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Economics

Department of Economics
Faculty of Public Affairs

This section presents the requirements for the programs:

A Co-operative Education option is available in conjunction with B.A. Honours programs in Economics or Applied Economics. Consult the Co-operative Education section of this Calendar for details.

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 most 2000-level economics courses, students must have obtained a grade of C- or higher in ECON 1000 [1.0] or FYSM 1003  [1.0].

Certain 3000- and 4000-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
B.A. Honours

Economics
B.A. Honours (20.0 credits)

  1. Credits Included in the Major CGPA (9.0 credits):
  1. 1.0 credit from 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 4901 and ECON 4902, or
    2. ECON 4908 [1.0] (see Note below);
  5. 0.5 credit in ECON 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 ECON;
  3. 3.0 credits in free electives.

Note:

An Honours essay (ECON 4908 [1.0]) with a grade of B- or higher may be written to earn 1.0 credit at the 4000-level or to replace the ECON 4901 and ECON 4902 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 B.A. Program 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. 1.5 credits in ECON at the 3000-level;
  4. 2.0 credits in ECON 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 ECON;
  3. 3.0 credits in free electives.
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Program Requirements
Concentrations

Economics
B.A. Honours
with Concentration (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 4901 and ECON 4902, or
    2. ECON 4908 [1.0] (see Note below);
  4. One of the following concentrations, also included in the Major CGPA:
Concentration in Financial Economics
or
Concentration in International Political Economy
or
Concentration in Development
  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 ECON;
  3. 1.0 credit in free electives.
Note:

An Honours essay (ECON 4908 [1.0]) with a grade of B- or higher may be written to earn 1.0 credit at the 4000-level or to replace the ECON 4901 and ECON  4902 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 B.A. Program Supervisor.

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Applied Economics
B.A. Honours
with Concentration (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. 4.5 credits in ECON 2002, ECON 2003, ECON 2102, ECON 2103, ECON 2201, ECON 2202, ECON 2400, ECON 3706, ECON 4890;
  3. 0.5 credit in ECON at the 3000-level;
  4. 1.0 credit in ECON at the 4000-level;
  5. One of the following concentrations, also included in the Major CGPA:
Concentration in Financial Economics
or
Concentration in International Political Economy
or
Concentration in Development
  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 ECON;
  3. 1.0 credit in free electives.
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Program Requirements
B.A. and B.Math. Combined Honours

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

Economics
B.A. Combined Honours (20.0 credits)

  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 4901 and ECON 4902, or
    2. ECON 4908 [1.0] (see Note below);
  4. 0.5 credit in ECON 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 ECON 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 higher may be written to earn 1.0 credit at the 4000-level or to replace the ECON 4901 and ECON 4902 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 B.A. Program Supervisor.

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Post-publication updateApplied Economics
B.A. Combined Honours (20.0 credits)

  1. Credits Included in the Applied 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 3706, ECON 4890;
  3. 0.5 credit in ECON at the 3000-level;
  4. 1.0 credit in ECON 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 ECON or the other discipline;
  4. Sufficient credits in free electives to make 20.0 credits for the degree.
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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 MATH or STAT at the 3000- or 4000-level;
  4. 1.0 credit in MATH or STAT 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 4901 and ECON 4902; or
    2. ECON 4908 [1.0] (see Note 1 below);
  7. 1.0 credit in ECON at the 4000-level;
  1. Credits Not Included in the Major CGPA (5.0 credits):
  1. 1.0 credit in COMP 1005 and 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 higher may be written to earn 1.0 credit at the 4000-level or to replace the ECON 4901 and ECON 4902 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 B.A. Program 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 STAT 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 4901 and ECON 4902, or
    2. ECON 4908 [1.0] (see Note 1 below);
  5. 1.0 credit in ECON at the 4000-level;
  1. Credits Not Included in the Major CGPA (5.5 credits):
  1. 1.0 credit in COMP 1005 and 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 higher may be written to earn 1.0 credit at the 4000-level or to replace the ECON 4901 and ECON 4902 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 B.A. Program 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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Program Requirements
B.A. General

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 ECON 2400 and/or ECON at the 3000- or 4000-level;
  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 ECON;
  3. 2.0 credits in free electives.
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Minors

Minor in Economics

Open to all undergraduate degree students not pursuing a Major in Economics or Applied Economics.

Requirements:
  1. 1.0 credit in ECON 1000 [1.0] or FYSM 1003 [1.0];
  2. 0.5 credit in ECON 2001 or ECON 2002;
  3. 0.5 credit in 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.

Minor in Industrial Economics

Open to all B.Eng. students and other undergraduate degree students not pursuing a Major in Economics or Applied Economics who have successfully completed Requirement 4 (below) while registered in a B.Eng. program.

Requirements:
  1. 1.0 credit in ECON 1000 [1.0];
  2. 1.5 credits in ECON 2002, ECON 2003, ECON 4200;
  3. 0.5 credit from ECON 4005, ECON 4301, ECON 4309, ECON 4407;
  4. 1.0 credit in ECOR 3800 and SYSC 3200;
  5. The remaining requirements of the major discipline(s) and degree must be satisfied.
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