Economics Major (Master of Economics)
Description
The Economics major builds a clear understanding of the overall context of business and government. The core units, with their strong focus on social data and events, give graduates the competitive edge in areas of analysis and policy work. The Discipline of Economics at the University of Sydney is one of the important training grounds for Economists in the region. The Economics major includes in-depth analysis of microeconomics and macroeconomics, investigating market structure and strategic business decisions. An international focus on money and finance is paramount in keeping up with the globalised nature of contemporary economics. As well as providing essential perspectives on international economics, the course includes the study of industrial competitiveness, as well as trade and development, and bank management.
Requirements for the major
To obtain an Economics major, students must complete at least three units of study (18 credit points), comprising:
- two compulsory units of study (12 credit points):
- at least one of the following elective units of study (six credit points):
- ECON6003 Mathematical Methods of Economic Analysis
- ECON6006 Market Structure and Strategic Behaviour
- ECON6008 International Money and Finance
- ECON6009 Economics of the Labour Market
- ECON6016 Trade and Development
- ECON6018 Environmental Economics
- ECON6021 Financial Economics
- ECON6023 International Trade
- ECON6025 Strategic Decision Making
- ECON6026 Strategic Business Relationships
- ECON6027 Experimental Economics
- ECON6101 Special Topic in Economics
- ECON6901 Microeconomic Analysis 2
- ECON6902 Macroeconomic Analysis 2
- IBUS6018 Business Negotiations (new unit for 2010)
Please Note: The units listed above are those units which are being offered for the current year only. For details of units of study that available as electives in this major, please refer to the Faculty handbook.
Sequence of study example
The following table illustrates an example sequence of study for a student studying full-time in the Master of Economics (four units of study per semester) completing the requirements for an Economics major. (In this example, compulsory foundation units of study are in bold, compulsory units for the degree are in italics, and units required for the Economics major are underlined)
| Year | Semester | Units of study | Total credit points | |||
|---|---|---|---|---|---|---|
1 | 1 | Microeconomic Theory | Macroeconomic Theory | Principles of Econometrics | elective or unit for major | 24 |
2 | Econometric Applications | elective or unit for major | elective or unit for major | unit for Economics major* OR elective | 24 | |
2 | 1 | Microeconomic Analysis 1 | Macroeconomic Analysis 1 | Mathematical Methods of Economic Analysis | unit for Economics major* OR elective | 24 |
* Students can complete their elective unit/s of study for the Economics major in any semester, subject to pre/corequisite requirements.
Please Note: The information listed in this example is based on unit of study offerings for 2010 and is meant as a guide only.Students are usually able to complete the units of study for their degree in different sequences to that listed above and should always check the requirements for individual units of study before attempting to enrol in them. For example, local full-time students may complete three units of study per semester or students may be able to complete units in the Summer or Winter School sessions and in most cases complete a second major. Students are advised to plan their degree based upon individual needs and to contact the Student Information Office if any assistance in degree progression planning is required.
Availability of this major
This major is available under the Master of Economics only.