This subject area is offered by the School of Economics (Faculty of Arts and Social Sciences).
Economics is a diverse, fascinating discipline that studies a wide range of issues that shape the broad framework of society – political, social and commercial. The School of Economics has a proud history as one of the most highly ranked centres in economics. This is reflected in our degrees, which promote a deep understanding of the key concepts of economics with a focus on contemporary issues of Australian and international importance. Our graduates are leaders in their fields – at the Reserve Bank, Treasury and other government departments, in global financial institutions, and with international agencies and NGOs. They also go on to further study at some of the finest institutions in the world.
The major in Econometrics is available to students enrolled in the Bachelor of Economics and related combined degrees, and to students enrolled in programs in the University of Sydney Business School. It focuses on the application of mathematical and statistical techniques to the analysis of social, financial, business and economic data, which is available in ever increasing quantity and complexity. It blends the essentials of economics with a balanced and rigorous training in modern econometric theory and associated empirical methods. This major is training for an area of high employer demand, with employers increasingly looking for graduates with highly sophisticated quantitative skills.
Requirements for a major in Econometrics
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 Econometrics, students complete:
1. Two junior prerequisite units of study (12 credit points), as follows:
- BUSS1020 Quantitative Business Analysis (OR ECMT1010 Business and Economic Statistics A) +
- ECMT1020 Business and Economic Statistics B.
+ Students enrolled in the Bachelor of Commerce and related combined degrees must complete BUSS1020 as it is a core unit for their programs, rather than the ECMT alternative.
2. Six senior units of study (36 credit points), comprising:
(i) two compulsory units of study (12 credit points), as follows:
- ECMT2150 Cross Section Econometrics
- ECMT2160 Time Series Econometrics
(ii) four senior elective units of study (24 credit points) selected from the following with a minimum of three at the 3000 level (18 credit points):
- ECMT2120 Analysis of Discrete Choice Data*
- ECMT2130 Financial Econometrics
- ECMT3120 Applied Econometrics
- ECMT3130 Forecasting for Economics and Business
- ECMT3150 The Econometrics of Financial Markets
- ECMT3160 Statistical Modelling*
- ECMT3170 Computational Econometrics*
- ECOS3903 Applied Microeconomics Honours #
- ECOS3904 Applied Macroeconomics Honours #
* Not offered for 2014.
# These units can only be counted toward either an economics or an econometrics major, not both.
Please check the Units of study for details of the unit prerequisites, corequisites and other requirements.