University of Sydney Handbooks - 2011 Archive

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Econometrics

This major is only available to students enrolled in the Bachelor of Economics and related combined degrees.

Econometrics applies mathematical and statistical techniques to the analysis of business and economic data. There has always been a strong demand for graduates with quantitative skills. The impact of information technology means there are huge data sets now available, such as data sets of financial market activity or of consumer markets via supermarket scanning.

This adds considerably to the high-level prospects for graduates with the quantitative skills to deal with the potential of the data, such as in the analysis of energy demand, greenhouse gas emissions, international trade flows or consumer behaviour.

For the award of a major in Econometrics students complete:

(i) two junior prerequisite units of study (12 credit points), as follows:

  • ECMT1010 Business and Economic Statistics A
  • ECMT1020 Business and Economic Statistics B

(ii) two compulsory senior units of study (12 credit points), as follows:

  • ECMT2110 Regression Modelling
  • ECMT3110 Econometric Models and Methods.

(iii) one senior elective unit of study (six credit points) selected from the following:

  • ECMT3120 Applied Econometrics
  • ECMT3130 Forecasting for Economics and Business
  • ECMT3150 The Econometrics of Financial Markets
  • ECMT3170 Computational Econometrics #

(iv) a minimum of three senior unit of study (18 credit points) selected from the following. (Only two of these elective units (12 credit points) may be selected from those marked with an €œ*€):

  • ECMT2120 Analysis of Discrete Choice Data
  • ECMT2130 Financial Econometrics
  • ECMT2620 Management Science*
  • ECMT2630 Managerial Decision Making*
  • ECMT2640 Operations Management*
  • ECMT3120 Applied Econometrics
  • ECMT3130 Forecasting for Economics and Business
  • ECMT3150 The Econometrics of Financial Markets
  • ECMT3160 Statistical Modelling #
  • ECMT3170 Computational Econometrics #
  • ECMT3180 Business Risk Management
  • ECMT3610 Management Science Models and Methods*
  • ECMT3640 Project Planning and Management*

Units of study marked with an "#" will not be offered for 2011.

Please check Table A for details of the unit prerequisites, corequisites and other requirements.