Economics

Economics is the science describing the production and distribution of wealth. The undergraduate Economics program provides students with the theoretical and empirical tools to comprehend, assess and analyze the many pressing issues and problems of society in an economic context. Areas of study include basic and advanced economic theory, public policy, labour and regional development, as well as the quantitative and historical aspects of economics.

An undergraduate degree in Economics provides an excellent academic background for students interested in advanced studies in accounting, business, commerce, communications, finance, international studies, journalism, law or politics. A Master’s or Ph.D. degree can be a significant advantage in terms of career opportunities. The University of Saskatchewan’s highly regarded undergraduate Economics program has provided our students with solid foundations to successfully pursue advanced degrees in economics at the U of S as well as in leading universities in Canada, the U.S., the U.K. and France.

The Department of Economics also offers programs in Business Economics

ECON 111 and a junior course in calculus are the prerequisites for most 300- and 400-level Economics courses.

ECON 204.6 (or equivalent) is required for all 3 or 4 year and honours degrees in economics.  Students who choose alternatives to ECON 204.6 are advised to consult the Department.

The requirement of ECON 305 for the honours program can be met by a course in linear algebra e.g., MATH 264 or 266. The requirement of ECON 306 can be met by a course in the calculus of multiple variables e.g., MATH 225. Other mathematics classes may satisfy the equivalency criteria; students should consult with the Head of the Department.

The ECON 305 and 306 equivalency courses in mathematics may not be used to satisfy:

a) the 300- or 400-level requirement for the B.A. Three-year degree,
b) the requirements for a minor in Economics.


Students who satisfy the ECON 305 and 306 equivalency in mathematics may not subsequently take ECON 305 and 306 for credit. However, students who already have credit for ECON 305 and 306 shall not be precluded from taking the mathematics equivalency classes for elective credit and they shall not lose credit for ECON 305 and 306.

The 6 credit units in mathematics that satisfy the equivalency criteria for ECON 305 and 306 shall be counted as if they were economics courses in order to satisfy the minimum number of economics courses required for any degree in economics and the grades in these mathematics courses will be included in the economics grade average.

For statistics course regulations, please visit the Academic Information and Policies in the Arts and Science section of the Calendar.

Students planning to pursue graduate studies should consult the department for advising.

Major Average

The major average in Economics programs includes the grades earned in:

  • All ECON and all courses listed in the Major Requirement B6.

Residency Requirements in the Major

To receive a degree in Economics, students must complete at least two-thirds of the following coursework (to the nearest highest multiple of 3 credit units) from the University of Saskatchewan.

  • ECON 111.3 and ECON 114.3
  • Minimum requirements in Major Requirement B6.

See Residency for additional details.

Bachelor of Arts Four-year (B.A. Four-year) - Economics

Bachelor of Arts Three-year (B.A. Three-year) - Economics

Bachelor of Arts Honours (B.A. Honours) - Economics

Bachelor of Arts Double Honours - Economics - Specialization 1

Double Honours - Economics - Specialization 2

Economics - Post-Degree Specialization Certificate

Economics - Minor

Statistics - Minor

St. Thomas More College