Economics is a social science dedicated to the study of decision-making under scarcity, and the factors that influence wealth. Economics involves financial topics and broader historical, sociological and cultural topics ranging from the individual (microeconomics) to governments, industries and central banking (macroeconomics). This extensive and multidisciplinary study of the economy is what sets it apart from other seemingly similar topics such as Business or Finance.We offer the option to combine your Economics degree with studies in Mathematics, Political Science or Business Administration.
As an economics student you will gain insight into the long-term effects of policy on communities by studying:
- Resource Allocation
- Current Policy Debates
- Statistics
- Economic Theory
- Incentives
- Econometrics
- Decision-Making
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| Grade for Entrance Previous Year (%)* | 70 to 100 |
These courses are intended as guidelines. Speak to your guidance counsellor to see what courses are offered at your school.
- Grade12 English
- Grade12 Data Management or Grade12 Advanced Functions or Grade12 Calculus and Vectors
Completion of the Ontario Secondary School Diploma (OSSD) or equivalent high school diploma; Gr. 12 U English and 5 additional Gr. 12 U or M credits (including prerequisite courses). A minimum 70% overall final average. Admission averages are calculated using the top 6 Grade 12 U or M courses.
Program Specific Prerequisites: English (ENG4U), 1 from: Advanced Functions (MHF4U), Calculus & Vectors (MCV4U), or Data Management (MDM4U), 4 additional grade 12 U/M courses.
Program Specific Prerequisites for Economics and Math: English (ENG4U), Advanced Functions (MHF4U), 1 from: Calculus & Vectors (MCV4U) or Data Management (MDM4U), 3 additional grade 12 U/M courses.
For more information, please visit: lakeheadu.ca/admissions.
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| Test Scores: | - Cambridge English for Speakers of Other Languages: Certificate in Advanced English [min. 176] or Test of English as a Foreign Language (Internet Based) [min. 80] or Pearson Test of English (Academic) [min. 58] or Canadian Academic English Language Assessment [min. 60] or International English Language Testing System (academic or immigration) [min. 6.5]
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| Application Notes : | For a full listing of English Language Proficiency Requirements and accepted tests with minimum scores, please visit:
lakeheadu.ca/studentcentral/applying/english-language-proficiency-requirements.
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* The entrance grade may change from year to year. Please contact the school for further information.
* We make every attempt to provide accurate information on prerequisites, programs, and tuition. However, this information is subject to change without notice and we highly recommend that you contact the school to confirm important information before applying.
