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Economics and Finance

Degree Awarded: Bachelor of Arts (Honours)
Administered by: Department of Economics
Program Format: Full-time, four-year program.
Full-time, five-year co-op program.

O.S.S.D. with six Grade 12 U/M courses, including Grade 12 U English.

Notes:

  1. ENG4U/EAE4U is the preferred English. 
  2. A grade of 70 percent or higher will be required in Grade 12 U English.
  3. Subject to competition, candidates may be required to present averages/grades above the minimum.

Few contemporary trends are as significant as the integration of the global economy. With the rapid expansion in international trade and cross-border investment flows, businesses throughout the world are being forced to meet foreign competition with improved products and streamlined production methods, in markets at home as well as abroad. These trends have produced rewarding new career opportunities for graduates who possess a solid understanding of the global economy and have the skills required to evaluate and manage risk in a global setting. These careers require not just a practical grasp of economic theory, but also a capacity to access relevant data sources and judge their reliability, model economic relationships, and provide forecasts of key economic variables.

Upon graduation, students will be ready to take on challenging positions in global business, finance, or the public sector, in fields such as international market research, global mutual funds, or policy evaluation. Graduates of the program can also further their education through graduate studies such as an MA in Economics or an MBA. Whatever a student’s particular career path, their future success will be based in large part on the broadly based proficiency they have acquired with this degree.

The goals of the program are:

  • To provide students with a highly structured and rigorous program of study combining both analytical depth and hands-on practical experience.
  • To develop graduates with a range of skills and knowledge in high demand in today’s workplace:
    • analytical proficiency in economic theory, statistical techniques (including forecasting), and finance (in areas such as foreign exchange and derivative securities)
    • well-developed communications skills with a series of oral reports, written essays, and computer-based assignments spread throughout the four years of study

During their years of study at Toronto Met, students will benefit from the professional expertise of the Economics faculty. Department members specialize in areas as diverse as trade theory, financial theory, econometrics, economic development, industrial organization, economic history, and public finance. The Department also has a strong commitment to undergraduate teaching.

Students have a chance to interact with professional economists in private industry and government, who participate in the program as guest lecturers, advisers on special projects and sponsors of work placements. These professional economists include members of the program advisory committee.

Transferability Guidelines

Students admitted to the Bachelor of Arts programs in Criminology, Economics and Finance, English, Environment and Urban Sustainability, Geographic Analysis, History, Language and Intercultural Relations, Philosophy, Politics and Governance, Psychology or Sociology may transfer to any one of the other  programs or to any one of the approved double major programs for the Fall term of their second year of studies. Applications are provided via Google Form and must be submitted by February 2nd. Transfer applications are considered on a competitive basis subject to program capacity, and therefore, program choice cannot be guaranteed.

In order to transfer to Economics and Finance from any of Criminology, English, Environment and Urban Sustainability, Geographic Analysis, Language and Intercultural Relations, Philosophy, Politics and Governance, Psychology, or Sociology, students must:

  1. have a CLEAR Academic Standing at the end of the Winter term of their second semester of studies.

Co-operative Program Overview

An optional Co-operative education program is available which provides students with 12 months of work experience that will complement their classroom studies and support the development of essential employability skills required for the workforce, including communication, collaboration and problem solving.

Although the Career, Co-op & Student Success Centre cannot guarantee placements, they provide assistance in locating suitable positions and counselling students in their search for suitable jobs. This Co-op program enables students to earn competitive wages to offset the costs of a university education.

Students who have completed the first two years of the regular program must apply through the department for admission to the Co-operative program in the Spring/Summer semester immediately following Semester 4. Enrolment in the Co-op program is limited. Admission will be based on a portfolio which includes the student's grade point average, a resume and a statement of intent. Screening interviews may also be required.

The sequencing of academic and work terms is shown below:

   Fall  Winter Spring/Summer
Year 1 1st Semester 2nd Semester --
Year 2 3rd Semester 4th Semester --
Year 3 5th Semester 6th Semester WKT 150
Year 4 7th Semester WKT 250 WKT 350
Year 5 WKT 450 (optional)
8th Semester  

Students must successfully complete a minimum of three work terms in order to graduate from the Co-op program.
 
In most cases the Co-op program requires five years to complete the degree in Economics and Finance. Students will have the option to fast track if they choose to take electives during the Spring/Summer. The regular program can be completed in four years.
 
All Co-op placements must be approved by the Career, Co-op & Student Success Centre and the Faculty Advisor for the Economics and Finance program.

Liberal Studies

Students must take two lower level liberal studies courses and four upper level liberal studies courses to graduate. Students must not choose courses that are restricted for their program or major.

Please refer to the liberal studies chapter of this calendar for more information on the Liberal Studies Policy. Further information on liberal studies can also be found at the Faculty of Arts' Liberal Studies website (opens in new window) .

Table A - Lower Level Restrictions

Economics (ECN) courses and PHL 214 are not available for credit.

Table B - Upper Level Restrictions

Economics (ECN) courses are not available for credit.  

Minors

Students may pursue any Minor offered by Toronto Met (with some exceptions). Please refer to the Minors chapter of this calendar for further information on individual Minor requirements and exclusions.

The G. Raymond Chang School of Continuing Education Certificates

Undergraduate students wishing to pursue a continuing education certificate program should be aware of possible program exclusions. Please refer to the Certificate Registration section of the Curriculum Advising website (opens in new window)  for complete details.

3rd & 4th Semester

Revised curriculum begins 2025-2026 for students admitted Fall 2024. Last offered 2025-2026.

3rd Semester

REQUIRED:

  • ECN 129 Statistics for Economics I
  • ECN 189 Mathematics for Economics I
  • ECN 220 Evolution of the Global Economy
  • ECN 320 Introduction to Financial Economics

LIBERAL STUDIES:
One course from Table B - Upper Level Liberal Studies (opens in new window) .

Course selection must not include any courses with an ECN prefix.

4th Semester

REQUIRED:

  • ECN 230 Mathematics for Economics II
  • ECN 329 Statistics for Economics II
  • ECN 301 Intermediate Macroeconomics I
  • ECN 504 Intermediate Microeconomics I

OPEN ELECTIVE: One Open Elective

LIBERAL STUDIES:
One course from Table B - Upper Level Liberal Studies (opens in new window) .

Course selection must not include any courses with an ECN prefix.

  

5th & 6th Semester

Last offered 2026-2027 to students admitted Fall 2024.

5th Semester

REQUIRED:

REQUIRED GROUP 1: One course from the following:

                        OR

LIBERAL STUDIES: One course from Table B - Upper Level Liberal Studies.

Course selection must not include any courses with an ECN prefix.

*Students will normally enrol in the Required Group 1 course during the term of their placement. 
†This course is graded on a pass/fail basis.

6th Semester

REQUIRED:

REQUIRED GROUP 1: One course from the following:

                       OR

*Students will normally enrol in the Required Group 1 course during the term of their placement. 

†This course is graded on a pass/fail basis.

  

7th & 8th Semester

Last offered 2027-2028 to students admitted Fall 2024.

REQUIRED:

CORE ELECTIVE: One course from the following:

LIBERAL STUDIES:
One course from Table B - Upper Level Liberal Studies.
Course selection must not include any courses with an ECN prefix.

CORE ELECTIVE: Three courses from Table II.

OPEN ELECTIVE: Four Open Electives.

1st & 2nd Semester

First offered 2025-2026 to students admitted Fall 2025 and after.

REQUIRED:

  • ECN 101 Principles of Microeconomics
  • ECN 109 Basic Mathematics for Economics
  • ECN 201 Principles of Macroeconomics
  • SSH 105 Critical Thinking
  • SSH 205 Academic Writing and Research

REQUIRED GROUP 1: Four courses from Table I.

OPEN ELECTIVE: One Open Elective.

 

  

3rd & 4th Semester

First offered 2026-2027 to students admitted Fall 2025 and after.

3rd Semester

REQUIRED:

  • ECN 129 Statistics for Economics I
  • ECN 189 Mathematics for Economics I

OPEN ELECTIVE: Two Open Electives.

LIBERAL STUDIES:
One course from Table A - Lower Level Liberal Studies.

Course selection must not include any courses with an ECN prefix.

4th Semester

REQUIRED:

  • ECN 230 Mathematics for Economics II
  • ECN 320 Introduction to Financial Economics
  • ECN 329 Statistics for Economics II

OPEN ELECTIVE: One Open Elective

LIBERAL STUDIES:
One course from Table A - Lower Level Liberal Studies.

Course selection must not include any courses with an ECN prefix.

  

5th & 6th Semester

First offered 2027-2028 to students admitted Fall 2025 and after.

5th Semester

REQUIRED:

CORE ELECTIVE/OPEN ELECTIVE: One course from Table I or one Open Elective.

6th Semester

REQUIRED:

LIBERAL STUDIES:
One course from Table B - Upper Level Liberal Studies.

Course selection must not include any courses with an ECN prefix.

  

7th & 8th Semester

First offered 2028-2029 to students admitted Fall 2025 and after.

7th Semester

REQUIRED GROUP 1: One of the following:

REQUIRED GROUP 2: One of the following:

CORE ELECTIVE: One course from Table II.

LIBERAL STUDIES:
Two courses from Table B - Upper Level Liberal Studies.

Course selection must not include any courses with an ECN prefix.

8th Semester

CORE ELECTIVE: Three courses from Table II.

OPEN ELECTIVE: One Open Elective.

LIBERAL STUDIES:
One course from Table B - Upper Level Liberal Studies.

Course selection must not include any courses with an ECN prefix.

1st & 2nd Semester

First offered 2025-2026 to students admitted Fall 2025 and after.

REQUIRED:

  • ECN 101 Principles of Microeconomics
  • ECN 109 Basic Mathematics for Economics
  • ECN 201 Principles of Macroeconomics
  • SSH 105 Critical Thinking
  • SSH 205 Academic Writing and Research

REQUIRED GROUP 1: Four courses from Table I.

OPEN ELECTIVE: One Open Elective.

 

  

3rd & 4th Semester

First offered 2026-2027 to students admitted Fall 2025 and after.

3rd Semester

REQUIRED:

  • ECN 129 Statistics for Economics I
  • ECN 189 Mathematics for Economics I

OPEN ELECTIVE: Two Open Electives.

LIBERAL STUDIES:
One course from Table A - Lower Level Liberal Studies.

Course selection must not include any courses with an ECN prefix.

4th Semester

REQUIRED:

  • ECN 230 Mathematics for Economics II
  • ECN 320 Introduction to Financial Economics
  • ECN 329 Statistics for Economics II

OPEN ELECTIVE: One Open Elective

LIBERAL STUDIES:
One course from Table A - Lower Level Liberal Studies.

Course selection must not include any courses with an ECN prefix.

  

5th & 6th Semester

First offered 2027-2028 to students admitted Fall 2025 and after.

5th Semester

REQUIRED:

CORE ELECTIVE/OPEN ELECTIVE: One course from Table I* or one Open Elective.

*Students in the Co-op Program should take SSH 104 (Table I) to fulfil this requirement.

6th Semester

REQUIRED:

LIBERAL STUDIES:
One course from Table B - Upper Level Liberal Studies.

Course selection must not include any courses with an ECN prefix.

  

7th & 8th Semester

7th Semester

First offered Fall 2028 to students admitted Fall 2025 and after.

REQUIRED GROUP 1: One of the following:

REQUIRED GROUP 2: One of the following:

CORE ELECTIVE: One course from Table II.

LIBERAL STUDIES:
Two courses from Table B - Upper Level Liberal Studies.

Course selection must not include any courses with an ECN prefix.

8th Semester

First offered Fall 2029 or Winter 2030 to students admitted Fall 2025 and after.

CORE ELECTIVE: Three courses from Table II.

OPEN ELECTIVE: One Open Elective.

LIBERAL STUDIES:
One course from Table B - Upper Level Liberal Studies.

Course selection must not include any courses with an ECN prefix.

The sequencing of academic and work terms is shown below:

Revised WKT sequence for students admitted Fall 2025 and after.

   Fall  Winter Spring/Summer
Year 1 1st Semester 2nd Semester --
Year 2 3rd Semester 4th Semester --
Year 3 5th Semester 6th Semester WKT 150
Year 4 7th Semester WKT 250 WKT 350
Year 5 WKT 450 (optional)
8th Semester  

Students must successfully complete a minimum of three work terms in order to graduate from the Co-op program.
 
In most cases the Co-op program requires five years to complete the degree in Economics and Finance. Students will have the option to fast track if they choose to take electives during the Spring/Summer. The regular program can be completed in four years.
 
All Co-op placements must be approved by the Career, Co-op & Student Success Centre and the Faculty Advisor for the Economics and Finance program.

A Program Advisory Council (PAC) is a group of volunteers that provides expert advice to a school or department on program related matters such as curriculum, program review, technology and trends in the industry, discipline or profession. For more information, see Senate Policy #158 (Program Advisory Councils).

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