Economics is the social science that studies how individuals, firms, and governments make choices on allocating scarce resources to satisfy unlimited wants. Economics is everywhere: from students choosing how much time to allocate to studying versus going to the gym or going out, to governments choosing how to allocate resources to education, health care, or security, all these decisions involve a choice of one or more alternatives given limited resources, such as time and/or money.
There are two main branches of economics - microeconomics and macroeconomics. Microeconomics studies the behaviour of individual decision makers such as firms and households. It deals with determination of prices and quantities in individual markets and with the relationship among markets. In contrast, macroeconomics is concerned with the behaviour of the economy as a whole, in particular, with factors such as unemployment, national income, economic growth, inflation and price levels.
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| Grade for Entrance Previous Year (%)* | 75 |
These courses are intended as guidelines. Speak to your guidance counsellor to see what courses are offered at your school.
- Grade12 English or Grade12 French
- Grade11 Advanced Functions or Grade11 Functions and Relations
Applicants must have completed high school university preparatory courses in the following subjects: English or French at the grade 12 level, and Mathematics - Functions (calculus is recommended) at the grade 11 level. All students admitted to Arts will be required to complete university courses in math, chemistry and physics (specifically designed for Arts students) and are encouraged to have taken chemistry and physics university preparatory courses at the grade 11 level. Students must also offer a minimum course mark of 75% for each of the required courses and have an overall average of 75% on the best 6 courses completed in grade 12 including the required courses.
Students successfully completing their first year in Arts are eligible for entry into the programme leading to a B.A. Honours Economics or a B.A. Economics. |
* The entrance grade may change from year to year. Please contact the school for further information.
* We make every attempt to provide accurate information on prerequisites, programs, and tuition. However, this information is subject to change without notice and we highly recommend that you contact the school to confirm important information before applying.