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Economics FAQ

Frequently Asked Questions

1. What is Economics?

Economics is the science of choice. Economists study human behaviour as it relates to the allocation of scarce resources, and how resource allocation affects people’s well-being.

2. What are the program options for Economics? What GPA/courses do I need?

Program options are:

3. What is the Economics Specialist Option Degree and how is it different from the other Honours Economics Degrees?

The Honours BA Specialist Option stream provides the same solid grounding in Economics as the Honours BA stream, with a minimal but highly specific differentiation. The Specialist Option requires an additional econometrics course that is a necessary preparation for econometrics courses to be taken in MA in Economics programs.

4. I am a Direct Entry Economics Student. Do I still have to declare a major?

Students will have the opportunity to declare a major at the end of first year based on the Level 1 course requirements.

5. What are popular double majors?

There are many options for double majors with an Economics degree. Popular programs include Political Science, Labour Studies and Sociology.

6. Are there certain topics I can focus on within the Economics program?

Yes! Students can choose upper year courses that focus on health, econometrics, labour, sports, society and many more!

7. How can I become involved as an Economics student?

Join the McMaster Economics Society (MES)! The MES is a student-run organization dedicated to enhancing the experience of all students with a passion for Economics. We aim to provide a platform for Economics students to engage in academic and social settings outside of the classroom.For more information email econ@themsss.com or visit @mcmasterecon.