Economics

Honours, Major and Minor

NOTE: To satisfy the degree requirements of an Honours, Major, double major or Minor in Economics, a grade of C or better, unless otherwise noted, must be earned in all Economics courses, and in all approved substitutes.

Honours
Intent
The BA in Economics Honours is designed to prepare a student to work or study as an Economist. Students interested in pursuing graduate programs in Economics are strongly urged to complete an Honours program in Economics.

Requirements
A minimum of 20 term-courses in Economics are required to obtain an Honours designation. To remain in the program, students must maintain a GPA of 3.0 in ECON (or approved substitute courses). Furthermore, to remain in the Honours program, students must receive no less than a B- in the required term-courses beyond the 1000- level as listed below.

A High Honours degree will be awarded to those students graduating with a GPA of 3.7 (A-) or greater averaged over ECON term-courses (excluding ECON 1013, ECON 1023 and STAT 1793). For an Honours; a GPA of 3.0 is required in these term-courses.

Required Courses

ECON 1013, ECON 2013, ECON 3013, and ECON 4045 Microeconomics 4 term-courses
ECON 1023, ECON 2023, ECON 3023, STAT 4035 Macroeconomics 4 term-courses
STAT 1793, STAT 2793 (or equivalent)  2 term-courses
ECON 3665 (Mathematical Economics) 1 term-course
ECON 4645 (Econometrics) 1 term-course
Total 12 term-courses

Students in this program are required to pass MATH 1003 and MATH 1013 with a grade of C or better, but these term-courses do not count towards the 20 term-courses in Economics.

Electives
The remaining 8 term-courses in Economics electives will normally be taken in the Economics discipline, but up to 3 discipline-approved term-courses may be substituted for non-compulsory Economics electives (see list of substitute options in Section XI of the Bachelor of Business Administration section of the Academic Calendar). A grade of C or better must be earned in each of these 8 term courses.

Major
Intent
The BA in Economics Major option is designed to give students a working knowledge of Economics and prepare them to work in business or in a policy-making environment. Students interested in pursuing graduate programs in Economics are strongly urged to complete an Honours program in Economics.

Requirements
A total of 16 term-courses in Economics are required to obtain a Major designation. A grade of C or better must be earned in each of the 16 term-courses required to complete the Majors Program. NOTE: Student must obtain at least a B- in ECON 2013 and ECON 2023 in order to stay in the program.

Required Courses

ECON 1013, ECON 2013, ECON 3013 Microeconomics 3 term-courses
ECON 1023, ECON 2023, ECON 3023 Macroeconomics 3 term-courses
STAT 1793, STAT 2793 (or equivalent) 2 term-courses
Total 8 term-courses



Students in this program are required to pass MATH 1003 (or MATH 1853 and MATH 2853 as substitute) with a grade of C or better, but this does not count in the 16 term-courses in Economics.

Electives
The remaining 8 term-courses in Economics electives will normally be taken in the Economics discipline, but up to 3 discipline-approved term-courses may be substituted for non-compulsory Economics electives (see list of substitue options in Section XI of the Bachelor of Business Administration section of the Academic Calendar). A grade of C or better must be earned in each of these 8 term-courses.

Double Majors
A total of 14 term-courses in Economics are required to complete a double majors in Economics. Of these, 8 term-courses are the same as those needed to complete the Major (including the Math requirements), with 6 term-courses of Economics electives. Up to 3 discipline-approved term-courses may be substituted for non-compulsory Economics electives (see list of substitue options in Section XI of the Bachelor of Business Administration section of the Academic Calendar). A grade of C or better is mandatory in all 14 term-courses needed to satisfy the double major requirement. NOTE: Students must obtain at least a B- in ECON 2013 and ECON 2023 in order to stay in the program.

Minor

Intent
The BA in Economics Minor is designed to give students knowledge of the basic issues in economics so they can make more informed choices in their work and private lives.

Requirements
A total of 8 term-courses in Economics are required to obtain a Minor Designation. A grade of C or better is mandatory in all 8 term-courses needed to satisfy the minor requirement.

Required Courses
ECON 1013, ECON 2013 Microeconomics 2 term-courses; ECON 1023, ECON 2023 Macroeconomics 2 term-courses; plus 4 term-courses

Electives
The remaining 4 term-courses in Economics electives must be taken in the Economics discipline. Of these 4 term-courses, at least 2 must be at the 3000-level or above. A grade of C or better is required in each of these courses.