University of Sydney Handbooks - 2014 Archive

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Table of undergraduate units of study: Faculty of Arts and Social Sciences

School of Economics subject areas

Students should refer to the Faculty of Arts and Social Sciences website sydney.edu.au/arts or to the University of Sydney's unit of study handbook (ssa.usyd.edu.au/ssa/handbook/uossearch.jsp) for the latest information regarding unit of study descriptions, assessment or other requirements. The Faculty of Arts and Social Sciences website contains the timetabling information for units offered in 2014 (sydney.edu.au/arts/current_students/undergraduate/timetables.shtml).

Economics

Unit of study Credit points A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition Session
For the award of a major in Economics, students complete:
(i) 24 credit points of junior units of study: BUSS1020* (or ECMT1010), ECMT1020, BUSS1040* (or ECON1001) and ECON1002;
(ii) 12 credit points in compulsory senior units of study: ECOS2001 or ECOS2901 AND ECOS2002 or ECOS2902; and
(iii) 24 credit points in senior elective units of study (with a minimum of 18 credit points at 3000 level).
* For students enrolled in the Bachelor of Commerce and related combined degrees, BUSS1020 and BUSS1040 are core units for the degree. BUSS1020 should always be completed rather than the ECMT and ECON alternatives.

Junior units of study

Compulsory units of study for the major
BUSS1020
Quantitative Business Analysis
6    N ECMT1010, ECOF1010, MATH1005, MATH1905, MATH1015, STAT1021, ENVX1001


This unit of study is a compulsory part of the Bachelor of Commerce, combined Bachelor of Commerce degrees.
Semester 1
Semester 2
ECMT1010
Business and Economic Statistics A
6    N ECMT1011, ECMT1012, ECMT1013, MATH1015, MATH1005, MATH1905, STAT1021, ECOF1010, BUSS1020, ENVX1001
Semester 1
Semester 2
Summer Main
ECMT1020
Business and Economic Statistics B
6    P ECMT1010 or ECOF1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015
N ECMT1001, ECMT1002, ECMT1003, ECMT1021, ECMT1022, ECMT1023


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.
Semester 1
Semester 2
Summer Main
BUSS1040
Economics for Business Decision Making
6    N ECOF1005


This unit of study is a compulsory part of the Bachelor of Commerce and combined Bachelor of Commerce degrees.
Semester 1
Semester 2
ECON1001
Introductory Microeconomics
6      Semester 1
Semester 2
Summer Main
ECON1002
Introductory Macroeconomics
6      Semester 1
Semester 2
Summer Main
Elective units of study
ECON1003
Quantitative Methods in Economics
6      Semester 1
ECON1005
The Australian Economy
6      Semester 2

Senior units of study

Compulsory units for the major
ECOS2001
Intermediate Microeconomics
6    P ECON1001 or BUSS1040
C ECMT1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015
N ECON2001, ECOS2901, ECON2901


Certain combinations of Maths/Stats may substitute for Econometrics. Consult the School of Economics Undergraduate Coordinator.
Semester 1
Semester 2
Summer Main
ECOS2901
Intermediate Microeconomics Honours
6    P (ECON1001 or BUSS1040) and ECON1002 with a Credit average or better in the two units of study combined
C ECOS2903 or MATH2070 and (ECMT1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015)
N ECON2901, ECOS2001, ECON2001

Note: Department permission required for enrolment

Semester 1
ECOS2002
Intermediate Macroeconomics
6    P ECON1002
C ECMT1020
N ECON2002, ECOS2902, ECON2902


Certain combinations of Maths/Stats may substitute for Econometrics. Consult the School of Economics Undergraduate Coordinator.
Semester 1
Semester 2
Summer Main
ECOS2902
Intermediate Macroeconomics Honours
6    P (ECON1001 or BUSS1040) and ECON1002 with a Credit average or better in the two units of study combined
C ECMT1020
N ECON2902, ECOS2002, ECON2002

Note: Department permission required for enrolment

Semester 2
Elective units for the major
ECOS2201
Economics of Competition and Strategy
6    P ECON1001 or BUSS1040
N ECON2201, ECOS3005
Semester 1
ECOS2903
Mathematical Economics A
6    C ECOS2901
N ECON2903

Note: Department permission required for enrolment
Students intending to proceed to the third year economics honours program must take this unit or MATH2070
Semester 1
ECOS3002
Development Economics
6    P One of (ECOS2001 or ECON2001) or (ECOS2002 or ECON2002) or (ECOS2901 or ECON2901) or (ECOS2902 or ECON2902)
N ECON3002
Semester 1
ECOS3003
Hierarchies, Incentives & Firm Structure
6    P (ECOS2001 or ECON2001) or (ECOS2901 or ECON2901)
N ECON3003, ECOS2306
Semester 1
ECOS3004
History of Economic Thought
6    P 1 of (ECOS2001 or ECON2001) or (ECOS2901 or ECON2901) or (ECOS2002 or ECON2002) or (ECOS2902 or ECON2902) or (ECOP2011 or ECOP2001) or (ECOP2012 or ECOP2002)
N ECON3004
Semester 2
ECOS3005
Industrial Organisation
6    P ECOS2001 or ECON2001 or ECOS2901 or ECON2901
N ECON3005, ECOS2201
Semester 2
ECOS3006
International Trade
6    P (ECOS2001 or ECON2001) or (ECOS2901 or ECON2901)
N ECON3006
Semester 1
ECOS3007
International Macroeconomics
6    P ECOS2002 or ECON2002 or ECOS2902 or ECON2902
N ECON3007
Semester 1
Summer Main
ECOS3008
Labour Economics
6    P One of (ECOS2001 or ECON2001 or ECOS2901 or ECON2901 or ECOP2011 or ECOP2001) and one of (ECOS2002 or ECON2002 or ECOS2902 or ECON2902 or ECOP2012 or ECOP2002)
N ECON3008
Semester 1
ECOS3010
Monetary Economics
6    P ECOS2001 or ECON2001 or ECOS2901 or ECON2901 or ECOS2002 or ECON2002 or ECOS2902 or ECON2902
N ECON3010
Semester 1
ECOS3011
Public Finance
6    P Either (ECOS2001 or ECON2001) or (ECOS2901 or ECON2901)
N ECON3011
Semester 2
ECOS3012
Strategic Behaviour
6    P ECOS2001 or ECON2001 or ECOS2901 or ECON2901
N ECON3012, ECOS3901
Semester 1
ECOS3015
Law and Economics
6    P Either (ECOS2001 or ECON2001) OR (ECOS2901 or ECON2901)
N ECON3015
Semester 1
ECOS3016
Experimental and Behavioural Economics
6    P (ECOS2001 or ECON2001) OR (ECOS2901 or ECON2901)
Semester 2
ECOS3017
Health Economics
6    P ECOS2001 or ECON2001 or ECOS2901 or ECON2901
Semester 1
ECOS3018
Economics of Growth

This unit of study is not available in2014

6    P (ECOS2001 or ECON2001) or (ECOS2901 or ECON2901) AND (ECOS2002 or ECON2002) or (ECOS2902 or ECON2902)
N ECOS3001
Semester 2
ECOS3019
Capital and Dynamics
6    P (ECOS2001 or ECON2001 or ECOS2901 or ECON2901) and (ECOS2002 or ECON2002 or ECOS2902 or ECON2902)
N ECOS3001
Semester 1
ECOS3020
Special Topic in Economics
6    P (ECOS2001 or ECON2001) and (ECOS2002 or ECON2002) OR (ECOS2901 or ECON2901) and (ECOS2902 or ECON2902)

Note: Department permission required for enrolment
Students must seek written permission from the School of Economics Undergraduate Coordinator to enrol in this unit.
Semester 1
Semester 2
ECOS3021
Business Cycles and Asset Markets
6    P ECOS2002 or ECON2002 or ECOS2902 or ECON2902
Semester 2
ECOS3022
The Economics of Financial Markets
6    P (ECOS2001 or ECON2001 or ECOS2901 or ECON2901) and (ECOS2002 or ECON2002 or ECOS2902 or ECON2902)
Semester 1
ECOS3023
Personnel Economics
6    P ECOS2001 or ECOS2901
Semester 2
ECOS3901
Advanced Microeconomics Honours
6    P (ECOS2901 or ECON2901) and (ECOS2902 or ECON2902) and (ECOS2903 or ECON2903 or MATH2070) with a 70% average or better over the three units combined
C ECMT2110 or ECMT2010
N ECON3901, ECOS3012

Note: Department permission required for enrolment
Students intending to proceed to fourth year economics honours must also complete at least one unit of study from (ECOS3001 or ECON3001) to (ECOS3023) inclusive, in either semester of their third year
Semester 1
ECOS3902
Advanced Macroeconomics Honours
6    P (ECOS2901 or ECON2901), (ECOS2902 or ECON2902), (ECOS2903 or ECON2903 or MATH2070) and (ECOS3901 or ECON3901)
C ECOS3903 or (ECMT3110 and (ECMT2120 or ECMT3120 or ECMT3130 or ECMT3160 or ECMT3170))
N ECON3902

Note: Department permission required for enrolment
Students intending to proceed to fourth year economics honours must also complete at least one unit of study from (ECOS3001 or ECON3001) to (ECOS3023) inclusive, in either semester of their third year
Semester 2
ECOS3903
Applied Microeconomics Honours
6    P (ECOS2901 or ECON2901) and (ECOS2902 or ECON2902), and (ECOS2903 or ECON2903) and (ECMT2110 or ECMT2150)

Note: Department permission required for enrolment
Students intending to proceed to fourth year economics honours must take this unit or (ECMT3110 plus one of ECMT2120, ECMT3120, ECMT3130, ECMT3160 or ECMT3170).
Semester 1
ECOS3904
Applied Macroeconomics Honours
6    P ECOS2901 and ECOS2902 and ECON2903 and (ECMT2160 or ECMT2110)

Note: Department permission required for enrolment

Semester 2

Honours units of study

ECON4101
Economics Honours A
12    P The prerequisite for entry to Economics Honours is at least 24 credit points at 3000 level Economics, including Advanced Microeconomics Honours: (ECOS3901 or ECON3901), Advanced Macroeconomics Honours: (ECOS3902 or ECON3902) and Applied Microeconomics Honours (ECOS3903) with a 70% or better in ECOS3901, ECOS3902 and ECOS3903; and Regression Modelling (ECMT2110 or ECMT2010) and Mathematical Economics A (ECOS2903 or ECON2903).

Note: Department permission required for enrolment
Requirements for the Pass degree must be completed before entry to 4000 level honours units of study.
Semester 1
Semester 2
ECON4102
Economics Honours B
12    C ECON4101
Semester 1
Semester 2
ECON4103
Economics Honours C
12    C ECON4102
Semester 1
Semester 2
ECON4104
Economics Honours D
12    C ECON4103
Semester 1
Semester 2