Economics
間眅埶AV Requirements
See “” for University admission requirements. As well, the department requires that the applicant must hold a bachelor’s degree with honours in economics or business administration, or must complete additional work to that standard. Normally, the graduate admissions committee will specify the appropriate additional requirements at the time of admission.
Degree Requirements
The MA program has four options (see below). Under each option, ECON 798 is required in addition to other work, unless a grade acceptable to the graduate program committee has been obtained in equivalent courses. An undergraduate course can be used with the approval of the graduate program committee.
- thesis option – seven courses including core work and an original thesis
- extended essay option – seven courses including core work and two extended essays
- project option – eight courses including core work and a research project
- course option – nine courses including core work and ECON 899 (MA Research Paper)
Core Course Work
The core course work will normally consist of
An examination of the economic theory of market prices with reference to behavior of individual households, firms, and markets. Special emphasis will be placed on the implications of individual behavior for the allocation of resources. Prerequisite: ECON 331. Offered once a year.
and one of
An examination of basic macroeconomic theory, empirical macroeconomic data and models, macroeconomic analysis, and application to economic developments and policy issues. Prerequisite: ECON 798 or equivalent. Offered once a year.
An analysis of current theories of aggregate economic behavior. Topics covered in this course may include long-run growth, dynamic general equilibrium models, and business cycle analysis. Students with credit ECON 805 may not take this course for further credit.
and one of
A 'hands-on' course in implementing econometric techniques for empirical investigation of economic issues. Prerequisite: ECON 835 or equivalent.
The theory of the general linear model and the implications of basic econometric problems such as multicollinearity, autocorrelated residuals, errors in variables and heteroscedasticity. The use of dummy and lagged variables, simultaneous equation models. The identification problem. Estimation of over-identified equations. Offered once a year. Prerequisite: ECON 835 or equivalent.
Elective Course Work
The remaining courses beyond those designated as core work will be ECON graduate courses or, with permission of the graduate program chair, courses in graduate business administration and other subjects.
Research and Oral Examination
Under the thesis, extended essay or project option, research papers (not including ECON 899) must meet the standards set out in the Graduate General Regulations (). An oral examination is required covering the students’ written research in particular, and program in general, as outlined in the Graduate Regulations.
Co-operative Education
This optional program provides work experience that complements MA studies.
MA students in good standing with a minimum 3.0 GPA are eligible for co-op after satisfactory completion of
An examination of the economic theory of market prices with reference to behavior of individual households, firms, and markets. Special emphasis will be placed on the implications of individual behavior for the allocation of resources. Prerequisite: ECON 331. Offered once a year.
A 'hands-on' course in implementing econometric techniques for empirical investigation of economic issues. Prerequisite: ECON 835 or equivalent.
and one of
An examination of basic macroeconomic theory, empirical macroeconomic data and models, macroeconomic analysis, and application to economic developments and policy issues. Prerequisite: ECON 798 or equivalent. Offered once a year.
An analysis of current theories of aggregate economic behavior. Topics covered in this course may include long-run growth, dynamic general equilibrium models, and business cycle analysis. Students with credit ECON 805 may not take this course for further credit.
The program consists of one or two separate work terms. Arrangements are made through the Faculty of Arts and Social Sciences co-op co-ordinator during the first semester of study (see Co-operative Education). To participate, prior approval from the graduate chair in the Department of Economics is required.
Academic Requirements within the Graduate General Regulations
All graduate students must satisfy the academic requirements that are specified in the , as well as the specific requirements for the program in which they are enrolled, as listed above.