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Unit of study_

ECON7030: Economics Research Project

Semester 1, 2022 [Normal day] - Camperdown/Darlington, Sydney

This unit represents a culminating academic experience for students in the MEc by bringing together their knowledge in Economic theory and methodology to analyse an economic problem of their choice. This unit involves the writing and completion of a 6,000 word report. The emphasis is on students acquiring skills in identifying an economic problem, undertaking the required analysis using appropriate tools and disseminating the results.

Unit details and rules

Unit code ECON7030
Academic unit Economics
Credit points 6
ECON7010 or ECON7020
24 credit points from Economics elective units of study
Assumed knowledge


Available to study abroad and exchange students


Teaching staff

Coordinator Chandana Maitra,
Type Description Weight Due Length
Assignment Presentation
Select replication paper, propose preliminary extension plan
15% Week 03
Due date: 12 Mar 2022 at 23:59
Pre-recorded video submiss (~800 words)
Outcomes assessed: LO1 LO2 LO5
Assignment Pure replication & detailed extension plan
Present descriptive statistics key results, detailed plan for completion
25% Week 06
Due date: 02 Apr 2022 at 23:59
1200 words
Outcomes assessed: LO1 LO3 LO5
Assignment Capstone diary
Reflections about capstone project and evidence of consistent effort
10% Week 12
Due date: 21 May 2022 at 23:59
500 words
Outcomes assessed: LO1 LO2 LO3 LO5
Assignment Final project report
Complete project report submission
50% Week 13
Due date: 28 May 2022 at 23:59
3000 words
Outcomes assessed: LO1 LO2 LO3 LO4 LO5

Assessment summary

Detailed information for each assessment can be found on Canvas.

Assessment criteria

The University awards common result grades, set out in the Coursework Policy 2014 (Schedule 1).

As a general guide, a High distinction indicates work of an exceptional standard, a Distinction a very high standard, a credit a good standard, and a pass an acceptable standard.

Result name

Mark range


High distinction

85 - 100



75 - 84



65 - 74



50 - 64



0 - 49

When you don’t meet the learning outcomes of the unit to a satisfactory standard.

For more information see

For more information see guide to grades.

Late submission

In accordance with University policy, these penalties apply when written work is submitted after 11:59pm on the due date:

  • Deduction of 5% of the maximum mark for each calendar day after the due date.
  • After ten calendar days late, a mark of zero will be awarded.

This unit has an exception to the standard University policy or supplementary information has been provided by the unit coordinator. This information is displayed below:

Any written work submitted after the specified time on the due date will be penalised by 5% of the maximum awardable mark for each calendar day after the due date. If the assessment is submitted more than ten calendar days late, a mark of zero will be awarded.

Academic integrity

The Current Student website  provides information on academic integrity and the resources available to all students. The University expects students and staff to act ethically and honestly and will treat all allegations of academic integrity breaches seriously.  

We use similarity detection software to detect potential instances of plagiarism or other forms of academic integrity breach. If such matches indicate evidence of plagiarism or other forms of academic integrity breaches, your teacher is required to report your work for further investigation.

You may only use artificial intelligence and writing assistance tools in assessment tasks if you are permitted to by your unit coordinator, and if you do use them, you must also acknowledge this in your work, either in a footnote or an acknowledgement section.

Studiosity is permitted for postgraduate units unless otherwise indicated by the unit coordinator. The use of this service must be acknowledged in your submission.

Simple extensions

If you encounter a problem submitting your work on time, you may be able to apply for an extension of five calendar days through a simple extension.  The application process will be different depending on the type of assessment and extensions cannot be granted for some assessment types like exams.

Special consideration

If exceptional circumstances mean you can’t complete an assessment, you need consideration for a longer period of time, or if you have essential commitments which impact your performance in an assessment, you may be eligible for special consideration or special arrangements.

Special consideration applications will not be affected by a simple extension application.

Using AI responsibly

Co-created with students, AI in Education includes lots of helpful examples of how students use generative AI tools to support their learning. It explains how generative AI works, the different tools available and how to use them responsibly and productively.

WK Topic Learning activity Learning outcomes
Week 01 Introduction to the Unit, Research & Replication 1. Activity: Choose your replication paper Lecture (3 hr) LO1 LO2 LO3 LO4 LO5
Week 02 Research & Replication 2. Joining the conversation: use a literature review to contextualize your contribution. Use the literature review to refine your extension plan. Lecture (3 hr) LO1 LO2
Week 03 Research question, meet method: how to answer your research question? Submit a tentative extension plan of the selected replication paper using pre-recorded video presentation. Get peer feedback. Workshop (3 hr) LO1 LO2
Week 04 Reality check: access the data provided by the author of your replication paper, identify the challenges in processing the data, identify software issues. Keep refining your extension plan. Workshop (3 hr) LO3 LO4
Week 05 Reality check: start exploring the data, present summary statistics to ensure project feasibility. Keep refining your extension plan. Workshop (3 hr) LO3 LO4
Week 06 Reproduce the descriptive statistics and key result of your selected replication paper. Submit pure replication of key results, along with a brief literature review and detailed step-by-step completion plan of your replication project. Workshop (3 hr) LO1 LO2 LO3 LO4 LO5
Week 07 Your extension: Get started on your proposed extension. As always, start with the descriptive statistics. If you need access to new/additional data make sure that you have already organized access. Workshop (3 hr) LO4 LO5
Week 08 Integrate feedback you have received so far and develop analysis. By now you should have solved any issue with data and software access. Workshop (3 hr) LO3 LO4 LO5
Week 09 Know your weaknesses: get the preliminary results of your proposed extension, identify where you might have gone wrong and how you should revise your model. Workshop (3 hr) LO3 LO4 LO5
Week 10 Finding the story in your data/model: submit preliminary extension results as formative assessment for feedback. What do your results tell us about the economic issue(s) that you have chosen to study? Workshop (3 hr) LO3 LO4 LO5
Week 11 Engage in critical analysis: Identify, describe potential alternative explanations for your findings and discuss the relative merit of these explanations Workshop (3 hr) LO1 LO2 LO3 LO4 LO5
Week 12 Integrate the pieces into a draft final report. Workshop (3 hr) LO1 LO2 LO3 LO4 LO5
Week 13 Revise in response to feedback, prepare final project submission Workshop (3 hr) LO1 LO2 LO3 LO4 LO5

Attendance and class requirements

  • Attendance: According to Faculty Board Resolutions, students in the Faculty of Arts and Social Sciences are expected to attend 90% of their classes. If you attend less than 50% of classes, regardless of the reasons, you may be referred to the Examiner’s Board. The Examiner’s Board will decide whether you should pass or fail the unit of study if your attendance falls below this threshold.

  • Lecture recording: Most lectures (in recording-equipped venues) will be recorded and may be made available to students on the LMS. However, you should not rely on lecture recording to substitute your classroom learning experience.

  • Preparation: Students should commit to spend approximately three hours’ preparation time (reading, studying, homework, essays, etc.) for every hour of scheduled instruction.

Study commitment

Typically, there is a minimum expectation of 1.5-2 hours of student effort per week per credit point for units of study offered over a full semester. For a 6 credit point unit, this equates to roughly 120-150 hours of student effort in total.

Required readings

All readings for this unit will be available in Canvas.

Learning outcomes are what students know, understand and are able to do on completion of a unit of study. They are aligned with the University's graduate qualities and are assessed as part of the curriculum.

At the completion of this unit, you should be able to:

  • LO1. Identify a well-defined research question and, where appropriate, formulate testable hypotheses.
  • LO2. Synthesise the relevant literature and identify an area of potential contribution.
  • LO3. Apply economic analysis to address a specific research question.
  • LO4. Use appropriate empirical or theoretical tools to provide insight into the economic issue(s) under study and discuss the advantages of the chosen approach relative to other methods.
  • LO5. Communicate the result of the economic analysis to both specialist and non-specialist audiences in both written and verbal form.

Graduate qualities

The graduate qualities are the qualities and skills that all University of Sydney graduates must demonstrate on successful completion of an award course. As a future Sydney graduate, the set of qualities have been designed to equip you for the contemporary world.

GQ1 Depth of disciplinary expertise

Deep disciplinary expertise is the ability to integrate and rigorously apply knowledge, understanding and skills of a recognised discipline defined by scholarly activity, as well as familiarity with evolving practice of the discipline.

GQ2 Critical thinking and problem solving

Critical thinking and problem solving are the questioning of ideas, evidence and assumptions in order to propose and evaluate hypotheses or alternative arguments before formulating a conclusion or a solution to an identified problem.

GQ3 Oral and written communication

Effective communication, in both oral and written form, is the clear exchange of meaning in a manner that is appropriate to audience and context.

GQ4 Information and digital literacy

Information and digital literacy is the ability to locate, interpret, evaluate, manage, adapt, integrate, create and convey information using appropriate resources, tools and strategies.

GQ5 Inventiveness

Generating novel ideas and solutions.

GQ6 Cultural competence

Cultural Competence is the ability to actively, ethically, respectfully, and successfully engage across and between cultures. In the Australian context, this includes and celebrates Aboriginal and Torres Strait Islander cultures, knowledge systems, and a mature understanding of contemporary issues.

GQ7 Interdisciplinary effectiveness

Interdisciplinary effectiveness is the integration and synthesis of multiple viewpoints and practices, working effectively across disciplinary boundaries.

GQ8 Integrated professional, ethical, and personal identity

An integrated professional, ethical and personal identity is understanding the interaction between one’s personal and professional selves in an ethical context.

GQ9 Influence

Engaging others in a process, idea or vision.

Outcome map

Learning outcomes Graduate qualities

This section outlines changes made to this unit following staff and student reviews.

Updated schedule and assessments based on student feedback to include additional scaffolding that break down the summative assessment into more manageable sub-tasks.

More information can be found on Canvas.


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