University of Sydney Handbooks - 2021 Archive

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Bachelor of Economics, Bachelor of Economics/Bachelor of Advanced Studies

Economics is a diverse, fascinating discipline that studies a wide range of issues that shape the broad framework of society – political, social and commercial. The School of Economics has a proud history as one of the most highly ranked centres in economics globally. This is reflected in our degrees, which promote a deep understanding of the key concepts of economics with a focus on contemporary issues of Australian and international importance. Our graduates are leaders in their fields. They also go on to further study at some of the finest institutions in the world.

As a student undertaking the Bachelor of Economics, you must complete a program in economics which includes at least one major from the School’s list of undergraduate majors. You will choose a minor or a second major from a range of subject areas including humanities, social sciences, business and STEM. You will also complete 12 credit points of Open Learning Environment (OLE) units. This will provide you with exciting opportunities for an enriched degree experience.

You will be equipped with the key skills to work in fields such as the financial and banking sectors, leading policy institutions and NGOs, the commodities and futures markets, financial journalism, business and consulting.

Degree structure and Requirements

1. Bachelor of Economics

To qualify for the award of the Bachelor of Economics degree, candidates must complete 144 credit points in total, comprising:

2. Bachelor of Economics/Bachelor of Advanced Studies

To qualify for the award of the Bachelor of Economics/Bachelor of Advanced Studies, a candidate must complete 192 credit points, comprising:

Majors, minors, and programs

A major consists of 48 credit points in a single subject area. A minor consists of 36 credit points in a single subject area. A program consists of 72 credit points in a single subject area.

In the Bachelor of Economics, and the Bachelor of Economics and Bachelor of Advanced Studies students must select an Economics program offered by the School of Economics to fulfil the requirements of their degree.

Students enrolled in the Bachelor of Economics must also complete a minor or major from Table A or Table S (Interdisciplinary Studies) to meet degree requirements. Students enrolled in the Bachelor of Economics and Bachelor of Advanced Studies must complete a second major from the Table A Subject Areas or Table S.


Overlapping 1000 level core units in School of Economics majors


Where students are completing two School of Economics majors, for example both an Economics major and a major in Financial Economics or Environmental, Agricultural and Research Economics, where either or both of ECON1001 Introductory Microeconomics and ECON1002 Introductory Macroeconomics are core units for both majors, the overlapping 1000 level core unit/s can count towards the requirements for both majors.

Students then need to complete 6 or 12 credit points as relevant in elective units of study to make up for the overlap and ensure the required total of credit points are completed for their degree. The elective unit can be from the School of Economics electives or from Table S. For more information please refer to the Economics Degree Subject Area.

Where core units in a major at 2000 level overlap, for example ECOS2001 Intermediate Microeconomics in the Economics major and the Financial Economics or Environmental, Agricultural and Resource Economics majors, the overlapping unit may not be counted towards both majors. Students will need to substitute the overlapping core in one of the majors with an alternative 2000 or 3000 level unit of study from the School of Economics. For more information please refer to the Economics Degree Subject Area.

Advanced Coursework

The Advanced Coursework option provides students with the opportunity to broaden and deepen their subject knowledge and conduct a research project.

Requirements and units of study for advanced coursework can be found on the Economics advanced coursework units of study page.

Honours

Sydney’s School of Economics is one of a handful of schools that provide a dedicated Honours stream from second year, with smaller classes to facilitate greater interaction with academic staff and other students. Our program is built upon a core of advanced microeconomics and macroeconomics courses. We also require students to strengthen their mathematical and data analysis skills. This core of subjects prepares students for a wide range of electives in their Honours year. The courses are challenging, and as students undertake advanced coursework and conduct independent research they develop their analytical, problem solving, writing, presentation and time-management skills.

Preparation for the final honours year in Economics or Econometrics at the University of Sydney begins in the second year of the undergraduate degree, with dedicated honours program units in both the second and third year. Entry into the Economics or Econometrics honours program is also possible in the third and fourth years, but the entry criteria are higher for students who take this pathway than for students who begin in their second year. Students entering in later years will also need to complete some units from the second and third years of the honours program.

Please see the Economics subject area or the Econometrics subject area for information regarding admission and requirements.

Dalyell stream

The Dalyell stream is a targeted stream for high achievers. Students who participate in the Dalyell stream are known as the ‘Dalyell Scholars’. As a Dalyell Scholar students will have access to curricular and extra-curricular activities.

Dalyell Scholars must take 12 credit points of Dalyell stream units in addition to their degree requirements.

Dalyell stream units emphasise the development of vision, depth of understanding, adaptability, breadth of perspective, societal contribution and a high level of capability in operating across disciplinary and cultural boundaries. Dalyell Scholars may take Dalyell stream units offered by any faculty.

Additionally with the permission of the Dalyell Program Director, students will have access to enrichment and accelerated units of study that can be competed as electives.

For further details regarding the Dalyell stream, please refer to the Interdisciplinary Studies Handbook.

Table O - Open Learning Environment (OLE)

Students enrolled in the Bachelor of Economics, and the Bachelor of Economics and Bachelor of Advanced Studies are required to complete at least 12 credit points in units of study from the Open Learning Environment (OLE) to meet the requirements for their degree/s.

Details of available OLE units can be found in Table O in the Interdisciplinary Studies Handbook.

Table S - Interdisciplinary Studies (Shared pool)

Students enrolled in the Bachelor of Economics and the Bachelor of Economics and Bachelor of Advanced Studies can complete a second major or minor in a wide range of subject areas offered by the University of Sydney through the shared pool of majors and minors.

The available subject areas for majors and minors and their requirements can be found in the Interdisciplinary Studies Handbook.

The following areas offer majors and minors in this shared pool:

  • Architecture and Interaction Design;
  • Arts and Social Sciences;
  • Business and Commerce;
  • Education and Social Work;
  • Engineering and Computer Science;
  • Health, Medicine and Dentistry;
  • Music; and
  • Science, Agriculture, Environment and Veterinary Science.

Electives

Students enrolled in the Bachelor of Economics, and the Bachelor of Economics and Bachelor of Advanced Studies can complete elective units of study from the subject areas listed in Table A (Faculty of Arts and Social Sciences) and Table S (shared pool).

The available units of study are listed in the Table A Subject Areas of this handbook and Table S in the Interdisciplinary Studies handbook.