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Bachelor of Economics (Honours)

Study economics with us in 2018

Why study with us?

  • No. 15 in the world

    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.

  • Top graduates

    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

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

Your fee

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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)

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.

Graduate opportunities

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.

Future study

The School of Economics at the University of Sydney is an important training ground for Economists in the region. The School offers a selection of postgraduate coursework degrees in Economics as well as a vigorous postgraduate research program:

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.

Visa/MasterCard/American Express/JCB surcharge


Please note that a surcharge of 0.8% will apply for payments made by Visa, MasterCard, American Express or JCB. 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.

Visa/MasterCard/American Express/JCB surcharge


Please note that a surcharge of 0.8% will apply for payments made by Visa, MasterCard, American Express or JCB. 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.