Bachelor of Economics (BEc)

Course CodeFH029
Course TypeUndergraduate
Credit Points Required 144
CRICOS code003336G

Description

The reach and impact of economic issues and events makes this one of the most versatile and important programs of study available. Students complete a major in Economics or Econometrics and may combine this with majors in areas as diverse as finance, marketing and political economy. The career prospects are just as diverse, and opportunities range over both the private and public sectors. The Bachelor of Economics encourages students to concentrate their studies in a range of subject areas which are of central importance to the academic Discipline of Economics and to some of the specialised career patterns for graduates in Economics.

Course Rules

To be awarded the Bachelor of Economics, students must successfully complete a total of 144 credit points, comprising:

  • Four core units of study (24 junior credit points)
  • a major (or an extended major) in Economics OR a major (or an extended major) in Econometrics and a minimum of 12 senior credit points in Economics
  • No more than 60 credit points in junior units of study (1000-level)
  • At least 96 credit points in units of study from the Faculty of Economics and Business (no more than 48 credit points in units from another faculty).

Students who commenced prior to 2006 may complete their award under the pre-2006 award course resolutions.

Core units of study

Students must complete the following junior four units of study (24 credit points):

Majors, extended majors and electives

Students in the Bachelor of Economics must complete either a major (minimum of 36 senior credit points) or an extended major (minimum of 48 senior credit points) in either Economics or Econometrics. If a major or extended major in Econometrics is chosen then a minimum of 12 senior credit points in Economics must also be completed. Students may complete an extended major (minimum of 48 senior credit points) in either Economics or Econometrics. If an extended major in Econometrics is chosen then a minimum of 12 senior credit points in Economics must also be completed.

Students can also complete additional majors and electives from the Faculties of Economics and Business, Arts, Science, Education and Social Work or Agriculture, Food and Natural Resources, or from other faculties of the University of Sydney (subject to approval by the Faculty of Economics and Business). For other faculty majors, students should refer to the relevant faculty handbook for the exact requirements for the major you wish to complete.

Senior units of study may only be counted towards one extended major or major. The following list shows the majors from the Faculty of Economics and Business available for students enrolled in the Bachelor of Economics.

Please Note: A maximum of 48 credit points only from outside the Faculty of Economics and Business may be selected. This may restrict which majors from other faculties that can be completed under the Bachelor of Economics.

Enrolment Guide

Junior units of study

  • Students are required to complete four junior core units of study in Economics and Econometrics; and
  • Students complete any additional junior units of study required for other major/s and electives

Senior units of study

  • Students enrol in the senior units of study required for their compulsory major; and
  • any senior units of study required for their additional major/s.

The following tables list the two options for students under this degree based upon the compulsory major chosen: Option 1. Major or extended major in Economics and Option 2. Major or extended major in Econometrics and a minimum of 12 senior credit points in Economics. These tables show each option and illustrate a degree progression example for that option (for a student enrolled in the Bachelor of Economics on a full-time basis undertaking four units of study per semester). Core units of study and compulsory majors for the Bachelor of Economics are indicated in bold. Students should follow one of these options. (Note: In these examples, 'E&B' is an abbreviation fo 'Economics and Business').

Option 1. Major or extended major in Economics

Area of studyMajorExtended major

Economics

36 credit points
(2 compulsory + 4 elective = six senior units)

48 credit points
(2 compulsory + 6 elective = eight senior units)

Option 1. Degree Progression Example

Year / SemesterUnit of study 1Unit of study 2Unit of study 3Unit of study 4Total credit points

Year 1
Semester 1

Introductory Microeconomics

Business and Economic Statistics A

E&B junior (major or elective)

junior (major or elective)

24

Year 1
Semester 2

Introductory Macroeconomics

Business and Economic Statistics B

E&B junior (major or elective)

junior (major or elective)

24

Year 2
Semester 1

Intermediate Microeconomics

E&B senior (major or elective)

senior (major or elective)

senior (major or elective)

24

Year 2
Semester 2

Intermediate Macroeconomics

E&B senior (major or elective)

senior (major or elective)

senior (major or elective)

24

Year 3
Semester 1

Economics senior (major)

Economics senior (major)

Economics senior (extended major) *
OR
E&B senior (major or elective)

senior (major or elective)

24

Year 3
Semester 2

Economics senior (major)

Economics senior (major)

Economics senior (extended major) *
OR
E&B senior (major or elective)

senior (major or elective)

24

* Note. For the extended major at least eight senior units of study must be completed.

Option 2. Major or extended major in Econometrics and a minimum of 12 senior credit points in Economics

Area of studyMajorExtended major

Econometrics

36 credit points
(2 compulsory + 4 elective = six senior units)

48 credit points
(2 compulsory + 6 elective = eight senior units)

AND

Area of studyMinimum senior units

Economics

12 senior credit points
(two senior units)

Option 2. Degree Progression Example

Year / SemesterUnit of study 1Unit of study 2Unit of study 3Unit of study 4Total credit points

Year 1
Semester 1

Business and Economic Statistics A

Introductory Microeconomics

E&B junior (major or elective)

junior (major or elective)

24

Year 1
Semester 2

Business and Economic Statistics B

Introductory Macroeconomics

E&B junior (major or elective)

junior (major or elective)

24

Year 2
Semester 1

Regression Modelling

senior Economics (elective)

senior (major or elective)

senior (major or elective)

24

Year 2
Semester 2

Econometrics senior (major)

senior Economics (elective)

senior (major or elective)

senior (major or elective)

24

Year 3
Semester 1

Econometrics Models and Methods

Econometrics senior (major)

Econometrics senior (extended major) *
OR
E&B senior (major or elective)

senior (major or elective)

24

Year 3
Semester 2

Econometrics senior (major)

Econometrics senior (major)

Econometrics senior (extended major) *
OR
E&B senior (major or elective)

senior (major or elective)

24

* Note. For the extended major at least eight senior units of study must be completed.

Please Note: These degree progressions are meant as examples only. Students may complete units of study in a different order to that set in these tables (depending upon unit prerequisites and other requirements of the degree and major).

Sample Degree Progressions - majors and major combinations

Please click on the links below to download some of the possible major/unit of study combinations for the Bachelor of Economics.

Please Note. The information listed in these program of study examples are meant as a guide only. This information is intended for students who commenced their degree from 2010. Students should always check the requirements for individual units of study and majors (see information at the bottom of this webpage. Students are advised to plan their degree based upon their individual needs and to contact the Student Information Office if they need any assistance in planning their progression in their degree. For majors from other Faculties, students are advised to contact the relevant Department, Discipline or School for further information on what is needed to complete these majors.

Accreditation

Professional Accounting Accreditation

Students planning to satisfy the entry requirements of CPA Australia or the Institute of Chartered Accountants in Australia should include in their course a prescribed set of units of study, including units of study from Accounting, Business Law, Business Information Systems and Finance. The required units of study are listed under Professional accreditation in accounting.

Australian Computer Society (ACS) Accreditation

Students planning to satisfy the entry requirements of the ACS should include in their course a prescribed set of units of study, including a major in Business Information Systems. The required units of study are listed underBusiness Information Systems.

Australian Human Resources Institute (AHRI) Accreditation

All undergraduate award courses incorporating a major in Industrial Relations and Human Resource Management are AHRI-accredited. Students wishing to satisfy the requirements for professional membership of AHRI should include this major in their course. The required units of study for the major are listed under Industrial Relations and Human Resource Management.

Honours Year

For details the honours program, including honours preparation, admission requirements and areas of study available, please check the Honours information on this website.