Economics

The course resolutions detailed in this page apply to all courses included in the table below under section 1 (course codes).

These resolutions must be read in conjunction with applicable University By-laws, Rules and policies including (but not limited to) the University of Sydney (Coursework) Rule 2014 (the 'Coursework Rule'), the Coursework Policy 2021 (the 'Coursework Policy'), the Learning and Teaching Policy 2019, the Resolutions of the Faculty, University of Sydney (Student Academic Appeals) Rule 2021, the Academic Integrity Policy 2022 and the Academic Integrity Procedures 2022. Current versions of all policies are available from the Policy Register: http://www.sydney.edu.au/policies

1  Course codes

2  Attendance pattern

The attendance pattern for this course is full time or part time according to candidate choice.

3  Master's type

The Master’s degree in these resolutions is a professional Master’s course, as defined by the Coursework Rule.

4  Embedded courses in this sequence

(1)  The embedded courses in this sequence are:

(a)  the Master of Economics

(b)  the Graduate Diploma in Economics

(c)   the Graduate Certificate in Economics

(2)  Providing candidates satisfy the admission requirements for each stage, a candidate may progress to the award of any of the courses in this sequence. Only the longest award completed will be conferred.

5  Admission to candidature

(1)  Available places will be offered to qualified applicants based on merit in accordance with the following admission criteria. In exceptional circumstances the Dean may admit applicants without these qualifications but whose evidence of experience and achievement is deemed by the Dean to be equivalent.

(2)  Admission to candidature for the Graduate Certificate in Economics requires:

(a)  a bachelor's degree from the University of Sydney, or an equivalent qualification; or

(b)  evidence of a minimum of three years recent, relevant professional experience.

(3)  Admission to candidature for the Graduate Diploma in Economics requires:

(a)  a bachelor's degree, from the University of Sydney, with a minimum 60% average, or an equivalent qualification; or

(b)  completion of the requirements for the embedded Graduate Certificate with a minimum pass average, or an equivalent qualification.

(4)  Admission to candidature for the Master of Economics requires:

(a)  a bachelor's degree from the University of Sydney, with a minimum credit (65%) average, or an equivalent qualification; or

(b)  completion of the requirements for the embedded Graduate Certificate or Graduate Diploma in Economics with a minimum credit (65%) average, or an equivalent qualification.

6  Requirements for award

(1)  The units of study that may be taken for the Economics courses are set out in the postgraduate table of units of study for the Economics, Econometrics and Financial Economics subject areas.

(2)  To qualify for the award of the Master of Economics a candidate must complete 96 credit points, including:

(a)  24 credit points of foundation units of study; and

(b)  24 credit points of core units of study; and

(c)   a maximum of 42 credit points of elective units of study, of which a maximum of 6 credit points may be taken from elsewhere in the University of Sydney, with prior permission of the relevant delegate;

(d)  at least one specialisation; and

(e)  6 credit points of capstone units of study.

(3)  To qualify for the award of the Graduate Diploma in Economics a candidate must complete 48 credit points, including:

(a)  24 credit points of foundation units of study; and

(b)  24 credit points of core units of study.

(4)  To qualify for the award of the Graduate Certificate in Economics a candidate must complete 24 credit points of foundation units of study.

7  Specialisations

(1)  Completion of a specialisation is a requirement of the Master’s degree. Candidates have the option of completing up to three specialisations. A specialisation requires the completion of 18 credit points of advanced units chosen from the units of study listed in the table for that specialisation. Units of study counted towards one specialisation may not count towards any other specialisation completed. The specialisations available are:

(a)  Economics;

(b)  Econometrics; and

(c)   Financial Economics.

8  Recognition of prior learning

(1)  Waivers and reductions in the volume of learning may be granted in recognition of prior learning.

(2)  Credit may be granted for up to 50 per cent of course requirements for relevant incomplete postgraduate qualifications.

(3)  Candidates offered direct admission to the Master of Economics may be eligible for a reduction in the volume of learning of up to 48 credit points, subject to the following:

(a)  The maximum permissible reduction in the volume of learning is 24 credit points for a bachelor's degree at level 7 of the Australian Qualifications Framework with a major in Economics.

(b)  The maximum permissible reduction in the volume of learning is 48 credit points for a qualification at level 8 of the Australian Qualifications Framework in Economics.

(c)   The maximum permissible reduction in the volume of learning is 24 credit points for relevant professional work experience deemed by the Faculty of Arts and Social Sciences to have conferred a volume of learning equivalent to that of a Graduate Certificate in a relevant discipline.

(4)  The maximum combined waiver and reduction in the volume of learning for prior study granted to a candidate will not exceed 50 per cent of the requirements of the course.

9  Course transfer

A candidate for the Master’s may elect to discontinue study and graduate with a shorter award from this embedded sequence, with the approval of the Faculty, and provided the requirements of the shorter award have been met.

10  Transitional provisions

(1)  These resolutions apply to students who commenced their candidature after 1 January, 2024.

(2)  Candidates who commenced prior to 1 January, 2024 will complete the requirements in accordance with the resolutions in force at the time of their commencement.