PROGRAMS IN ECONOMICS

 General Arts Economics Major
A General BA program with a major in Economics is offered. The
requirements for the program are the same as for the other General
Arts programs and can be found on page 56.

 Honours Economics Programs
The Department of Economics offers the following programs:
 I   Honours Economics (Regular and Co-op)
 II  Honours Economics and Accounting (Regular and Co-op)
 III Honours Economics and Financial Management (Regular and Co-op)
 IV  Honours Economics with Administration Option (Regular and
     Co-op)
 V   Honours Economics in Combination With Another Honours
     Program (Regular)
     For information on the Co-operative Option, see page 93.

    All students must adhere to both the University
regulations and the school/department regulations unless the
written approval of both the Department and the Dean has been
obtained.
       The following regulations apply to all Honours Economics
programs.
   1. Honours Economics students (with the exception of Third-Year
      co-op students) must meet requirements for progression to the
      next year of their program by April 30 of the current
      academic year. Third-Year co-op students must meet
      requirements for progression to Fourth Year by August 31 of
      the current academic year.
   2. Probation   See page 25 Academic Regulations Section.
   3. Honours Economics students who have not completed all of the
      courses specified for a particular year of their Honours
      Economics program may proceed to the next year of that
      program provided that they satisfy all GPA requirements.
   4. Students who have failed a course may proceed in an Honours
      Economics program, provided that the required average has
      been met. Such students must repeat a failed course if it is
      a required course. If it is not a course required by the
      program, students may repeat it or take an additional course.
      However, the  F' grade of a course not required by the
      program will be included in the student's GPA, if the course
      is not repeated.
   5. In exceptional cases a student may be exempted from
      completion of a required course if the appropriate grade has
      been attained in an equivalent or related course.
   6. Students may not declare a substitute for a course
      previously attempted.
   7. Fourth-Year students will normally meet graduation
      requirements by April 30 (regular) or August 31 (co-op) of
      the current academic year.  Fourth-year students who have not
      met all of the requirements for graduation by those dates may
      proceed to meet those requirements within one calendar year
      of those dates. This provision does not apply to those
      students who enter Fourth Year on academic probation and who
      fail to clear probation at the end of the probationary
      period.
   8. A student who has successfully completed all of the
      courses of their Honours Economics program, but who has not
      achieved the GPA required for graduation from that
      program, may elect to receive a General Bachelor of Arts
      degree in Economics.

 Honours Economics with a Major or Minor in Another Field
Students in Honours Economics programs may choose to organize their
elective courses in such a way as to meet the requirements for a
major or minor in a subject other than Economics. Additional
courses may be necessary to fulfil these requirements, as well as
those of the Honours program. The following regulations will apply.
    1. All Common and Special Requirements for the major or minor
       must be fulfilled. 
    2. The student must achieve a GPA of at least 4.50 on all
       courses of the major or minor subject, or on all courses
       counted toward the interdepartmental major. This
       regulation does not apply when a greater minimum GPA is    
       required for the secondary program chosen.
    3. An Honours student may receive designation for one General
       major and/or one minor.
    4. An Economics course counted toward the Honours program in
       Economics may not also be counted toward a General major or
       minor.
    5. One credit (or equivalent) taken on a Letter of Permission
       basis, may be counted towards the minor requirements.

 I Honours Economics (Regular and Co-op)
The program consists of 20 full-credit courses (or equivalent). A
minimum of 10 and a maximum of 14 credits are in Economics. Of
these a minimum of 3.5 and a maximum of 7.5 (or equivalent) are
Economics electives. See chart below for program requirements.


			HONOURS ECONOMICS PROGRAM

Year		Required	Required	Electives
of		Economics	Non-Economics
Program		Courses		Courses
 
FIRST		EC120		MA130 or	Electives sufficient
YEAR		EC140		MA100*		to total 5.0 credits
						(required plus elective
						courses)
FIRST YEAR COMMENTS:
Progression into the Second Year requires a GPA of 6.00 in EC120 and EC140
and a GPA of 4.00 in non-Economics courses.


Year		Required	Required	Electives
of		Economics	Non-Economics
Program		Courses		Courses

SECOND		EC270		MA122		1.0 Economics elective
YEAR		EC285				credit.
		EC290				1.5 elective credits.
		EC295

SECOND YEAR COMMENTS:
Progression into Third Year requires a cumulative GPA of 7.00 in Economics
courses and a cumulative GPA of 5.00 in non-Economics courses.


Year		Required	Required	Electives
of		Economics	Non-Economics
Program		Courses		Courses
 
THIRD		EC355				1.0 Economics elective
YEAR		EC370				credit.
		EC381				2.0 elective credits.
		EC390

THIRD YEAR COMMENTS:
Progression into Fourth Year requires a cumulative GPA of 7.00 in Economics
courses and a cumulative GPA of 5.00 in non-Economics courses.


Year		Required	Required	Electives
of		Economics	Non-Economics
Program		Courses		Courses

FOURTH		EC450 or EC453			1.5 Economics elective
YEAR		EC470				credits.
		EC481				2.0 elective credits.

FOURTH YEAR COMMENTS:
A cumulative GPA of 7.0 in Economics courses and a cumulative GPA of 5.00
in non-Economics courses are required for graduation.


 II Honours Economics and Accounting (Regular and Co-op)
The program consists of 20 full-credit courses (or equivalent), of
which 8.5 credits are in Economics and a minimum of 7 credits are
in Business. A minimum of two credits must be Economics electives.
Other requirements are given in the chart immediately below. Most of the
university credits required by the CA, CGA, and CMA professional
accounting designations can be included in this program.
Information on specific course requirements for professional
accounting designations can be obtained from the External Programs
Office of the Department of Business. Third and Fourth Year
students should obtain advice on the selection of accounting and/or
finance courses from the External Programs office of the Department
of Business.




		HONOURS AND ECONOMICS AND ACCOUNTING PROGRAM

YEAR		REQUIRED	REQUIRED	ELECTIVES
OF		ECONOMICS	NON-ECONOMICS	
PROGRAM		COURSES		COURSES

FIRST		EC120		MA130 or	Electives sufficient
YEAR		EC140		MA100*		to total 5.0 credits
		BU111				(required plus elective
		BU121				courses)

FIRST YEAR COMMENTS:
Progression into Second Year requires a GPA of 6.00 in EC120 and EC140, a
GPA of 6.00 in BU111 and BU121, and a GPA of 4.00 in non-Economics courses.


YEAR		REQUIRED	REQUIRED	ELECTIVES
OF		ECONOMICS	NON-ECONOMICS	
PROGRAM		COURSES		COURSES

SECOND		EC270 EC285	MA122		1.0 Economics elective
YEAR		EC290 EC295			credit.
		BU227 BU231
		BU247

SECOND YEAR COMMENTS:
Progression into Third Year requires a cumulative GPA of 7.00 in Economics
and Business courses combined, and a cumulative GPA of 5.00 in non-Economics
courses.


YEAR		REQUIRED	REQUIRED	ELECTIVES
OF		ECONOMICS	NON-ECONOMICS	
PROGRAM		COURSES		COURSES

THIRD 		EC355 EC370			0.5 Economics elective
YEAR		EC381 EC390			credit.
		BU357 BU383
		BU387 BU393
		BU397

THIRD YEAR COMMENTS:
Progression into Fourth Year requires a cumulative GPA of 7.00 in Economics
and Business courses combined, and a cumulative GPA of 5.00 in non-Economics
courses.


YEAR		REQUIRED	REQUIRED	ELECTIVES
OF		ECONOMICS	NON-ECONOMICS	
PROGRAM		COURSES		COURSES

FOURTH		EC450 or EC453			0.5 Economics elective
YEAR		EC470    EC481			credit.
		Any four of:			1.0 elective credit.
		BU415 or BU476
		BU417,	 BU423,
		BU433,	 BU437,
		BU443,	 BU447,
		BU453,	 BU456,
		BU457,	 BU463,
		BU466,   BU467,
		BU473,	 BU477,
		BU483,	 BU487,
		BU493,	 BU496,
		BU497.

FOURTH YEAR COMMENTS:
Graduation requires a cumulative GPA of 7.00 in Economics and Business 
courses combined, and a cumulative GPA of 5.00 in non-Economics courses.







 III Honours Economics and Financial Management (Regular and Co-op)
The program consists of 20 full-credit courses (or equivalent), of
which 8.5 credits are in Economics and a minimum of 6 credits are
in Business. A minimum of two credits must be Economics electives.
Other requirements are given in the chart below.


	HONOURS ECONOMICS AND FINANCIAL MANAGEMENT PROGRAM

YEAR		REQUIRED ECONOMICS	OTHER		ELECTIVES
OF		AND BUSINESS		REQUIRED	
PROGRAM		COURSES			COURSES

FIRST		EC120			MA130 or	Electives sufficient
YEAR		EC140			MA100*		to total 5.0 credits
		BU111					(required plus
		BU121					elective courses)

FIRST YEAR COMMENTS:
 Progression into the Second Year requires a GPA of 6.00 in EC120 and EC140,
a GPA of 6.00 in BU111 and BU121, and a GPA of 4.00 in non-Economics courses.


YEAR		REQUIRED ECONOMICS	OTHER		ELECTIVES
OF		AND BUSINESS		REQUIRED	
PROGRAM		COURSES			COURSES

SECOND		EC270			MA122		1.0 Ecconomics 
YEAR		EC285					elective credit.
		EC290
		EC295
		EC227
		EC231
		EC247

SECOND YEAR COMMENTS:
 Progression into Third Year requires a cumulative GPA of 7.00 in 
Economics and Business courses combined, and a cumulative GPA of 5.00 in
non-Economics courses.


YEAR		REQUIRED ECONOMICS	OTHER		ELECTIVES
OF		AND BUSINESS		REQUIRED	
PROGRAM		COURSES			COURSES

THIRD		EC355					0.5 Economics 
YEAR		EC370			   		elective credit.
		EC381					1.0 elective credit.
		EC390
		BU357
		BU383
		BU393

THIRD YEAR COMMENTS:
 Progression into Fourth Year requires a cumulative GPA of 7.00 in 
Economics and Business courses combined, and a cumulative GPA of 5.00 in
non-Economics courses.


YEAR		REQUIRED ECONOMICS	OTHER		ELECTIVES
OF		AND BUSINESS		REQUIRED	
PROGRAM		COURSES			COURSES

FOURTH		EC450 or EC453				O.5 Economics 
YEAR		EC470					elective credit.
		EC481					1.0 elective credit.
		Any four of:
		BU423, BU433
		BU443, BU453
		BU463, BU473
		BU483, BU493

FOURTH YEAR COMMENTS:
 Graduation requires a cumulative GPA of 7.00 in 
Economics and Business courses combined, and a cumulative GPA of 5.00 in
non-Economics courses.




 IV Honours Economics with Administration Option
    (Regular and Co-op)
The program consists of 20 full-credit courses (or equivalent). A
minimum of 10 credits are in Economics, including a minimum of 3.5
credits of Economics electives. For program requirements, see the
Honours Economics program chart (below section I) and the description of
the Administration Option .

 V Honours Economics in Combination with Another Honours Program
   (Regular)
 The combined Honours Economics program consists of 20 full-credit
courses (or equivalent), of which a minimum of nine are in
Economics. Requirements of the related department must be met.
Other requirements are listed below.

 Required Courses
EC120, EC140, EC270, EC285, EC290, EC295, EC355, EC370, EC381,
EC390, EC450 or EC453; EC470, EC481 plus two and a half elective
credits in Economics.
MA130 (or MA100*); MA122

    Progression to the Second Year requires a GPA of 6.00
in EC120 and EC140. For progression to Third and Fourth Years a
cumulative GPA of 7.00 is required in Economics courses.
    A cumulative GPA of 7.00 in Economics courses and a
minimum cumulative GPA of 5.00 in non-Economics courses are
required for graduation. The Department offering the subject taken
in combination may have further requirements.

 Note:
The following courses are suggested as possible electives for
students taking:
History: EC227, EC237, EC247, and EC217
Geography: EC208, EC218, EC234, EC238, and EC244
Political Science: EC213, EC233, EC303, and EC313