The Management Economics in Industry and Finance major is designed to offer students an appreciation of business problems in the areas of industrial organization and finance using the analytical orientation of the discipline of Economics and the tools of Business Management, Marketing and Accounting. This major combines the applied thrust of business courses with the analytical rigor of Economics.

The major provides a suitable education for a career in the business world or in the public service. It also constitutes a useful preparation for more advanced studies, including graduate studies in Economics, Business Administration, Law, and Public Policy. The major is administered by the Department of Economics and students are urged to consult the departmental advisor. A planning guide is available in the department. Students should note that most courses carry prerequisites and that 36-110 and 36-120 are normally prerequisites for all other courses in Economics.

Students who fail any Economics course twice or who do not achieve a 65% average in Economics courses taken during the first 4 semesters in this major are likely to encounter difficulties in the more advanced courses. They are strongly advised to consult the departmental advisor in Economics to discuss the options available.

For the Management Economics in Industry and Finance major, [9.50] credits are specified, [6.00] are restricted electives and [4.50] are free electives.. A possible program sequence is outlined below.

Major

36-120 [0.50] Introductory Microeconomics

One of:

63-100 [0.50] Introductory Calculus I

63-108 [0.50] Elements of Calculus I

63-120 [0.50] Calculus I

[0.50] One Social Science course other than Economics.

[1.00] electives

02-222 [0.50] Financial Accounting

36-110 [0.50] Introductory Macroeconomics

One of:

26-202 [0.50] Information Management

27-100 [0.50] Introduction to Computer Applications

27-120 [0.50] Introduction to Computing

27-150 [0.50] Introduction to Programming

[1.00] electives

02-223 [0.50] Management Accounting

36-231 [0.50] Intermediate Microeconomics

36-272 [0.50] Business History *

36-274 [0.50] Economic Statistics

[0.50] elective

*This may be replaced by any Economic History credit including (with appropriate prerequisites) a 400 level credit. In that case this credit will count towards meeting the requirements of [1.50] Economics credits at the 400 level - see items marked ** in semester 6-8.

Semester 4

02-331 [0.50] Operations Management

02-332 [0.50] Financial Management

36-241 [0.50] Intermediate Macroeconomics

36-277 [0.50] Introductory Mathematical Economics

[0.50] elective

36-360 [0.50] Macroeconomics in an Open Economy

36-371 [0.50] Advanced Microeconomics

36-374 [0.50] Introduction to Econometrics

[0.50] from List A

[0.50] elective

02-437 [0.50] Marketing Management

36-351 [0.50] Money, Credit and the Financial System

OR

36-356 [0.50] Theory of Finance

[0.50] from List A

[0.50]** 400 level Economics credit

[0.50] elective

26-304 [0.50] Business and Consumer Law

36-351 [0.50] Money, Credit and the Financial System

OR

36-356 [0.50] Theory of Finance

54-439 [0.50] Individuals and Groups in Organizations

[0.50] from List A.

[0.50]** 400 level Economics credit

02-425 [0.50] Business Policy

36-353 [0.50] Industrial Organization

OR

36-480 [0.50] Theory of Strategic Management

[0.50] from List A.

[0.50]** 400 level Economics Credit

[0.50] elective

**36-471 and 36-481 are recommended for students wishing to pursue graduate studies.

One only of 36-490, 36-491 may count as one of the required minimum number of 400 level economics creditsourses in the B. Comm. program.

List A - Restricted Electives

02-333 [0.50] Intermediate Accounting

36-320 [0.50] Economics of Industrial Relations

36-350 [0.50] Urban Economics

36-352 [0.50] Labour Economics

36-353 [0.50] Industrial Organization

36-358 [0.50] Economics of Regulation

36-361 [0.50] Public Finance

36-362 [0.50] International Trade

36-366 [0.50] Economics of Equity Markets

1998-99 Undergraduate Calendar