Economics & Business Economics

Economics is the study of how people and organizations choose to allocate limited resources across competing areas. You will learn about management, international markets, and labour markets, as well as the fundamentals of economic theory. You will examine questions such as why some countries are rich and others poor, and why rent is so much higher in Toronto than in Sudbury, and whether free trade will make us richer.

WHY STUDY ECONOMICS AT GLENDON

  • Our program offers a unique balance between technical analysis and skill-building, and the application of skills to real-world problems. It also allows you the flexibility to shape your degree to match your interests — focus on contemporary economics, economics and business or economic forecasts, or pursue a mathematical and statistical concentration.
  • Courses like Game Theory and Economics include real-world managerial projects, giving you the knowledge and practical skills you will need to be competitive in the workforce.
  • Our professors have a strong international background and have real-world experience. Vincent Hildebrand specializes in labour/population economics, microeconometrics, public finance, and immigration; Rajeev Sharma is an international trade lawyer; Xavier de Vanssay is a specialist in international economics and public finance; and Can Erutku is an expert in industrial organizations as well as natural resources and the environment.
  • Our Economics Club welcomes high-profile guests through their annual speakers series. Past guests include former governor of the Bank of Canada, John Crowe, demographics guru David Foot, and Alan Redway, former Canadian politician and partner at Redwin & Butler law firm in Toronto.

Careers & Alumni

Nathaly Minda (BA, 2019) was an international student from Ecuador and pursued a B.A. in Business Economics at Glendon College. Now as a graduate, her goal is to build a career in Wealth Management and create a financial platform for newcomers from Latin America. Learn more››

With a degree in Business Economics, Denis Korsak (BA, 2017) is currently working in the Financial Analytics & Strategy Division at HomeStars. Learn more››

With a degree in Business Economics, Taylor Kroezen (BA, 2018) is now pursuing graduate studies in Economics at the University of Toronto. Learn more››

More alumni››

Our program can lead you to a career in business as a commodities broker, financial analyst, investment banker, market research analyst, management consultant, strategic planner, foreign trade analyst, or tax auditor.

Economics is also good preparation for law, politics, diplomacy, government, and administration. You will also be prepared to pursue graduate studies in business and economics.

Professors

Professor Can Erutku is an expert in Industrial Organization, Antitrust, and gasoline markets. He also has interests in Environmental Economics. He received his PhD from Laval University.

Professor Xavier de Vanssay is a specialist in public policy, public choice, and international economics. He received his PhD from Simon Fraser University and joined Glendon’s Economics Department in 1990. Since then, he has been a Visiting Professor at Sciences Po (Paris) and other universities.

Professor Vincent A Hildebrand  is a specialist in Labour economics, immigration, population economics,  and applied econometrics. He received his PhD from York University and joined Glendon’s Economics Department in 2002.  

Meet other professors ››

Students

Get involved in one or more of our many student clubs to complement your in-class experience, including the Glendon Economics & Business Club (GEBC).

The Glendon Economics & Business Club (GEBC) is a bilingual, non-profit, student organization within York University’s Glendon College. It serves as a platform for students to extend their knowledge and aptitudes. Learn more››

Ready to apply?

Ontario Universities Application Centre (OUAC) Codes
BA: YGK
iBA Bilingual: YGG
iBA Trilingual: YGH (Upper-year entry)

Program Highlights

Economics is available as a bilingual or trilingual international Bachelor of Arts (iBA).

The Economics department at Glendon College offers a Bachelor of Arts (BA) in Economics and a Bachelor of Arts (BA) in Business Economics.

The BA program offers three streams of specialization:

The BA program offers 11 courses accredited by the Chartered Professional Accountants of Ontario. Learn more about the CPA  – Glendon.

Listen to high-profile guest speakers, such as demographics expert David Foot at the annual Speakers’ Series, hosted by the Economics Club.

Prepare for the reality of the work force and gain practical experience by enrolling in a professional internship [More soon].

In the News

September 18, 2019 Professor Vincent Hildebrand publishes four new articles in BMC public health, Journal of Epidemiology and Community Health Energy Policy, Annals of Epidemiology and Canadian Public Policy 

September 5, 2019 Professor Can Erutku publishes three new papers in Energy Policy, Canadian Public Policy and Economics Bulletin

August 22, 2019 Professor Aymen Karoui winner of the Emerald Literati Awards, best paper in the Managerial Finance

Glendon Economics Course and ITS Canada Partner for Marketing Plan

Glendon’s ‘Olympiades’ – A Business Economics Competition with a Future.

The bilingual Economics Program at Glendon University College offers majors developing critical thinking to aspiring future economists as well as students attracted to the discipline because of its intellectual challenge, its importance in present-day society, and its relevance for career plans in such fields as law, politics, diplomacy, business, government, and administration

To achieve these objectives the Economics Program offers a basic core of courses in theoretical and applied economics. Our rigorous training progresses from foundation courses in economics and quantitative methods to specialized advanced courses including industrial organization, international economics, development economics, corporate finance, game theory, public economics and econometrics. Our current areas of expertise give students the opportunity to concentrate their studies on a stream of specialization in Public Policy, Financial Economics or Quantitative Economics. We strive to offer a sound, up-to-date foundation for graduate studies in economics or business.

The liberal art perspective embedded in our programs provides our students a unique opportunity to give a multidisciplinary dimension to their training.  Students have the possibility to combine their program in Economics with studies in mathematics, political science, international studies or add an international component by participating in an exchange program abroad.

Throughout their studies, our students benefit from a closed collaboration with their professors in the unique bilingual environment we offer at Glendon.

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

Students must follow the undergraduate calendar requirements for the year they entered or switched into their program.

Access detailed program requirements below:
Economics BA and iBA Degree requirements 2019-2020

Economics Courses

Fall/Winter 2019-2020

BUEC Courses

Fall/Winter 2019-2020

MATH Courses

Fall/winter 2019-2020

Some courses are cross-listed or offered through other departments. Click to view a full list of all Glendon Fall/Winter 2019-2020 courses.



CORE COURSES & SUGGESTED ELECTIVES (YEARS 1 & 2)

YEAR 1: 1000 level

In RED recommended for graduate studies in Economics and the Math/ECON stream
In Green core courses to BUEC program only

Year 1

Common Core Courses

GL/ECON 1000 3.00 Introduction to Economics: Microeconomics

GL/ECON 1010 3.00 Introduction to Economics: Macroeconomics

GL/MATH 1930 3.00 Calculus I

GL/MATH 1940 3.00 Calculus II

Recommended electives

GL/MATH 1660 3.00 Linear Algebra I

GL/ECON 1680 6.00 Modern Economic History: A Canadian Perspective

GL/BUEC 1000 3.00 Principles of Business Administration

GL/BUEC 1600 3.0   Introduction to Management

 

YEAR 2: 2000 level

In RED recommended for graduate studies in Economics and the Math/ECON stream
In Green core courses to BUEC program only

Year 2

Common Core Courses

GL/ECON 2100 6.00 Microeconomic Theory

GL/ECON 2200 6.00 Macroeconomic Theory

GL/ECON 1610 3.00 Statistics I

GL/ECON 1620 3.0   Statistics II

GL/ECON 2710 3.0   Financial Accounting

GL/ECON 2720 3.00 Managerial Accounting

GL/MATH 1950 3.00  Mathematics of Investment I

Recommended electives

GL/MATH 2670 6.00 Second Year Calculus

GL/MATH 2660 3.00& Linear Algebra II

STREAMS OF SPECIALIZATION (YEARS 3 & 4)

Accounting & Finance

YEAR 3 : 3000 level

In green required core courses to BUEC program only.

Year 3  

GL/ECON 3300 3.00 Management Economics

GL/ECON 3350 3.00  Financial Theory

GL/ECON 3380 3.00 The Economics of Canadian Financial institutions

GL/ECON 3525 3.00 Cost-Benefit Analysis

GL/ECON 3710 3.00 Intermediate Financial Accounting I

GL/ECON 3720 3.00 Intermediate Financial Accounting II

GL/ECON 3385 3.00 Mergers and Acquisitions

GL/ECON 3540 3.00 Economics of Labour and Manpower

GL/ECON 3575 3.00 Économie de l’innovation (only taught in French)

GL/ECON 3620 3.00 The Economics of the Multinational Firm

YEAR 4 : 4000 level

Year 4 

In green required core courses to BUEC program only.

GL/ILST 4260 3.00 International Finance

GL/ECON 4310 3.00 Corporate Finance I

GL/ECON 4315 3.00 Corporate Finance II

GL/ECON 4640 3.00 Risk Management in an International Context

GL/ECON 4635 3.00 Corporate governance in an international context

GL/ECON 4275 3.00 Economic Analysis of Law

GL/ECON 4340 3.00 Game Theory and Economics

GL/ECON 4570 3.00 Economics of the Public Sector: Taxation

GL/ECON 4290 6.00 International Economics

GL/ECON 4260 3.00  Econometrics

GL/ECON 4270 3.00 Forecasting Techniques in Economics and Business

AP/ECON 4140 3.00 Financial Econometrics

GL/ECON 4330 3.00 Économie de la santé

GL/ECON 4400 3.00 Topics in Economics Organization and Strategy

Economics & Public Policy

YEAR 3 : 3000 level

Year 3  

GL/ECON 3250 3.00 Histoire de la pensée économique

GL/ECON 3920 3.00 Économie du développement

GL/ECON 3370 3.00 Industrial Organization I

GL/ECON 3380 3.00 The Economics of Canadian Financial institutions

GL/ECON 3390 3.00 Monetary Theory and Policy Canadian Context

GL/ECON 3540 3.00 Economics of Labour and Manpower

GL/ECON 3575 3.00 Économie de l’innovation

GL/ECON 3620 3.00 The Economics of the Multinational Firm

YEAR 4 : 4000 level

Year 4 

GL/ECON 4290 6.00 International Economics

GL/ECON 4570 3.00 Economics of the Public Sector: Taxation

GL/ECON 4275 3.00 The Economic Analysis of Law

GL/ECON 4340 3.00 Game Theory and Economics

GL/ECON 4230 3.00 Advanced Economic Theory

GL/ECON 4260 3.00 Econometrics

GL/ECON 4270 3.00 Forcasting Techniques in Economics and Business

GL/ECON 4330 3.00 Économie de la santé

GL/ECON 4400 3.00 Topics in Economics Organization ans Strategy

Mathematical Economics /Economic Theory

YEAR 3 : 3000 level

Year 3  

Note that most mathematics courses are not offered each academic years.  All economics courses are highly recommended for graduate studies in Economics. Mathematics courses recommended for graduate studies in Economics in red.

GL/ECON 3670 3.00 Mathematical Statistics

GL/ECON 4340 3.00 Game Theory and Economics

GL/ECON 4290 6.00 International Economics

GL/ECON 4570 3.00 Economics of the Public Sector: Taxation

GL/MATH 3400 3.00 Differential Equations

GL/MATH 3645 3.00 Optimization

GL/MATH 3300 3.00 Introductory Topology I

YEAR 4 : 4000 level

Year 4

Note that most mathematics courses are not offered each academic years.  All economics courses are highly recommended for graduate studies in Economics. Mathematics courses recommended for graduate studies in Economics in red.

GL/ECON 4250 3.00 Mathematical Economics

AP/ECON 4010 3.00 Advanced Microeconomic Theory

AP/ECON 4020 3.00 Advanced Macroeconomic Theory

GL/ECON 4260 3.00 Econometrics

GL/ECON 4270 3.00 Forecasting Techniques in Economics and Business

GL/MATH 4240 6.00 Real Analysis

GL/ECON 4230 6.00 Complex Analysis

GL/ECON 4330 3.00 Économie de la santé

GL/ECON 4400 3.00 Topics in Economics Organization ans Strategy

Professors

Course Directors

Vassilios Bardis
Scoot Cawfield
Robert Despatie
Cynthia Loch-Drake
Sepehr Radjpoust
Rajeev Sharma
Arthur Younger

Staff

Chair
Hildebrand, Vincent
Office: York Hall 363
Telephone: 416-736-2100 Ext: 88591
Email : vhildebrand@glendon.yorku.ca

Administrative Secretary
Aurore Coco Avolonto
Office: York Hall 327
Telephone: 416-487-6712
Email: acoco@glendon.yorku.ca

Nathaly Minda (BA, 2019)

Now as a graduate, my goal is to build a career in Wealth Management and create a financial platform for newcomers from Latin America. 

“I am an international student from Ecuador. I pursued Business Economics at Glendon College for two reasons: exposure to the business world and a deeper understanding of economic phenomena such as poverty and inequality; which are predominant issues in Ecuador. My major lead me to have a keen interest in personal finance which is a powerful tool that not only prepares you for everyday life, it could help break financial barriers on a bigger picture. As part of my student life, I got the following academic recognitions and awards: (1)Scott Cawfield Prize in Business Economics (2018-2019) which is awarded to the highest graduating student in the Business Economics program, (2) EconomicsDepartment book prize (2018-2019), and (3)Continuing Student Scholarship (2017).”

Shania John (BA, 2019)

Shania is currently enrolled in the Master of Arts (MA) in Economics at McGill University and is also a teaching assistant for microeconomic analysis and application.

“Moving from Dominica to pursue academic studies, I desired a supportive and diverse academic community that enabled me to excel.   The Economics Program at Glendon provided me with  training through rigorous empirical research in Econometrics courses, which complimented the theoretical models explored in the Microeconomics and International Economics. Moreover, supportive professors in the department create the ideal environment for one to thrive academically.  Throughout my academic journey. I was awarded the Monica McQueen Scholarship, York University Continuing Student Scholarship and upon graduation, the Economics Department Prize. Moreover, I had the opportunity to serve as an Undergraduate Teaching Assistant, represent students on the adjudication committee and coordinate disaster relief efforts with the student union. Ultimately, Glendon provided an all-round invaluable and rewarding experience.”

Taylor Kroezen (BA, 2018)

Taylor is currently enrolled in the Master of Arts (MA) in Economics at the University of Toronto.

Taylor’s interests in economic analysis and financial systems paired with her desire to study in a bilingual environment led her to study Business Economics at Glendon. Glendon’s small but mighty campus gave her the opportunity to pursue these interests with close contact to Professors. She developed many analytical skills, and ability to think critically about the economic decisions that shape our world today.” 

Denis Korzak (BA, 2017)

Denis is currently working in the Financial Analytics & Strategy Division at HomeStars

“There are two main reasons why I have decided to join the department of Economics at Glendon College. Firstly, bilingual environment of Glendon allows to immerse into French culture and truly ameliorate the knowledge of French language. Secondly, a wide variety of courses, combined with excellent location of the campus, make Glendon a formidable place to study and development. Thanks to small classes and extremely qualified professors I was able to integrate into the learning process from my first year of university and to pursue one of my dreams – Master’s in Economics.”

Want to share your story? Please contact us at: acoco@glendon.yorku.ca

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