Economics
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.
Errata
| Item | Errata | Date |
|---|---|---|
| 1. |
Due to a technical error, the availability of some units of study is incorrectly listed. |
21/01/2022 |
| Unit of study | Credit points | A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition | Session |
|---|---|---|---|
Economics |
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Master of Economics |
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| Students 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 | |||
| (i) In addition, with prior written approval from the program director for the Master of Economics programs, it is possible for Masters students to count a maximum of one unit of study offered elsewhere in the University of Sydney. | |||
| (d) at least one specialisation: | |||
| (i) Economics Specialisation: 12 credit points in compulsory units and at least 6 credit points in elective units | |||
| (ii) Econometrics Specialisation: 6 credit points in compulsory units and at least 12 credit points in elective units | |||
| (iii) Financial Economics Specialisation: 6 credit points in prerequisite units, 12 credit points in compulsory units and at least 6 credit points in elective units | |||
| (e) a minimum of 6 credit points of capstone units of study. | |||
Graduate Diploma in Economics |
|||
| Students 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. | |||
Graduate Certificate in Economics |
|||
| Students complete 24 credit points, including: | |||
| (a) 24 credit points of foundation units of study. | |||
Foundation units of study |
|||
| ECMT5001 Principles of Econometrics |
6 | Semester 1 Semester 2 |
|
| ECON5001 Microeconomic Theory |
6 | N ECON5040 |
Intensive February Semester 1 Semester 2 |
| ECON5002 Macroeconomic Theory |
6 | N ECON5003 |
Intensive February Semester 1 Semester 2 |
| ECON5005 Quantitative Tools for Economics |
6 | Semester 1 Semester 2 |
|
Core units of study |
|||
| ECMT6002 Econometric Applications |
6 | P ECMT5001 N ECMT6702 |
Semester 1 Semester 2 |
| ECON5004 Communication in Economics |
6 | N BUSS5020 |
Semester 1 Semester 2 |
| ECON6001 Microeconomics Analysis 1 |
6 | P ECON5001 or ECON5040 N ECON6701 |
Semester 1 Semester 2 |
| ECON6002 Macroeconomics Analysis 1 |
6 | P ECON5002 N ECON6702 |
Semester 1 Semester 2 |
Elective units of study |
|||
| ECMT6003 Applied Business Forecasting |
6 | P ECMT6002 or ECMT6702 |
Semester 2 |
| ECMT6006 Applied Financial Econometrics |
6 | P ECMT6002 or ECMT6702 |
Semester 1 |
| ECMT6007 Analysis of Panel Data |
6 | P ECMT6002 or ECMT6702 |
Semester 1 |
| ECON5006 Economics of Law and Public Policy |
6 | P ECON5001 or ECON5040 |
Semester 1 |
| ECON5007 The Economics of Financial Markets |
6 | P ECON5001 or ECON5040 or ECON6701 |
Semester 2 |
| ECON5008 Behavioural Economics |
6 | P (ECON5001 or ECON5040 or ECON6701) and (ECMT5001 or ECMT6702 or QBUS5001) |
Intensive September |
| ECON5026 Strategic Business Relationships |
6 | P ECON5001 or ECON5040 |
Semester 2 |
| ECON6003 Mathematical Methods of Econ Analysis |
6 | P ECON5001 and ECON5002 N ECON6703 |
Semester 1 Semester 2 |
| ECON6006 Market Structure and Strategic Behaviour |
6 | P ECON6001 or ECOF6080 or ECON6701 |
Semester 1 Semester 2 |
| ECON6008 International Money and Finance |
6 | P (ECON5001 or ECON5040 or ECON6001 or ECON6701) and (ECON5002 or ECON6002 or ECON6702) and (ECMT5001 or QBUS5001 or QBUS5002 or ECMT6002 or ECMT6702) |
Semester 2 |
| ECON6009 Economics of the Labour Market |
6 | P ECON6001 or ECON6701 or ECON6002 or ECON6702 |
Semester 1 |
| ECON6010 Public Economics |
6 | P (ECON6001 or ECON6701) and (ECON6002 or ECON6702) |
Semester 2 |
| ECON6016 Trade and Development |
6 | P ECON5001 or ECON5002 or ECON5040 or ECON6701 or ECON6702 |
Semester 2 |
| ECON6018 Environmental Economics |
6 | P ECON5001 or ECON5040 or ECON6701 |
Semester 1 |
| ECON6021 Financial Economics |
6 | P (ECON6001 or ECON6701) and (ECON6002 or ECON6702) |
Semester 1 |
| ECON6023 International Trade |
6 | P ECON6001 or ECON6701 |
Semester 1 |
| ECON6024 Private Equity |
6 | P ECON5001 or ECON5040 or ECON5002 or ECON6701 or ECON6702 |
Semester 1 |
| ECON6025 Strategic Decision Making |
6 | P ECON6001 or ECOF6080 or ECON6701 |
Semester 2 |
| ECON6029 Health Economics and Policy Evaluation |
6 | P (ECON5001 or ECON5040 or ECON6701) and (ECMT5001 or ECMT6702 or QBUS5001) |
Semester 2 |
| ECON6031 International Finance and Globalisation This unit of study is not available in 2022 |
6 | P ECON5001 and ECON5002 |
Intensive April |
| ECON6034 Global Economic History |
6 | P ECON5001 and ECON5002 |
Semester 2 |
| ECON6101 Special Topics in Economics 1 |
6 | P (ECON5001 and ECON5002) or (ECON6701 and ECON6702) Note: Department permission required for enrolment Students must seek written permission from the School of Economics Postgraduate Coordinator to enrol in this unit. |
Semester 1 Semester 2 |
| ECON6102 Special Topics in Economics 2 |
6 | P (ECON5001 and ECON5002) or (ECON6701 and ECON6702) Note: Department permission required for enrolment |
Semester 1 Semester 2 |
| FINC5001 Foundation in Finance |
6 | Intensive February Semester 1 Semester 2 |
|
| FINC6000 Quantitative Finance and Derivatives This unit of study is not available in 2022 |
6 | A This unit requires students to have some background in calculus, matrices, statistics and probability. P FINC5001 N FINC5002 Refer to the unit of study outline https://www.sydney.edu.au/units |
Semester 1 |
| FINC6001 Finance: Theory to Applications |
6 | P FINC5001 Master of Commerce / Master of Commerce (Extension) students must complete this unit before the Capstone subject for this specialisation. |
Semester 1 Semester 2 |
| FINC6005 Advanced Asset Pricing This unit of study is not available in 2022 |
6 | P FINC5001 or FINC6000 Refer to the unit of study outline https://www.sydney.edu.au/units |
Semester 1 |
| FINC6009 Portfolio Theory and its Applications This unit of study is not available in 2022 |
6 | P FINC5001 or FINC6000 Refer to the unit of study outline https://www.sydney.edu.au/units |
Semester 2 |
| FINC6010 Derivative Securities |
6 | P FINC5001 |
Semester 1 Semester 2 |
| FINC6013 International Business Finance |
6 | P FINC5001 |
Semester 1 Semester 2 |
| FINC6014 Fixed Income Securities |
6 | P FINC5001 |
Semester 2 |
| FINC6015 Trading in Modern Financial Markets |
6 | P FINC5001 |
Semester 2 |
| FINC6017 Mergers and Acquisitions |
6 | A Calculation of free cash flows, trading multiples, discounted cash flow valuation methodology, valuation sensitivities, regression analysis. P FINC5001 N ACCT6011 |
Semester 2 |
| FINC6021 Corporate Valuation |
6 | P FINC5001 |
Semester 1 |
| FINC6023 Financial Risk Management |
6 | P FINC5001 |
Semester 1 |
| FINC6025 Entrepreneurial Finance |
6 | P FINC5001 |
Semester 1 |
| With the prior written approval of the Master of Economics degree director, it is possible for Master of Economics students to count a maximum of one unit of study offered elsewhere by the University of Sydney. Students wishing to do so must consult with the Master of Economics degree director and gain written approval in advance. | |||
Specialisations |
|||
Economics specialisation |
|||
| 12 credit points in compulsory units | |||
| ECON6001 Microeconomics Analysis 1 |
6 | P ECON5001 or ECON5040 N ECON6701 |
Semester 1 Semester 2 |
| ECON6002 Macroeconomics Analysis 1 |
6 | P ECON5002 N ECON6702 |
Semester 1 Semester 2 |
| At least 6 credit points of elective units from the following: | |||
| ECON5006 Economics of Law and Public Policy |
6 | P ECON5001 or ECON5040 |
Semester 1 |
| ECON5007 The Economics of Financial Markets |
6 | P ECON5001 or ECON5040 or ECON6701 |
Semester 2 |
| ECON5008 Behavioural Economics |
6 | P (ECON5001 or ECON5040 or ECON6701) and (ECMT5001 or ECMT6702 or QBUS5001) |
Intensive September |
| ECON5026 Strategic Business Relationships |
6 | P ECON5001 or ECON5040 |
Semester 2 |
| ECON6003 Mathematical Methods of Econ Analysis |
6 | P ECON5001 and ECON5002 N ECON6703 |
Semester 1 Semester 2 |
| ECON6006 Market Structure and Strategic Behaviour |
6 | P ECON6001 or ECOF6080 or ECON6701 |
Semester 1 Semester 2 |
| ECON6008 International Money and Finance |
6 | P (ECON5001 or ECON5040 or ECON6001 or ECON6701) and (ECON5002 or ECON6002 or ECON6702) and (ECMT5001 or QBUS5001 or QBUS5002 or ECMT6002 or ECMT6702) |
Semester 2 |
| ECON6009 Economics of the Labour Market |
6 | P ECON6001 or ECON6701 or ECON6002 or ECON6702 |
Semester 1 |
| ECON6010 Public Economics |
6 | P (ECON6001 or ECON6701) and (ECON6002 or ECON6702) |
Semester 2 |
| ECON6016 Trade and Development |
6 | P ECON5001 or ECON5002 or ECON5040 or ECON6701 or ECON6702 |
Semester 2 |
| ECON6018 Environmental Economics |
6 | P ECON5001 or ECON5040 or ECON6701 |
Semester 1 |
| ECON6021 Financial Economics |
6 | P (ECON6001 or ECON6701) and (ECON6002 or ECON6702) |
Semester 1 |
| ECON6023 International Trade |
6 | P ECON6001 or ECON6701 |
Semester 1 |
| ECON6024 Private Equity |
6 | P ECON5001 or ECON5040 or ECON5002 or ECON6701 or ECON6702 |
Semester 1 |
| ECON6025 Strategic Decision Making |
6 | P ECON6001 or ECOF6080 or ECON6701 |
Semester 2 |
| ECON6029 Health Economics and Policy Evaluation |
6 | P (ECON5001 or ECON5040 or ECON6701) and (ECMT5001 or ECMT6702 or QBUS5001) |
Semester 2 |
| ECON6031 International Finance and Globalisation This unit of study is not available in 2022 |
6 | P ECON5001 and ECON5002 |
Intensive April |
| ECON6034 Global Economic History |
6 | P ECON5001 and ECON5002 |
Semester 2 |
| ECON6101 Special Topics in Economics 1 |
6 | P (ECON5001 and ECON5002) or (ECON6701 and ECON6702) Note: Department permission required for enrolment Students must seek written permission from the School of Economics Postgraduate Coordinator to enrol in this unit. |
Semester 1 Semester 2 |
| ECON6102 Special Topics in Economics 2 |
6 | P (ECON5001 and ECON5002) or (ECON6701 and ECON6702) Note: Department permission required for enrolment |
Semester 1 Semester 2 |
Econometrics specialisation |
|||
| 6 credit points in compulsory units | |||
| ECMT6002 Econometric Applications |
6 | P ECMT5001 N ECMT6702 |
Semester 1 Semester 2 |
| At least 12 credit points of elective units from the following: | |||
| ECMT6003 Applied Business Forecasting |
6 | P ECMT6002 or ECMT6702 |
Semester 2 |
| ECMT6006 Applied Financial Econometrics |
6 | P ECMT6002 or ECMT6702 |
Semester 1 |
| ECMT6007 Analysis of Panel Data |
6 | P ECMT6002 or ECMT6702 |
Semester 1 |
Financial Economics specialisation |
|||
| 6 credit points in prerequisite units | |||
| FINC5001 Foundation in Finance |
6 | Intensive February Semester 1 Semester 2 |
|
| 12 credit points in compulsory units | |||
| ECMT6006 Applied Financial Econometrics |
6 | P ECMT6002 or ECMT6702 |
Semester 1 |
| ECON6021 Financial Economics |
6 | P (ECON6001 or ECON6701) and (ECON6002 or ECON6702) |
Semester 1 |
| At least 6 credit points in elective units from the following: | |||
| ECON6008 International Money and Finance |
6 | P (ECON5001 or ECON5040 or ECON6001 or ECON6701) and (ECON5002 or ECON6002 or ECON6702) and (ECMT5001 or QBUS5001 or QBUS5002 or ECMT6002 or ECMT6702) |
Semester 2 |
| ECON6024 Private Equity |
6 | P ECON5001 or ECON5040 or ECON5002 or ECON6701 or ECON6702 |
Semester 1 |
| ECON6031 International Finance and Globalisation This unit of study is not available in 2022 |
6 | P ECON5001 and ECON5002 |
Intensive April |
| FINC6000 Quantitative Finance and Derivatives This unit of study is not available in 2022 |
6 | A This unit requires students to have some background in calculus, matrices, statistics and probability. P FINC5001 N FINC5002 Refer to the unit of study outline https://www.sydney.edu.au/units |
Semester 1 |
| FINC6001 Finance: Theory to Applications |
6 | P FINC5001 Master of Commerce / Master of Commerce (Extension) students must complete this unit before the Capstone subject for this specialisation. |
Semester 1 Semester 2 |
| FINC6005 Advanced Asset Pricing This unit of study is not available in 2022 |
6 | P FINC5001 or FINC6000 Refer to the unit of study outline https://www.sydney.edu.au/units |
Semester 1 |
| FINC6009 Portfolio Theory and its Applications This unit of study is not available in 2022 |
6 | P FINC5001 or FINC6000 Refer to the unit of study outline https://www.sydney.edu.au/units |
Semester 2 |
| FINC6010 Derivative Securities |
6 | P FINC5001 |
Semester 1 Semester 2 |
| FINC6013 International Business Finance |
6 | P FINC5001 |
Semester 1 Semester 2 |
| FINC6014 Fixed Income Securities |
6 | P FINC5001 |
Semester 2 |
| FINC6015 Trading in Modern Financial Markets |
6 | P FINC5001 |
Semester 2 |
| FINC6017 Mergers and Acquisitions |
6 | A Calculation of free cash flows, trading multiples, discounted cash flow valuation methodology, valuation sensitivities, regression analysis. P FINC5001 N ACCT6011 |
Semester 2 |
| FINC6021 Corporate Valuation |
6 | P FINC5001 |
Semester 1 |
| FINC6023 Financial Risk Management |
6 | P FINC5001 |
Semester 1 |
| FINC6025 Entrepreneurial Finance |
6 | P FINC5001 |
Semester 1 |
Capstone unit of study |
|||
| ECON7030 Economics Research Project |
6 | P 24 credit points from Economics elective units of study N ECON7010 or ECON7020 |
Semester 1 Semester 2 |