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Economics

Department of Economics
Faculty of Public Affairs and Management

This section presents the requirements for the programs:

Graduation Requirements

In addition to the requirements listed below, students must satisfy:

  1. the University regulations including the process of Academic Performance Evaluation (see the Academic Regulations of the University section of this Calendar).
  2. the common regulations applying to all B.A. students including those relating to First-Year Seminars and Breadth requirements (see the Academic Regulations and Requirements for the Bachelor of Arts Degree ).

Students should consult with the Department when planning their program and selecting courses.

Access to Economics Courses

To meet the prerequisite requirements for 2000-level required economics courses, students must have obtained a grade of C- or higher in ECON 1000 [1.0] or FYSM 1003 [1.0]. Certain higher-level economics courses also have prerequisites with minimum grade requirements. These requirements are specified with the course descriptions.

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0000-Level Courses

Students in the Bachelor of Arts Economics programs may not count any 0000-level Mathematics courses for credit toward their degree. Such students may, however, be required to take one or more of these courses to replace missing program prerequisites in which case the courses will be set aside as “no credit for degree” (NCD).

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Program Requirements

Economics
B.A. Honours (20.0 credits)

  1. Credits Included in the Major CGPA (9.0 credits):
  1. 1.0 credit in ECON 1000 [1.0] or FYSM 1003 [1.0];
  2. 6.0 credits in ECON 2002, ECON 2003, ECON 2102, ECON 2103, ECON 2201, ECON 2202, ECON 2400, ECON 4001, ECON 4002, ECON 4200, ECON 4201, ECON 4706;
  3. 0.5 credit in ECON at the 3000-level;
  4. 1.0 credit in:
    1. ECON 4900 [1.0], or
    2. ECON 4908 [1.0] (see Note below);
  5. 0.5 credit in economics at the 4000-level;
  1. Credits Not Included in the Major CGPA (11.0 credits):
  1. 1.0 credit in MATH 1009 and MATH 1119;
  2. 7.0 credits in electives not in economics;
  3. 3.0 credit in free electives.

Note:

  • An Honours essay (ECON 4908 [1.0]) with a grade of B- or better may be written to earn 1.0 credit at the 4000-level or to replace the ECON 4900 [1.0] requirement. Students who choose to do the Honours Essay must first complete an Honours essay prospectus to the satisfaction of both their adviser and the Honours Supervisor.

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Applied Economics
B.A. Honours (20.0 credits)

  1. Credits Included in the Major CGPA (9.0 credits):
  1. 1.0 credit in ECON 1000 [1.0] or FYSM 1003 [1.0];
  2. 4.5 credits in ECON 2002, ECON 2003, ECON 2102, ECON 2103, ECON 2201, ECON 2202, ECON 2400, ECON 3706, ECON 4890;
  3. 1.0 credit in economics at the 3000-level;
  4. 2.5 credits in economics at the 4000-level;
  1. Credits Not Included in the Major CGPA (11.0 credits):
  1. 1.0 credit in MATH 1009 and MATH 1119;
  2. 7.0 credits in electives not in economics;
  3. 3.0 credits in free electives.
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Economics with Concentration in Financial Economics
B.A. Honours (20.0 credits)

  1. Credits Included in the Major CGPA (11.0 credits):
  1. 1.0 credit in ECON 1000 [1.0] or FYSM 1003 [1.0];
  2. 5.0 credits in ECON 2002, ECON 2003, ECON 2102, ECON 2103, ECON 2201, ECON 2202, ECON 2400, ECON 4200, ECON 4201, ECON 4706;
  3. 1.0 credit in:
    1. ECON 4900 [1.0], or
    2. ECON 4908 [1.0] (see Note 1 below);
  4. 3.0 credits in: BUSI 1001, BUSI 1002, ECON 2504 (or BUSI 2504), ECON 2505 (or
    BUSI 2505), ECON 3500 (or BUSI 3500), ECON 3501 (or BUSI 3502);
  5. 1.0 credit from: ECON 4008 (or BUSI 4500), ECON 4100, ECON 4101 (or BUSI 4502);
  1. Credits Not Included in the Major CGPA (9.0 credits):
  1. 1.0 credit in MATH 1009 and MATH 1119;
  2. 7.0 credits in electives not in economics;
  3. 1.0 credit in free electives.
Notes:
  1. An Honours essay (ECON 4908 [1.0]) with a grade of B- or better may be written to earn 1.0 credit at the 4000-level or to replace the ECON 4900 [1.0] requirement. Students who choose to do the Honours essay must first complete an Honours essay prospectus to the satisfaction of both their adviser and the Honours Supervisor.
  2. For the purposes of assessment in conjunction with the Academic Performance Evaluation (see Academic Regulation 7.2), the Concentration in Financial Economics is comprised of the courses listed under Requirements 4 and 5.
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Economics
B.A. Combined Honours (20.0 credits)

Students may apply for Combined Honours in Economics and one of the following disciplines with the requirements described below: Anthropology, Applied Language Studies, Art History, Canadian Studies, Classics and Religion, English, European and Russian Studies, Film Studies, French, General Linguistics, Geography, History, Human Rights, Journalism, Law, Mass Communication, Music, Philosophy, Political Science, Psychology, Sociology, Women's Studies.

  1. Credits Included in the Economics Major CGPA (7.0 credits):
  1. 1.0 credit in ECON 1000 [1.0] or FYSM 1003 [1.0];
  2. 4.5 credits in ECON 2002, ECON 2003, ECON 2102, ECON 2103, ECON 2201, ECON 2202, ECON 2400, ECON 4200, ECON 4201;
  3. 1.0 credit in:
    1. ECON 4900 [1.0], or
    2. ECON 4908 [1.0] (see Note below);
  4. 0.5 credit in economics at the 4000-level;
  1. Additional Requirements:
  1. The requirements for Combined Honours in the other discipline must be satisfied;
  2. 1.0 credit in MATH 1009 and MATH 1119;
  3. 4.0 credits in electives not in economics or the other discipline;
  4. Sufficient credits in free electives to make 20.0 credits for the degree.

Note:

  • An Honours essay (ECON 4908 [1.0]) with a grade of B- or better may be written to earn 1.0 credit at the 4000-level or to replace the ECON 4900 [1.0] requirement. Students who choose to do the Honours essay must first complete an Honours essay prospectus to the satisfaction of both their adviser and the Honours Supervisor.
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Economics and Mathematics
B.Math. Combined Honours (20.0 credits)

  1. Credits Included in the Major CGPA (15.0 credits):
  1. 7.0 credits in MATH 1002 [1.0], MATH 1102 [1.0], MATH 2000 [1.0], MATH 2100 [1.0], MATH 2454, STAT 2655, STAT 2559, MATH 3001, STAT 3558, STAT 3559;
  2. 0.5 credit in MATH 3002 or MATH 3008;
  3. 0.5 credit in mathematics or statistics at the 3000- or 4000-level;
  4. 1.0 credit in mathematics or statistics at the 4000-level;
  5. 4.0 credits in ECON 1000 [1.0], ECON 2002, ECON 2003, ECON 2102, ECON 2103, ECON 4200, ECON 4201;
  6. 1.0 credit in:
    1. ECON 4900 [1.0]; or
    2. ECON 4908 [1.0] (see Note 1 below);
  7. 1.0 credit in economics at the 4000-level;
  1. Credits Not Included in the Major CGPA (5.0 credits):
  1. 1.0 credit in COMP 1005, COMP 1006;
  2. 1.0 credit in Natural Science Electives;
  3. 3.0 credits in free electives.
Notes:
  1. An Honours essay (ECON 4908 [1.0]) with a grade of B- or better may be written to earn 1.0 credit at the 4000-level or to replace the ECON 4900 [1.0] requirement. Students who choose to do the Honours essay must first complete an Honours essay prospectus to the satisfaction of both their adviser and the Honours Supervisor.
  2. ECON 2400 does not count for credit in this program.
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Economics and Statistics
B.Math. Combined Honours (20.0 credits)

  1. Credits Included in the Major CGPA (14.5 credits):
  1. 8.0 credits in MATH 1002 [1.0], MATH 1102 [1.0], MATH 2000 [1.0], MATH 2454, STAT 2655, STAT 2559, MATH 3107, STAT 3506, STAT 3553 (or STAT 3505), STAT 3558, STAT 3559, STAT 4502, STAT 4503;
  2. 0.5 credit in: MATH 4905 or statistics at the 4000-level;
  3. 4.0 credits in ECON 1000 [1.0], ECON 2002, ECON 2003, ECON 2102, ECON 2103, ECON 4200, ECON 4201;
  4. 1.0 credit in:
    1. ECON 4900 [1.0], or
    2. ECON 4908 [1.0] (see Note 1 below);
  5. 1.0 credit in economics at the 4000-level;
  1. Credits Not Included in the Major CGPA (5.5 credits):
  1. 1.0 credit in COMP 1005, COMP 1006;
  2. 1.0 credit in Natural Science Electives;
  3. 3.5 credits in free electives.
Notes:
  1. An Honours essay (ECON 4908 [1.0]) with a grade of B- or better may be written to earn 1.0 credit at the 4000-level or to replace the ECON 4900 [1.0] requirement. Students who choose to do the Honours essay must first complete an Honours essay prospectus to the satisfaction of both their adviser and the Honours Supervisor.
  2. MATH 2100 [1.0] may replace MATH 3107 and 0.5 credit in free electives in this program.
  3. ECON 2400 does not count for credit in this program.
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Economics
B.A. General (15.0 credits)

  1. Credits Included in the Major CGPA (6.0 credits):
  1. 1.0 credit in ECON 1000 [1.0] or FYSM 1003 [1.0];
  2. 3.0 credits in ECON 2002, ECON 2003, ECON 2102, ECON 2103, ECON 2201, ECON 2202;
  3. 2.0 credits in economics;
  1. Credits Not Included in the Major CGPA (9.0 credits):
  1. 1.0 credit in MATH 1009 and MATH 1119;
  2. 6.0 credits in electives not in economics;
  3. 2.0 credits in free electives.

Note:

Minor in Economics

Requirements:
  1. 1.0 credit in ECON 1000 [1.0] or FYSM 1003 [1.0];
  2. 0.5 credit from ECON 2001 or ECON 2002;
  3. 0.5 credit from ECON 2101 or ECON 2102;
  4. 2.0 credits in ECON at the 2000-level or above;
  5. The remaining requirements of the major discipline(s) and degree must be satisfied.
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