About the course

Economics is a social science that encompasses a particular range of human behaviour and has a strong influence on the structure, well-being, and development of a society. Much of human activity is directed towards the satisfaction of material wants. In many areas of the world, the greater part of human effort must be directed towards meeting the most elemental demands for food, clothing, and shelter. Even in technologically-advanced societies, where these basic requirements can be met with comparative ease, the desire for more goods and services never appears to be fully satisfied. In consequence, every society - regardless of whether it is capitalist, socialist or communist in political orientation - is both competitive and cooperative. It is competitive because its members contend with one another to satisfy their individual wants from a limited supply of productive resources. It is cooperative because the greatest supply of goods is available when the activity of producing them is coordinated and organized. Economics deals with any issue arising out of the conflict between the demand for goods and services, and a limited supply of resources to satisfy those demands.

　　Undergraduate training in Economics is intended to familiarize students with the discipline of economic thinking, and to equip them for intelligent appraisal of contemporary economic problems. It is also intended to make students aware of the nature of economic science, and of the directions in which economic theory is moving. Scholarships - View all scholarships Internships

　　

Start dates and prices

Course fees are indicative and should be used as a guide. Speak to a counsellor to get an accurate price.

　　Duration: 4 Year(s)Fees: CA$242,040

Intake	Location
Fall (September), 2024	Mississauga
Fall (September), 2025	Mississauga

　　

How to apply

Entry requirements for University of Toronto

If you are attending or have attended a recognized university or college and have a strong academic record, you will be considered for admission based on your postsecondary studies and your most recent annual average, although we will review your entire academic record. Program area prerequisites must be met at, or beyond, the minimum level required for admission from your educational system.

　　The International Baccalaureate Diploma, including at least three Higher Level courses and English HL or SL is required for admission. Prerequisite courses can be presented at either the Standard or Higher Level. For programs with a Math prerequisite, Mathematics SL or HL is required. Math Studies is not acceptable. A total score of 27, excluding bonus points, is required for admission consideration. More competitive programs require a significantly higher score.

　　International English Language Testing System (IELTS) Academic Module: The minimum requirement is an overall band of 6.5, with no band below 6.0. The minimum scores required for the different TOEFL tests are: Internet-based Test: Minimum Requirement: total score of 100 + 22 on Writing, Paper-based Test (discontinued in July 2017) : Minimum Requirement: total score of 600 + 5.0 on TWE

　　

English language requirements

　　6.5

　　Overall IELTS band score

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　　TOEFL Internet based overall score: 89.0

　　

Application deadline:

This date isn’t available – speak to an IDP counsellor to get detailed information.

　　

Further information

Career outcomesIf you aren’t eligible for the above entry requirements, you might want to explore pathway options at University of Toronto. If you want to find out more, please speak to our counsellors.

　　Pathway options to study at this institution

　　

Reviews and rankings

World ranking

　　21st / 1250

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