DegreeOptions
At the end of Level I, students who meet the requirements outlined below can pursue one of the following degree options in Economics:
Honours Economics B.A.*
Grade Point Average of 5.0 (C) including an average of at least 5 0 (C) in ECON 1B03 and 1BB3 and completion of one of ECON 1ME3, MATH 1MM3, 1A03, 1LS3 (Co-op option available. Enrolment is limited).
Combined Honours B.A. in Economics & another subject*
Grade Point Average of 5 0 (C) including an average of at least 5.0 (C) in ECON 1B03 and 1BB3 and completion of one of ECON 1ME3, MATH 1MM3, 1A03, 1LS3 Satisfaction of admission requirements for the Honours program in the other B.A. subject.
Honours Economics B.A. Specialist Option*
Grade Point Average of 5 0 (C) including an average of at least 5.0 (C) in ECON 1B03 and 1BB3 and completion of one of ECON 1ME3, MATH 1MM3, 1A03, 1LS3
Honours Economics & Computer Science B.A.*
Limited Enrolment – Possession of the published minimum requirements does not guarantee admission. Grade Point
Average of 5 0 (C) including an average of at least 5 0 (C) in ECON 1B03 and 1BB3, and a weighted average of at least 5.0 in ECON 1B03, ECON 1BB3, MATH 1A03, 1AA3, and 1B03 and an average of at least 7 0 in COMPSCI 1JC3 and 1MD3
Honours Economics & Mathematics B.A.*
Limited Enrolment – Possession of the published minimum requirements does not guarantee admission Grade Point
Average of at least 5.0 including an average of at least 5.0 in ECON 1B03 and 1BB3; and successful completion of one of MATH 1A03, 1LS3 or 1X03 and one of MATH 1AA3, 1LT3, or 1XX3 with a grade of at least C+; and MATH 1B03.
B.A. Economics*
Grade Point
Average of 3 5 (C-) including an average of 4 0 (C-) in ECON 1B03 and 1BB3 and completion of one of ECON 1ME3, MATH 1MM3, 1A03, 1LS3
In McMaster Economics, you’ll explore how decisions big and small shape our world: from trade and taxes to health, pricing, and pay. Our internationally recognized faculty lead cutting-edge research, and our grads are in demand across law, finance, politics, business, and more. With honours options including math or computer science, you’ll build the analytical skills employers want.
Economics
Students can enrol directly into Economics I. Entrance requirements to this program for Ontario students: ENG4U, MCV4U, and MHF4U. Completion of three additional U or M courses to total six courses For students wishing to enter Level II of an Economics program from a Level I program other than Economics I, it is highly recommended that MATH 1MM3 (or MATH 1LS3 or MATH 1A03) be completed in Level I
LevelICourses BeyondFirstYear
Economics 1B03:
Economics 1B03:
Choose from a variety of courses, such as:
Introductory Microeconomics
Introductory Microeconomics
International Trade
Concurrent Certificate in Applied Social Sciences Research:
Microeconomics is the study of how individuals and companies interact in the markets for goods, services and labour. Explore:
Microeconomics is the study of how individuals and companies interact in the markets for goods, services and labour. Explore:
Financial Economics
Health Economics
Environmental Economics
For students interested in broader exposure and competencies in applied research methods
Demand and supply
Demand and supply
Monetary Economics
Economics students only need one extra credit in SOCSCI 1RM3 to be eligible!
Consumers and producers
Consumers and producers
Statistics
Market structure and policy implications
Market structure and policy implications
Economics of Trade Unionism and Labour
Economics of Aging
Concurrent Certificate in Social Innovation:
Students learn how to analyze the consequences of various economic policies.
Students learn how to analyze the consequences of various economic policies.
Economic Growth and Development
Public Sector Economics
Industrial Organization Honours Economics
This certificate is designed for students to develop an academic focus in the development and implementation of solutions for effective, longterm social impact.
Economics 1BB3:
Economics 1BB3:
Introductory Macroeconomics
Introductory Macroeconomics
Macroeconomics considers total economic activity rather than and companies
SpecialistOption
Macroeconomics considers total economic activity rather than individuals and companies. Discover the computation of economic variables including the inflation rate, interest rates, and unemployment rates Macroeconomic models are developed to analyze:
AcceleratedEconomics
Discover the computation of economic variables including the inflation rate, rates, and unemployment rates. Macroeconomic models are developed to analyze:
The health of the economy in both short run and long run
The health of the economy in both short run and long run
The Honours Economics Specialist Option is a 4-year program designed for students who are considering graduate work in economics. This option requires an additional econometrics course, necessary for studying at the graduate level
Fiscal and monetary policy options
Fiscal and monetary policy options
The Accelerated Honours Economics option caters to students who aspire to expedite their careers in economics and graduate in three years This option is available to all Honours Economics I students Students will still need to apply to a Level II program at the end of their first year and must maintain a minimum cGPA of 5.0.
The role of the government in the economy as a whole
The role of the government in the economy as a whole
Developing analytical and problem solving skills is a key outcome of this course.
Developing analytical and problem solving skills is a key outcome of this course.
All course prerequisites must be successfully met and requirements must be completed in a set sequence. Successful completion will allow for Fall graduation in November of the respective year.
Economics 1ME3:
Economics 1ME3:
Introduction to Mathematical Economics
Introduction to Mathematical Economics
This course is an introduction to mathematical and statistical methods applied in economics. It will improve the mathematical skills required to study intermediate economic theories and analyze economic data Topics include partial derivatives, optimization, basic probability and statistics, and linear algebra The mathematical results are illustrated through fundamental economic applications.
This is introduction to mathematical and statistical methods applied in economics It will improve the mathematical skills required to study economic theories and analyze economic data. Topics include partial derivatives, optimization, basic probability and statistics, and linear algebra. The mathematical results are illustrated through fundamental economic applications.
“AsanEconomicsmajoratMcMaster University,Igainedadeeperinsightinto thefactorsdrivingeconomicconditions invariouscountriesandtheways peoplerespondtothesesituations This knowledgehasbeeninstrumentalin shapingmyunderstandingoffuture economictrendsandtheimpactof individualactionsonthebroader economiclandscape.”
-KenchoniO.(EconomicsAlum)
PotentialCareers
Financial Planner
Banking/Financial Services
Lawyer
Policy Researcher
Market Researcher
Manager (Government/Business)
Economic Analyst
Statistician
Budget Analyst