Sep 27, 2020
Honors in Economics
Students planning to apply for admission to the Honors program should consult BA Honors for admission requirements. See BA (Honors) for Faculty regulations concerning the Honors program.
Honors in Economics requires a minimum of ★54 and a maximum of ★72 in Economics (at the 200-level and above). The Department offers two different routes or sets of course requirements to obtain Honors in Economics. One route includes advanced training in econometrics and mathematical economics and is appropriate for students contemplating continuing their studies in economics at the graduate level. The other also leads to a specialized degree in economics and requires completion of an honors essay; it is more appropriate for students with different career objectives or contemplating studies in related disciplines after graduation. Students should consult the Department Advisor to determine which route to select. Requirements for the two alternatives follow:
Honors Route for Graduate Study in Economics
This program does not have a minor
in mathematics (especially MATH 115 and MATH 225 ), statistics, and computing science are recommended as options.
400-level AREC courses approved as Arts options will be applied as senior level ECON, but will not fulfill 400-level ECON requirements.
Promotion from year to year requires a GPA of at least 3.0 with an average of at least 3.3 in all Economics courses.
Graduation with Honors in Economics requires a graduation average of at least 3.0 with an average of at least 3.3 in all Economics courses. Graduation with First Class Honors requires an average of at least 3.7 on all senior level Economics courses and a GPA of 3.5 or better on all courses in the final year (last ★30).
Combined Honors in Economics
Students may also pursue a combined program in Economics and another discipline. The common requirements in a Combined Honors program are the same as for other Honors programs (see BA (Honors) ).
A Combined Honors program in Economics and another discipline requires a minimum of ★36 (at the junior and senior levels) in Economics and a minimum of ★36 in the other discipline. Requirements in Economics for all Combined Honors programs in Economics except Economics and Mathematics are the same as listed in Honors in Economics.
Required courses in a Combined Honors program in Economics and Mathematics
Each Combined Honors program
Must have the approval of the Department of Economics and the other discipline. Only students enrolled in the Honors Essay route complete an Honors Essay. With the permission of the Honors Advisor, students pursuing Combined Honors in Economics (Honors Essay Route) and another discipline may write a combined honors essay (INT D 520 ) that is supervised jointly by faculty from both programs and the subject of which integrates both disciplines. In these circumstances, students will complete INT D 520 in place of ECON 400 .
Note: 400-level AREC courses approved as Arts options will be applied as senior level ECON, but will not fulfill 400-level ECON requirements.
Promotion and Graduation Requirements
In a Combined Honors program, students must meet the promotion and graduation standards of each department. Requirements in Economics are outlined in Honors in Economics.
Major and Minor in Economics
Degree of BA
See Bachelor of Arts (BA) .
A major in Economics requires:
A minimum of ★30 to a maximum of ★48 senior-level ECON including:
Senior-Level Credit Requirement for ECON
STAT 265 and STAT 266 can be presented in lieu of ECON 299 but are not applicable to the overall senior-level credit requirement for ECON.
- To have the greatest possible flexibility in their choice of the 300- and 400-level courses required to complete a concentration in Economics, students should complete all the departmental requirements earlier rather than later in their programs. In particular, students should complete the ECON 101 and ECON 102 (or ECON 204 ); MATH 113 ; STAT 141 or STAT 151 ; ECON 299 , ECON 281 and ECON 282 requirements as part of their first ★60. Students are urged to take MATH 113 as soon as possible, preferably in their first year.
- MATH 113 and STAT 141 or STAT 151 , meet the requirements for ★6 from the Faculty of Science.
- 400-level AREC courses approved as Arts options will be applied as senior level ECON in the major or minor, but will not fulfill 400-level ECON requirements.
For students taking Economics as a minor, the following courses are required:
Economics majors may choose
Economics majors may choose Mathematics or Statistics as their minor subject rather than a discipline offered by another program in the Faculty of Arts.
Promotion and Graduation Requirements
Promotion from year to year requires a GPA of at least 2.3. Students who wish to return to the Economics Major must present a GPA of 2.3 on a minimum of ★9 in a subsequent Fall/Winter.
Graduation with Majors in Economics requires a graduation average of at least 2.3 with an average of at least 2.3 in all Economics courses.