University of Sydney Handbooks - 2020 Archive

Download full 2020 archivePage archived at: Tue, 27 Oct 2020

Economics

 

Master of Economics

Graduate Diploma of Economics

Graduate Certificate in Economics


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 2014, the Resolutions of the Faculty, the University of Sydney (Student Appeals against Academic Decisions) Rule 2006 (as amended), the Academic Honesty in Coursework Policy 2015 and the Academic Honesty Procedures 2016. Up to date versions of all such documents are available from the Policy Register: http://sydney.edu.au/policies.

Course resolutions

1 Course codes

Code

Course title

MAECONOM-08

Master of Economics

GNECONOM-05

Graduate Diploma in Economics

GCECONOM-01

Graduate Certificate in Economics

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 admissions 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 emebdded Graduate Certificate with a minimum pass, or an equivalent qualification.
(4)
Admission to candidature for the Master of Economics requires:
(a)
a bachelor's degree with from the University of Sydney, with a minimum credit (65%), 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)
a minimum of 24 credit points of foundation units of study; and
(b)
a minimum of 24 credit points of core units of study; and
(c)
a maximum of 42 credit points of elective units of study; and
(d)
at least one specialisation;
(e)
a minimum of 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)
a minimum of 24 credit points of foundation units of study; and
(b)
a minimum of 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 major may not count toward any other major 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 or the volume of learning may be reduced in recognition of prior learning.
(2)
Credit may be granted for up to 50% 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 24 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% of the requirements of the course.

9 Course transfer

A candidate for the master 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 Dual Degree Pathway

(1)
Attendance pattern
The attendance pattern for this pathway is full or part-time.
(2)
Admission to candidature
(a)
Admission to candidature for the Dual Degree Master of Economics requires a bachelor's degree with a minimum credit (65%), including a program in Economics, from the University of Sydney, or an equivalent qualification.
(b)
In addition, admission to this pathway requires the applicants to submit a statement of motivation. Applicants are ranked by merit and offers for available places are issued according to ranking.
(3)
Requirements for award
(a)
Candidates will be eligible for the dual degree upon completion of the academic requirements for the Master of Economics and the Master's program at the partner institution.
(b)
To qualify for the award of the Master of Economics, candidates must complete the equivalent of 96 credit points in total, comprising:
(i)
A maximum of 24 credit points granted as credit on the basis of studies at the partner institution, including a 6 credit point capstone
(ii)
24 credit points of core units of study completed at the University of Sydney
(iii)
24 credit points of elective units including at least 18 credit points in one specialisation
(iv)
24 credit points granted as a reduction in the volume of learning, based on the completion of a bachelor's degree at level 7 of the Australian Qualifications Framework with a program in Economics.
(4)
Progression rules
(a)
Students failing to meet the requirements at the University of Sydney will no longer be eligible to participate in the dual degree program.
(b)
Academic progress will be reviewed according to existing policies at each institution.
(5)
Cross-Institutional Management
(a)
Candidates in the dual degree program will be under the supervision of the Faculty of Arts and Social Sciences during their candidature in the Master of Economics. They will be under the general supervision of the partner institution during their candidature at the partner institution.
(b)
The Faculty of Arts and Social Sciences and the partner institution shall jointly exercise authority in any matter concerned with the dual degree program not otherwise dealt with in these resolutions.

11 Transitional provisions

(1)
These resolutions apply to students who commenced their candidature after 1 January, 2020.
(2)
Candidates who commenced prior to 1 January, 2020 may complete the requirements in accordance with the resolutions in force at the time of their commencement, provided that requirements are completed by 1 January, 2025. The Faculty may specify a later date for completion or specify alternative requirements for completion of candidatures that extend beyond this time.
(3)
The Dual Degree pathway is only available to students who commence their candidature after 1 January 2020.