Major Concentration in Economics
The Major concentration in Economics is a 36-credit program. A Major concentration student in Economics is required to complete 6 credits in Microeconomic Theory (ECON 230D), 6 credits in Macroeconomic Theory (ECON 330D) and 6 credits in Economic Statistics (ECON 227D). Microeconomics focuses on the study of the behaviour of individual economic agents and how the interaction of individuals results in market outcomes. Macroeconomics focuses on economy-wide issues such as unemployment rates, money supply and inflation, as well as public policies to influence such macroeconomic aggregates. Statistical tools developed in ECON 227D enable a student to conduct and evaluate theories and empirical studies.
In addition to the above, a Major concentration student must complete 18 complementary credits in economics from among the broad variety of courses offered in economics. These courses must have the number 210 or higher. No more than 6 credits can be at the 200 level and at least 6 credits must be at the 400 or 500 levels. Though there are some restrictions limiting the choices (e.g. ECON 295 not eligible for credit) students are largely free to select from among the Department's economics courses to meet their Major concentration requirements. Courses are available in a wide variety of areas, such as econometrics, economic history, economic development, environmental economics, industrial organization, international trade and finance, labour economics, money and banking, public finance, etc. Students should consult the Major Concentration handout for full details.
Minor Concentrations in Economics
The Minor concentrations in Economics are offered to students whose primary interests are in a discipline other than economics, but who nevertheless wish to pursue some specialization in economics. The Minor concentration in Economics consists of 18 credits. The requirements vary depending on the minor concentration chosen. Students should consult the Minor Concentrations handout for full details.