Econometrics
About the major
The major in Econometrics focuses on the application of mathematical and statistical techniques to the analysis of social, financial, business and economic data, which is available in ever-increasing quantity and complexity. It blends the essentials of economics with a balanced and rigorous training in modern econometric theory and associated empirical methods. This major is training for an area of high employer demand, with employers increasingly looking for graduates with highly sophisticated quantitative skills.
Mathematics assumed knowledge
Mathematics is an essential tool in the study of econometrics. Students entering this major/minor are assumed to have prior knowledge of mathematics equivalent to a minimum result of Band 4 in the NSW Higher School Certificate course, Mathematics Advanced. Students who do not possess the assumed knowledge are strongly advised to enrol in ECON1003 Quantitative Methods in Economics prior to or concurrently with ECMT1010 Introduction to Economic Statistics.
Mathematics prerequisites and Mathematics Learning Support
In 2024, some mathematics prerequisites for undergraduate students commencing in Semester 1 2025 were removed.
It has been identified that this curriculum component (Program, Major or Minor) has been affected. To ensure success, make sure you are aware of the required level of mathematics (assumed knowledge) for this curriculum component. Visit the mathematics learning support webpage, to understand your pathway to success, including the sequence of units you should complete and the support services available.
Requirements for completion
The Econometrics major and minor requirements are listed in the Econometrics unit of study table.
Overlapping 1000-level core units of study
An overlap in core units of study occurs with certain combinations of majors. For example, the core unit ECMT1010 Introduction to Economic Statistics is common to the Econometrics and Financial Economics majors. This situation also arises between the Econometrics major and majors offered by the Business School and Faculty of Science. For example, the 1000-level core unit in the Finance major (Business School), BUSS1020 Quantitative Business Analysis, is equivalent to ECMT1010 Introduction to Economic Statistics. Bachelor of Economics students are required to complete the core units specified for the Bachelor of Economics rather than equivalent units offered by other faculties.
Up to two overlapping 1000-level core units may count towards the requirements of two majors. To make up the credit points for the overlapping unit(s), students must complete elective units as appropriate.
Advanced coursework
Students enrolled in the final (fourth) year of a Bachelor of Advanced Studies combined degree are required to complete a minimum of 24 credit points of Advanced Coursework. Details of advanced coursework units of study in Economics can be found on the advanced coursework units of study page.
Honours
Honours in Econometrics may be undertaken in certain appended honours degrees such as the Bachelor of Economics (Honours).
Admission criteria
Applicants are required to have:
- completed the requirements of a bachelor's degree from the University of Sydney, including a major in Econometrics with a minimum weighted average mark of 70, or an equivalent qualification
- For pre-July 2024 students undertaking a Bachelor of Advanced Studies, a second major is also required;
- completed advanced (2000-level) units of study in microeconomics and macroeconomics; and
- evidence of support from the School of Economics Honours Coordinator or delegate (e.g., email correspondence)
Requirements for completion
Requirements and units of study for Honours can be found on the Econometrics Honours units of study page.
Contacts and further information
