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 |
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Economics |
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Major |
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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 |
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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 |
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Core |
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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 |
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Core |
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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 |
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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 |
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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 |
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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 |