Students interested in:

  • What type of careers an economics degree can lead to should see the Careers page
  • Why one would do an Honours degree should see the Honours page.

  Course Rotation


The Department of Economics typically offers Econometrics (ECON4700) and Advanced Theory (ECON4801 and ECON4811) in alternating years.  For example, ECON4700 was offered in 2012-2013 and is scheduled in 2014-2015.  ECON4801 and ECON4811 were offered in 2011-2012 and are scheduled in 2013-2014.  

Students planning to complete any degree in Economics that includes these core courses should plan their programs carefully to ensure that they have completed the prerequisite courses in time to register for these core courses.  Additional questions about program planning should be addressed to the Economics Department.

ECON 4801 (3.00) Advanced Economic Theory I
Prereq: ECON 2001, 2011, 2101, 2111, MATH 1121; or permission of the Department
The course is primarily concerned with developing tools and techniques for analyzing problems in microeconomics. These include modern theories of the consumer and of the firm, general equilibrium, and the welfare theorems. Honours students who wish to pursue graduate studies in economics are strongly advised to take this course. (Format: Lecture 3 Hours) [Note 1: Counts as a Commerce elective for students taking a Bachelor of Commerce or a Major or Minor in Commerce.] [Note 2: Although not required, the Economics Department recommends that students complete MATH 2111 and MATH 2221 prior to undertaking ECON 4801.]

ECON 4811 (3.00) Advanced Economic Theory II
Prereq: ECON 4801; or permission of the Department
The course is primarily concerned with developing tools and techniques for analyzing dynamic macroeconomic problems. Topics include growth models, overlapping generation models, and real business cycle models. Honours students who wish to pursue graduate studies in economics are strongly advised to take this course. (Format: Lecture 3 Hours) [Note 1: Counts as a Commerce elective for students taking a Bachelor of Commerce or a Major or Minor in Commerce.] [Note 2: Although not required, the Economics Department recommends that students complete MATH 2111 and MATH 2221 prior to undertaking ECON 4811.]

The listing of a course in the Calendar is not a guarantee that the course is offered every year. 

Mathematics courses for students pursuing programs in Economics

 
Mathematics courses are an excellent complement for studies in Economics.   Students interested in understanding economic theory and empirical studies will find it essential to develop basic skills in calculus and statistics and are encouraged to develop greater familiarity with calculus and statistics at more advanced levels, along with linear algebra and other areas of mathematics. For descriptions of the Mathematics courses listed below see the university calendar.


Majors in Economics

Required: Calculus I (MATH 1111) and Statistics I (MATH 2311)

Recommended: Calculus II (MATH 1121), Linear Algebra (MATH 2221), and Multivariable Calculus (MATH 2111)

Students in the Economics Majors program are advised to consider other Mathematics courses as listed for the Honours program to complement their programs of study.


Honours

Required: Calculus I (MATH 1111) and Statistics I (MATH 2311)

For students planning to complete the Advanced Theory Courses (ECON4801, 4811)
Required: Calculus II (MATH 1121)

For students planning to complete Econometrics (ECON4700)
Required: Linear Algebra (MATH 2221)

Strongly recommended:  Multivariable Calculus (MATH 2111)
           
Recommended: Discrete Structures (MATH 2211), Differential Equations I (MATH 2121), and Real Analysis (MATH 3111)
              
               
Honours in Economics and Mathematics

Students are advised to refer to the academic calendar and consult with a program advisor to select a program of courses in Economics and Mathematics.


C-Minus Rule
 
Students must obtain a grade of at least C- in all courses used to fulfill prerequisite requirements. Otherwise, written permission of the appropriate Department Head or Program Co-ordinator must be obtained.