Western University EconomicsWestern Social Science

Honors Specialization

The Honors Specialization Module is a 4 year Honors Degree. This module is designed for students who wish to specialize in Economics as undergraduates. For the purposes of progression and graduation, ALL Honors Economics courses taken shall be counted as principal courses. Students are encouraged to take their subsidiary course options outside of the Economics Department.

Main campus honors students may not enroll in any honors economics courses at an affiliated college, even if the course is not offered on main campus (special permission is not granted under any circumstances). Also, students enrolled at an affiliated college may not enroll in honors economic courses on main campus.

Progression in this module will be assessed in May. Those who have not met the progression requirements at that time will have their registration changed. In order to progress the student must maintain average of 70% with no mark below 60% within their principal courses. Students enrolled in any Honors degree cannot fail any courses, otherwise they will be removed from the module.

Students planning to do graduate work in Economics are advised to consult the Department before selecting courses. Students are also advised to take intermediate to advanced Math courses as part of their electives in order to be competitive when applying to graduate school.

Scholarship eligibility is affected if courses are dropped. Students must have five full courses in the current year as well as in the previous year of study (summer courses are excluded).

Admission Requirements

Completion of first-year requirements with no failures. Students must have an average of at least 70% with no mark less than 60% in 3.0 principal courses, including an average of at least 70% with no mark less than 60% in the following 2.5 courses: Economics 1021A/B and 1022A/B, or the former Economics 1020; Calculus 1000A/B, or Calculus 1500A/B,  or the former Calculus 1100A/B; and Calculus 1501A/B (or Calculus 1301A/B with a mark of at least 85%); and Mathematics 1600A/B or the former Linear Algebra 1600A/B. (Engineering students and Science students may substitute Economics 2001A/B, and Applied Math 1413A/B, please see department for details.)

Economics 1021A/B and 1022A/B (or Economics 1020), and Calculus 1000A/B or Calculus 1500A/B or the former Calculus 1100A/B must be completed before admission to the module. Calculus 1501A/B (or Calculus 1301A/B with a mark of at least 85%) and Mathematics 1600A/B or the former Linear Algebra 1600A/B can be taken after entering the module, but must be completed by the end of the second year in the module.

(Note: Students entering this program before September 1, 2010, who have not completed Calculus 1000A/B or Calculus 1100A/B may enter the program if they have an average of at least 70% with no mark less than 60% in 3.0 principal courses, including an average of at least 70% with no mark less than 60% in the following 2.0 courses: Economics 1021A/B and 1022A/B, or Economics 1020; and 1.0 course from Mathematics 1600A/B or the former Linear Algebra 1600A/B, Mathematics 1225A/B, 1229A/B, the former Mathematics 030. Such students are required to complete Economics 2210A/B as part of the module requirements.)

Module (9.0 courses)

*Students who have taken a full or half course in introductory statistics at the 2100 level or higher in the Department of Statistical and Actuarial Sciences can substitute that course for Economics 2222A/B towards the module requirements. Exception: if the Statistics course is being used in another module, no credit overlap is allowed, and students are required to replace Economics 2222 with another 0.5 course in Economics at the 2200 level or higher. Students who have completed any other introductory statistics course listed as an anti-requisite to Economics 2222A/B must replace Economics 2222A/B with 0.5 course in Economics at the 2200 or 3000 level.

**Students who are not counting Economics 3310A/B towards their module may substitute up to 1.0 course from the following list toward this requirement: Calculus 2502A/B, 2503A/B; any Mathematics course numbered 2100 or higher; Applied Mathematics 2402A, or the former Differential Equations 2402A, Applied Mathematics 2811B, 2813B, 3811A/B, 3813A/B, 3815A/B, 3911F/G, 4353B, 4613A/B, 4617A/B, 4815A/B, 4817A/B and Financial Modelling 3817A/B.

Students who have completed (prior to enrollment in the module) Economics 2150A/B, 2151A/B, 2152A/B and 2153A/B with an average of 80% and no mark less than 75%, and who have taken Calculus 1000A/B, or Calculus 1500A/B, or the former Calculus 1100A/B, and Mathematics 1600A/B or the former Linear Algebra 1600A/B, with no mark less than 60%, may enter the Honors Specialization and be exempt from taking Economics 2220A/B, 2221A/B, 2260A/B and 2261A/B. Students who have completed these requirements and have also completed Economics 2122A/B and 2123A/B with an average of 80% and no mark less than 75% may also be exempt from taking Economics 2222A/B and 2223A/B. [Students who completed Economics 2150A/B, 2151A/B, 2152A/B and 2153A/B before September, 2009, may request to be granted these exemptions based on the mark requirements described for this module in the Faculty of Social Science section of the 2008 Academic Calendar.]

Students who completed Economics 2150A/B, 2151A/B, 2152A/B and 2153A/B before September, 2009, may request to be admitted to the Honors Specialization in accordance with the requirements listed under "Admission Requirements for students entering Year 4 or with a previous degree" on pg. 175 of the 2008 Academic Calendar.