Program Requirements
The B.Com. Joint Honours in Economics and Accounting program is offered jointly between Economics and the Desautels Faculty of Management. This program requires the completion of 30 specified credits of Honours courses listed in the Economics Honours part of this program and 24 specified credits for Accounting.
Students in this program should see an Economics adviser and a Management adviser. For the economics part, the students should consult: . For the current list of advisers in Economics and their advising times, see the website of the Department of Economics, Faculty of Arts.
Continuation from one year to the next in the Economics part of this Joint Honours program requires a minimum grade of B- in ECON 250 and a minimum B- average in the required and complementary Honours Economics courses. Students failing to meet these requirements must switch out of the Honours program. If they continue to register in Honours, they will not be allowed to graduate with Honours.
The Faculty of Management requires that students must achieve a grade of B- or better in all courses of the Accounting component of this program.
For the Economics component, a student must also obtain a 3.00 GPA in the required courses, a 3.00 average in the required and complementary credits in Economics, and an overall CGPA of 3.00. For a First Class Honours degree, the minimum requirements are a 3.50 program GPA in the required courses, a 3.50 average in the required and complementary credits in Economics, and an overall CGPA of 3.50. In cases where a student takes a Supplemental Exam in a course, both the original and the Supplemental Exam grades will be counted in the calculation of the GPA and CGPA averages.
For the Management part of this program, students also have to meet the requirements of the Faculty of Management for Honours and First Class Honours.
Program Prerequisites (0-10 credits)
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MATH 133 Linear Algebra and Geometry (3 credits) *
Overview
Mathematics & Statistics (Sci) : Systems of linear equations, matrices, inverses, determinants; geometric vectors in three dimensions, dot product, cross product, lines and planes; introduction to vector spaces, linear dependence and independence, bases; quadratic loci in two and three dimensions.
Terms: Fall 2015, Winter 2016, Summer 2016
Instructors: Disegni, Daniel; Kelome, Djivede; Baratin, Aristide; Anderson, William J (Fall) Novytska, Yuliya; Kelome, Djivede (Winter) Baratin, Aristide (Summer)
3 hours lecture, 1 hour tutorial
Prerequisite: a course in functions
Restriction A: Not open to students who have taken MATH 221 or CEGEP objective 00UQ or equivalent.
Restriction B: Not open to students who have taken or are taking MATH 123, MATH 130 or MATH 131, except by permission of the Department of Mathematics and Statistics.
Restriction C: Not open to students who are taking or have taken MATH 134.
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MATH 140 Calculus 1 (3 credits) **
Overview
Mathematics & Statistics (Sci) : Review of functions and graphs. Limits, continuity, derivative. Differentiation of elementary functions. Antidifferentiation. Applications.
Terms: Fall 2015, Winter 2016, Summer 2016
Instructors: Hundemer, Axel W; Hu, Ying; Wallace, Michael (Fall) Vonk, Jan (Winter) Jakobson, Dmitry (Summer)
3 hours lecture, 1 hour tutorial
Prerequisite: High School Calculus
Restriction: Not open to students who have taken MATH 120, MATH 139 or CEGEP objective 00UN or equivalent
Restriction: Not open to students who have taken or are taking MATH 122 or MATH 130 or MATH 131, except by permission of the Department of Mathematics and Statistics
Each Tutorial section is enrolment limited
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MATH 141 Calculus 2 (4 credits) **
Overview
Mathematics & Statistics (Sci) : The definite integral. Techniques of integration. Applications. Introduction to sequences and series.
Terms: Fall 2015, Winter 2016, Summer 2016
Instructors: Pang, Chung Yin Amy (Fall) Shokoohi, Farhad; Hundemer, Axel W; Barsheshat, Yariv (Winter) Al Balushi, Ibrahim; McGillivray, Annaliza (Summer)
Restriction: Not open to students who have taken MATH 121 or CEGEP objective 00UP or equivalent
Restriction Note B: Not open to students who have taken or are taking MATH 122 or MATH 130 or MATH 131, except by permission of the Department of Mathematics and Statistics.
Each Tutorial section is enrolment limited
* Required course to be completed prior to U2 (or equivalent)
** Prerequisite for entering this program (or equivalent)
Required Courses (39 credits)
For the regulations governing courses in statistics, please refer to the Department's document "Rules on Stats Courses for Economics Students" available on the following website: . Students who have taken equivalent statistics courses prior to entering the program may be waived the ECON 257D1/ECON 257D2 requirement. These students will normally be required to take ECON 469 in addition to ECON 468.
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ACCT 351 Intermediate Financial Accounting 1 (3 credits)
Overview
Accounting : An examination of the theoretical foundation for financial reporting and revenue recognition. The tools of accounting, including a review of the accounting process and compound interest concepts. Asset recognition, measurement and disclosure. Partnership accounting.
Terms: Fall 2015, Winter 2016, Summer 2016
Instructors: Tsang, Desmond; Belafi, Trishia (Fall) Zajdman-Borden, Karen; Parent, Kevin Paul; Cecere, Ralph (Winter) Tenenbaum, Lawrence S (Summer)
Prerequisite: MGCR 211
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ACCT 352 Intermediate Financial Accounting 2 (3 credits)
Overview
Accounting : A continuation of Intermediate Financial Accounting 1. An examination of liability recognition, measurement and disclosure, including leases, pension costs and corporate income tax. Shareholders' equity, dilutive securities and earnings per share. The statement of changes in financial position, basic financial statement analysis and full disclosure in financial reporting.
Terms: Fall 2015, Winter 2016, Summer 2016
Instructors: Cecere, Ralph; Abrams, Ryan (Fall) Rabier, MaryJane; Abrams, Ryan (Winter) Cecere, Ralph (Summer)
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ACCT 361 Management Accounting (3 credits)
Overview
Accounting : The role of management accounting information to support internal management decisions and to provide performance incentives.
Terms: Fall 2015, Winter 2016, Summer 2016
Instructors: Parent, Kevin Paul (Fall) Parent, Kevin Paul; Kalyta, Pavlo (Winter) Tenenbaum, Lawrence S (Summer)
Prerequisite: MGCR 211
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ACCT 455 Development of Accounting Thought (3 credits)
Overview
Accounting : The conceptual underpinning of accounting thought, including its historical development and the modifications that have occurred over time. A review of accounting literature and its relevance to practice.
Terms: Fall 2015, Winter 2016
Instructors: Cecere, Ralph (Fall) Singer, Zvi (Winter)
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ECON 250D1 Introduction to Economic Theory: Honours (3 credits) *
Overview
Economics (Arts) : An intermediate level microeconomics course. Includes theory of exchange, theory of consumer behaviour, theory of production and cost curves, theory of the firm, theory of distribution; general equilibrium and welfare economics. The assumptions underlying the traditional neo-classical approach to economic theory will be carefully specified.
Terms: Fall 2015
Instructors: Xue, Licun (Fall)
Students must register for both ECON 250D1 and ECON 250D2.
No credit will be given for this course unless both ECON 250D1 and ECON 250D2 are successfully completed in consecutive terms
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ECON 250D2 Introduction to Economic Theory: Honours (3 credits) *
Overview
Economics (Arts) : See ECON 250D1 for course description.
Terms: Winter 2016
Instructors: Dutta, Rohan (Winter)
Prerequisite: ECON 250D1
No credit will be given for this course unless both ECON 250D1 and ECON 250D2 are successfully completed in consecutive terms
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ECON 257D1 Economic Statistics - Honours (3 credits) **
Overview
Economics (Arts) : Stochastic phenomena; probability and frequency distributions, introduction to probability theory. Statistical inference about proportions, means and variances; analysis of variance; nonparametric statistics; index numbers and time series; economic forecasting; regression and correlation analysis; introduction to general linear models, its uses and limitations; uses and misuses of statistics.
Terms: Fall 2015
Instructors: Galbraith, John W (Fall)
Restriction: Not open to students who have taken 154-357 or are taking ECON 217 or ECON 227.
Students must register for both ECON 257D1 and ECON 257D2.
No credit will be given for this course unless both ECON 257D1 and ECON 257D2 are successfully completed in consecutive terms
You may not be able to receive credit for this course and other statistic courses. Be sure to check the Course Overlap section under Faculty Degree Requirements in the Arts or Science section of the Calendar.
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ECON 257D2 Economic Statistics - Honours (3 credits) **
Overview
Economics (Arts) : See ECON 257D1 for course description.
Terms: Winter 2016
Instructors: Zinde-Walsh, Victoria (Winter)
Prerequisite: ECON 257D1
No credit will be given for this course unless both ECON 257D1 and ECON 257D2 are successfully completed in consecutive terms
You may not be able to receive credit for this course and other statistic courses. Be sure to check the Course Overlap section under Faculty Degree Requirements in the Arts or Science section of the Calendar.
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ECON 352D1 Macroeconomics - Honours (3 credits) ***
Overview
Economics (Arts) : Basic macroeconomic theory, emphasizing the Classical and Keynesian ideas for the short-run determination of output, employment, interest rates and prices in the economy. Elements of international economics, money and banking and growth theory. The structure of the Canadian economy.
Terms: Fall 2015
Instructors: Alvarez-Cuadrado, Francisco (Fall)
Prerequisite: ECON 250D1/ECON 250D2
Corequisite: ECON 257D1
Students must register for both ECON 352D1 and ECON 352D2
No credit will be given for this course unless both ECON 352D1 and ECON 352D2 are successfully completed in consecutive terms
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ECON 352D2 Macroeconomics - Honours (3 credits) ***
Overview
Economics (Arts) : See ECON 352D1 for course description.
Terms: Winter 2016
Instructors: Ruge-Murcia, Francisco (Winter)
Prerequisite: ECON 352D1.
Corequisite: ECON 357D2.
No credit will be given for this course unless both ECON 352D1 and ECON 352D2 are successfully completed in consecutive terms
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ECON 450 Advanced Economic Theory 1 - Honours (3 credits)
Overview
Economics (Arts) : Selected topics in economic theory from recent periodical and monograph literature.
Terms: Fall 2015
Instructors: Alvarez-Cuadrado, Francisco (Fall)
Prerequisites: ECON 250D1/ECON 250D2 and ECON 352D1/ECON 352D2
Restriction(s): Not open to students who have taken ECON 450D1 and ECON 450D2.
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ECON 452 Advanced Economic Theory 2 - Honours (3 credits)
Overview
Economics (Arts) : Selected topics in economic theory from recent periodical and monograph literature.
Terms: Winter 2016
Instructors: Xue, Licun (Winter)
Prerequisites: ECON 250D1/ECON 250D2 and ECON 352D1/ECON 352D2
Restriction(s): Not open to students who have taken ECON 450D1 and ECON 450D2.
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ECON 468 Econometrics 1 - Honours (3 credits)
Overview
Economics (Arts) : The statistical basis of econometric modelling and treatment of the linear regression model; simple time series models; procedures for inference in linear cases; an introduction to methods for dealing with endogeneity and non-constant variance.
Terms: Fall 2015
Instructors: Davidson, Russell (Fall)
Prerequisite(s): ECON 257D1/D2 or permission of the instructor.
Restriction(s): Not open to students who have taken or are taking ECON 467D1/D2
* 3 of the 6 credits for ECON 250D1/D2 exempt MGCR 293 in Management Core.
** 3 of the 6 credits for ECON 257D1/D2 exempt MGCR 271 in Management Core.
*** 3 of the 6 credits for ECON 352D1/D2 exempt ECON 295 in Management Core.
Complementary Courses (15 credits)
3 credits from the following:
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ECON 460 History of Thought 1 - Honours (3 credits)
Overview
Economics (Arts) : The evolution of economic thought prior to the close of the 19th century, as reflected in the writings of prominent economists from the time of Adam Smith to the emergence of marginalism and neoclassical economics.
Terms: Fall 2015
Instructors: Watson, William (Fall)
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ECON 461 History of Thought 2 - Honours (3 credits)
Overview
Economics (Arts) : The evolution of economic thought in the 20th century, as reflected in the writings of prominent economists on equilibrium, dynamics, games, expectations, econometrics, industrial structure, economic policy and other primary areas of interest.
Terms: Winter 2016
Instructors: Handa, Jagdish (Winter)
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ECON 469 Econometrics 2 - Honours (3 credits)
Overview
Economics (Arts) : Treatment of asymptotic theory and classical inferential procedures, an introduction to the bootstrap, maximum likelihood, non-linear models, mis-specification testing, non-stationarity and limited dependent variable models.
Terms: Winter 2016
Instructors: El-Attar Vilalta, Mayssun (Winter)
Prerequisite: ECON 468
Restriction(s): Not open to students who have taken or are taking ECON 467D1/D2
12 credits from the following:
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ACCT 354 Financial Statement Analysis (3 credits)
Overview
Accounting : Interpretative nature of the conceptual framework underlying a multitude of financial reporting standards, including the impact of alternative accounting methods, management biases and stakeholder interests in the analysis and valuation of the firm.
Terms: Fall 2015, Winter 2016
Instructors: Susel, Roman; Scott, Julia (Fall) Zajdman-Borden, Karen; Singer, Zvi (Winter)
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ACCT 362 Cost Accounting (3 credits)
Overview
Accounting : An examination of a number of recurring issues in the area of decision-making and control, including cost allocation, alternative costing systems, and innovations in costing and performance measurement.
Terms: Fall 2015, Winter 2016
Instructors: Levy, Philippe; Lapointe, Deirdre (Fall) Lapointe, Deirdre; Zhang, Jingjing (Winter)
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ACCT 385 Principles of Taxation (3 credits)
Overview
Accounting : An introduction to the concepts underlying the Canadian tax system and how they are applied in relation to the taxation of individuals and businesses.
Terms: Fall 2015, Winter 2016, Summer 2016
Instructors: Goldsman, Larry; Raco, Maria (Fall) Goldsman, Larry; Raco, Maria (Winter) Armanious, Joseph (Summer)
Prerequisite: MGCR 211
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ACCT 452 Financial Reporting Valuation (3 credits)
Overview
Accounting : Models to determine firm value from accounting information and a broader perspective on key sources of information, key value drivers, in a setting where evaluating firm value is the ultimate purpose.
Terms: Winter 2016
Instructors: Goyette-Demers, Julien (Winter)
Prerequisite: ACCT 354.
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ACCT 453 Advanced Financial Accounting (3 credits)
Overview
Accounting : Reporting relevant financial information subsequent to long term intercorporate investments. The preparation of consolidated financial statements with emphasis on their economic substance rather than legal form.
Terms: Fall 2015, Winter 2016, Summer 2016
Instructors: Scott, Julia; Degrace, Lynn (Fall) Wilson, Jim; Scott, Julia (Winter) Wilson, Jim (Summer)
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ACCT 463 Management Control (3 credits)
Overview
Accounting : The theoretical frameworks for the examination and evaluation of management accounting and control systems. The technical aspects of accounting along with behavioural issues of management control.
Terms: Fall 2015, Winter 2016
Instructors: Levy, Philippe; Degrace, Lynn (Fall) Degrace, Lynn; Levy, Philippe (Winter)
Prerequisites: ACCT 361
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ACCT 475 Principles of Auditing (3 credits)
Overview
Accounting : An introduction to basic auditing concepts and internal controls of an accounting system. Topics include current auditing standards, ethical conduct, legal liability, planning of an audit, sampling techniques, non-audit engagements, the study and evaluation of internal controls in an accounting system.
Terms: Fall 2015, Winter 2016, Summer 2016
Instructors: Roan, Thu Huong; Cecere, Ralph (Fall) Roan, Thu Huong; Cecere, Ralph (Winter) Cecere, Ralph (Summer)
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ACCT 486 Business Taxation 2 (3 credits)
Overview
Accounting : A study of the Income Tax Act as it applies to the taxation of individuals and corporations, including capital cost allowances, capital gains, corporate reorganisations, trusts and partnerships and administrative regulations. A review of consumption taxes.
Terms: Fall 2015, Winter 2016
Instructors: Goldsman, Larry; Oliverio, Joseph (Fall) Oliverio, Joseph; Goldsman, Larry (Winter)
Prerequisite: ACCT 385