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The Department of Economics at McMaster University

Economics

A collapse of the US housing market leading to financial crises around the world and ultra-low borrowing rates in Canada.  Decisions made in leading oil producing countries having dramatic influence on the value of the Canadian dollar, on the price of gasoline and on government finances.

This is an interesting time to study economics! The McMaster Economics program is one of the best in Canada. Current faculty members are leading researchers in all major areas of Economics.

Our graduates possess quantitative and policy analysis skills that are highly valued by both public and private sector employers; they have gone on to outstanding careers in academics, law, finance, politics and industry. One McMaster graduate has even won the Nobel Prize in Economics.

Focus of Study

Our general interest courses, which require only introductory economics as a prerequisite, examine issues such as those associated with labour markets, environmental regulation, financial markets, economic development, bad behavior, and professional sports.More advanced courses have additional prerequisites and cover such areas as labour problems, healthcare,natural resources, money and banking, industrial organization, the aging society, international trade and finance, , public expenditure and taxation policies.Economics provides an excellent preparation for graduate training not only in economics but also in law, business administration, public administration, health administration and other areas.

Justin Bilechuk

B.A. Honours, Economics, McMaster University, M.A. Financial Economics, University of Toronto2012


Associate Director with Group Risk Management, Credit, RBC

Work includes assessing credit risk of corporate borrowers and supporting corporate banking businesses in the United States and Europe. “I grew up in the north end of Hamilton. As a first-generation student, at first I was unsure about what I was doing at McMaster. The most important thing I learned was how to love learning; I had passionate professors who made it clear they love their work and whose enthusiasm was contagious. My decision to pursue a Master’s degree was entirely due to them.”

Programs

Degree Requirements & Details

Applying to the Economics Program

All Social Sciences students start in the Level 1 program. You will apply for the Economics program at the end of your first year.

  • Students must complete the requirements of any Level 1 program including Economics 1B03 and 1BB3
  • Although not required for program admission, the following mathematics requirements must be met while in the program. Calculus and Statistics are required by the end of Level 2, if Math MDM4U and Math MCV4U were not completed.

For more information about the economics program, check out the undergraduate calendar and visit the Department of Economics website.

 

Degree Requirements & Details

Research Initiatives

Members of the Department of Economics participate in several major research initiatives at McMaster:

 

Seminars

The Economics Department runs weekly seminars where visiting speakers, McMaster Faculty and graduate students share results of their research work.

Seminars

Build Your Skills

Skills

The unique skills and perspectives that an Anthropology degree provides is an understanding about how we are all shaped by the cultural, social, political, and historical contexts in which we live. Employers identify critical thinking, communication, and problem solving as the most important skills they look for in university graduates. An Anthropology degree emphasizes these important skills, improves your knowledge about cultural differences, and provides a broad understanding of the experience of being human.

Critical skills for today’s work environment

Employers are interested in Economics graduates because they possess skills in areas such as quantitative analysis of economic opportunities and problems, economic forecasting, knowledge of economics institutions and policies within Canada and the global community.

  • The ability to apply sophisticated methods of analysis to the problems faced by private sector firms, not-for-profit organizations and government.
  • Strong problem-solving, research, analysis and decision-making skills.
  • The ability to articulate a clear verbal and written presentation of the research findings and evidence.

Our graduates have been successful at finding interesting and rewarding careers in a range of fields in both the public and private sectors

Examples of career paths include:

  • Lawyers

  • Managers (government/business)

  • Policy Researchers

  • Economic Analysts

  • Economic Consultants

  • Economic Forecasters

  • Financial Planners

  • Statistician

  • Banking / Financial Services

  • Budget Analyst

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