Program Requirements
The Honours Economics program (B.A. and B.Com.) consists of 30 specified credits of Honours courses and a further 12 credits of approved Economics courses. Honours students are also required to complete prerequisite Math courses in basic Calculus and linear algebra.
All Honours students should consult the handout describing the Honours and Joint Honours programs available in the Economics Department Office, Leacock Building Rm. 443, and at: http://www.mcgill.ca/economics/undergraduates/honours.
Normally, to be awarded an Honours degree, a student must obtain a 3.00 program GPA in the required and complementary credits in Economics, and a CGPA of 3.00. For a First Class Honours degree, the minimum requirements are normally a 3.50 program GPA in the required and complementary credits in Economics, and a CGPA of 3.50.
Required Math Prerequisites
All Honours students must complete three Math prerequisites. A sequence of two Calculus courses with a grade of C or higher should be completed prior to entering the Honours program. Prior to their U2 year, students should complete MATH 133. These requirements can be met by having passed equivalent courses at CEGEP or elsewhere. Honours students are encouraged, but not required, to take MATH 222 Calculus 3.
* Note: Students without high school Calculus take MATH 139; those with high school Calculus take MATH 140.

MATH 133 Linear Algebra and Geometry (3 credits)
Overview
Mathematics & Statistics (Sci) : Systems of linear equations, matrices, inverses, determinants; geometric vectors in three dimensions, dot product, cross product, lines and planes; introduction to vector spaces, linear dependence and independence, bases; quadratic loci in two and three dimensions.
Terms: Fall 2014, Winter 2015, Summer 2015
Instructors: Djivede Kelome, Michael Brandenbursky, Christopher Cornwell, Sidney Trudeau (Fall) Djivede Kelome, Sidney Trudeau (Winter)
 3 hours lecture, 1 hour tutorial
 Prerequisite: a course in functions
 Restriction A: Not open to students who have taken MATH 221 or CEGEP objective 00UQ or equivalent.
 Restriction B: Not open to students who have taken or are taking MATH 123, MATH 130 or MATH 131, except by permission of the Department of Mathematics and Statistics.
 Restriction C: Not open to students who are taking or have taken MATH 134.

MATH 139 Calculus 1 with Precalculus (4 credits) *
Overview
Mathematics & Statistics (Sci) : Review of trigonometry and other Precalculus topics. Limits, continuity, derivative. Differentiation of elementary functions. Antidifferentiation. Applications.
Terms: Fall 2014
Instructors: Linan Chen (Fall)
 Fall
 4 hours lecture, 1 hour tutorial
 Prerequisite: a course in functions
 Restriction: Not open to students who have taken CEGEP objective 00UN or equivalent.
 Restriction Note B: Not open to students who have taken or are taking MATH 122, except by permission of the Department of Mathematics and Statistics.
 Students continue in MATH 141
 Each Tutorial section is enrolment limited

MATH 140 Calculus 1 (3 credits) *
Overview
Mathematics & Statistics (Sci) : Review of functions and graphs. Limits, continuity, derivative. Differentiation of elementary functions. Antidifferentiation. Applications.
Terms: Fall 2014, Winter 2015, Summer 2015
Instructors: Axel W Hundemer, Stephen W Drury, Ronan Conlon (Fall)
 3 hours lecture, 1 hour tutorial
 Prerequisite: High School Calculus
 Restriction: Not open to students who have taken MATH 120, MATH 139 or CEGEP objective 00UN or equivalent
 Restriction: Not open to students who have taken or are taking MATH 122 or MATH 130 or MATH 131, except by permission of the Department of Mathematics and Statistics
 Each Tutorial section is enrolment limited

MATH 141 Calculus 2 (4 credits)
Overview
Mathematics & Statistics (Sci) : The definite integral. Techniques of integration. Applications. Introduction to sequences and series.
Terms: Fall 2014, Winter 2015, Summer 2015
Instructors: Thomas F Fox (Fall) Axel W Hundemer, Ronan Conlon, Luis Haug (Winter) Stephan Ehlen (Summer)
 Prerequisites: MATH 139 or MATH 140 or MATH 150.
 Restriction: Not open to students who have taken MATH 121 or CEGEP objective 00UP or equivalent
 Restriction Note B: Not open to students who have taken or are taking MATH 122 or MATH 130 or MATH 131, except by permission of the Department of Mathematics and Statistics.
 Each Tutorial section is enrolment limited
Required Courses (27 credits)
Please refer to the Department's document "Rules on Stats Courses for Economics Students" available at: http://www.mcgill.ca/economics/undergraduates/courses/.
Students who have taken an equivalent statistics course prior to entering the program may be waived from the ECON 257D1/ECON 257D2 requirement. These students will normally be required to take ECON 469 in addition to ECON 468.
Normally, ECON 250D1/ECON 250D2 is taken in the U1 year, ECON 352D1/ECON 352D2 in U2, and ECON 450D1/ ECON 450D2 in U3. ECON 257D1/ECON 257D2 can be taken in U1 or U2; and ECON 468 can be taken in U2 or U3.

ECON 250D1 Introduction to Economic Theory: Honours (3 credits)
Overview
Economics (Arts) : An intermediate level microeconomics course. Includes theory of exchange, theory of consumer behaviour, theory of production and cost curves, theory of the firm, theory of distribution; general equilibrium and welfare economics. The assumptions underlying the traditional neoclassical approach to economic theory will be carefully specified.
Terms: Fall 2014
Instructors: Ngo Van Long (Fall)
 Prerequisites: MATH 140 and MATH 141 or equivalent
 Students must register for both ECON 250D1 and ECON 250D2.
 No credit will be given for this course unless both ECON 250D1 and ECON 250D2 are successfully completed in consecutive terms

ECON 250D2 Introduction to Economic Theory: Honours (3 credits)
Overview
Economics (Arts) : See ECON 250D1 for course description.
Terms: Winter 2015
Instructors: Rohan Dutta (Winter)
 Prerequisite: ECON 250D1
 No credit will be given for this course unless both ECON 250D1 and ECON 250D2 are successfully completed in consecutive terms

ECON 257D1 Economic Statistics  Honours (3 credits)
Overview
Economics (Arts) : Stochastic phenomena; probability and frequency distributions, introduction to probability theory. Statistical inference about proportions, means and variances; analysis of variance; nonparametric statistics; index numbers and time series; economic forecasting; regression and correlation analysis; introduction to general linear models, its uses and limitations; uses and misuses of statistics.
Terms: Fall 2014
Instructors: John W Galbraith (Fall)
 Corequisites: MATH 141 and MATH 133 and ECON 250
 Restriction: Not open to students who have taken 154357 or are taking ECON 217 or ECON 227.
 Students must register for both ECON 257D1 and ECON 257D2.
 No credit will be given for this course unless both ECON 257D1 and ECON 257D2 are successfully completed in consecutive terms
 You may not be able to receive credit for this course and other statistic courses. Be sure to check the Course Overlap section under Faculty Degree Requirements in the Arts or Science section of the Calendar.

ECON 257D2 Economic Statistics  Honours (3 credits)
Overview
Economics (Arts) : See ECON 257D1 for course description.
Terms: Winter 2015
Instructors: Victoria ZindeWalsh (Winter)
 Prerequisite: ECON 257D1
 No credit will be given for this course unless both ECON 257D1 and ECON 257D2 are successfully completed in consecutive terms
 You may not be able to receive credit for this course and other statistic courses. Be sure to check the Course Overlap section under Faculty Degree Requirements in the Arts or Science section of the Calendar.

ECON 352D1 Macroeconomics  Honours (3 credits)
Overview
Economics (Arts) : Basic macroeconomic theory, emphasizing the Classical and Keynesian ideas for the shortrun determination of output, employment, interest rates and prices in the economy. Elements of international economics, money and banking and growth theory. The structure of the Canadian economy.
Terms: Fall 2014, Winter 2015
Instructors: Francisco AlvarezCuadrado (Fall)
 Prerequisite: ECON 250D1/ECON 250D2
 Corequisite: ECON 257D1
 Students must register for both ECON 352D1 and ECON 352D2
 No credit will be given for this course unless both ECON 352D1 and ECON 352D2 are successfully completed in consecutive terms

ECON 352D2 Macroeconomics  Honours (3 credits)
Overview
Economics (Arts) : See ECON 352D1 for course description.
Terms: Winter 2015
Instructors: Francisco RugeMurcia (Winter)
 Prerequisite: ECON 352D1.
 Corequisite: ECON 357D2.
 No credit will be given for this course unless both ECON 352D1 and ECON 352D2 are successfully completed in consecutive terms

ECON 450D1 Advanced Economic Theory  Honours (3 credits)
Overview
Economics (Arts) : Selected topics in economic theory from recent periodical and monograph literature.
Terms: Fall 2014
Instructors: Francisco AlvarezCuadrado (Fall)
 Prerequisites: ECON 250D1/ECON 250D2 and ECON 352D1/ECON 352D2
 Students must register for both ECON 450D1 and ECON 450D2.
 No credit will be given for this course unless both ECON 450D1 and ECON 450D2 are successfully completed in consecutive terms

ECON 450D2 Advanced Economic Theory  Honours (3 credits)
Overview
Economics (Arts) : See ECON 450D1 for course description.
Terms: Winter 2015
Instructors: Jagdish Handa (Winter)
 Prerequisite: ECON 450D1
 No credit will be given for this course unless both ECON 450D1 and ECON 450D2 are successfully completed in consecutive terms

ECON 468 Econometrics 1  Honours (3 credits)
Overview
Economics (Arts) : The statistical basis of econometric modelling and treatment of the linear regression model; simple time series models; procedures for inference in linear cases; an introduction to methods for dealing with endogeneity and nonconstant variance.
Terms: Fall 2014
Instructors: Russell Davidson (Fall)
 Prerequisite(s): ECON 257D1/D2 or permission of the instructor.
 Restriction(s): Not open to students who have taken or are taking ECON 467D1/D2
Complementary Courses (15 credits)
Complementary courses are usually taken in U2 or U3.
3 credits from:

ECON 460 History of Thought 1  Honours (3 credits)
Overview
Economics (Arts) : The evolution of economic thought prior to the close of the 19th century, as reflected in the writings of prominent economists from the time of Adam Smith to the emergence of marginalism and neoclassical economics.
Terms: Fall 2014
Instructors: William Watson (Fall)
 Prerequisite: ECON 250
 Corequisite: ECON 352

ECON 461 History of Thought 2  Honours (3 credits)
Overview
Economics (Arts) : The evolution of economic thought in the 20th century, as reflected in the writings of prominent economists on equilibrium, dynamics, games, expectations, econometrics, industrial structure, economic policy and other primary areas of interest.
Terms: This course is not scheduled for the 20142015 academic year.
Instructors: There are no professors associated with this course for the 20142015 academic year.
 Prerequisite: ECON 250.
 Corequisite: ECON 352

ECON 469 Econometrics 2  Honours (3 credits)
Overview
Economics (Arts) : Treatment of asymptotic theory and classical inferential procedures, an introduction to the bootstrap, maximum likelihood, nonlinear models, misspecification testing, nonstationarity and limited dependent
variable models.
Terms: Winter 2015
Instructors: There are no professors associated with this course for the 20142015 academic year.
 Prerequisite: ECON 468
 Restriction(s): Not open to students who have taken or are taking ECON 467D1/D2
12 credits of Economics courses at the 300, 400, or 500 level, approved by an Honours adviser. Normally at least 9 of the 12 will be at the 400 or 500 level. (Note: Honours students are not permitted to register for general Economics courses where an Honours course in the same field is offered.)