Economics
Unit of study table
| This page was first published on 15 November 2023 and was last amended on 10 January 2024. View details of the changes below. |
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Master of Economics |
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| Students complete 96 credit points from this table, including: |
| (a) 24 credit points of foundation units of study; |
| (b) 24 credit points of core units of study; |
| (c) a maximum of 42 credit points of elective units of study; of which a maximum of 6 credit points may be taken from elsewhere in the University of Sydney, with prior permission of the relevant delegate; |
| (d) at least one specialisation: |
| (i) Economics specialisation: 12 credit points of compulsory units and at least 6 credit points of elective units |
| (ii) Econometrics specialisation: 6 credit points of compulsory units and at least 12 credit points of elective units |
| (iii) Financial Economics specialisation: 6 credit points of prerequisite units, 12 credit points of compulsory units, and at least 6 credit points of elective units |
| (e) 6 credit points of capstone units of study. |
Graduate Diploma in Economics |
| Students complete 48 credit points from this table, including: |
| (a) 24 credit points of foundation units of study; and |
| (b) 24 credit points of core units of study. |
Graduate Certificate in Economics |
| Students complete 24 credit points from this table, including: |
| (a) 24 credit points of foundation units of study. |
| Unit of study | Credit points | A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition |
|---|---|---|
Foundation units of study | ||
| ECMT5001 Principles of Econometrics | 6 | |
| ECON5001 Microeconomic Theory | 6 | N ECON5040 |
| ECON5002 Macroeconomic Theory | 6 | N ECON5003 |
| ECON5005 Quantitative Tools for Economics | 6 | |
Core units of study | ||
| ECMT6002 Econometric Applications | 6 | P ECMT5001 N ECMT6702 |
| ECON5004 Communication in Economics | 6 | N BUSS5020 |
| ECON6001 Microeconomic Analysis 1 | 6 | P ECON5001 or ECON5040 N ECON6701 |
| ECON6002 Macroeconomic Analysis 1 | 6 | P ECON5002 N ECON6702 |
Elective units of study | ||
| ECMT6003 Applied Business Forecasting | 6 | P ECMT6002 or ECMT6702 |
| ECMT6006 Applied Financial Econometrics | 6 | P ECMT6002 or ECMT6702 |
| ECMT6007 Analysis of Panel Data | 6 | P ECMT6002 or ECMT6702 |
| ECON5006 Economics of Law and Public Policy | 6 | P ECON5001 or ECON5040 |
| ECON5007 The Economics of Financial Markets | 6 | P ECON5001 or ECON5040 or ECON6701 |
| ECON5008 Behavioural Economics | 6 | P (ECON5001 or ECON5040 or ECON6701) and (ECMT5001 or ECMT6702 or QBUS5001) |
| ECON5026 Strategic Business Relationships | 6 | P ECON5001 or ECON5040 |
| ECON6003 Mathematical Methods of Econ Analysis | 6 | P ECON5001 and ECON5002 N ECON6703 |
| ECON6006 Market Structure and Strategic Behaviour | 6 | P ECON6001 or ECOF6080 or ECON6701 |
| 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) |
| ECON6009 Economics of the Labour Market | 6 | P ECON6001 or ECON6701 or ECON6002 or ECON6702 |
| ECON6010 Public Economics | 6 | P (ECON6001 or ECON6701) and (ECON6002 or ECON6702) |
| ECON6016 Trade and Development | 6 | P ECON5001 or ECON5002 or ECON5040 or ECON6701 or ECON6702 |
| ECON6018 Environmental Economics | 6 | P ECON5001 or ECON5040 or ECON6701 |
| ECON6021 Financial Economics | 6 | P (ECON6001 or ECON6701) and (ECON6002 or ECON6702) |
| ECON6023 International Trade | 6 | P ECON6001 or ECON6701 |
| ECON6024 Private Equity | 6 | P ECON5001 or ECON5040 or ECON5002 or ECON6701 or ECON6702 |
| ECON6025 Strategic Decision Making | 6 | P ECON6001 or ECOF6080 or ECON6701 |
| ECON6029 Health Economics and Policy Evaluation | 6 | P (ECON5001 or ECON5040 or ECON6701) and (ECMT5001 or ECMT6702 or QBUS5001) |
| ECON6031 International Finance and Globalisation | 6 | P ECON5001 and ECON5002 |
| ECON6034 Global Economic History | 6 | P ECON5001 and ECON5002 |
| ECON6101 Special Topic in Economics 1 | 6 | P (ECON5001 and ECON5002) or (ECON6701 and ECON6702) |
| ECON6102 Special Topic in Economics 2 | 6 | P (ECON5001 and ECON5002) or (ECON6701 and ECON6702) |
| FINC5001 Foundation in Finance | 6 | |
| FINC6000 Quantitative Finance and Derivatives | 6 | A This unit requires students to have some background in calculus, matrices, statistics and probability P FINC5001 N FINC5002 |
| 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. |
| FINC6005 Advanced Asset Pricing | 6 | P FINC5001 or FINC6000 |
| FINC6009 Portfolio Theory and its Applications | 6 | P FINC5001 or FINC6000 |
| FINC6010 Derivative Securities | 6 | P FINC5001 |
| FINC6013 International Business Finance | 6 | P FINC5001 |
| FINC6014 Fixed Income Securities | 6 | P FINC5001 |
| FINC6015 Trading in Modern Financial Markets | 6 | P FINC5001 |
| 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 |
| FINC6021 Corporate Valuation | 6 | P FINC5001 |
| FINC6023 Financial Risk Management | 6 | P FINC5001 |
| FINC6025 Entrepreneurial Finance | 6 | P FINC5001 |
Specialisations | ||
Economics specialisation | ||
| 12 credit points of compulsory units | ||
| ECON6001 Microeconomic Analysis 1 | 6 | P ECON5001 or ECON5040 N ECON6701 |
| ECON6002 Macroeconomic Analysis 1 | 6 | P ECON5002 N ECON6702 |
| At least 6 credit points of elective units from the following: | ||
| ECON5006 Economics of Law and Public Policy | 6 | P ECON5001 or ECON5040 |
| ECON5007 The Economics of Financial Markets | 6 | P ECON5001 or ECON5040 or ECON6701 |
| ECON5008 Behavioural Economics | 6 | P (ECON5001 or ECON5040 or ECON6701) and (ECMT5001 or ECMT6702 or QBUS5001) |
| ECON5026 Strategic Business Relationships | 6 | P ECON5001 or ECON5040 |
| ECON6003 Mathematical Methods of Econ Analysis | 6 | P ECON5001 and ECON5002 N ECON6703 |
| ECON6006 Market Structure and Strategic Behaviour | 6 | P ECON6001 or ECOF6080 or ECON6701 |
| 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) |
| ECON6009 Economics of the Labour Market | 6 | P ECON6001 or ECON6701 or ECON6002 or ECON6702 |
| ECON6010 Public Economics | 6 | P (ECON6001 or ECON6701) and (ECON6002 or ECON6702) |
| ECON6016 Trade and Development | 6 | P ECON5001 or ECON5002 or ECON5040 or ECON6701 or ECON6702 |
| ECON6018 Environmental Economics | 6 | P ECON5001 or ECON5040 or ECON6701 |
| ECON6021 Financial Economics | 6 | P (ECON6001 or ECON6701) and (ECON6002 or ECON6702) |
| ECON6023 International Trade | 6 | P ECON6001 or ECON6701 |
| ECON6024 Private Equity | 6 | P ECON5001 or ECON5040 or ECON5002 or ECON6701 or ECON6702 |
| ECON6025 Strategic Decision Making | 6 | P ECON6001 or ECOF6080 or ECON6701 |
| ECON6029 Health Economics and Policy Evaluation | 6 | P (ECON5001 or ECON5040 or ECON6701) and (ECMT5001 or ECMT6702 or QBUS5001) |
| ECON6031 International Finance and Globalisation | 6 | P ECON5001 and ECON5002 |
| ECON6034 Global Economic History | 6 | P ECON5001 and ECON5002 |
| ECON6101 Special Topic in Economics 1 | 6 | P (ECON5001 and ECON5002) or (ECON6701 and ECON6702) |
| ECON6102 Special Topic in Economics 2 | 6 | P (ECON5001 and ECON5002) or (ECON6701 and ECON6702) |
Econometrics specialisation | ||
| 6 credit points of compulsory units | ||
| ECMT6002 Econometric Applications | 6 | P ECMT5001 N ECMT6702 |
| At least 12 credit points of elective units from the following: | ||
| ECMT6003 Applied Business Forecasting | 6 | P ECMT6002 or ECMT6702 |
| ECMT6006 Applied Financial Econometrics | 6 | P ECMT6002 or ECMT6702 |
| ECMT6007 Analysis of Panel Data | 6 | P ECMT6002 or ECMT6702 |
Financial Economics specialisation | ||
| 6 credit points of prerequisite units | ||
| FINC5001 Foundation in Finance | 6 | |
| 12 credit points of compulsory units | ||
| ECMT6006 Applied Financial Econometrics | 6 | P ECMT6002 or ECMT6702 |
| ECON6021 Financial Economics | 6 | P (ECON6001 or ECON6701) and (ECON6002 or ECON6702) |
| At least 6 credit points of 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) |
| ECON6024 Private Equity | 6 | P ECON5001 or ECON5040 or ECON5002 or ECON6701 or ECON6702 |
| ECON6031 International Finance and Globalisation | 6 | P ECON5001 and ECON5002 |
| FINC6000 Quantitative Finance and Derivatives | 6 | A This unit requires students to have some background in calculus, matrices, statistics and probability P FINC5001 N FINC5002 |
| 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. |
| FINC6005 Advanced Asset Pricing | 6 | P FINC5001 or FINC6000 |
| FINC6009 Portfolio Theory and its Applications | 6 | P FINC5001 or FINC6000 |
| FINC6010 Derivative Securities | 6 | P FINC5001 |
| FINC6013 International Business Finance | 6 | P FINC5001 |
| FINC6014 Fixed Income Securities | 6 | P FINC5001 |
| FINC6015 Trading in Modern Financial Markets | 6 | P FINC5001 |
| 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 |
| FINC6021 Corporate Valuation | 6 | P FINC5001 |
| FINC6023 Financial Risk Management | 6 | P FINC5001 |
| FINC6025 Entrepreneurial Finance | 6 | P FINC5001 |
Capstone unit of study | ||
| ECON7030 Economics Research Project | 6 | P 24 credit points from Economics elective units of study N ECON7010 or ECON7020 |