USYD economics query (1 Viewer)

HscStuff

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Hey guys just wondering if anyone knows how much maths is involved for a bachelor of economics at USYD. Particularly the first year!! Would it be difficult/ complex for a non-maths student who didn’t study maths in year 12, yet found y12 economics maths relatively easy?
 

rh_06

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Not exactly economics related, but ik in general USYD maths is not easy... IDK if that translates to eco maths but I'll pass your question on to ppl ik.
 

carrotsss

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the econ major (can be done in any degree) maths is not very bad at all, you don’t have to do the main difficult maths units and at the least for the first 2 eco units from what I’ve heard from friends it seems more essay focused. econometrics has harder maths but you’re kinda signing up for that if you choose that major

I don’t know many people doing the actual b eco but from checking the unit of study table it seems like it’s fine other than an econometrics unit with basic assumed knowledge, and you can do econ1003 to gain that knowledge if u didn’t do maths adv
 

rh_06

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Thanks so much mate!!
Hi, I haven't got a reply yet, but this is what I found from some of my own digging:
https://www.reddit.com/r/usyd/comments/1duovft https://www.reddit.com/r/usyd/comments/1ess6g3 https://www.reddit.com/r/usyd/comments/99d1el
U can read the faculty handbook which has all the info you need. To show u an example, I'm using the units from the B/eco and B/arts double degree since the eco units are all similar if not same (excluding the honours program i think).

This is taken directly from the handbook:
'Mathematics is an essential tool in the study of economics. Students admitted to a Bachelor of Economics course 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 in their first semester of study. The unit may be counted as an elective towards the requirements of the degree.'

TLDR to do eco at usyd, its offered as a double degree and maths is unavoidable. U can take ECON1003 (The basic/introductory math) but you'll then also have to take normal math units later on e.g. semester 2 onwards. Even the 'eco maths' has assumed knowledge of a HSC Maths advanced, ext 1 or ext 2 with a B4 minimum as said here.

One of the reddit posts i've linked says that USYD eco tends to lean towards the maths side whereas UNSW eco is more theoretical, but keep in mind that this post was made 7yrs ago so it may be outdated. I recommend making a post on the reddit forums for more info cos I can only help u with USYD stuff.
IMO if ur really determined to do USYD eco, you should use the time now to look through HSC maths contents and the weekly plan on the unit outline so u can cross check with what topics are covered. You can also take the bridging courses in February (I think the in-person ones might be full but u can do the online ones instead).
 

libestraumno3

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hey doing eco too! would rec doing math1061 over econ1003. heard maths taught in eco fac is a bit too rushed and condensed and maths units are generally better to learn from scratch, better materials etc.

you need stuff on linear algebra, multivariable calc (math1061 covers this) and something else i forgot (but that is generally covered in a 2nd yr unit u can take asw)

though as long as you are familiarwith maths adv i think its fine. if youre planning to do honours i highly rec math ext level or as long as youre willing to sacrifice some elctive units for maths. good luck!

also keep in mind that if you dont like too much maths it all depends on ur eco major. so avoid stuff like econometrics (albeit the most in demand/higher salary)
 

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