Economics

Program Structure

Honours

Students planning to attend graduate school, and those interested in advanced undergraduate studies, should enrol in the Honours Programme. Students wishing to pursue Honours should apply to the Department Chair at the end of their second year. Students need an average GPA of 3.0 in their economics courses to enter the Honours Programme, and are expected to maintain that average while in the programme.

For Honours in Economics, the following courses are required:
ECON 1006 Introduction to Economics (or ECON 1013 & 1023)
MATH 1013 Introduction to Calculus I
MATH 1023 Introduction to Calculus II
ECON 2103 Microeconomic Theory I
ECON 3133 Microeconomic Theory II
ECON 2113 Macroeconomic Theory I
ECON 3143 Macroeconomic Theory II
ECON 2123 Quantitative Methods I
ECON 3163 Quantitative Methods II
ECON 4183 Econometrics I
ECON 4193 Econometrics II
ECON 4013. Mathematical Economics I
ECON 4113. Mathematical Economics II
ECON 4546 Honours Thesis (minimum B grade) or ECON 4533 Honours Research Project

An additional 12 credit hours in economics are required to complete an Honours degree in economics. In addition, Honours students are to present a seminar to senior students and faculty as arranged by the Department. An overall average GPA of 3.0 on the economics courses specified for Honours is required to graduate with Honours. Students who do not fulfill all the requirements for Honours are automatically considered for a Major in Economics.

Honours in Political Economy

The regulations for Honours in Political Economy are the same as for the Honours in Economics Programme, except for the list of required courses. For Honours in political economy, the following courses are required:

ECON 1006 Introduction to Economics (or ECON 1013 & 1023)
ECON 2103 Microeconomic Theory I
ECON 3133 Microeconomic Theory II
ECON 2113 Macroeconomic Theory I
ECON 3143 Macroeconomic Theory II
ECON 2153 Political Economy I
ECON 2123 Quantitative Methods I
ECON 3233 Marxian Economics
ECON 4546 Honours Thesis (minimum B grade)

Three courses selected from: ECON 2203, 2213, 2223, 2303, 2403, 2423, 3323, 3333.

9 additional credit hours in economics, and 9 credit hours in cognate departments, are required to complete the requirements for an Honours degree in political economy.

Major

Students who elect a Major in Economics usually do so at the beginning of their second year; this enables them to take their economics courses in the best sequence. Students may elect a Major in Economics at the beginning of their third year, but their options may be restricted.

For a Major in Economics, 36 credit hours are required, including:
ECON 1006 Introduction to Economics (or ECON 1013 & 1023)
ECON 2103 Microeconomic Theory I
ECON 2113 Macroeconomic Theory I
ECON 2123 Quantitative Methods I

And at least one of the following: ECON 2153, 3133, 3143, 3163, or 3173.

The remaining courses are electives; of these, at least one must be selected from each of the following subject areas:

   • Political Economy
   • International Economy
   • Canadian Institutions and Policy

See specific listings below.

Students majoring in economics are eligible for the Work-Study Project, ECON 4506, in their fourth year.

Major in Economics with a Business Option

In addition to fulfilling the requirements for a Major in Economics, students selecting the business option are required to complete 18 credit hours in business, including:

Required Courses (6 credit hours)
BUSI 1015 Introduction to Business
BUSI 2023 Introduction to Financial Accounting

Elective Courses (12 credit hours) Available from STU

BUSI 3013 Personal Financial Planning

BUSI 3023 Nonprofit Management

BUSI 3033 Labour Relations and Collective Bargaining

BUSI 3513 Introduction to Industrial and Organizational Psychology (PSYC 3533)

Elective Courses (12 credit hours) Available from UNB
ADM 1313 Principles of Marketing
ADM 2223 Managerial Accounting
ADM 2413 Principles of Finance
ADM 2513 Organizational Behaviour
ADM 3123 Business Law I
ADM 3415 Corporate Finance
ADM 3445 Personal Financial Planning
ADM 3155 International Business

Students enter this program after completing ECON 1006 or ECON 1013 & 1023.The required courses are to be completed first. UNB Business courses (ADM) are restricted to those in the business option.

Minor

Students wishing to pursue a Minor in economics are required to take 18 credit hours of economics courses, including ECON 1006 or 1013 & 1023.