Econometrics is one of the majors of Bachelor of Economics at the University of Sydney.
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. 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 – at the Reserve Bank, Treasury and other government departments, in global financial institutions, in business, and with international agencies and NGOs. They also go on to further study at some of the finest institutions in the world.
The major in Econometrics is available to students enrolled in the Bachelor of Economics and related combined degrees, and to students enrolled in programs in the University of Sydney Business School. It 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.
For the award of a major in Econometrics students complete:
(i) two junior prerequisite units of study (12 credit points), as follows:
- ECMT1010 Introduction to Economic Statistics (or BUSS1020 Quantitative Business Analysis#)
- ECMT1020 Introduction to Econometrics
(ii) two compulsory senior units of study (12 credit points), as follows:
- ECMT2150 Intermediate Econometrics
- ECMT2160 Econometric Analysis
(iii) four senior elective units of study (24 credit points) selected from the following with a minimum of three at the 3000 level (18 credit points):
- ECMT2130 Financial Econometrics
- ECMT3110 Econometric Models and Methods
- ECMT3120 Applied Econometrics
- ECMT3130 Forecasting for Economics and Business
- ECMT3150 The Econometrics of Financial Markets
- ECMT3160 Statistical Modelling
- ECMT3170 Computational Econometrics
- ECMT3171 Spatial Econometrics*
- ECOS3903 Applied Microeconometrics
- ECOS3904 Applied Macroeconometrics
* Unit not offered in 2017
# BUSS1020 is a core unit for the Bachelor of Commerce and related degrees and substitutes for the junior prerequisite unit ECMT1010 for students enrolled in those courses.
Any senior unit can only be counted toward one major (be it the Economics, Econometrics, Financial Economics, Agricultural Economics or Environmental and Resource Economics major).
Please note, ECOS3903 and ECOS3904 require the completion of additional prerequisites/corequisites outside of those prerequisite units of study listed for this major.