Economics (Degree)

Unit of study Credit points A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition Session
As part of the Bachelor of Economics and Bachelor of Economics/Bachelor of Advanced Studies, candidates must complete a program in Economics.

Economics Program

A program in Economics requires 72 credit from this table including:
(i) 24 credit points of 1000-level core units
(ii) 18 credit points of 2000-level core units
(iii) an embedded major in at least one of Agricultural and Resource Economics, Econometrics, Economics or Financial Economics

1000 level units of study

Core

ECON1001
Introductory Microeconomics
6    A Students enrolled in this unit have an assumed knowledge equal to or exceeding 70 or higher in HSC Mathematics (or equivalent), or 35 or higher in HSC Mathematics Extension 1 (or equivalent), or 35 or higher in HSC Mathematics Extension 2 (or equivalent).
N BUSS1040 or ECON1040
Intensive January
Semester 1
Semester 2
ECON1002
Introductory Macroeconomics
6    A Students enrolled in this unit have an assumed knowledge equal to or exceeding 70 or higher in HSC Mathematics (or equivalent), or 35 or higher in HSC Mathematics Extension 1 (or equivalent), or 35 or higher in HSC Mathematics Extension 2 (or equivalent).

Note: Department permission required for enrolment

Intensive February
Intensive June
Semester 1
Semester 2
ECMT1010
Introduction to Economic Statistics
6    A Students enrolled in this unit have an assumed knowledge equal to or exceeding 70 or higher in HSC Mathematics (or equivalent), or 35 or higher in HSC Mathematics Extension 1 (or equivalent), or 35 or higher in HSC Mathematics Extension 2 (or equivalent).
N ECMT1011 or ECMT1012 or ECMT1013 or MATH1015 or MATH1005 or MATH1905 or STAT1021 or ECOF1010 or BUSS1020 or ENVX1001 or DATA1001
Semester 1
Semester 2
ECMT1020
Introduction to Econometrics
6    A Students enrolled in this unit have an assumed knowledge equal to or exceeding 70 or higher in HSC Mathematics (or equivalent), or 35 or higher in HSC Mathematics Extension 1 (or equivalent), or 35 or higher in HSC Mathematics Extension 2 (or equivalent).
P ECMT1010 or ECOF1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015 or DATA1001 or DATA1901
N ECMT1001 or ECMT1002 or ECMT1003 or ECMT1021 or ECMT1022 or ECMT1023


Other than in exceptional circumstances, it is strongly recommended that students do not undertake Introduction to Econometrics before attempting Introduction to Economic Statistics.
Semester 1
Semester 2

Selective

The following units are elective units for the Bachelor of Economics and not prerequisites for a major/program under the Bachelor of Economics.
ECON1003
Quantitative Methods in Economics
6    N MATH1111 or MATH1011 or MATH1001 or MATH1901 or MATH1906
Semester 1
ECON1005
The Australian Economy
6      Semester 2
ECON1006
The Economics of Everything
6      Semester 2

2000 level units of study

Core

ECMT2150
Intermediate Econometrics
6    P (ECMT1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015) and ECMT1020
N ECMT2110
Semester 1
Semester 2
ECOS2001
Intermediate Microeconomics
6    P ECON1001 or BUSS1040 or ECON1040
N ECON2001 or ECON2901 or ECOS2901


Certain combinations of Maths/Stats may substitute for Econometrics. Consult the School of Economics Undergraduate Coordinator.
Intensive January
Semester 1
Semester 2
or
ECOS2901
Intermediate Microeconomics Honours
6    P (ECON1001 or BUSS1040 or ECON1040) with a minimum Distinction grade (75%)
C (ECOS2903 or MATH2070) and (ECMT1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015)
N ECOS2001 or ECON2001 or ECON2901

Note: Department permission required for enrolment

Semester 1
ECOS2002
Intermediate Macroeconomics
6    P ECON1002 or ECON1040
N ECON2002 or ECON2902 or ECOS2902


Certain combinations of Maths/Stats may substitute for Econometrics. Consult the School of Economics Undergraduate Coordinator.
Intensive January
Semester 1
Semester 2
or
ECOS2902
Intermediate Macroeconomics Honours
6    P (ECON1002 or ECON1040) with a minimum Distinction grade (75%)
N ECOS2002 or ECON2002 or ECON2902

Note: Department permission required for enrolment

Semester 2

Selective

ECOS2004
Money and Banking
6    P (ECON1001 and ECON1002) or (ECON1040 and ECON1002) or BUSS1040
Semester 1
ECOS2025
East Asian Economies
6    P ECON1001 or ECON1002 or BUSS1040 or ECON1040
Semester 2
ECOS2201
Economics of Competition and Strategy
6    P ECON1001 or BUSS1040 or ECON1040
N ECON2201 or ECOS3005
Semester 2
ECOS2307
The European Economy
6    P 12 credit points at 1000 level
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

Agricultural and Resource Economics major

A major in Agricultural and Resource Economics requires 48 credit points from this table including:
(i) 12 credit points of 1000-level units
(ii) 12 credit points of 2000-level units
(iii) 12 credit points of 3000-level core units
(iv) 12 credit points of 3000-level selective units including 1 Interdisciplinary Project unit

1000 level units of study

ECON1001
Introductory Microeconomics
6    A Students enrolled in this unit have an assumed knowledge equal to or exceeding 70 or higher in HSC Mathematics (or equivalent), or 35 or higher in HSC Mathematics Extension 1 (or equivalent), or 35 or higher in HSC Mathematics Extension 2 (or equivalent).
N BUSS1040 or ECON1040
Intensive January
Semester 1
Semester 2
ECON1002
Introductory Macroeconomics
6    A Students enrolled in this unit have an assumed knowledge equal to or exceeding 70 or higher in HSC Mathematics (or equivalent), or 35 or higher in HSC Mathematics Extension 1 (or equivalent), or 35 or higher in HSC Mathematics Extension 2 (or equivalent).

Note: Department permission required for enrolment

Intensive February
Intensive June
Semester 1
Semester 2

2000 level units of study

ECOS2001
Intermediate Microeconomics
6    P ECON1001 or BUSS1040 or ECON1040
N ECON2001 or ECON2901 or ECOS2901


Certain combinations of Maths/Stats may substitute for Econometrics. Consult the School of Economics Undergraduate Coordinator.
Intensive January
Semester 1
Semester 2
AREC2005
Concepts in Enviro and Agricultural Economics
6    P (ECON1001 or BUSS1040 or ECON1040) and (ECON1002 or ECON1003 or ECON1005 or ECON1006 or ECMT1010 or BUSS1020)
N AREC2003 or RSEC2031
Semester 2
Or
ECOS2901
Intermediate Microeconomics Honours
6    P (ECON1001 or BUSS1040 or ECON1040) with a minimum Distinction grade (75%)
C (ECOS2903 or MATH2070) and (ECMT1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015)
N ECOS2001 or ECON2001 or ECON2901

Note: Department permission required for enrolment

Semester 1

3000 level units of study

Core

ECOS3013
Environmental Economics
6    P AREC2003 or RSEC2031 or ECOS2001 or ECOS2901
Intensive January
Semester 2

Selective

AREC3002
Agricultural Markets
6    P AREC2001 or AGEC2103 or ECOS2001 or ECOS2901
Semester 2
AREC3003
Econ of Minerals and Energy Industries

This unit of study is not available in 2019

6    P AREC2003 or RSEC2031 or ECOS2001 or ECOS2901
Semester 2
AREC3004
Economics of Water and Bio-Resources
6    P AREC2003 or RSEC2031 or ECOS2001 or ECOS2901
Semester 1
AREC3005
Agricultural Finance and Risk
6    P AREC2001 or AGEC2103 or AREC2002 or AGEC2101 or ECOS2001 or ECOS2901
Semester 1
AREC3007
Benefit-Cost Analysis
6    P ECOS2001 or ECOS2901 or AREC2005 or AREC2003
N (AREC2004 and RSEC4131)
Semester 2
ECOS3002
Development Economics
6    P ECOS2001 or ECOS2901 or ECOS2002 or ECOS2902
Semester 2
ECOS3005
Industrial Organisation
6    P ECOS2001 or ECOS2901
N ECOS2201
Semester 2
ECOS3006
International Trade
6    P ECOS2001 or ECOS2901
Semester 1

Econometrics major

A major in Econometrics requires 48 credit points from this table including:
(i) 12 credit points of 1000-level units
(ii) 12 credit points of 2000-level units
(iii) 24 credit points of 3000-level selective units including 1 Interdisciplinary Project unit

1000 level units of study

ECMT1010
Introduction to Economic Statistics
6    A Students enrolled in this unit have an assumed knowledge equal to or exceeding 70 or higher in HSC Mathematics (or equivalent), or 35 or higher in HSC Mathematics Extension 1 (or equivalent), or 35 or higher in HSC Mathematics Extension 2 (or equivalent).
N ECMT1011 or ECMT1012 or ECMT1013 or MATH1015 or MATH1005 or MATH1905 or STAT1021 or ECOF1010 or BUSS1020 or ENVX1001 or DATA1001
Semester 1
Semester 2
ECMT1020
Introduction to Econometrics
6    A Students enrolled in this unit have an assumed knowledge equal to or exceeding 70 or higher in HSC Mathematics (or equivalent), or 35 or higher in HSC Mathematics Extension 1 (or equivalent), or 35 or higher in HSC Mathematics Extension 2 (or equivalent).
P ECMT1010 or ECOF1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015 or DATA1001 or DATA1901
N ECMT1001 or ECMT1002 or ECMT1003 or ECMT1021 or ECMT1022 or ECMT1023


Other than in exceptional circumstances, it is strongly recommended that students do not undertake Introduction to Econometrics before attempting Introduction to Economic Statistics.
Semester 1
Semester 2

2000 level units of study

ECMT2150
Intermediate Econometrics
6    P (ECMT1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015) and ECMT1020
N ECMT2110
Semester 1
Semester 2
ECMT2160
Econometric Analysis
6    P ECMT2150 or ECMT2110
Semester 2

3000 level selective units of study

ECMT3110
Econometric Models and Methods
6    P ECMT2110 or ECMT2010 or ECMT2160
N ECMT3010
Semester 1
ECMT3120
Applied Econometrics
6    P ECMT3110 or ECMT3010 or (ECMT2150 and ECMT2160)
N ECMT3020
Semester 2
ECMT3130
Forecasting for Economics and Business
6    P ECMT2110 or ECMT2010 or (ECMT2150 and ECMT2160)
N ECMT3030
Semester 2
ECMT3150
The Econometrics of Financial Markets
6    P ((ECMT1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015) and (ECMT2110 or ECMT2010) and (ECMT2130 or ECMT2030)) or (ECMT2130 and ECMT2150 and ECMT2160)
N ECMT3050
Semester 1
ECMT3160
Statistical Modelling
6    P ECMT2150 or ECMT2110 or ECMT2010
N ECMT3620 or ECMT3720 or ECMT3210
Semester 1
ECMT3170
Computational Econometrics
6    P ECMT2160 or ECMT2110
Semester 2
ECOS3903
Applied Microeconometrics
6    P ECMT2150 with a minimum Distinction grade (75%)

Note: Department permission required for enrolment

Semester 1
ECOS3904
Applied Macroeconometrics
6    P ECMT2150 with a minimum Distinction grade (75%)

Note: Department permission required for enrolment

Semester 2

Economics major

A major in Economics requires 48 credit points from this table including:
(i) 12 credit points of 1000-level core units
(ii) 12 credit points of 2000-level core units. Alternative 2000-level selective units may be taken if the core units have already been completed for a different major
(iii) 24 credit points of 3000-level selective units, including 1 combined Interdisciplinary Project unit

1000 level units of study

ECON1001
Introductory Microeconomics
6    A Students enrolled in this unit have an assumed knowledge equal to or exceeding 70 or higher in HSC Mathematics (or equivalent), or 35 or higher in HSC Mathematics Extension 1 (or equivalent), or 35 or higher in HSC Mathematics Extension 2 (or equivalent).
N BUSS1040 or ECON1040
Intensive January
Semester 1
Semester 2
ECON1002
Introductory Macroeconomics
6    A Students enrolled in this unit have an assumed knowledge equal to or exceeding 70 or higher in HSC Mathematics (or equivalent), or 35 or higher in HSC Mathematics Extension 1 (or equivalent), or 35 or higher in HSC Mathematics Extension 2 (or equivalent).

Note: Department permission required for enrolment

Intensive February
Intensive June
Semester 1
Semester 2

2000 level core units of study

ECOS2001
Intermediate Microeconomics
6    P ECON1001 or BUSS1040 or ECON1040
N ECON2001 or ECON2901 or ECOS2901


Certain combinations of Maths/Stats may substitute for Econometrics. Consult the School of Economics Undergraduate Coordinator.
Intensive January
Semester 1
Semester 2
Or
ECOS2901
Intermediate Microeconomics Honours
6    P (ECON1001 or BUSS1040 or ECON1040) with a minimum Distinction grade (75%)
C (ECOS2903 or MATH2070) and (ECMT1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015)
N ECOS2001 or ECON2001 or ECON2901

Note: Department permission required for enrolment

Semester 1
ECOS2002
Intermediate Macroeconomics
6    P ECON1002 or ECON1040
N ECON2002 or ECON2902 or ECOS2902


Certain combinations of Maths/Stats may substitute for Econometrics. Consult the School of Economics Undergraduate Coordinator.
Intensive January
Semester 1
Semester 2
Or
ECOS2902
Intermediate Macroeconomics Honours
6    P (ECON1002 or ECON1040) with a minimum Distinction grade (75%)
N ECOS2002 or ECON2002 or ECON2902

Note: Department permission required for enrolment

Semester 2

2000 level selective units of study

ECMT2150
Intermediate Econometrics
6    P (ECMT1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015) and ECMT1020
N ECMT2110
Semester 1
Semester 2
ECOS2004
Money and Banking
6    P (ECON1001 and ECON1002) or (ECON1040 and ECON1002) or BUSS1040
Semester 1
ECOS2025
East Asian Economies
6    P ECON1001 or ECON1002 or BUSS1040 or ECON1040
Semester 2
ECOS2201
Economics of Competition and Strategy
6    P ECON1001 or BUSS1040 or ECON1040
N ECON2201 or ECOS3005
Semester 2
ECOS2307
The European Economy
6    P 12 credit points at 1000 level
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

3000 level selective units of study

ECOS3002
Development Economics
6    P ECOS2001 or ECOS2901 or ECOS2002 or ECOS2902
Semester 2
ECOS3003
Hierarchies, Incentives and Firm Structure
6    P ECOS2001 or ECOS2901
N ECON3003 or ECOS2306
Semester 2
ECOS3004
History of Economic Thought
6    P ECOS2001 or ECOS2901 or ECOS2002 or ECOS2902 or ECOP2011 or ECOP2001 or ECOP2012 or ECOP2002
Semester 2
ECOS3005
Industrial Organisation
6    P ECOS2001 or ECOS2901
N ECOS2201
Semester 2
ECOS3006
International Trade
6    P ECOS2001 or ECOS2901
Semester 1
ECOS3007
International Macroeconomics
6    P ECOS2002 or ECOS2902
Semester 1
ECOS3008
Labour Economics
6    P ECOS2001 or ECOS2901
Semester 2
ECOS3010
Monetary Economics
6    P ECOS2001 or ECOS2901 or ECOS2002 or ECOS2902
N ECON3010
Semester 1
ECOS3011
Public Finance
6    P ECOS2001 or ECOS2901
Semester 2
ECOS3012
Strategic Behaviour
6    P ECOS2001 or ECOS2901
N ECOS3901
Semester 2
ECOS3013
Environmental Economics
6    P AREC2003 or RSEC2031 or ECOS2001 or ECOS2901
Intensive January
Semester 2
ECOS3015
Law and Economics
6    P ECOS2001 or ECOS2901
Semester 2
ECOS3016
Experimental and Behavioural Economics
6    P ECOS2001 or ECOS2901
Semester 2
ECOS3017
Health Economics
6    P ECOS2001 or ECOS2901
Semester 2
ECOS3018
Economics of Growth
6    P (ECOS2001 or ECOS2901) and (ECOS2002 or ECOS2902)
Semester 2
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 (ECOS2001 or ECOS2901) and (ECOS2002 or ECOS2902)
Semester 1
ECOS3022
The Economics of Financial Markets
6    P (ECOS2001 or ECOS2901) and (ECOS2002 or ECOS2902)
Semester 1
ECOS3023
Personnel Economics
6    P ECOS2001 or ECOS2901
Semester 1
ECOS3024
Economic History
6    P ECOS2001 or ECOS2901 or ECOS2002 or ECOS2902
Semester 1
ECOS3025
The Economics of Regulation
6    P ECOS2001 or ECOS2901
Semester 1
ECOS3026
Economics of Crime

This unit of study is not available in 2019

6    P ECOS2001 or ECOS2901
Semester 2
ECOS3027
Economics of the Family
6    P ECOS2001 or ECOS2901
Semester 2
ECOS3901
Advanced Microeconomics Honours
6    P ECOS2901 with a minimum distinction grade (75%) or ECOS2001 with a minimum High Distinction grade (85%)
C ECMT2150 or ECMT2110
N ECOS3012

Note: Department permission required for enrolment
Students intending to proceed to fourth year economics honours must also complete at least one additional 3000-level ECOS unit during their degree, except where both ECOS3903 and ECOS3904 are selected.
Semester 1
ECOS3902
Advanced Macroeconomics Honours
6    P ECOS2902 with a minimum distinction grade (75%) or ECOS2002 with a minimum High Distinction grade (85%)
C ECMT2150 or ECMT2110

Note: Department permission required for enrolment
Students intending to proceed to fourth year economics honours must also complete at least one additional 3000-level ECOS unit during their degree, except where both ECOS3903 and ECOS3904 are selected.
Semester 2
ECOS3903
Applied Microeconometrics
6    P ECMT2150 with a minimum Distinction grade (75%)

Note: Department permission required for enrolment

Semester 1
ECOS3904
Applied Macroeconometrics
6    P ECMT2150 with a minimum Distinction grade (75%)

Note: Department permission required for enrolment

Semester 2

Financial Economics major

A major in Financial Economics requires 48 credit points from this table including:
(i) 12 credit points of 1000-level core units
(ii) 12 credit points of 2000-level core units. Students in the Bachelor of Economics program are prohibited from ECOS2040. Students who have completed ECOS2001/ECOS2901 and/or ECOS2002/ECOS2902 are prohibited from ECOS2040
(iii) 24 credit points of 3000-level selective units, including 1 combined Interdisciplinary Project unit

1000 level units of study

ECMT1010
Introduction to Economic Statistics
6    A Students enrolled in this unit have an assumed knowledge equal to or exceeding 70 or higher in HSC Mathematics (or equivalent), or 35 or higher in HSC Mathematics Extension 1 (or equivalent), or 35 or higher in HSC Mathematics Extension 2 (or equivalent).
N ECMT1011 or ECMT1012 or ECMT1013 or MATH1015 or MATH1005 or MATH1905 or STAT1021 or ECOF1010 or BUSS1020 or ENVX1001 or DATA1001
Semester 1
Semester 2
ECON1001
Introductory Microeconomics
6    A Students enrolled in this unit have an assumed knowledge equal to or exceeding 70 or higher in HSC Mathematics (or equivalent), or 35 or higher in HSC Mathematics Extension 1 (or equivalent), or 35 or higher in HSC Mathematics Extension 2 (or equivalent).
N BUSS1040 or ECON1040
Intensive January
Semester 1
Semester 2

2000 level units of study

ECMT2130
Financial Econometrics
6    P ECMT2110 or ECMT2010 or ECMT1020
N ECMT2030
Semester 2
ECOS2001
Intermediate Microeconomics
6    P ECON1001 or BUSS1040 or ECON1040
N ECON2001 or ECON2901 or ECOS2901


Certain combinations of Maths/Stats may substitute for Econometrics. Consult the School of Economics Undergraduate Coordinator.
Intensive January
Semester 1
Semester 2
Or
ECOS2901
Intermediate Microeconomics Honours
6    P (ECON1001 or BUSS1040 or ECON1040) with a minimum Distinction grade (75%)
C (ECOS2903 or MATH2070) and (ECMT1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015)
N ECOS2001 or ECON2001 or ECON2901

Note: Department permission required for enrolment

Semester 1
Or
ECOS2040
Intermediate Financial Economics
6    P ECON1001 and ECMT1010
N ECOS2001 or ECOS2901 or ECOS2002 or ECOS2902
Semester 2

3000 level units of study

Core

ECOS3022
The Economics of Financial Markets
6    P (ECOS2001 or ECOS2901) and (ECOS2002 or ECOS2902)
Semester 1

Selective

ECMT3130
Forecasting for Economics and Business
6    P ECMT2110 or ECMT2010 or (ECMT2150 and ECMT2160)
N ECMT3030
Semester 2
ECMT3150
The Econometrics of Financial Markets
6    P ((ECMT1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015) and (ECMT2110 or ECMT2010) and (ECMT2130 or ECMT2030)) or (ECMT2130 and ECMT2150 and ECMT2160)
N ECMT3050
Semester 1
ECOS3007
International Macroeconomics
6    P ECOS2002 or ECOS2902
Semester 1
ECOS3010
Monetary Economics
6    P ECOS2001 or ECOS2901 or ECOS2002 or ECOS2902
N ECON3010
Semester 1
ECOS3021
Business Cycles and Asset Markets
6    P (ECOS2001 or ECOS2901) and (ECOS2002 or ECOS2902)
Semester 1
ECOS3025
The Economics of Regulation
6    P ECOS2001 or ECOS2901
Semester 1