Faculty of Social Sciences : Department of Economics
Nicholas Karlson, BA (Earlham), MA (Arizona), MS, PhD (Minnesota), Senior Lab Instructor
In place of MATH 208 students can substitute either: i) MATH 101, 200, and 211 or 110; or ii) discontinued courses MATH 140 or 103. ECON 350 has the following prerequisites: a minimum grade of B in MATH 208; or MATH 101, 200, and 211 or 110; or MATH 140 or 103. ECON 365 has the following prerequisites: a minimum grade of B in MATH 208; or MATH 101 and 110 or 211.
2.
The statistics requirements, ECON 245 and 246, or equivalent, for Major or Honours programs must be completed by the end of third year. Completing these courses in the second year allows for a wider choice of courses in subsequent years. Although the department prefers and recommends ECON 245 and ECON 246, STAT 260 and STAT 261 can be substituted, provided that the minimum grade requirements specified for ECON 245 and ECON 246 are satisfied. Students seeking admission to the BCom program who may be considering a major in Economics should take the sequence MATH 100 or102 or 109, ECON 245 and 246. ECON 245 and 246 satisfy the Math/Statistics requirements for entry to the BCom program. MATH 151 and STAT 252 cannot be used to satisfy the program requirements for Economics. Students should note Credit Limit—Beginning Level Statistics Courses.
3.
Students wishing to proceed to graduate studies in Economics are advised to include MATH 208, ECON 350, 351, 365, 366, 400, and 401 in their undergraduate program. Admission to ECON 400 and 401 is restricted to students in the BSc Honours program, or by permission of the department.
4.
CSC 105 is intended primarily for students in Economics or the Business School.
5.
ECON 225 is required for all programs in Economics. Prerequisites include 103 and 104, satisfaction of the Academic Writing Requirement and official declaration of an Honours, Major, General or Minor program in Economics. ECON 225 should normally be completed by the end of the second year and is a pre-or corequisite for many 300-level courses (including required courses ECON 313, 345 and 365) and all 400 level courses. Students satisfy the 225 course requirement if they have: i) received a minimum grade of B+ in ENGL 135, 146 or 147; or ii) passed ENGR 240. It is recommended that prospective Co-op and Honours’ students who satisfy the ECON 225 requirement with a minimum grade of B+ in ENGL 135, 146 or 147 take at least one course that has a major writing component, like ECON 410A or POLI 351.
1.
ECON 103 or 103C or 180 and 104, with normally at least a B in each course
2.
MATH 100 or 102 or 109(see Note 1)
3.
ECON 225, with normally at least a B+ (see Note 5)
5.
One of CSC 105, 110, 111 (see Note 4)
6.
ECON 203, 204, and 313, with normally at least a B+ in each course.
7.
ECON 245 and 246, with at least a B in 245 and at least a B- in 246 (see Note 2)
10.
ECON 345 or 365 (see Note 3); the sequence 365 and 366 is recommended
11.
1.
ECON 103 or 103C or 180 and 104
2.
MATH 100 or 102 or 109 (see Note 1)
3.
ECON 225 (see Note 5)
5.
ECON 203, 204, and 313, with a minimum grade of C in 203 and 204
6.
ECON 245 and 246, with at least a C+ in 245 (see Note 2)
8.
ECON 345 or 365 (See Note 3)
1.
ECON 103 or 103C or 180 and 104, with normally at least a B in each course
2.
MATH 100 or 109 and 208 or MATH 102 and 208 or MATH 100 or 109, 101, 200, and 211 or 110 (see Note 1)
3.
ECON 225, with normally at least a B+ (see Note 5)
5.
One of CSC 105, 110, 111 (see Note 4)
6.
ECON 203, 204 and 313, with normally at least a B+ in each course
7.
Econ 245 and 246, with normally at least a B in 245 and at least a B- in 246 (See Note 2)
8.
ECON 350 and 351, with normally at least a B in 350 (See Note 1)
9.
10.
12.
1.
ECON 103 or 103C or 180 and 104
2.
MATH 100 or 109 and 208; or MATH 102 and 208; or MATH 100 or 109, 101, 200, and 211 or 110 (see Note 1)
3.
ECON 225 (see Note 5)
5.
One of CSC 105, 110, 111 (see Note 4)
6.
ECON 203, 204 and 313, with a minimum grade of C in 203 and 204
7.
ECON 245 and 246, with at least a C+ in 245 (see Note 2)
8.
ECON 350 and 351, with at least a C in 350 (see Note 1)
9.
ECON 345 or 365 (see Note 3)
11.
An additional 6 units of Economics courses numbered 300 and above, or 4.5 units of Economics courses numbered 300 and above and SOSC 300
Admission to an Honours program is determined at the end of third year and normally requires at least a B+ in each of ECON 203, 204, 225, 313, and for the BSc, 350 and 365. Application is to the Honours Adviser. Honours students should complete all required 300-level courses by the end of their third year. Honours students are required to:
2.
complete ECON 499 and an Honours thesis in their fourth year.
ECON 103 or 103C or 180, 104, 225 (see Note 5), and 9 units of Economics courses numbered 300 and above. For additional requirements, see the Minor Program section.
ECON 103 or 103C or 180
POLI 350 (cross-listed as ADMN 311)
ADMN 311 (cross-listed as POLI 350)
The Department of Economics offers both a Business Option and a Finance Option. Students can complete both the Business Option and the Finance Option, and COM 240 can be counted towards both options. Students cannot combine the Business Option with the Business Minor offered by the School of Business. Students can combine the Finance Option with the Business Minor, but courses used in the Business Minor cannot be counted towards the Finance Option. Students who complete one or both of the Options (Business, Finance or Business and Finance) will have the designations noted on their official transcripts.
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ECON 405B International Monetary Theory and Policy
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ECON 406 Monetary Economics
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ECON 413 Economics of Firm Strategy
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ECON 435 Financial Economics
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ECON 454 Theory of Corporate Finance
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ECON 468 Financial Econometrics
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COM 425 Taxation for Managers
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COM 426 Management Accounting II
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COM 445 Corporate Finance
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COM 446 Investments
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IB 417 International Finance
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MATH 348 Numerical Methods with Applications to Finance and Economics
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MATH 477 Stochastic Financial Modelling
Both ECON 435 and 454 may be included in this option. Only one of COM 240 or MATH 242 can be included in this option.
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For Faculty of Business courses, check course availability at <www.uvic.ca/gustavson/undergraduate/minor>. For courses numbered 400 and above, fill out a ‘Single Course Application’ available on line. Students should check these courses for the necessary prerequisites. Credit will be granted for only one of ECON 435, COM 446, MBA 525. Credit will be granted for only one of ECON 454, COM 445, MBA 524.
ECON 103 or 103C or 180, 104
AWR1 and Electives3
ECON 305, 3131, 2, 3651, 366, 4352
1.
Satisfaction of the AWR (Academic Writing Requirement) is a prerequisite for ECON 225. ECON 225 is a prerequisite for ECON 313 and a corequisite for ECON 365. Students satisfy the ECON 225 course requirement if they have: i) received a minimum grade of B+ in ENGL 135, 146 or 147; or ii) passed ENGR 240.
3.
A minimum grade of C in ECON 203 is the prerequisite for ECON 313. A minimum grade of B- in ECON 313 is the prerequisite for ECON 435 and 454.
See Social Sciences Co-operative Education Programs. he general regulations pertaining to Undergraduate Co-operative Education Programs of the University of Victoria governing all co-operative education students.
Entry into the Economics Co-op program is open to full-time students (those taking 6 or more units per term) who are proceeding to an Honours or Major program offered by the department. To be considered for admission to the program, students must normally have a minimum GPA of 4.5 overall as well as a minimum GPA of 4.5 in ECON 103 or 103C or 180, 104, 225, and 245 with a grade of not less than B- in any one of these courses. A grade of not less than B is required in one of CSC 105, 110, 111. A student who has taken ECON 203 and/or 204 must meet the grade requirements of those courses rather than of the corresponding introductory courses ECON 103 or 103C or 180 and/or 104.
Students will satisfy the ECON 225 Economic Co-op requirement if they have received a B+ or higher in ENGL 135, 146 or 147. However, students may still want to take ECON 225, or ECON 410A and/or POLI 351, to improve their technical writing abilities. The department recommends that Economics Co-op students take courses like ECON 410A and/or POLI 351 before their 2nd Co-op term. These courses combine technical writing with policy analysis and provide skills that are highly valued by employers. Students should have technical writing abilities at least at the level of ECON 225 to be competitive in finding placements.
Work Term Credit By Challenge is permitted in the Economics Co-op program.