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Undergraduate Calendar
Winter 2018

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ECONOMICS

PROGRAMS
Bachelor of Arts (Economics)
Bachelor of Arts (Honours Economics)
Bachelor of Science (Honours Economics)
Bachelor of Arts (Combined Honours Economics)
Bachelor of Science (Combined Honours Economics)
Minor in Economics
Major and Minor Concentrations - Bachelor of Interdisciplinary Arts and Science (IAS) - Economics

Additional Information: GENERAL UNDERGRADUATE REGULATIONS


Bachelor of Arts (Economics)

Degree Requirements

Total courses: thirty.

(a) 41-110, 41-111, 41-212, 41-221, and 41-231; and six 200-, 300- or 400-level courses. (With the approval of a program advisor, equivalent statistics courses may be substituted for 41-212.)
(b) 65-250, or 65-205;
(c) eight courses from outside Social Sciences with at least two from Arts/Languages and two from Sciences;
(d) four courses from any area of study including Economics;
(e) six courses from any area of study excluding Economics.

Courses used to calculate the major average are: courses listed under requirement (a), and any courses taken in the major area(s) of study.

RECOMMENDED COURSE SEQUENCING:

Year 1*
Fall: 41-110, plus four courses
Winter: 41-111, plus four courses

Year 2
Fall: 41-221*, 41-231, 65-250 (or 65-205)*, two courses
Winter: 41-212, two economics courses, two other courses

Year 3
Fall: two economics courses, three other courses
Winter: two economics courses, three other courses

Notes: 65-250 is recommended. If 65-250 is chosen instead of 65-205, 62-141 is required and should be taken in Year 1. A student who had successfully completed 41-110 could take 41-221 in the Winter of Year 1, rather than in Winter of Year 2.


Bachelor of Arts (Honours Economics)

Degree Requirements

Total courses: forty.

(a) 41-110, 41-111, 41-212 (or 65-251), 41-221, 41-222, 41-231, 41-232, 41-306, 41-313, 41-414, 41-423, 41-433, 41-407 and seven additional courses, at least five of which have to be at the 300- or 400- level.
(b) 62-120 (or 62-125 or 62-126), 62-140 (or 62-139), and either 65-205 or 65-250 (if taking 65-250, the student must take 62-141 as a prerequisite for 65-250).
(c) seventeen courses from any area of study, of which a maximum of two may be from Economics.


Courses used to calculate the major average are: courses listed under requirement (a), and any courses taken in the major area(s) of study.

RECOMMENDED COURSE SEQUENCING:

Year 1*
Fall: 41-110, 62-140 (or 62-139), 62-120 (or 62-125), plus two courses
Winter: 41-111, 62-141* (or other course), plus three courses

Year 2
Fall: 41-221*, 41-231, 65-250 (or 65-205)*, plus two courses
Winter: 41-222, 41-232, 41-212 (or 65-251), plus two courses

Year 3
Fall: 41-306, two economics courses, two other courses
Winter: two economics courses, three other courses

Year 4
Fall: 41-313, 41-423, 41-433, one economics course, one other course
Winter: 41-414, 41-407, two economics courses, one other course

Notes: 65-250 is recommended. If 65-250 is chosen instead of 65-205, 62-141 is required and should be taken in Year 1. A student who had successfully completed 41-110 could take 41-221 in the Winter of Year 1, rather than in Winter of Year 2. Also, conditional on satisfying the prerequisites, a student could move 41-313 and 41-414 from the fourth year to the third year.


Bachelor of Science (Honours Economics)

Degree Requirements

Total courses: forty.

(a) 41-110, 41-111, 41-212 (or 65-251), 41-221, 41-222, 41-231, 41-232, 41-306, 41-313, 41-414, 41-423, 41-433, 41-406, 41-424, 41-434, and five Economics elective courses at the 300 or 400 level.
(b) 60-104, 62-120 (or 62-125 or 62-126), 62-140 (or 62-139), 62-141, 62-190, 65-250, plus one additional course (200-level or higher) from the Department of Mathematics and Statistics.
(c)
An additional 13 courses, a maximum of which two may be Economics courses.

Courses used to calculate the major average are: courses listed under requirement (a), and any courses taken in the major area(s) of study.

RECOMMENDED COURSE SEQUENCING:

Year 1*
Fall: 41-110, 62-140 (or 62-139), 62-120 (or 62-125), 60-104 (or other course), plus one course
Winter: 41-111, 62-141, 62-190, 60-104 (or other course), plus one course

Year 2
Fall: 41-221*, 41-231, 65-250, plus two courses
Winter: 41-222, 41-232, 41-212 (or 65-251), plus two courses

Year 3
Fall: two economics courses, one math or stats course, two other courses
Winter: 41-306, two economics courses, two other courses

Year 4
Fall: 41-313, 41-423, 41-433, 41-406, one other course
Winter: 41-414, 41-424, 41-434, one economics course, one other course

Notes: A student who had successfully completed 41-110 could take 41-221 in the Winter of Year 1, rather than in Winter of Year 2. Also, conditional on satisfying the prerequisites, a student could move 41-313 and 41-414 from the fourth year to the third year.


Bachelor of Arts Combined Honours Economics Programs

Degree Requirements

Total courses: forty.

(a) Economics: 41-110, 41-111, 41-212 or (65-251), 41-221, 41-222, 41-231, 41-232 and six additional in Economics, at least four of which have to be at the 300- or 400- level.
(b) Course requirements-Other Subject: courses used to calculate the major average in the other subject area, as prescribed by that area of study.
(c) 65-205 (or 65-250)
(d) additional options to a total of forty.

Courses used to calculate the major average are: courses listed under requirements (a) and (b), and any courses taken in the major area(s) of study.

The critical requirement for the four-year Economics Honours is the inclusion of Economics 41-110 and 41-111 in the first year of the program. Similarly Economics 41-221, 41-222, 41-231, and 41-232 should be included in the second year of the program.
Students intending to specialize in Economics in a four-year Honours program should satisfy the Mathematics requirements as early as possible in the program.


Bachelor of Science Combined Honours Economics Programs
Bachelor of Science honours programs combining Economics with a second Honours area of study will consist of:

Degree Requirements

Total courses: forty.

(a) Economics: 41-110, 41-111, 41-212 or 65-251*, 41-221, 41-222, 41-231, 41-232, 41-306, 41-313, 41-406, 41-414, 41-423, 41-424, 41-433 and 41-434.
(b) Course requirements-Other Subject: courses used to calculate the major average in the other subject area, as prescribed by that area of study.
(c) 62-120 or 62-125 or 62-126, 62-139 or 62-140, 62-141, 62-190, 65-250 and one additional course* from the Department of Mathematics & Statistics (62- or 65-) at the 200-level or higher.
(d) additional courses, if necessary, from any area of study to a total of forty courses.

* 65-251 is required if Mathematics and Statistics is the other subject. Also, 65-251 may be the ‘additional course’ in (c) above.

Courses used to calculate the major average are: courses listed under requirements (a) and (b), and any courses taken in the major area(s) of study.


Minor in Economics

A minor shall consist of 41-110, 41-111, 41-221, 41-231, and two additional Economics courses. A minimum average of 60% or better is required in all six courses.


Major and Minor Concentrations - Bachelor of Interdisciplinary Arts and Science (IAS) - Economics

Major Concentration: 41-212, 41-221, 41-222, 41-231, 41-232, 41-313, 41-414, 41-423, 41-433; three additional courses at the 300-level or above. (If General Science Major 41-424 and 41-434 are required.) (additional requirements: 41-110, 41-111, 65-205.)

*(Note: If a student is considering graduate studies in Economics they should take 62-140 (BIAS core), 62-141 (BIAS core), 65-250 (replaces core 65-205) and 65-251 (replaces 41-212) and 41-424 and 41-434 (replaces two of the three additional 300 level or above), and one additional Economic course at the 300 level or above (replaces 62-130.)

Minor Concentration: 41-212, 41-221, 41-222, 41-231, 41-232; one 300-level or above course.

Other requirements: 41-110, 41-111, 65-205.


ECONOMICS: COURSES