globalisation for human resource management (HRM), the difference between domestic and international HRM, and the challenges of cross-cultural management. This unit will provide students with a theoretical understanding of IHRM and cross-cultural management, as well as a practical understanding of the issues and challenges associated with managing employees in international, global and cross-cultural contexts.
WORK2219 Managing Organisational Sustainability

Credit points: 6 Teacher/Coordinator: Associate Professor Leanne Cutcher Session: Semester 2 Classes: 1x 2 hour lecture and 1x 1 hour tutorial hour per week Prerequisites: 40 credit points worth of units of study Assessment: individual reflection (15%), individual essay (25%), poster (25%), exam (25%), and tutorial attendance and participation (10%) Mode of delivery: Normal (lecture/lab/tutorial) day
Managing organisational sustainability is critical to for effective, contemporary managers. This unit focuses on how to conceptualise and to practice sustainability in its broadest sense. Topics covered include the ethical aspects of management and organisational practice, corporate social responsibility, governance models in organisations and managing in diverse environments. Students will be encouraged to enhance their understanding of the roles and responsibilities of management and the impact of organisations on stakeholders including staff, government and community.
WORK2221 Organisational Communication

Credit points: 6 Teacher/Coordinator: Dr Anya Johnson Session: Semester 1 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Prerequisites: 40 credit points worth of units of study Assessment: Tutorial attendance & Participation (10%), communication analysis report (30%), Team Case Analysis & Presentation (25%), and final exam (35%) Mode of delivery: Normal (lecture/lab/tutorial) day
Communication is integral to many organisational processes; for instance, effective planning, decision-making, negotiation, conflict management, change management and leadership all rely upon effective communication by organisational actors. At the same time, organisational communication has become more complex due to increasing levels of diversity in the workplace and an increasing reliance on emergent and rapidly changing communication technologies. Drawing on communication research models, theories and case studies, the unit will provide students with insight into how to manage the complexities of contemporary organisational communication. The unit will focus primarily on internal organisational communication and will examine communication processes at various levels: interpersonal (dyadic), group and organisation.
WORK2222 Leadership in Organisations

Credit points: 6 Teacher/Coordinator: Dr Eric Knight Session: Semester 2 Classes: 1x 2 hour lecture and 1x 1 hour tutorial hour per week Prerequisites: 40 credit points worth of units of study Assumed knowledge: WORK2201 or WORK2218 Assessment: Group Assessment (30%), Case Studies (30%) and final exam (40%) Mode of delivery: Normal (lecture/lab/tutorial) day
Leadership is increasingly seen to be a key factor affecting the performance of contemporary organisations and is an important area of study in the fields of management and organisational behaviour. While leadership principles are often associated with the work of senior management, they also have potential application to all members of organisations. This unit explores conventional and alternative perspectives on leadership and also examines the practice of leadership in diverse organisational contexts. Practitioner perspectives, experiences and case studies of business leaders are also presented. The unit builds on foundational units of study in Management, IR and HRM and International Business.
WORK2227 Regulation at Work

Credit points: 6 Session: Semester 2 Classes: 1x 2 hour lecture and 1x 1 hour tutorial hour per week Prerequisites: 24 credit points of junior units of study including WORK1003 Prohibitions: WORK2208, WORK2207 Assessment: Case study (30%), Seminar presentation (20%), Seminar participation (10%), Exam (40%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study examines the regulatory framework that exists around paid work in Australia. It examines the development of employee and employer rights and responsibilities through the employment contract and labour law. It focuses on both individual and collective regulation of work in Australia paying particular attention to the industrial sphere, as well as health and safety and discrimination. Both the aim and purpose of industrial regulation and the impact of this regulation on workplace relations is analysed.
WORK3922 Organisational Research Methods

Credit points: 6 Teacher/Coordinator: Dr Jane Lê Session: Semester 2 Classes: 1x 3 hour seminar per week Prerequisites: 40 credit points worth of units of study Prohibitions: IREL3902, WORK3902 Assessment: Research Question & Justification 1,500 words (25%) Interview Design & Conduct (15%) Questionnaire Design & Conduct (15%) Methods Section 3,000 words (35%) Participation (10%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit is assessed using a research portfolio which may include some of the following elements: theoretical framing, formulating a research question, interview exercise, questionnaire development, writing a methods section, and presenting findings. Participation is a critical part of the course and also assessed.
See the Business School handbook at sydney.edu.au/handbooks/business_school

Marketing

Junior (Level 1) units
MKTG1001 Marketing Principles

Credit points: 6 Teacher/Coordinator: Dr Jeaney Yip Session: Semester 1,Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Prohibitions: MKTG2001 Assessment: group assignment (17%), mid-semester exam (25%), group presentation (21%), tutorial participation (5%), research component (2%), and final exam (30%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit examines the relationships among marketing organisations and final consumers in terms of production-distribution channels or value chains. It focuses on consumer responses to various marketing decisions (product mixes, price levels, distribution channels, promotions, etc.) made by private and public organisations to create, develop, defend, and sometimes eliminate, product markets. Emphasis is placed on identifying new ways of satisfying the needs and wants, and creating value for consumers. While this unit is heavily based on theory, practical application of the concepts to "real world" situations is also essential. Specific topics of study include: market segmentation strategies; market planning; product decisions; new product development; branding strategies; channels of distribution; promotion and advertising; pricing strategies; and customer database management.
Level 2 and 3 units
MKTG2112 Consumer Behaviour

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Prerequisites: MKTG1001 (or MKTG2001) Prohibitions: MKTG2002 Assessment: ongoing work portfolio (15%), class participation (15%), project interview transcripts (individual component) (15%), final project group presentation (10%), final project group report (20%), and midterm exam (25%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit examines the psychological, social, and cultural aspects of consumer behaviour on the marketing decisions of public and private organisations. Concepts and principles are drawn from disciplines such as cognitive psychology, social psychology, sociology, anthropology, and demography to discover and understand various aspects of consumer behaviour. Specific topics of study include: cultural, demographic and psychographic influences; reference group influences; household decision processes and consumption behaviour; consumer perception and learning; motivation, personality and emotion; consumer attitudes; and purchase decision processes.
MKTG2113 Marketing Research

Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Prerequisites: MKTG1001 Prohibitions: MKTG1002 Assessment: group project (planning and executing market research (18%) and analysing quantitative data (18%)), tutorial participation (10%), research participation (6%), and exams (mid-semester (20%) and final (28%)) Mode of delivery: Normal (lecture/lab/tutorial) day
Fundamental to marketing is a requirement to understand who your customers are and what they want. Marketing research is the essential activity of discovering information and presenting it in a useful format to marketing decision makers. This unit introduces the skills and knowledge necessary to allow students to accurately formulate research questions and then discover answers ensuring that these are accurate, reliable and timely. Particular focus is given to different approaches to and aspects of data collection, including: qualitative research; secondary data collection; questionnaire design; sampling; experimental design; validity and basic data analysis.
MKTG3118 Marketing Strategy and Planning

Credit points: 6 Session: Semester 2 Classes: 1x 2hr lecture and 1x 1hr tutorial per week Prerequisites: MKTG1001 (or MKTG2001), MKTG2112 (or MKTG2002), and (MKTG2113 or MKTG1002 or MKTG2003) Prohibitions: MKTG3201 Assessment: consultant group presentation (20%), rationale for strategies - consultant group (10%), reflective journal entries (18%), participation (10%), final exam (40%), and research component (2%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit will focus on strategic and managerial aspects of marketing. It will cover the development of innovative, business models; segmentation, positioning and lifecycle strategies; and key aspects of managing and organising marketing activities, and measuring performance. The central theme is how marketing strategy and its management can create superior and sustainable value for both customers and shareholders. Assessment will reflect the Unit's strategic decision-making approach, requiring students to take on the roles of marketing advisors and managers.
Plus three other MKTG2000 or 3000 units
See the Business School handbook at sydney.edu.au/handbooks/business_school

Psychology

Note: A Psychology major requires the completion of 60 credit points of PSYC units
Junior (Level 1) units
PSYC1001 Psychology 1001

Credit points: 6 Teacher/Coordinator: Dr Caleb Owens Session: Semester 1,Summer Main Classes: Three 1 hour lectures and one 1 hour tutorial per week, plus 1 hour per week of additional web-based (self-paced) material related to the tutorial. Assessment: One 2.5hr exam, one 1000w essay, multiple tutorial tests, experimental participation (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
Psychology 1001 is a general introduction to the main topics and methods of psychology, and is the basis for advanced work as well as being of use to those not proceeding with the subject. Psychology 1001 covers the following areas: science and statistics in psychology; behavioural neuroscience; applied psychology; social psychology; personality theory; human development.
This unit is also offered in the Sydney Summer School. For more information consult the website:
http://sydney.edu.au/summer_school/
Textbooks
Course Coordinator will advise
PSYC1002 Psychology 1002

Credit points: 6 Teacher/Coordinator: Dr Caleb Owens Session: Semester 2,Summer Main Classes: Three 1 hour lectures and one 1 hour tutorial per week, plus 1 hour per week of additional web-based (self-paced) material related to the tutorial. Assessment: One 2.5 hour exam, one 1250 word research report, multiple tutorial tests, experimental participation (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
Psychology 1002 is a further general introduction to the main topics and methods of psychology, and it is the basis for advanced work as well as being of use to those not proceeding with the subject. Psychology 1002 covers the following areas: human mental abilities; learning, motivation and emotion; visual perception; cognitive processes; abnormal psychology.
This unit is also offered in the Sydney Summer School. For more information consult the web site:
http://sydney.edu.au/summer_school/
Textbooks
Course Coordinator will advise
Level 2 and 3 units
PSYC2011 Brain and Behaviour

Credit points: 6 Teacher/Coordinator: Dr Ian Johnston Session: Semester 1 Classes: Three 1 hour lectures and one 1 hour tutorial per week. Prerequisites: PSYC1001 and PSYC1002. Prohibitions: PSYC2911, PSYC2111 Assessment: One 2 hour exam, major assignment (1500-2000 word essay/report), minor assignment (short written practical exercise and/ or tutorial quizzes (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
This Unit of Study examines a range of phenomena and principles in behaviour, learning and perception, and their relations to underlying neural substrates. The emphasis in learning is on instrumental conditioning and the principle of reinforcement, ranging from applications of this principle to its neural substrates. Also covered are motivational aspects of behaviour, such as punishment and avoidance, anxiety and depression, addiction, sex and appetite, together with related neurochemical mechanisms and the effects of various psychopharmacological agents on these processes. A number of perceptual phenomena will be studied, such as motion detection, recognition of faces, identification of emotion, hearing and hearing loss, taste discrimination, and chronic pain. The practical classes are designed for students with an interest in clinical and therapeutic Psychology, and will allow students to design and implement a behaviour modification programme.
PSYC2012 Statistics & Research Methods for Psych

Credit points: 6 Teacher/Coordinator: Dr Ben Colagiuri Session: Semester 1 Classes: Two 1 hour lectures and one 1 hour tutorial per week, plus one 1 hour lecture and one 1 hour tutorial per fortnight. Prerequisites: PSYC1001 and PSYC1002 Prohibitions: PSYC2112 Assumed knowledge: Recommended: HSC Mathematics, any level Assessment: One 2 hour final exam, class tests, one 1500 word written assignment, one 45 minute mid-semester exam (100%). Mode of delivery: Normal (lecture/lab/tutorial) day
The aim is to introduce students to fundamental concepts in statistics as applied to psychological research. These include summary descriptive statistics, an introduction to the principles and practice of research design, and the use of inferential statistics. Building upon this framework, the unit of study aims to develop each student's expertise in understanding the rationale for, and application of, a variety of statistical tests to the sorts of data typically obtained in psychological research.
PSYC2013 Cognitive and Social Psychology

Credit points: 6 Teacher/Coordinator: A/Prof Fiona White Session: Semester 2 Classes: Three 1 hour lectures and one 1 hour tutorial per week. Prerequisites: PSYC1001 and PSYC1002. Prohibitions: PSYC2113 Assessment: One 2 hour exam, major assignment (1500-2000 word essay/report), minor assignment (short written practical exercise and/or tutorial quiz) (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit expands the depth and range of topics introduced in the first year lectures on Cognitive Processes, Developmental Psychology and Social Psychology. The section on Cognitive Processes focuses on current theories of memory, attention, problem solving and decision making and discusses the methods and issues involved in investigating these processes in both healthy individuals and people with cognitive disorders. The section on Developmental Psychology discusses early social and cognitive development. The section on Social Psychology examines salient topics in social psychology, such as impression management, social cognition, and prejudice.
PSYC2014 Personality and Intelligence 1

Credit points: 6 Teacher/Coordinator: Dr Niko Tiliopoulos Session: Semester 2 Classes: Three 1 hour lectures and one 1 hour tutorial per week. Prerequisites: PSYC1001 and PSYC1002 Prohibitions: PSYC2114 Assessment: One 2 hour exam, major assignment (1500-2000 word essay/report), minor assignment (short written practical exercise and/or tutorial quizzes (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
The main aim of this course is to introduce students to a number of influential theories in personality and intelligence. Students will be exposed to some conceptual analysis and will be expected to gain an understanding and be able to examine critically the various theories covered. Furthermore, students will be introduced to key topics in the scientific study and assessment of individual differences (Psychometrics) in personality and intelligence. The course will cover both conceptual (e.g. validity and reliability) and applied (e.g. Factor Analysis) elements of statistical psychometric inference.
PSYC3018 Abnormal Psychology

Credit points: 6 Teacher/Coordinator: Dr Ilona Juraskova Session: Semester 1 Classes: Two 1 hour lectures and one 2 hour tutorial per week. Prerequisites: At least two intermediate Psychology units of study from PSYC2011, PSYC2911, PSYC2111, PSYC2012, PSYC2112, PSYC2013, PSYC2113, PSYC2014 and PSYC2114 Prohibitions: PSYC3203 Assumed knowledge: (PSYC2012 or PSYC2112) and (PSYC2014 or PSYC2114) Assessment: One 2 hour exam, one 2000 or 2500 word essay, quiz, participation and tutorial presentation (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study critically examines core issues in Abnormal Psychology, concerning the description, explanation and treatment of psychological disorders. The unit of study will include topics such as:
(a) Adult abnormal psychology: Anxiety disorders (specific phobias, panic disorder, generalised anxiety disorder, OCD); Addictive disorders (drug, alcohol, gambling); Eating disorders (anorexia nervosa, bulimia nervosa); Mood disorders (dysthymia, major depressive disorder, cyclothymia, bipolar disorder); Schizophrenia, Personality disorders.
(b) Child abnormal psychology: Attention Deficit Hyperactivity disorder; Conduct disorder; Anxiety disorders, Depression.
Textbooks
Rieger, E. (Ed.) (2008) Abnormal Psychology: Leading researcher perspectives. Sydney: McGraw-Hill Education. (2nd Ed).
At least three Senior units of study, which must include:
PSYC3015 Personality and Intelligence 2

Credit points: 6 Teacher/Coordinator: Dr Carolyn MacCann Session: Semester 1 Classes: Two 1 hour lectures and one 2 hour tutorial per week. Prerequisites: (PSYC2014 or PSYC2114) and (PSYC2011 or PSYC2911 or PSYC2111 or PSYC2012 or PSYC2112 or PSYC2013 or PSYC2113) Assumed knowledge: (PSYC2012 or PSYC2112); (PSYC2013 or PSYC2113) Assessment: One 2 hour exam; one major written assignment (1500 words), one minor written assignment (750 words), and tutorial activities (in-class quizzes and/or presentations) (100%). Mode of delivery: Normal (lecture/lab/tutorial) day
The aim of this unit of study is to provide an overview of the different areas of research and practice in personality, intelligence, and individual differences. Students will be exposed to a wide variety of different theoretical models of personality, intelligence, and metacognition and encouraged to critically evaluate these theories based on the supporting research evidence. The methods of conducting and evaluating individual differences research will also be a focus of the course. Students will be encouraged to take multiple perspectives, evaluating theories of personality and intelligence in terms of their empirical and theoretical support as well as their potential applications.
PSYC3016 Developmental Psychology

Credit points: 6 Teacher/Coordinator: Dr Micah Goldwater Session: Semester 2 Classes: Two 1 hour lectures and one 2 hour tutorial per week. Prerequisites: PSYC2013 or PSYC2113 and at least one other Intermediate Psychology unit from PSYC2011, PSYC2911, PSYC2111, PSYC2012, PSYC2112, PSYC2014 and PSYC2114. Prohibitions: PSYC3206 Assessment: One 2 hour exam, two short (600 & 750 words) essays, one extended (1200 word) essay (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit examines our understanding of human psychological development, focusing on selected issues and empirical traditions within the discipline of Developmental Psychology. Students are expected to gain an understanding of the theoretical influences that have come to dominate developmental research, and students will also be introduced to a range of theoretical and research approaches in contemporary Developmental Science. These include: attachment, gender role and identity, conceptual development, children's thinking, social cognition, moral reasoning and behaviour, self-understanding and self-worth, and the role of genetic and environmental influences on development. The course will also consider applications of developmental research and theory in developmental psychopathology and in educational contexts, as well as exploring children's experience of art, literature and drama. Students are expected to gain knowledge of, and develop a critical approach to, the analysis of current research and theoretical issues in these areas.
PSYC3017 Social Psychology

Credit points: 6 Teacher/Coordinator: Dr Ilan Dar-Nimrod Session: Semester 1 Classes: Two 1 hour lectures and one 2 hour tutorial per week. Prerequisites: PSYC2013 or PSYC2113 and at least one other Intermediate Psychology Unit of Study from PSYC2011, PSYC2911, PSYC2111, PSYC2012, PSYC2112, PSYC2014 and PSYC2114. Prohibitions: PSYC3212 Assumed knowledge: PSYC2012 or PSYC2112. Assessment: One 2 hour exam, one 2500 word research report, and tutorial presentation (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit continues the coverage of topics in Social Psychology begun in PSYC1001 and PSYC2013. The unit is divided into topic areas, where the emphasis is on evaluating theories and the relevant evidence. Topics areas include: antisocial behaviours, discrimination, the self, emotion, ostracism, and interpersonal attraction. Tutorials provide first-hand experience of research by involving students in a small group research project based on topics covered in the lectures. The tutorials also provide an opportunity to discuss issues pertaining to each step of the research process (e.g., ethical issues that underlie social psychological research, proper practice when collecting and handling data, how to communicate research findings in written and verbal form).
PSYC3020 Applications of Psychological Science

Credit points: 6 Teacher/Coordinator: Dr Catalina Lawsin Session: Semester 2 Classes: Two 1 hour lectures and one 2 hour tutorial per week Prerequisites: 12 credit points of junior psychology and 12 credit points in Intermediate Psychology Prohibitions: PSYC3019 Assessment: One 2 hour examination (50%), one 2500 word written assignment (30%), class quizzes (20%) Mode of delivery: Normal (lecture/lab/tutorial) day
The aim of this unit is to introduce students to various ways in which psychological theory and research can be applied in the real world. In particular, this unit will focus on Health Psychology, Forensic Psychology, and Organisational Psychology. The Health Psychology component of this course may include investigation into why we engage in risky health behaviours including smoking, overeating and alcohol use; inequalities in health including Aboriginal and Torres Strait Island health; dealing with chronic illness including death & dying, and survivorship. The Forensic Psychology component of the course may include investigation into lie detection, criminal offenders, victims of crime, and eyewitness memory. The Organisational Psychology component of the course may focus on personnel selection, training in organisations, performance measurement, workplace motivation, and leadership.
and at least one of:
PSYC3011 Learning and Behaviour

Credit points: 6 Teacher/Coordinator: Dr Evan Livesey Session: Semester 1 Classes: Two 1 hour lectures and one 2 hour tutorial per week. Prerequisites: (PSYC2011 or PSYC2911 or PSYC2111) and at least one other Intermediate Psychology Unit from PSYC2012, PSYC2112, PSYC2013, PSYC2113, PSYC2014 or PSYC2114. Prohibitions: PSYC3209 Assumed knowledge: PSYC2012 or PSYC2112 Assessment: One 2 hour exam, one 2000 word prac report, tutorial quizzes (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit addresses the fundamental concepts and more important research findings related to contemporary theories of associative learning in animals and humans. It examines the application of such fundamental research to issues such as drug use and food choice. It is designed to foster skills in reading primary sources in this area, and provide the opportunity for hands-on experience in carrying out a research project.
Textbooks
Bouton, M. E. (2007). Learning and Behavior: A contemporary synthesis. Sunderland, MA: Sinauer.
PSYC3012 Cognition, Language and Thought

Credit points: 6 Teacher/Coordinator: Prof Sally Andrews Session: Semester 1 Classes: Two 1 hour lectures and one 2 hour practical per week. Prerequisites: (PSYC2013 or PSYC2113) and at least one other Intermediate Psychology unit from PSYC2011, PSYC2911, PSYC2111, PSYC2012, PSYC2112, PSYC2014 or PSYC2114. Prohibitions: PSYC3205 Assumed knowledge: PSYC2012 or PSYC2112 Assessment: One 2 hour exam, 2000 word prac report, practical exercise(s) (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit extends the theories and methods of investigating memory and attentional processes discussed in PSYC2013 to consider a number of domains of higher cognitive processing. One strand of the course will focus on the cognitive processes involved in speech perception, language comprehension, language production, and reading. The remainder of the course will deal with the cognitive processes involved in reasoning and skill acquisition. The practical program will expose students to a variety of the research methods used to investigate higher cognitive processes, develop their understanding of how these methods can be used to investigate hypotheses about mental processes and consider applications of cognitive research to real-world problems and issues.
PSYC3013 Perceptual Systems

Credit points: 6 Teacher/Coordinator: Prof David Alais Session: Semester 2 Classes: Two 1-hour lectures and one 2-hour tutorial per week. Prerequisites: (PSYC2011 or PSYC2911 or PSYC2111) and at least one other Intermediate Psychology Unit from PSYC2012, PSYC2112, PSYC2013, PSYC2113, PSYC2014, PSYC2114 or ANAT2010 Prohibitions: PSYC3210 Assumed knowledge: PSYC2012 Assessment: One 2-hour exam, one 2000 word report, tutorial quiz, group presentation (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
Perception poses many challenges: how do we see colour and movement? How do we perceive surfaces and materials? How does combining information from multiple senses improve our perception? This unit draws on behavioural and neurophysiological perspectives to deepen understanding of current research topics in perception. The emphasis is on how visual information is processed to accomplish functions such as perceiving a single edge, extracting the contours that form a face, or the spatial relations needed to call offside on the sports field. Students also gain conceptual tools for evaluating the empirical and theoretical worth of recent research in perception. During the tutorial component of the course students will develop a practical experiment in which they formulate and test a hypothesis. In this way students gain important research experience that gives them valuable insight into the scientific process as it exists both in professional work and in the empirical research project required for the Honours degree.
Textbooks
Sensation & Perception, Third Edition
PSYC3014 Behavioural and Cognitive Neuroscience

Credit points: 6 Teacher/Coordinator: Dr Laura Corbit Session: Semester 2 Classes: Two 1 hour lectures and one 2 hour practical per week. Prerequisites: Either ((PSYC2011 or PSYC2911 or PSYC2111) and at least one other Intermediate Psychology Unit from (PSYC2012 or PSYC2112), (PSYC2013 or PSYC2113), (PSYC2014 or PSYC2114)) OR ((PSYC2011 or PSYC2911 or PSYC2111 or PSYC2013) and ANAT2010 and PCOL2011) Prohibitions: PSYC3215, PSYC3204, PSYC3914 Assumed knowledge: PSYC2113 or PSYC2013 Assessment: One 2 hour exam, one major essay/report 2000-2500 words, tutorial quiz and participation (100%) Mode of delivery: Normal (lecture/lab/tutorial) day
This unit of study will focus on approaches to studying neurosciences incorporating molecular, pre-clinical and clinical models of brain function. These biological models of brain function will be linked with behavioural, affective and cognitive function and dysfunction. The implications of focal cognitive deficits in neurological patients for models of normal cognitive function will also be explored. Specific topics to be covered will be selected from the following areas: sensorimotor integration, and the neural and molecular basis of learning and memory, attention, language, visual cognition and praxis. In addition to lectures, a practical component will cover basic neuroanatomy, histology and neuropharmacology, and will introduce students to experimental and case-study approaches to studying neurosciences.
See the Faculty of Science handbook at sydney.edu.au/handbooks/science