University of Sydney Handbooks - 2013 Archive

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This subject area is offered by the School of Economics (Faculty of Arts and Social Sciences)

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

Economics at Sydney is a significant and influential grouping within the discipline in Australia. It is an important centre of policy analysis and review and one of the most important training grounds for economists within the region.

Please note: All units of study from the Economics subject area (ECON/ECOS) completed will count towards the non-Business School unit allowance for Business School degrees. The number of units students can complete from another faculty (non-Business School) are restricted (refer to individual degree rules for details). Students enrolled in the combined Commerce and Law program cannot complete any units from outside of the Business School as electives for this major.

Requirements for a major in Economics

Note. These requirements are for students enrolled in the Bachelor of Commerce and related combined degrees and the Bachelor of Commerce (Liberal Studies).

For the award of a major in Economics, students complete:

(i) four junior prerequisite units of study (24 credit points), as follows:

  • BUSS1020 Quantitative Business Analysis (OR ECMT1010 Business and Economic Statistics A) +
  • ECMT1020 Business and Economic Statistics B
  • ECON1001 Introductory Microeconomics; OR BUSS1040 Economics for Business Decision Making +
  • ECON1002 Introductory Macroeconomics.

+ The core unit BUSS1020 substitutes for ECMT1010 and the core unit BUSS1040 may substitute for ECON1001 for students in the Bachelor of Commerce and related combined degrees.

(ii) two compulsory units of study (12 credit points), as follows:

  • ECOS2001 Intermediate Microeconomics; OR ECOS2901 Intermediate Microeconomics Honours
  • ECOS2002 Intermediate Macroeconomics; OR ECOS2902 Intermediate Macroeconomics Honours.

(iii) a minimum of four senior elective units of study (24 credit points), with a least three at 3000-level (18 credit points), selected from the following options:

  • ECOS2201 Economics of Competition and Strategy
  • ECOS2306 Managerial Firms: Evolution and Attributes *
  • ECOS2903 Mathematical Economics A
  • ECOS3002 Development Economics
  • ECOS3003 Hierarchies, Incentives and Firm Structure
  • ECOS3004 History of Economic Thought
  • ECOS3005 Industrial Organisation
  • ECOS3006 International Trade
  • ECOS3007 International Macroeconomics
  • ECOS3008 Labour Economics
  • ECOS3010 Monetary Economics
  • ECOS3011 Public Finance
  • ECOS3012 Strategic Behaviour
  • ECOS3015 Law and Economics
  • ECOS3016 Experimental and Behavioural Economics
  • ECOS3017 Health Economics
  • ECOS3018 Economics of Growth
  • ECOS3019 Capital and Dynamics
  • ECOS3020 Special Topic in Economics
  • ECOS3021 Business Cycles and Asset Markets
  • ECOS3022 The Economics of Financial Markets
  • ECOS3023 Personnel Economics
  • ECOS3901 Advanced Microeconomics Honours
  • ECOS3902 Advanced Macroeconomics Honours
  • ECOS3903 Applied Microeconomics Honours
  • ECOS3904 Applied Macroeconomics Honours.

* Not offered for 2013.

Please check the Units of study for details of the unit prerequisites, corequisites and other requirements.