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Bachelor of Economics (Honours)

Study economics with us in 2018

Why study with us?

  • With our Faculty of Arts and Social Sciences ranked 15th in the world by the 2017 QS World Rankings by Subject, you will study one of Australia’s leading undergraduate economics degrees from world-renowned experts and researchers.

  • Our graduates are highly sought after, with our alumni including leaders in the Reserve Bank, the Treasury and other government departments, international agencies, financial institutions and NGOs.

Overview

The Bachelor of Economics (Honours) is highly desirable for students seeking employment as professional economists, for students who want to do postgraduate work in economics or for students who simply want to signal relatively high academic achievement.

If a student wishes to work as a professional economist in industry, finance or the public service, employers may value a level of specialisation that is not provided by a three-year pass degree. Many of those who have graduated with Honours in Economics from the University of Sydney now have top jobs in government institutions like the Departments of Treasury and Finance, the Reserve Bank and the Australian Bureau of Statistics or in private banks or other financial institutions. Many others are academic economists, while some have won fame in the political arena.

Majors

Entry, fees, funding & how to apply

Depends on your qualification, citizenship status

My qualification is from

The details on this page based on your selections are a guide only, and are subject to change.

Your fee

How to apply

What you'll study

Units of Study

Further course information

Typical workload and assessment

Each honours year involves a mix of seminars and a thesis. Some honours years require three seminars and a shorter thesis (12,000-15,000 words). Others involve two seminars and a longer thesis, up to 20,000 words. Seminar work is marked by the academic staff member leading the class. In some departments, a second academic staff member will mark work written for seminars. A thesis is read by at least two academics in the field other than the student's supervisor. Examiners write detailed reports on each thesis, which the student receives, and assign a tentative grade. The final grades for each thesis are decided by the department or program staff collectively. Each department or program ranks all honours candidates based on their thesis and seminar results. These departmental results and nominations for the University Medals are then considered by the Faculty Honours Board, which includes the Honours Coordinators from every department in the Faculty of Arts and Social Sciences.

Honours awards and classes

The classes of honours awarded are:

  • Honours Class I (where the Honours mark is in the range of 80-100)
  • Honours Class II Division 1 (75 - 79)
  • Honours Class II Division 2 (70 - 74)
  • Honours Class III (65 - 69)
  • Pass (50 - 64)

Ethics and honours research

The Faculty of Arts and Social Sciences administers an Honours Ethics Committee that processes all honours-level ethics applications on behalf of the University Ethics Office. As a general principle, any research involving human subjects requires ethics approval, including projects involving the following kinds of methodologies (note: the list is not exhaustive): questionnaires; surveys or interviews (including oral history); telephone interviewing; recording by audio- or video-tape; observations of behaviour (including ethnographic fieldwork).

Please note that a key part of the approval process involves ensuring that the University complies with its duty of care to students. Safety protocols must be prepared for all students conducting any research off-campus, whether in Australia or overseas.

Applying for ethics clearance

The procedure to have your honours thesis ethic proposal considered by the Faculty Honours Ethics Committee is as follows:

  1. Fill out the standard ethics clearance form. Make sure you use the correct form for Humanities and Sciences Research Involving Humans.
  2. Note that student projects that involve Aboriginal and Torres Strait Islanders and/or research involving children are not covered by this scheme. These proposals must still go to the University Ethics Committee.
  3. The Faculty Committee may still forward some difficult ethics submissions to the University Ethics Committee for consideration.
  4. Submit one original application, including attachments (unstapled) and printed on one side only plus five (5) copies , including attachments (stapled and which may be double sided) to Ms Ghada Daher, Secretariat Administration Officer, in the Faculty of Arts and Social Sciences Office (Room J2.05 Quadrangle ? at the bottom of the Western Tower stairs) by 4pm on the closing date of submission. No late submissions will be accepted. 
  5. The submissions must be typewritten or word-processed. Handwritten applications will not be accepted.
  6. Before you submit your application, you are required to have it authorised by the relevant Head of School. If the Head of School is your supervisor, the application must be signed off by the Pro-Dean. This can be arranged via the Faculty Office.

 

Applying for honours

At the end of each year, students who achieve an average of 70% in ECON1001 and ECON1002 will be sent a letter of invitation to enrol in the 2nd year Economics honours units for the following year. Students with an average of 65-69% need to see the Economics Honours Coordinator to request an invitation to enrol in these second year units.

Admission requirement

Honours is available to meritorious students who complete an additional year of full time study, after the completion of the pass degree. Part time study is permitted if approved by the administering Discipline.

Completion of a three year degree with a major in Economics, a Weighted Average Mark (WAM) of 70% across all senior units of study taken in the degree, and an average of 70% or higher in the third year honours program units, ECOS3901, ECOS3902 and [either ECOS3903 OR ECOS3904 OR the listed ECMT alternative units], on condition that the student has also passed all three of these units as well as one additional ECOS3000 level unit. For students who take both ECOS3903 and ECOS3904, the two marks will be averaged to give a single mark for inclusion in the honours program unit average; for students taking Econometrics alternatives to ECOS3903 or ECOS3904, the two Econometrics marks will also be averaged to give a single mark for inclusion in the honours program unit average.

The academic requirements that are displayed are applicable to currently available courses only, and are updated annually in October and may be changed without notice. The Handbooks Online and the University of Sydney Calendar are the official legal source of information relating to study at the University of Sydney, and you are referred to those documents.

Course opportunities

Professional accreditation

Graduate opportunities

Examples depend on majors and include:

  • accountant
  • banker
  • business consultant
  • business information systems analyst
  • economic analyst
  • economist
  • financial manager
  • government or NGO worker
  • human resource manager
  • industrial relations specialist
  • researcher
  • social policy adviser

 

Future study

Research in the Faculty of Arts and Social Sciences extends across a diverse range of disciplines in the humanities and social sciences, embracing traditional, emerging and cross-disciplinary subjects. Staff in the Faculty enjoy international reputations in their chosen fields, reflected in the high level of academic publications published each year. The Bachelor of Arts Honours year is the Faculty's essential research training pathway to higher degrees by research in the humanities and social sciences. For more details, see our research degrees:

Domestic students

Indicative Undergraduate Student Contribution Amount


The student contribution amount for a Commonwealth Supported Place is an indication only of the amount payable in Year 1 for a standard full time load of 48 credit points (1.0 EFTSL). The exact student contribution that you pay will depend on the calendar year in which you undertake your study in the course, and the specific units of study in which you enrol. For further information about how to calculate your specific total student contribution, please refer to the University's Tuition Fees website.

Annual review and fee increases


Importantly, student contribution amounts are subject to annual review by the University, and will increase each year of your period of study (subject to a Commonwealth specified cap), effective at the start of each calendar year.

Additional incidental costs


For some courses there are incidental costs additional to the student contribution. Some of these incidental costs are significant, for example, course-specific materials, tools, protected clothing, and equipment. Further information about these costs is available from https://sydney.edu.au/students/materials-and-equipment.html.

Credit card surcharge


Please note that a surcharge of 0.8% will apply for payments made by Visa, MasterCard or American Express. The surcharge is subject to review and may change. Information about payment methods and the surcharge is set out at: http://sydney.edu.au/study/finances-fees-costs/fees-and-loans/paying-your-fees.html.

Potential for inaccuracy


Whilst every reasonable effort has been made to include correct and up to date information here, you are also advised to consult directly with the Student Centre so that they can provide you with specific and up to date information about fees.

International students

Indicative International Tuition Fees for Undergraduate Students


The tuition fee for international undergraduate students is an indication of the fees payable in Year 1 for a standard full time load of 48 credit points (1.0 EFTSL). Depending on the calendar year in which you undertake your study, and if your study load is more or less than the 1.0 EFTSL, your tuition fee will differ from the indicative amount. For further information about how to calculate your specific total tuition fees, please refer to the University's Tuition Fees website

Annual review and fee increases


Importantly, tuition fees are subject to annual review, and will increase each year of your period of study, effective at the start of each calendar year.

Additional incidental costs and health insurance


For some courses there are incidental costs additional to the tuition fees. Some of these incidental costs are significant, for example, course-specific materials, tools, protected clothing, and equipment. Further information about these costs is available from https://sydney.edu.au/students/materials-and-equipment.html. In addition to the fees indicated here for the course of study, International Students studying on an Australian Student Visa must have appropriate health insurance for the duration of their studies on a Student Visa through an approved provider of the Overseas Student Health Cover (OSHC) scheme. This is a requirement of the Australian Government, unless otherwise exempted by the Government.

Credit card surcharge


Please note that a surcharge of 0.8% will apply for payments made by Visa, MasterCard or American Express. The surcharge is subject to review and may change. Information about payment methods and the surcharge is set out at: http://sydney.edu.au/study/finances-fees-costs/fees-and-loans/paying-your-fees.html.

Potential for inaccuracy


Whilst every reasonable effort has been made to include correct and up to date information here, you are also advised to consult directly with the Student Centre so that they can provide you with specific and up to date information about fees.

To help you understand common terms that we use at the University, we offer an online glossary.