Do you aspire to become an economist? Does a career in business, government or even law appeal to you? Or are you simply looking for an intellectual challenge? Either way, the bilingual program in economics at Glendon offers a versatile gateway to multiple career paths, through its unique balance between technical analysis, skill-building and the application of theory to real-world problems.
Your rigorous training will progress from foundation courses in theoretical and applied economics to specialized topics in industrial organization, international and development economics, corporate finance, game theory, public economics and econometrics. Our current areas of expertise give you the opportunity to concentrate your studies on a stream of specialization in Accounting & Finance, Economics & Public Policy or Mathematical Economics & Economic Theory.
In small classes, you will receive individual attention and support from professors with diverse backgrounds and specializations. You’ll have the flexibility to shape your degree to match your interests — focus on a particular area of economics or pursue a mathematical and statistical concentration. Or you can add an international component by participating in an exchange program abroad.
Certain courses will help with completing the Chartered Professional Accountants of Ontario and Chartered Financial Analyst designations. Some of our students also go on to graduate studies in business (with an MBA) or economics.
Explore what each year of your degree could look like, as well as how you can boost your major and career options.
Wondering what each year of your degree will look like? Check it out here.
Courses
Throughout your degree, you’ll find a curriculum that offers an in-depth and balanced approach to Economics from introductory survey courses to specialized topics. Courses like Game Theory and Economics include real-world managerial projects, giving you the knowledge and practical skills you need to be competitive in the workforce.
You can also choose to take one of our courses accredited by the Certified General Accountants of Ontario and the Institute of Chartered Accountants of Ontario. Click here for more details.
View course timetables on York University’s site
Course Catalogue: Core Courses and Streams of Specialization
In RED: recommended for graduate studies in Economics and the MATH/ECON stream
COMMON CORE COURSES
GL/ECON 1000 3.00 Introduction to Economics: Microeconomics
Language of Instruction: English
Calendar Description
An introduction to economic analysis covering the theory of consumer and household behaviour, and the theory of the firm in perfectly and imperfectly competitive industries. Course credit exclusions: AP/ECON 1000 3.00, GL/ECON 2500 3.00.
GL/ECON 1010 3.00 Introduction to Economics: Macroeconomics
Language of Instruction: English
Calendar Description
An introduction to economic analysis covering national income determination and employment theory, money and banking, monetary and fiscal policy, economic growth. Course credit exclusions: AP/ECON 1010 3.00, GL/ECON 2510 3.00.
GL/MATH 1930 3.00 Differential Calculus in One Variable
General Education: MODR
Cross-listing: GL/MODR 1930 3.0
Language of Instruction: English
Calendar Description
This is a basic course in university calculus. Topics covered are functions, limits, continuity, differentiation, curve sketching, maximization and minimization problems for functions of one variable, the Riemann integral and antiderivatives. Prerequisite: 12U Advanced Functions (MHF4U) or equivalent, or GL/MATH 1670 6.00 or equivalent, or permission of the department.
Course credit exclusions: SC/MATH 1013 3.00, SC/MATH 1300 3.00, SC/MATH 1505 6.00, SC/MATH 1506 3.00, SC/MATH 1530 3.00, SC/MATH 1550 6.00, AP/ECON 1530 3.00, SC/ISCI 1401 3.00, SC/ISCI 1410 6.00.
GL/MATH 1940 3.00 Integral Calculus in One Variable
General Education: MODR
Cross-listing: GL/MODR 1940 3.00
Language of Instruction: English
Calendar Description
A continuation of GL/MATH 1930 3.00. Topics covered are logarithms and exponentials, inverse trigonometric functions, hyperbolic functions, techniques of integration, indeterminate forms and l’Hôpital Rule, and an introduction to partial derivatives . Applications of the integral to the calculation of areas, volumes, work.
Prerequisite: GL/MATH/MODR 1930 3.00.
Course credit exclusions: SC/MATH 1014 3.00, SC/MATH 1310 3.00, SC/MATH 1505 6.00, SC/MATH 1507 3.00, SC/MATH 1540 3.00, SC/MATH 1550 6.00, SC/ISCI 1402 3.00, SC/ISCI 1410 6.00.
RECOMMENDED ELECTIVES
GL/MATH 1660 3.00 Linear Algebra I
General Education: MODR
Cross-listing: GL/MODR 1660 3.00
Language of Instruction: English
Calendar Description
This is a basic mathematics course as well as a very useful course for someone who wishes to do applied research in the social sciences. Among the topics considered are vectors, bases, matrices, systems of linear equations, rank and determinants. Some applications of linear algebra to various other disciplines, such as economics, are also included.
Course credit exclusions: SC/MATH 1021 3.00, SC/MATH 2221 3.00, GL/MATH 2650 3.00, GL/MODR 2650 3.00.
GL/ECON 1680 6.00 Modern Economic History: A Canadian Perspective
General Education: SOSC
Cross-listings: GL/HIST 1680 6.00, GL/SOSC 1680 6.00
Language of Instruction: English
Calendar Description
The economic history of Canada seen as an aspect of North American and, more generally, North Atlantic development, from the earliest staple trade to the present day. PRIOR TO FALL 2014: Course credit exclusions: GL/ECON 2680 6.00, GL/HIST 2680 6.00.
GL/BUEC 1000 3.00 Principles of Business Administration
Language of Instruction: English
Calendar Description
This course provides an overview of the context within which modern organizations operate. It will examine the development of organizational and managerial theories. A number of contemporary issues and the organizational responses will be discussed.
GL/ILST/BUEC 1600 3.0 Introduction à la gestion
Co-inscription: GL/ILST 1600 3.00
Langue d’enseignement : français
Description de l’annuaire
Ce cours porte sur les principes de gestion, les types de gestion, les rôles/fonctions et les compétences des gestionnaires, et les défis actuels en matière de gestion. La théorie, la structure, la culture et le comportement des organisations sont étudiés. Les concepts théoriques sont illustrés par des applications pratiques à des problèmes et des scénarios de gestion du monde réel. Auparavant GL/ILST 1200 3.0.
In RED: recommended for graduate studies in economics and the MATH/ECON stream.
COMMON CORE COURSES
GL/ECON 2100 6.00 Microeconomic Theory
Language of Instruction: English
Calendar Description
First half: Consumer theory: preferences, utility, and choice under certainty and uncertainty. Factor markets: intertemporal choices (supply of savings/capital), and labour-leisure decisions (labour supply). Second half: Producer theory: the firm’s technology, costs, demand for inputs and supply of output; market structures and partial equilibrium; welfare analysis. General equilibrium: in an exchange economy, and a production economy; the fundamental theorems of welfare.
Prerequisites: GL/ECON 1000 3.00 and GL/ECON 1010 3.00; GL/MATH 1930 and GL/MATH 1940 3.00. Course credit exclusions: AP/ECON 2300, AP/ECON 2350 3.00, GL/ECON 3230 6.00 (prior to Fall 2014).
GL/ECON 2200 6.00 Macroeconomic Theory
Language of Instruction: English
Calendar Description
A study of the determination of real output, employment and the price level, and the impact of monetary and fiscal policies on these magnitudes. Macroeconomic aspects of an open economy are studied, as are basic growth models.
Prerequisites: GL/ECON 1000 3.00 and GL/ECON 1010 3.00; GL/MATH 1930 3.00 and GL/MATH 1940. 3.00. Course credit exclusions: AP/ECON 2400 3.00, AP/ECON 2450 3.00, GL/ECON 3240 6.00 (prior to Fall 2014).
GL/MATH 1610 3.00 Introduction to Statistical Methods I
General Education: MODR
Cross-listing: GL/MODR 1610 3.00, GL/POLS 2610 3.00, GL/SOCI 2610 3.00
Language of Instruction: English
Calendar Description
This course covers the elements of probability theory and standard probability distributions, the measures and techniques used in descriptive statistics, principles of sampling and tests of significance.
Prerequisite: OAC or Grade 12 mathematics. Course credit exclusions: SC/MATH 1131 3.00, SC/MATH 2560 3.00, AP/ECON 2500 3.00
GL/MATH 1620 3.0 Introduction to Statistical Methods II
General Education: MODR
Cross-listing: GL/MODR 1620 3.00, GL/POLS 2620 3.00, GL/SOCI 2620 3.00
Language of Instruction: English
Calendar Description
This course covers the correlations and regression analysis, analysis of variance and parametric tests, and problem work emphasizing applications of statistics in the social sciences.
Prerequisite: GL/MATH 1610 3.00 or permission of the Department. Course credit exclusion: SC/MATH 2570 3.00 and AP/ECON 3480 3.00.
RECOMMENDED ELECTIVES
GL/ECON 2710 3.0 Financial Accounting
Language of Instruction: English
Calendar Description
The intent of this course is to furnish the students with an understanding of financial accounting principles and concepts through an examination of current accounting procedures.
Corequisite: GL/ECON 1000 3.00. Course credit exclusions: AP/ADMS 2500 3.00.
GL/ECON 2720 3.00 Managerial Accounting
Language of Instruction: English
Calendar Description
Accounting information and understanding is necessary for those engaged in the planning and controlling of business activities. This course seeks to identify the accounting problems of management and to examine the accounting techniques available for consideration of those problems.
Prerequisites: GL/ECON 1000 3.00 and GL/ECON 2710 3.00. Corequisite: GL/ECON 1010 3.00. Course credit exclusions: AP/ADMS 2510 3.00, AP/ECON 3590 3.00.
GL/MATH 1950 3.00 Mathematics of Investment I
General Education: MODR
Cross-listing: GL/MODR 1950 3.00, GL/ECON 1950 3.00
Calendar Description
Language of Instruction: English
This course introduces the concept of time value of money and the notions of interest rates, inflation rate, annuities and perpetuities, bonds, and the repayment of debt via amortized loans and sinking fund loans.
Prerequisite: GL/MATH/MODR 1930 3.00.
Course credit exclusions: GL/MATH/MODR 2680 6.00, SC/MATH 1581 3.00, SC/MATH 2280 3.00, SC/MATH 2580 6.00.
GL/MATH 2660 3.00& Linear Algebra II
General Education: MODR
Cross-listing: GL/MODR 2660 3.00
Language of Instruction: English
Calendar Description
This is a continuation of GL/MATH 1660 3.0. More about vectors spaces, subspaces, linear transformations. Eigenvalues, eigenvectors, similarity, diagonalization. Positive definite quadratic forms. Inner product spaces and Gram-Schmidt orthogonalization.
Prerequisite: GL/MATH 1660 3.00. Course credit exclusions: SC/MATH 2222 3.00, SC/MATH 2022 3.00.
GL/MATH 2670 6.00 Calcul des fonctions de plusieurs variables
Langue d’enseignement : Français
Description de l’annuaire
Les sujets traités incluent le calcul vectoriel dans R^n, les dérivées partielles des fonctions de plusieurs variables, les suites et les séries numériques, les séries de Taylor, l’optimisation des fonctions de plusieurs variables, les intégrales doubles et triples et le théorème de Green. Condition préalable : GL/MATH 1940 3.00. Cours incompatibles : GL/MODR 2670 6.00, SC/MATH 2310 3.00.
Accounting & Finance Stream
GL/ECON 3300 3.00 Management Economics
Language of Instruction: English
Calendar Description
This course presents the theory of the management of the firm from an economics perspective and examines the different aspects that define the management process and the functioning of the firm.
Prerequisite: GL/ECON 2100 6.00 (or equivalent). Course credit exclusion: GL/ECON 3300 6.00.
GL/ECON 3350 3.00 Financial Theory
Language of Instruction: English
Calendar Description
This is an introduction to modern financial theory. Subjects covered include portfolio management, various models of shares’ evaluation and new financial instruments.
Prerequisites: GL/ECON 2100 6.00, GL/MATH 1610 3.00 and GL/MATH 1620 3.00.
GL/ECON 3380 3.00 The Economics of Canadian Financial institutions
Language of Instruction: English
Calendar Description
A study of Canadian financial institutions and monetary policy. Topics considered include the money market, portfolio analysis, the demand and supply of money, the effects of monetary disequilibrium on real economic variables and the functioning of monetary policy.
Prerequisite or corequisite: GL/ECON 2200 6.00. Course credit exclusions: AP/ECON 3430 3.00.
GL/ECON 3385 3.00 Mergers and Acquisitions
Language of Instruction: English
Calendar Description
This course provides both a theoretical and a practical introduction to the fundamentals of mergers and acquisitions. Students interact with industry professionals and, through in-class discussions, apply their understanding of key concepts to current real-world examples.
Prerequisites: GL/ECON 2710 3.00 or GL/ECON 3350 3.00 or GL/ECON 4275 3.00 or GL/ECON 4310 3.00.
GL/ECON 3525 3.00 Cost-Benefit Analysis
Language of Instruction: English
Calendar Description
This course is concerned with the economic assessment of policies, programs and projects on the basis of social welfare. The purpose of this course is to familiarize students with the methods used in practical cost-benefit analysis.
Prerequisites: GL/ECON 2100 6.00 or GL/ECON 3230 6.00. Course credit exclusion: GL/ECON 2525 3.00.
GL/ECON 3540 3.00 Economics of Labour and Manpower
Language of Instruction: English
Calendar Description
A survey of the application of economic theory and analysis to labour markets. Topics considered include: competing theories of the labour market, labour supply and demand, human capital, wage structures, impact of collective bargaining and employment and unemployment.
Prerequisites: GL/ECON 1000 3.00 and GL/ECON 1010 3.00. Course credit exclusions: AP/ECON 3250 3.00 or AP/ECON 3259 3.00.
GL/ECON 3575 3.00 Économie de l’innovation
Language of Instruction: French
Calendar Description
Le cours propose d’étudier, de façon théorique et empirique, les contributions de la science économique aux phénomènes d’innovation technologique. Comme ces derniers se retrouvent au centre des mécanismes économiques, la science économique leur a fait une place relativement importante depuis les travaux de Schumpeter.
Conditions préalables : GL/ECON 1000 3.00 et GL/ECON 1010 3.00.
GL/ECON 3620 3.00 The Economics of the Multinational Firm
Language of Instruction: English
Calendar Description
An examination of the multinational firm in the world economy; topics include the theories of the multinational firm and the relations between multinational firms and governments.
Prerequisites: GL/ECON 1000 3.00 and GL/ECON 1010 3.00.
GL/ECON 3710 3.00 Intermediate Financial Accounting I
Language of Instruction: English
Calendar Description
This course, in conjunction with GL/ECON 3720 3.00, develops thorough knowledge and understanding of financial reporting. Topics include revenue recognition and analysis of the assets side of the balance sheet. Students should expect to use and expand on the application of all generally accepted accounting principles learned in Introductory financial and management accounting courses.
Prerequisite: GL/ECON 2710 3.00.
GL/ECON 3720 3.00 Intermediate Financial Accounting II
Language of Instruction: English
Calendar Description
This course is a continuation of GL/ECON 3710 3.00. It develops thorough knowledge and understanding of generally accepted accounting principles and financial statement reporting practices in Canada, by examining various technical areas of financial accounting to report liabilities, shareholders’ equity, employee future benefits, leases and various measurement and disclosure issue and providing tools for financial statement analysis.
Prerequisite: GL/ECON 3710 3.00.
Economics & Public Policy Stream
GL/ECON 3250 3.00 Histoire de la pensée économique
Langue d’enseignement : Français
Description de l’annuaire
Un survol des développements des idées économiques depuis Adam Smith, Jean-Baptiste Say, jusqu’aux écrits de John Maynard Keynes. Conditions préalables : GL/ECON 1000 3.00 et GL/ECON 1010 3.00.
GL/ECON 3380 3.00 The Economics of Canadian Financial institutions
Language of Instruction: English
Calendar Description
A study of Canadian financial institutions and monetary policy. Topics considered include the money market, portfolio analysis, the demand and supply of money, the effects of monetary disequilibrium on real economic variables and the functioning of monetary policy.
Prerequisite or corequisite: GL/ECON 2200 6.00. Course credit exclusions: AP/ECON 3430 3.00.
GL/ECON 3390 3.00 Monetary Theory and Policy Canadian Context
Language of Instruction: English
Calendar Description
A discussion of the theoretical underpinnings of monetary policy, and of monetary policy itself. Emphasis is placed on recent Canadian experience.
Prerequisite or corequisite: GL/ECON 2200 6.00. Course credit exclusion: AP/ECON 3440 3.00.
GL/ECON 3540 3.00 Economics of Labour and Manpower
Language of Instruction: English
Calendar Description
A survey of the application of economic theory and analysis to labour markets. Topics considered include: competing theories of the labour market, labour supply and demand, human capital, wage structures, impact of collective bargaining and employment and unemployment.
Prerequisites: GL/ECON 1000 3.00 and GL/ECON 1010 3.00. Course credit exclusions: AP/ECON 3250 3.00 or AP/ECON 3259 3.00.
GL/ECON 3575 3.00 Économie de l’innovation
Langue d’enseignement : Français
Description de l’annuaire
Le cours propose d’étudier, de façon théorique et empirique, les contributions de la science économique aux phénomènes d’innovation technologique. Comme ces derniers se retrouvent au centre des mécanismes économiques, la science économique leur a fait une place relativement importante depuis les travaux de Schumpeter.
Conditions préalables : GL/ECON 1000 3.00 et GL/ECON 1010 3.00.
GL/ECON 3620 3.00 The Economics of the Multinational Firm
Cross-listing: GL/ILST 3620 3.00
Language of Instruction: English
Calendar Description
An examination of the multinational firm in the world economy; topics include the theories of the multinational firm and the relations between multinational firms and governments.
Prerequisites: GL/ECON 1000 3.00 and GL/ECON 1010 3.00.
GL/ECON 3920 3.00 Économie du développement
Co-inscription : GL/ILST 3920 3.00
Langue d’enseignement : Français
Description de l’annuaire
La première partie du cours est une revue générale des problèmes des pays en voie de développement. Cette partie couvre: i) les théories du développement; ii) les facteurs critiques du développement économique comme la mobilisation des ressources, démographie et capital humain, le développement agricole, l’industrialisation et les systèmes d’organisation; et iii) les politiques fiscales, monétaires et le commerce extérieur. La deuxième partie du cours traite des questions de planification économique et de stratégie de développement. Le cours se concentre sur l’évaluation des projets d investissement (analyse des coûts et bénéfices) basée sur des cas d’études relevant de l’expérience d’organismes se spécialisant sur les problèmes du développement comme la Banque mondiale.
Cours incompatible : AP/ECON 3550 3.00.
Mathematical Economics & Economic Theory
Note that most mathematics courses are not offered every academic year. All economics courses are highly recommended for graduate studies in Economics.
Mathematics courses recommended for graduate studies in Economics are in RED.
GL/ECON 3670 3.00 Mathematical Statistics
Language of Instruction: English
Calendar Description
Elements of probability, random variables, probability distribution, sampling theory, theory of estimation and tests of hypotheses and regression analysis.
Prerequisites: GL/MODR 1930 3.00, GL/MODR 1940 3.00. Course credit exclusion: AP/ECON 3500 3.00.
GL/ECON 4290 6.00 International Economics
Language of Instruction: English
Calendar Description
An examination of international trade theories (including protectionism) from a general equilibrium point of view. This is followed by an introduction to open macroeconomic theory: the respective roles of fiscal and monetary policies, exchange rate adjustments and non-traded goods in an open economy are studied.
Prerequisites: GL/ECON 2100 6.00 and GL/ECON 2200 6.00 or permission of the department. Course credit exclusions: AP/ECON 3150 3.00.
GL/ECON 4340 3.00 Game Theory and Economics
Language of Instruction: English
Calendar Description
Game theory is the analysis of decision making by individuals, businesses and governments where the outcomes of these decisions are affected by the actions of other decision makers and where that interdependence is recognized and taken into account by all the decision makers.
Prerequisite : GL/ECON 1000 3.00. Corequisite: GL/ECON 2100 6.00 or permission of the department. Course credit exclusions: GL/ECON 3340 3.00.
GL/ECON 4570 3.00 Economics of the Public Sector: Taxation
Language of Instruction: English
Calendar Description
This course presents the theory of public goods and provides a comprehensive overview of the principles of taxation, tax incidence, tax efficiency and the Canadian tax system.
Prerequisites: GL/ECON 2100 6.00 or AP/ECON 2300 3.00 and AP/ECON 2350 3.00. PRIOR TO FALL 2014: Course credit exclusion: GL/ECON 3570 3.00.
GL/MATH 3300 3.00 Introductory Topology I
Language of Instruction: English
Calendar Description
This course is an introduction to modern topology, including the topology of R^n and compact spaces.
Prerequisite: GL/MATH 2670 6.00
GL/MATH 3400 3.00 Differential Equations
Language of Instruction: English
Calendar Description
An introduction to differential equations, including a discussion of the formulation of mathematical models for real phenomena; solution techniques; linear equations, applications; solution in series; other topics if time permits.
GL/MATH 3645 3.00 Optimization
Language of Instruction: English
Calendar Description
This is an introductory course in optimization. Topics include local and global extremum, convex functions, Lagrange multipliers, the Kuhn-Tucker conditions, and optimal control. Applications to a variety of problems in Economics.
Prerequisites: GL/MATH 1940 3.00, GL/MATH 2650 3.00.
Accounting & Finance Stream
AP/ECON 4140 3.00 Financial Econometrics
Language of Instruction: English
Calendar Description
Introduces students to the econometric methods used in the analysis of financial data. Topics include the statistical modeling and forecasting of financial time series with applications to share prices and exchange and interest rates, the analysis of nonstationary and cointegrated series, the modeling of volatility, and the estimation and testing of asset pricing models.
Prerequisites: AP/ECON 3210 3.00 or AP/ECON 3500 3.00, or equivalent.
GL/ECON 4260 3.00 Econometrics
Language of Instruction: English
Calendar Description
This course covers several important regression models as well as identification and estimation methods used in modern econometrics with empirical illustrations from applied economics. Prerequisite: GL/ECON 3262 3.00. Course credit exclusions: AP/ECON 3490 3.00, AP/ECON 4210 3.00.
GL/ILST 4260 3.00 International Finance
Language of Instruction: English
Calendar Description
This course examines the monetary aspect of international economic relations and familiarizes students with basic concepts related to international financial transactions. Studied are concepts like the balance of payments, foreign exchange markets, exchange rate systems, and the international monetary system.
Prerequisite: GL/ILST 3250 3.00.
GL/ECON 4270 3.00 Forecasting Techniques in Economics and Business
Language of Instruction: English
Calendar Description
The application of forecasting techniques to selected problems in economics and business. Topics covered include fitting basic trend and seasonality, time series decomposition, exponential smoothing, autoregressive, and vector autoregressive models. Considerable use will be made of one or more computer statistical packages.
Prerequisite: GL/ECON 3262 3.00.
GL/ECON 4275 3.00 Economic Analysis of Law
Language of Instruction: English
Calendar Description
An examination of the economic foundations of the legal system. Applications of the economic concept of efficiency to legal decision rules; equity issues will also be addressed. Emphasis will be placed on property law, contract, and tort; if time permits, we will also look at the application of economics to criminal law. Throughout, what is stressed is the economist’s approach to the law, rather than the law itself.
Prerequisite: GL/ECON 2100 6.00 or equivalent. Course credit exclusion: AP/ECON 4309 3.00.
GL/ECON 4290 6.00 International Economics
Language of Instruction: English
Calendar Description
An examination of international trade theories (including protectionism) from a general equilibrium point of view. This is followed by an introduction to open macroeconomic theory: the respective roles of fiscal and monetary policies, exchange rate adjustments and non-traded goods in an open economy are studied.
Prerequisites: GL/ECON 2100 6.00 and GL/ECON 2200 6.00 or permission of the department. Course credit exclusion: AP/ECON 3150 3.00.
GL/ECON 4310 3.00 Corporate Finance I
Language of Instruction: English
Calendar Description
This course provides an introduction to the principles of finance and an examination of the financing and investment decisions of a business firm. Recent Canadian examples are used to illustrate these principles and decisions.
Prerequisites: GL/ECON 2710 3.00 and GL/ECON 3350 3.00
Language of Instruction: English
GL/ECON 4315 3.00 Corporate Finance II
Calendar Description
Building on the principles introduced in Corporate Finance I, this course examines topics such as dividend policy; capital structure; the valuation of corporate debt; other corporate liabilities (including leases), options, mergers, international finance and corporate financial planning.
Prerequisite: GL/ECON 4310 3.00. Course credit exclusion: AP/ECON 4410 3.00.
GL/ECON 4330 3.00 Économie de la santé
Langue d’enseignement : Français
Description de l’annuaire
Le cours explore une variété de thèmes en économie de la santé. Une approche théorique et empirique est utilisée dans une perspective internationale et dans un contexte d’accélération du changement du système de santé. Le contexte implique une collaboration multipartite.
Conditions préalables : GL/ECON 2100 6.00 et GL/MATH 1620 3.00.
GL/ECON 4340 3.00 Game Theory and Economics
Language of Instruction: English
Calendar Description
Game theory is the analysis of decision making by individuals, businesses and governments where the outcomes of these decisions are affected by the actions of other decision makers and where that interdependence is recognized and taken into account by all the decision makers.
Prerequisite : GL/ECON 1000 3.00. Corequisite: GL/ECON 2100 6.00 or permission of the department. Course credit exclusion: GL/ECON 3340 3.00.
GL/ECON 4350 3.00 Industrial Organization
Language of Instruction: English
Calendar Description
An application of economic analysis to the conduct and performance of modern business enterprise in various market structures. Particular attention is given to the goals, strategies and decision-making processes of large firms including pricing, product differentiation and innovation. Industrial organization in both Canada and the United States is considered.
Course credit exclusions: GL/ECON 3370 3.00, AP/ECON 3200 3.00.
GL/ECON 4400 3.00 Topics in Economics Organization and Strategy
Language of Instruction: English
Calendar Description
This course presents to students a set of business case studies for analysis and reflection. The cases deal with managerial decision-making in situations that lead to either positive or negative outcomes for an organization.
Prerequisites: GL/ECON 2100 6.00 and GL/ECON 2200 6.00.
GL/ECON 4570 3.00 Economics of the Public Sector: Taxation
Language of Instruction: English
Calendar Description
This course presents the theory of public goods and provides a comprehensive overview of the principles of taxation, tax incidence, tax efficiency and the Canadian tax system.
Prerequisite: GL/ECON 2100 6.00 or AP/ECON 2300 3.00 and AP/ECON 2350 3.00. PRIOR TO FALL 2014: Course credit exclusion: GL/ECON 3570 3.00.
GL/ILST/ECON 4635 3.00 Corporate governance in an international context
Language of Instruction: English
Calendar Description
Examines concepts related to corporate governance. This includes mechanisms to control managers and conflicts of interests between stakeholders. Particular attention is given to the international context by studying large multinational firms and emerging countries.
GL/ILST/ECON 4640 3.00 Risk Management in an International Context
Language of Instruction: English
Calendar Description
This course examines concepts related to financial risk management in an international context. Note: It is recommended that students take at least one finance course before enrolling in this course (e.g. International Finance, Financial Accounting, Managerial Accounting or Corporate Finance I).
Economics & Public Policy Stream
GL/ECON 4230 3.00 Advanced Economic Theory
Language of Instruction: English
Calendar Description
A survey of some of the recent developments in a small number of areas of economic theory.
Prerequisite: GL/ECON 2100 6.00 or GL/ECON 2200 6.00, preferably both. Course credit exclusion: AP/ECON 4010 3.00.
GL/ECON 4260 3.00 Econometrics
Language of Instruction: English
Calendar Description
This course covers several important regression models as well as identification and estimation methods used in modern econometrics with empirical illustrations from applied economics.
Prerequisite: GL/ECON 3262 3.00. Course credit exclusions: AP/ECON 3490 3.00, AP/ECON 4210 3.00.
GL/ECON 4270 3.00 Forecasting Techniques in Economics and Business
Language of Instruction: English
Calendar Description
The application of forecasting techniques to selected problems in Economics and Business. Topics covered include fitting basic trend and seasonality, time series decomposition, exponential smoothing, autoregressive, and vector autoregressive models. Considerable use will be made of one or more computer statistical packages.
Prerequisite: GL/ECON 3262 3.00.
GL/ECON 4275 3.00 The Economic Analysis of Law
Language of Instruction: English
Calendar Description
An examination of the economic foundations of the legal system. Applications of the economic concept of efficiency to legal decision rules; equity issues will also be addressed. Emphasis will be placed on property law, contract, and tort; if time permits, we will also look at the application of economics to criminal law. Throughout, what is stressed is the economist’s approach to the law, rather than the law itself.
Prerequisite: GL/ECON 2100 6.00 or equivalent. Course credit exclusions: AP/ECON 4309 3.00.
GL/ECON 4330 3.00 Économie de la santé
Langue d’enseignement : Français
Description de l’annuaire
Le cours explore une variété de thèmes en économie de la santé. Une approche théorique et empirique est utilisée dans une perspective internationale et dans un contexte d’accélération du changement du système de santé. Le contexte implique une collaboration multipartite.
Conditions préalables : GL/ECON 2100 6.00 et GL/MATH 1620 3.00.
GL/ECON 4340 3.00 Game Theory and Economics
Language of Instruction: English
Calendar Description
Game theory is the analysis of decision making by individuals, businesses and governments where the outcomes of these decisions are affected by the actions of other decision makers and where that interdependence is recognized and taken into account by all the decision makers.
Prerequisite : GL/ECON 1000 3.00. Corequisite: GL/ECON 2100 6.00 or permission of the department. Course credit exclusion: GL/ECON 3340 3.00.
GL/ECON 4350 3.00 Industrial Organization
Language of Instruction: English
Calendar Description
An application of economic analysis to the conduct and performance of modern business enterprise in various market structures. Particular attention is given to the goals, strategies and decision-making processes of large firms including pricing, product differentiation and innovation. Industrial organization in both Canada and the United States is considered.
Course credit exclusion: GL/ECON 3370 3.00, AP/ECON 3200 3.00.
GL/ECON 4400 3.00 Topics in Economics Organization and Strategy
Language of Instruction: English
Calendar Description
This course presents to students a set of business case studies for analysis and reflection. The cases deal with managerial decision-making in situations that lead to either positive or negative outcomes for an organization.
Prerequisites: GL/ECON 2100 6.00 and GL/ECON 2200 6.00
GL/ECON 4570 3.00 Economics of the Public Sector: Taxation
Language of Instruction: English
Calendar Description
This course presents the theory of public goods and provides a comprehensive overview of the principles of taxation, tax incidence, tax efficiency and the Canadian tax system.
Prerequisites: GL/ECON 2100 6.00 or AP/ECON 2300 3.00 and AP/ECON 2350 3.00. PRIOR TO FALL 2014: Course credit exclusion: GL/ECON 3570 3.00.
Mathematical Economics & Economic Theory Stream
Note that most mathematics courses are not offered every academic year. All economics courses are highly recommended for graduate studies in economics.
Mathematics courses recommended for graduate studies in economics are in RED.
AP/ECON 4010 3.00 Advanced Microeconomic Theory
Language of Instruction: English
Calendar Description
Examines important contributions to the microeconomic literature. Covers advanced topics from consumer theory, the economics of the firm, competitive and non-competitive markets, factor pricing, income distribution, general equilibrium, and welfare economics.
Prerequisites: AP/ECON 2300 3.00, AP/ECON 2350 3.00, and AP/ECON 3530 3.00, or equivalents. Recommended prior completion: AP/ECON 2400 3.00 and AP/ECON 2450 3.00. Course credit exclusion: GL/ECON 4230 3.00.
AP/ECON 4020 3.00 Advanced Macroeconomic Theory
Language of Instruction: English
Calendar Description
Surveys recent developments in macroeconomic research. Among the topics covered are rational expectation models, consumption theory, new Keynesian models of staggering wages and prices, menu costs, efficiency wages and imperfect competition, and new classical and new Keynesian business cycle theories.
Prerequisites: AP/ECON 2400 3.00 and AP/ECON 2450 3.00 or equivalents. Recommended prerequisites: AP/ECON 2300 3.0, AP/ECON 2350 3.00, and AP/ECON 3530 3.00.
GL/MATH 4230 6.00 Analyse Complexe
Langue d’enseignement : Français
Description de l’annuaire
La topologie du plan complexe. Introduction aux fonctions holomorphes; applications conformes et applications linéaires fractionnelles. L’intégration complexe, la formule intégrale de Cauchy. La théorie des résidus. Les propriétés locales des fonctions holomorphes; les fonctions harmoniques. Prolongement analytique; le théorème de Riemann.
Conditions préalables : GL/MATH 1930 3.00 et GL/MATH 1940 3.00; GL/MATH 2670 6.00 ou la permission du département. Cours incompatible : SC/MATH 3410 3.00.
GL/MATH 4240 6.00 Analyse réelle
Langue d’enseignement : français
Description de l’annuaire :
Ce cours propose une étude rigoureuse de l’analyse réelle. Parmi les sujets traités figureront les notions de base de topologie; limite et continuité, fonctions à variations bornées, l’intégrale de Riemann-Stieltjes, les suites et séries de fonctions, l’intégrale de Lebesgue; et éventuellement des séries de Fourier.
Condition préalable : GL/MATH 2670 6.00 ou la permission du département. Cours incompatibles : SC/MATH 4010 6.00, SC/MATH 3001 3.00, SC/MATH 4001 6.00, SC/MATH 4011 3.00 et SC/MATH 4012 3.00.
GL/ECON 4250 3.00 Mathematical Economics
Language of Instruction: English
Calendar Description
Selected topics from the classical theory of the consumer and the firm (Hicks and Samuelson), linear programming, game theory, input-output analysis, general equilibrium of multiple markets and the theory of economic growth.
Prerequisite: GL/MATH 2650 3.00 or permission of the department.
GL/ECON 4260 3.00 Econometrics
Language of Instruction: English
Calendar Description
This course covers several important regression models as well as identification and estimation methods used in modern econometrics with empirical illustrations from applied economics.
Prerequisite: GL/ECON 3262 3.00. Course credit exclusions: AP/ECON 3490 3.00, AP/ECON 4210 3.00.
GL/ECON 4270 3.00 Forecasting Techniques in Economics and Business
Language of Instruction: English
Calendar Description
The application of forecasting techniques to selected problems in economics and business. Topics covered include fitting basic trend and seasonality, time series decomposition, exponential smoothing, autoregressive models, and vector autoregressive models. Considerable use will be made of one or more computer statistical packages.
Prerequisite: GL/ECON 3262 3.00.
GL/ECON 4330 3.00 Économie de la santé
Langue d’enseignement : Français
Description de l’annuaire
Le cours explore une variété de thèmes en économie de la santé. Une approche théorique et empirique est utilisée dans une perspective internationale et dans un contexte d’accélération du changement du système de santé. Le contexte implique une collaboration multipartite.
Conditions préalables : GL/ECON 2100 6.00 et GL/MATH 1620 3.00.
GL/ECON 4400 3.00 Topics in Economics Organization and Strategy
Language of Instruction: English
Calendar Description
This course presents to students a set of business case studies for analysis and reflection. The cases deal with managerial decision-making in situations that lead to either positive or negative outcomes for an organization.
Prerequisites: GL/ECON 2100 6.00 and GL/ECON 2200 6.00.
Updated October 18, 2024.
Degree Types & Program Requirements
Economics offers the following degree types and certificates:
- Specialized Honours BA/iBA
- Honours BA/iBA
- Honours Double Major BA/iBA
- Honours Major/Minor BA/iBA
- Honours Minor BA
- Bachelor of Arts
Economics is also available as a bilingual or trilingual international Bachelor of Arts.
This program is also available as a Glendon BA, with flexible language requirements.
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Other Program Details
Student Awards
We want to recognize your academic success and commitment to excellence in the Economics program. Not just a financial boost, awards and scholarships are a great way to show your hard work on your resumé and university transcript. Check out the available awards, which include the Economics Departmental Prize.
Join a Student Club
Learn from peers and experts by joining the Economic Club of Canada, which hosts conferences throughout the year featuring prominent guest speakers, such as demographics expert David Foot and former governor of the Bank of Canada John Crowe.
You’ll find similar benefits in the Glendon Economics & Business Club, a bilingual non-profit student organization within Glendon College. You’ll meet your classmates and master skills in economics, business and leadership through engaging discussions, relevant workshops and networking events.
