Economics

OUAC CODE: TMS

Economics is a social science that encompasses a particular range of human behaviour and has a strong influence on the structure, well-being and development of a society.  It deals with any issue arising out of the conflict between the demand for goods and services, and a limited supply of resources to satisfy those demands.  Undergraduate training in Economics is intended to make students aware of the nature of economic science, and of the direction in which economic theory is moving.

Programs and specializations

The Department of Economics offers a wide variety of programs for undergraduate students ranging from Economics Minor, Major and Specialist programs, as well as various joint programs offered with other departments. One of those is the Commerce Program which combines economics and management, enabling students to develop analytical skills and gain knowledge of organizations and their environment.  Other joint programs include the International Affairs Specialist Program, the Economics & Political Science Specialist Program, and our Financial Economics Specialist Program which runs jointly with the Economics Department on the St. George Campus. 

Why choose U of T Mississauga for Economics?

  • U of T degrees are highly regarded by potential employers
  • Challenging and relevant courses 
  • World-class experts teaching their speciality areas
  • Distinctive programs:
    • Economics Specialist (Commerce and Finance)
    • Financial Economics Specialist
    • Economics & Political Science Specialist
    • International Affairs Specialist 
    • Economics Specialist, Major, Minor Programs

What high school preparation do I need?

Admission is based on six Grade 12 credits (Ontario U or M credits) one of which must be English (ENG4U),* plus:

  • For Economics: Grade 12 Advanced Functions (MHF4U).*
  • For International Affairs: Grade 12 Advanced Functions (MHF4U*). Grade 12 French (FSF4U/FEF4U/FIF4U*) or German or Italian, is recommended.

*This refers to courses from Ontario Curriculum. We will accept equivalent courses from other academic systems. For details, visit www.adm.utoronto.ca/adm.

What courses do I take?

For first-year Studies in Economics:

  • ECO100Y5: Introduction to Economics
  • MAT133Y5: Calculus & Linear Algebra for Commerce
  • (MAT135Y5: Calculus or MAT137T5: Calculus - recommended for Economic Specialist Programs)
  • Joint programs have additional required courses for 
  • the first year.

Some interesting upper-year courses include:

  • ECO333Y5: Urban Economics
  • ECO349H5: Money, Banking & Financial Markets
  • ECO365H5: International Monetary Economics

After graduation

Undergraduate training in economics is intended to familiarize students with the discipline of economic thinking, and to equip them for intelligent appraisal of contemporary economics problems. The completion of an economic program does not lead to any one specific job. Rather, students in Economics find employment opportunities in government, corporations, education, journalism, law, banking and the financial industry, and non-government organizations (NGOs).  

The Economics Major Program provides solid training in Economics and may be combined with a Major or a joint Specialist Program for a four-year Honours BA degree.

An Economics Specialist Program provides training in Economics, providing solid analytical preparation for employment in business or government or for graduate studies in Economics, business, law or other areas. Careers in economic research often require graduate study at the MA or PhD level.  The Financial  Specialist Program prepares students for work in the financial sector.

The International Affairs Specialist Program provides background and training in the combination of analytical and linguistic skills demanded of individuals who wish to work in the context of an increasingly globalized economy.  Employment opportunities pertain to political, commercial and economic relationships between nations.

More information

Ferzeen Sammy
Undergraduate Student Advisor
www.utm.utoronto.ca/economics