The B.Econ. Honours Concentration in Mathematics and Quantitative Economics offer rigorous and intensive grounding in the mathematical and statistical tools of modern economics and is highly recommended for students with very strong interest and background in mathematics, intending to pursue some of the top graduate programs in economics or related quantitative discipline. The program is flexible in that it allows students to select from a broad range of elective courses offered by Mathematics and Economics.
The B.Econ. Honours Concentration in Mathematics and Quantitative Economics is normally completed during all four of four years of full-time study. Students who choose this concentration should have a strong interest and background in mathematics (see “First Year Registration Guide”) and should make the decision in their first year. Normally, the first-year B.Econ Honours students enroll in the more rigorous mathematics sequence (MATH 1052 and MATH 1053) as well as a course in mathematical reasoning (MATH 1800). This provides a gateway to a foundational course in real analysis (MATH 3001) and later to advanced courses in Mathematics and Statistics.
Familiarity with advanced methods of mathematics and statistics is a necessary background for succeeding in any technical graduate program in economics or related discipline. Students who are serious about pursuing graduate studies in economics should also consider combining this concentration with a concentration in either Economic Theory, Economic Data Science, or Computational Analysis.
Recommended Course Pattern (Honours)
- Math and Quantitative Economics
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Year 1
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Year 2
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Year 3
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Year 4
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ECON 1001 and ECON 1002 |
ECON 2020 and ECON 2030 |
1.0 credit from: MATH 2000 |
1.0 credit from:
MATH 2108, MATH 2404 or MATH 2454, MATH 3001,
MATH 3007, or MATH 3057, MATH 3107, MATH 3705,
MATH 3800 or MATH 3806 |
*MATH 1052 † |
ECON 2102 and ECON 2103 |
*MATH 1152 ‡ |
ECON 2210 and ECON 2220 |
0.5 credit from:
MATH 3801 or ECON 4004, ECON 4005,
ECON 4700, MATH 4007, MATH 4205 |
MATH 1800 |
MATH 2052 † |
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MATH 2152 ‡ |
Concentration and (non-concentration) elective courses may be re-distributed to some extent across years. As a general rule, students should schedule concentration courses first and elective courses second for a given year.
Students enrolled in the Concentration in Mathematics and Quantitative Economics must replace ECON 1401 [0.5] and ECON 1402 [0.5] of the B.Econ. Honours with Concentration(s) program requirements with MATH 1052 [0.5] and MATH 1152 [0.5]. MATH 1052 and MATH 1152 are prerequisites for MATH 2052 and MATH 2152 respectively.
† Instead of MATH 1052, students who have taken MATH 1007 or MATH 1004 and attained a minimum B+; in conjunction with the permission of the School of Mathematics & Statistics, may qualify to take MATH 2052. However, students who intend to take MATH 2000 are strongly recommended to take MATH 1052. Please note that MATH 2000 is a prerequisite to upper year MATH courses such as MATH 3001.
‡ Instead of MATH 1152, students who have taken MATH 1107 or MATH 1104 and attained a minimum B+; in conjunction with the permission of the School of Mathematics & Statistics, may qualify to take MATH 2152. However, students who intend to take MATH 2000 are strongly recommended to take MATH 1152.
- Students enrolled in the Concentration in Mathematics and Quantitative Economics are strongly encouraged to take COMP 1005 or COMP 1405 and COMP 1006 or COMP 1406 or as part of their electives not in Economics.
- Students interested in other 3000 level MATH courses not listed under requirement 2c, may seek permission from the Department of Economics to have these courses count towards this requirement.
- Students interested in other 4000 level MATH courses not listed under requirement 2d, may seek permission from the Department of Economics to have these courses count towards this requirement.
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