School of Economics (BA and BSc Programs)

Paul Bowles, Professor Emeritus
Fiona MacPhail, Professor Emerita

Karima Fredj, Associate Professor and Chair
Jalil Safaei, Professor
Komla Avoumatsodo, Assistant Professor
Leandro Freylejer, Assistant Professor
Liam Kelly, Assistant Professor

Website: www.unbc.ca/economics

Economics as a discipline is constructed around the need to identify agents in the economy and analyze their interactions. As such it is based upon deriving generalizations by identifying behavioural rules and examining causal relationships between economic variables. The emphasis on examining causal relationships is a distinguishing feature of economics and forms an important part of its claim to be a social science. As well as addressing these central concerns, the Economics Program recognizes the interaction between the economy and other broader social, political, cultural and technological forces. The Program therefore places special emphasis on courses that analyze institutions, facilitate comparative studies, encourage a historical approach, and recognize the pervasiveness of technological change. 

Major in Economics (BA)
Joint Major in Economics and Global and International Studies (BA)
Joint Major in Economics and Political Science (BA)
Joint Major in Economics and Mathematics (BSc)
Minor in Economics
Minor in International Development Studies

Major in Economics

Undergraduate students are required to take 15 Economics courses (45 credit hours). Of these, 10 courses (30 credit hours) are at the upper-division level.

The minimum requirement for completion of a Bachelor of Arts with a major in Economics is 120 credit hours.

Program Requirements

Lower-Division Requirement

100 Level

Microeconomics
Macroeconomics
Finite Mathematics for Business and Economics
     or Linear Algebra
Calculus I
     or Calculus for Non-majors

One of the following:

Introduction to Canadian Business
Introduction to Computer Systems and Programming
Introduction to Planning
The Aboriginal Peoples of Canada
Introduction to Global Studies
Contemporary Political Issues

200 Level

Statistics for Business and the Social Sciences

Two of the following:

Contemporary Economic Issues
Methods of Economic Evaluation
Introduction to Health Economics and Policy
Global Economic Shifts

One of the following:

Financial Accounting
Financial Management I
Organizational Behaviour
Introduction to Marketing
Applied Business Computing
Planning Analysis and Techniques
Land and Indigenous Reconciliation Studio
Globalizations
Global Environmental Change
Canadian Government and Politics
Canada in Comparative Perspective
Introduction to Law in Canada

Upper-Division Requirement

300 and 400 Level

Intermediate Microeconomic Theory
Intermediate Macroeconomic Theory
Introduction to Econometrics
Applying Economics in the Community
      or Internship

Eighteen credit hours of upper-division Economics and 6 credit hours of upper-level applied and/or policy-oriented courses from any discipline (including Economics) and approval by the Chair.

*Note: Students wishing to pursue graduate studies in Economics are strongly advised to take (Introduction to Mathematical Economics) and (Advanced Microeconomic Theory).

Elective and Academic Breadth
Electives at any level in any subject sufficient to ensure completion of a minimum of 120 credit hours, including any additional credits necessary to meet the Academic Breadth requirement of the University (see Academic Regulation on Academic Breadth).

Joint Major in Economics and Global and International Studies (BA)

Joint majors are designed for students interested in a combination of two related fields of study. A Joint Major normally involves a specific set of course requirements selected to provide a solid specialization in each of the two fields. The graduation requirements for a joint major can normally be met in four years of study. The minimum requirement for completion of a Bachelor of Arts with a joint major in Economics and Global and International Studies is 120 credit hours.

Program Requirements

Lower-Division Requirement

Microeconomics
Macroeconomics
Contemporary Economic Issues
     or Methods of Economic Evaluation
     or Introduction to Health Economics and Policy
Statistics for Business and the Social Sciences
Global Economic Shifts
Introduction to Global Studies
Globalizations

Upper-Division Requirement*

Intermediate Microeconomic Theory
     or Managerial Economics
Intermediate Macroeconomic Theory
Origins and Evolution of Our Globalizing World
Global Capstone

Two of the following:

International Economic Relations
Economics of Developing Countries
Global Economy and Development
Poverty, Inequality and Development

Twelve additional credit hours of 300- or 400-level Global and International Studies courses.

Six additional credit hours of 300- or 400-level Economics courses.

*Students must ensure that all prerequisites are fulfilled prior to registering in any courses. Note that is a prerequisite for .

Language and Regional Studies Requirement

One of the following:

World Regions: Latin America and the Caribbean
Republican Latin America
Contemporary Circumpolar North

Twelve credit hours of Global and International Studies language courses.  At least two courses must be in one language.

Elective and Academic Breadth

Elective credit hours as necessary to ensure completion of a minimum of 120 credit hours, including any additional credits necessary to meet the Academic Breadth requirement of the University (see Academic Regulation on Academic Breadth).

Joint Major in Economics and Political Science (BA)

The minimum requirement for completion of a Bachelor of Arts with a Joint Major in Economics and Political Science is 120 credit hours.

Program Requirements

Lower-Division Requirement

Microeconomics
Macroeconomics
Statistics for Business and the Social Sciences

Two of the following:

Contemporary Economic Issues
Methods of Economic Evaluation
Introduction to Health Economics and Policy
Global Economic Shifts
Contemporary Political Issues
Canadian Government and Politics
Canada in Comparative Perspective
International Relations
Political Philosophy: Antiquity to Early Modernity

Upper-Division Requirement

Intermediate Microeconomic Theory
     or Managerial Economics
Intermediate Macroeconomic Theory
Democracy and Democratization
Canadian Politics and Policy
Political Philosophy: Early Modernity to Post-Modernity

Nine credit hours in Political Science at the 400 level.
Eighteen credit hours in Economics at the 300 or 400 level.

Elective and Academic Breadth

Elective credit hours as necessary to ensure completion of a minimum of 120 credit hours, including any additional credits necessary to meet the Academic Breadth requirement of the University (see Academic Regulation on Academic Breadth).

Joint Major in Economics and Mathematics (BSc)

The minimum requirement for completion of a Bachelor of Science with a Joint Major in Economics and Mathematics is 121 credit hours.

(Finite Mathematics for Business and Economics) may not be used for credit towards any Mathematics major or joint major.

Note: Students enrolling in any Mathematics courses are required to have completed all prerequisite courses for that course with a C- or better, or have permission to enroll from the Chair of Mathematics.
 

Program Requirements

Literacy Requirement

One of the following:

Writing and Communication Skills
Expository Writing

Economics Requirements

Microeconomics
Macroeconomics

Two of the following:

Contemporary Economic Issues
Methods of Economic Evaluation
Introduction to Health Economics and Policy
Global Economic Shifts

And:

Statistics for Business and the Social Sciences
Intermediate Microeconomic Theory
Intermediate Macroeconomic Theory
Introduction to Econometrics
Introduction to Mathematical Economics
Advanced Microeconomic Theory

Twelve additional credit hours of 300- or 400-level Economics.

Mathematics Requirements

Calculus I
Calculus II
Multivariable Calculus I
Multivariable Calculus II
Linear Algebra
Foundations of Modern Mathematics
Ordinary Differential Equations and Boundary Value Problems
Introduction to Complex Analysis
Survey of Algebra
     or Introductory Mathematical Analysis
Probability and Statistics for Scientists and Engineers

Six additional credit hours of 300- or 400- level Mathematics ( is strongly recommended).
Six additional credit hours of 400-level Mathematics.

Program Requirements 

Computer Programming I

Elective and Academic Breadth

Elective credit hours as necessary to ensure completion of a minimum of 121 credit hours, including any additional credits necessary to meet the Academic Breadth requirement of the University (see Academic Regulation on Academic Breadth).

Minor in Economics

The minor in Economics requires the completion of 24 credit hours. Students must complete:

Microeconomics
Macroeconomics

Two of the following:

Contemporary Economic Issues
Statistics for Business and the Social Sciences
Methods of Economic Evaluation
Introduction to Health Economics and Policy
Global Economic Shifts

Twelve credit hours of 300- or 400- level Economics courses.

A maximum of 4 courses (12 credit hours) used to fulfill program requirements for a major or another minor may also be used to fulfill requirements for a minor in Economics. Alternative courses may be substituted for the above with written permission of the Chair of Economics and Dean. 

Minor in International Development Studies

The International Development Studies minor provides students with the opportunity to learn about the lives of the majority of the world’s population. Students have the opportunity to explore the diversity of cultures, political systems, histories, and economic strategies that shape the contemporary context for development. By combining courses from several subject areas and analyzing development as a concept and as a practice at the local, national and international levels, the program provides students with the knowledge and perspectives needed to gain a better understanding of the world in which we all live.

The Minor requires 27 credit hours. 12 credit hours are required in the lower-division and at least 12 credit hours must be from the upper division. In the upper division, courses must be chosen from at least three subject areas. 

Lower-Division Required Courses

Global Economic Shifts
Planet Earth
World History since 1550

In addition, students must take 15 credit hours of elective courses from at least three subject areas of which at least 12 credit hours must be from the upper division.

Students must take two or more of the following:

Economics of Developing Countries 
Global Economy and Development
Poverty, Inequality and Development
Critical Development Geographies
International Development 

Other approved courses are:

Anthropological Perspectives on Inequality 
Comparative Study of Indigenous Peoples of the World
International Literatures in English
Comparative Literary Studies
Special Topics in International Literatures in English
Special Topics in Comparative Literary Studies
Indigenous Issues in International Perspective
Political Ecology: Environmental Knowledge and Decision-Making
Health Geography
Tenure, Conflict, and Resource Geography
Geographies of Culture, Rights and Power
The Global Age of Expansion
The Age of Empire
Colonial Latin America
Republican Latin America
Introduction to Global Studies
Human Rights
Gender and International Studies
Pacific Affairs
Democracy and Democratization
Chinese Politics and Society

Students may count up to 12 credit hours in their Major towards their Minor.

Updated: December 5, 2024