University of Sydney Handbooks - 2022 Archive

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Economics (Major)

Please check the current students website (Find a unit of study) for up-to-date information on units of study including availability.

 
Unit outlines will be available through Find a unit outline two weeks before the first day of teaching for 1000-level and 5000-level units, or one week before the first day of teaching for all other units.
 

Unit of study Credit points A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition Session

Economics

Major

A major in Economics requires 48 credit points from this table including:
(i) 12 credit points of 1000-level core units of study
(ii) 12 credit points of 2000-level core units of study
Alternative units for 2000-level core units of study may be taken from the 2000-level selective units, if the core units have already been completed for a different major.
(iii) 18 credit points of 3000-level selective units of study
(iv) 6 credit points of Interdisciplinary Project units

Minor

A minor in Economics requires 36 credit points from this table including:
(i) 12 credit points of 1000-level core units
(ii) 12 credit points of 2000-level core units
Alternative units for 2000-level core units of study may be taken from the 2000-level selective units, if the core units have already been completed for a different major.
(iii) 12 credit points of 3000-level selective units

1000 level units of study

Core
ECON1001
Introductory Microeconomics
6    A Students enrolled in this unit have an assumed knowledge equal to or exceeding 70 or higher in HSC Mathematics (or equivalent), or 35 or higher in HSC Mathematics Extension 1 (or equivalent), or 35 or higher in HSC Mathematics Extension 2 (or equivalent)
N BUSS1040 or ECON1040
Intensive February
Semester 1
Semester 2
ECON1002
Introductory Macroeconomics
6    A Students enrolled in this unit have an assumed knowledge equal to or exceeding 70 or higher in HSC Mathematics (or equivalent), or 35 or higher in HSC Mathematics Extension 1 (or equivalent), or 35 or higher in HSC Mathematics Extension 2 (or equivalent)
Intensive February
Semester 1
Semester 2

2000 level units of study

Core
Students choose between ECOS2001 or ECOS2901 as appropriate.
ECOS2001
Intermediate Microeconomics
6    P ECON1001 or BUSS1040 or ECON1040
N ECON2001 or ECON2901 or ECOS2901


Certain combinations of Maths/Stats may substitute for Econometrics. Consult the School of Economics Undergraduate Coordinator.
Intensive February
Semester 1
Semester 2
or
ECOS2901
Intermediate Microeconomics Honours
6    A ECOS2903 or MATH2070 or MATH2970
P (ECON1001 or BUSS1040 or ECON1040) with a minimum credit grade (65%) and ECON1002 with a minimum credit grade (65%)
N ECOS2001 or ECON2001 or ECON2901

Note: Department permission required for enrolment
Students are strongly advised to undertake one of ECOS2903 or MATH2070 or MATH2970 either concurrently with or prior to ECOS2901.
Semester 1
Students choose between ECOS2002 or ECOS2902 as appropriate.
ECOS2002
Intermediate Macroeconomics
6    P ECON1002 or ECON1040
N ECON2002 or ECON2902 or ECOS2902


Certain combinations of Maths/Stats may substitute for Econometrics. Consult the School of Economics Undergraduate Coordinator.
Intensive February
Semester 1
Semester 2
or
ECOS2902
Intermediate Macroeconomics Honours
6    P 65% in (ECON1001 or BUSS1040 or ECON1040) and 65% in ECON1002
N ECOS2002 or ECON2002 or ECON2902

Note: Department permission required for enrolment

Semester 2
Selective
ECMT2150
Intermediate Econometrics
6    P (ECMT1010 or MATH1905 or MATH1005 or MATH1015 or DATA1001 or DATA1901 or ENVX1002) and (ECMT1020 or MATH1002 or MATH1902 or MATH1014 or DATA1002 or DATA1902) or (BUSS1020)
N ECMT2110 or ECMT2950
Semester 1
Semester 2
ECMT2950
Intermediate Econometrics - Advanced
6    P (A minimum of 65% in (ECMT1010 or MATH1905 or MATH1005 or MATH1015 or DATA1001 or DATA1901 or ENVX1002)) and (a minimum of 65% in (ECMT1020 or MATH1002 or MATH1902 or DATA1002 or DATA1903)) or (a minimum of 65% in BUSS1020)
N ECMT2110 or ECMT2150
Semester 1
ECOS2004
Money and Banking
6    P (ECON1001 and ECON1002) or (ECON1040 and ECON1002) or BUSS1040
Semester 1
ECOS2025
East Asian Economies
6    P ECON1001 or ECON1002 or BUSS1040 or ECON1040
Semester 2
ECOS2201
Economics of Competition and Strategy
6    P ECON1001 or BUSS1040 or ECON1040
N ECON2201 or ECOS3005
Semester 2
ECOS2307
The European Economy
6    P 12 credit points at 1000 level
Semester 2
ECOS2903
Mathematical Economics A
6    P A minimum of 65% in (ECON1001 or BUSS1040 or ECON1040) and 65% in ECON1002
N ECON2903 or MATH2070 or MATH2970

Note: Department permission required for enrolment
Students intending to proceed to the third year economics honours program must take this unit or MATH2070
Semester 1

3000 level selective units of study

ECOS3002
Development Economics
6    P ECOS2001 or ECOS2901 or ECOS2002 or ECOS2902
Semester 2
ECOS3003
Hierarchies, Incentives and Firm Structure
6    P ECOS2001 or ECOS2901
N ECON3003 or ECOS2306
Semester 1
Semester 2
ECOS3004
History of Economic Thought
6    P ECOS2001 or ECOS2901 or ECOS2002 or ECOS2902 or ECOP2011 or ECOP2001 or ECOP2012 or ECOP2002
Semester 2
ECOS3005
Industrial Organisation
6    P ECOS2001 or ECOS2901
N ECOS2201
Intensive February
Semester 1
Semester 2
ECOS3006
International Trade
6    P ECOS2001 or ECOS2901
Semester 1
Semester 2
ECOS3007
International Macroeconomics
6    P ECOS2002 or ECOS2902 or ECOS2040
Semester 2
ECOS3008
Labour Economics
6    P ECOS2001 or ECOS2901
Semester 2
ECOS3010
Monetary Economics
6    P ECOS2001 or ECOS2901 or ECOS2002 or ECOS2902 or ECOS2040
N ECON3010
Semester 1
Semester 2
ECOS3011
Public Finance
6    P ECOS2001 or ECOS2901
Semester 2
ECOS3012
Strategic Behaviour
6    P ECOS2001 or ECOS2901
N ECOS3901
Semester 1
Semester 2
ECOS3013
Environmental Economics
6    P AREC2005 or AREC2003 or RSEC2031 or ECOS2001 or ECOS2901
Semester 2
ECOS3015
Law and Economics
6    P ECOS2001 or ECOS2901
Semester 2
ECOS3016
Experimental and Behavioural Economics
6    P ECOS2001 or ECOS2901
Semester 2
ECOS3017
Health Economics
6    P ECOS2001 or ECOS2901
Semester 2
ECOS3018
Economics of Growth

This unit of study is not available in 2022

6    P (ECOS2001 or ECOS2901) and (ECOS2002 or ECOS2902)
Semester 2
ECOS3020
Special Topic in Economics
6    P ((ECOS2001 or ECON2001) and (ECOS2002 or ECON2002)) or ((ECOS2901 or ECON2901) and (ECOS2902 or ECON2902))

Note: Department permission required for enrolment
Students must seek written permission from the School of Economics Undergraduate Coordinator to enrol in this unit.
Semester 1
Semester 2
ECOS3021
Business Cycles and Asset Markets
6    P ((ECOS2001 or ECOS2901) and (ECOS2002 or ECOS2902)) or (ECOS2040 and ECMT2130)
Semester 1
ECOS3022
The Economics of Financial Markets
6    P ((ECOS2001 or ECOS2901) and (ECOS2002 or ECOS2902)) or (ECOS2040 and ECMT2130)
Semester 1
Semester 2
ECOS3023
Personnel Economics
6    P ECOS2001 or ECOS2901
Semester 2
ECOS3024
Economic History
6    P ECOS2001 or ECOS2901 or ECOS2002 or ECOS2902
Semester 1
ECOS3025
The Economics of Regulation
6    P ECOS2001 or ECOS2901 or ECOS2040
Semester 1
ECOS3027
Economics of the Family
6    P ECOS2001 or ECOS2901
Semester 2
ECOS3028
Macroeconomics of Fiscal Policy
6    P ECOS2002
Semester 1
ECOS3031
Heterodox Perspectives on Macroeconomics
6    P (ECOS2001 or ECOS2901) and (ECOS2002 or ECOS2902 )
Semester 2
ECOS3901
Advanced Microeconomics Honours
6    A ECOS2903 or MATH2070
P A minimum of ((65% in ECOS2901) or (75% in ECOS2001)) and 65% in (ECOS2903 or MATH2070 or MATH2970)

Note: Department permission required for enrolment
Students intending to proceed to fourth year economics honours must also complete at least one additional 3000-level ECOS unit during their degree, except where both ECOS3903 and ECOS3904 are selected.
Semester 1
ECOS3902
Advanced Macroeconomics Honours
6    P A minimum of ((65% in ECOS2902) or (75% in ECOS2002)) and 65% in (ECOS2903 or MATH2070 or MATH2970)

Note: Department permission required for enrolment
Students intending to proceed to fourth year economics honours must also complete at least one additional 3000-level ECOS unit during their degree, except where both ECOS3903 and ECOS3904 are selected.
Semester 2
ECOS3903
Applied Microeconometrics
6    P A minimum of ((65% in ECOS2901) or (75% in ECOS2001)) and 65% in (ECMT2150 or ECMT2950 or ECMT2160)

Note: Department permission required for enrolment

Semester 1
ECOS3904
Applied Macroeconometrics
6    P A minimum of ((65% in ECOS2902) or (75% in ECOS2002)) and 65% in (ECMT2130 or ECMT2150 or ECMT2950 or ECMT2160)

Note: Department permission required for enrolment

Semester 2

Interdisciplinary project unit of study

If you are completing two majors and both of your majors are from the Faculty of Arts and Social Sciences, please select the ECOS3997 Interdisciplinary Impact in Economics or ECMT3997 Interdisciplinary Impact in Econometrics unit of study for your first major, and an Industry and Community Project unit of study for your second major.
If you are completing two majors but only one of your majors is from the Faculty of Arts and Social Sciences, please select the Interdisciplinary Impact unit of study for that major.
If you are completing one major only and that major is from the Faculty of Arts and Social Sciences, please select the Interdisciplinary Impact unit of study for your major.
ECOS3997
Interdisciplinary Impact in Economics
6    P 12 credit points at 2000 level from one of the following majors: Economics; Econometrics; Financial Economics; Environmental, Agricultural and Resource Economics
Intensive February
Semester 1
Semester 2
ECMT3997
Interdisciplinary Impact in Econometrics
6    P ((ECMT2150 or ECMT2950) and ECMT2160) or (ECOS2901 and (ECMT2150 or ECMT2950))
N ECOS3903
Semester 1
ECON3998
Industry and Community Project
6    P 72 credit points
C Interdisciplinary Impact in any major
Intensive February
Intensive July
Semester 1
Semester 2