Economics


Faculty and Staff List

Professors Emeriti
G.J. Anderson, B.A., M.Sc., Ph.D.
M. Faig, Licenciatura, M.A., Ph.D.
J.E. Floyd, B.Com., M.A., Ph.D.
C. Pitchik, B.A., M.Sc., Ph.D.
F. Reid, B.A., M.Sc., Ph.D.
X. Zhu, B.S., M.S., Ph.D.

Professors
V. Aivazian, B.S., M.A., Ph.D.
C. Arteaga, B.A., M.A., Ph.D.
L. Bailey, B.A., M.A.
C. Baysan, BCom, M.S., Ph.D.
J. Choi, B.Sc., M.A., Ph.D.
R. Deb, B.Tech., M.Phil., M.A., Ph.D.
M. Duarte, B.A., M.A., Ph.D.
S. Dyrda, M.A., Ph.D.
J. Gu, M.A., Ph.D.
G. Kambourov, B.A., M.A., Ph.D.
R. McMillan, B.A., Ph.D.
A. Melino, B.A., Ph.D.
P. Oreopoulos, B.A., M.A., Ph.D.
D. Price, B.S., M.A., Ph.D.
M. Rempel, B.A., M.A.
X. Shi, B.Sc., M.A., Ph.D.
E.A. Souza-Rodrigues, B.A., M.Sc., M.A., M.Phil., Ph.D.
A. Weisbrod, B.A., M.Sc., Ph.D.
R. Wolthoff, B.Sc., M.Sc., Ph.D.
K. Yu, B.A., M.A., Ph.D.
N. Zammit, B.A., M.A., Ph.D.
R. Zarate, B.A., M.A., PhD.

Chair
M. Duarte

Administrative Assistant to the Chair
A. Shoebridge
Room KN3274, Innovation Complex
905-828-5257
a.shoebridge@utoronto.ca

Academic Advisor
Kayla Forrester
Room KN3252, Innovation Complex
905-828-5404
advisor.utmeconomics@utoronto.ca

Department Manager
Drew Reid
KN 3218, Innovation Complex
905-569-4930
drew.reid@utoronto.ca


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.

Economic theory now makes considerable use of mathematics in some of its enquiries. A student who chooses to specialize in Economics should take at least one basic course in mathematics. More such courses may be taken, as several Economics courses draw on mathematical analysis.

Owing to advances in economic theory, an undergraduate degree is not sufficient to become a professional economist. For this or other reasons, graduate work may be necessary. Students who wish to do graduate work should seek advice from the department concerning their choice of courses.

Students should also review the Degree Requirements section prior to selecting courses

Program websitehttp://www.utm.utoronto.ca/economics

 

UTM Co-op Internship Program

The UTM Co-op Internship Program (UTMCIP) stream is available to eligible students enrolled in the Economics Major, Economics and Political Science Specialist, and International Affairs Specialist programs. Enrolment is limited and requires a supplemental application. Students enrolled in the UTMCIP stream will be required to complete mandatory Work-Readiness programming plus a 12- or 16-month term of paid, full-time work experience. The time to degree completion for students enrolled in UTMCIP will normally be 5 years. There is an additional cost to participate in the UTMCIP stream.

Enrolment in the UTMCIP stream of the Economics Major and Specialist programs is limited. Students will be eligible to apply to UTMCIP streams after their first year of study and/or completion of at least 4.0 credits, in alignment with the program’s requirements, and no more than 6.0 credits in total. Successful applicants will be enrolled into the UTMCIP stream of their academic program in Year of Study 2.

Enrolment is open to domestic and international students. All international students must possess a valid work permit and Social Insurance Number (SIN) to participate in a work term.

Further details about UTMCIP, including eligibility requirements and application procedures, can be found here. Students may also visit the UTMCIP webpage.