Program Information

School: Royal Military College of Canada
Faculty: Faculty of Arts
Degree: Bachelor
Field of Study: Economics, General
Description: Economics is the social science that studies how individuals, firms, and governments make choices on allocating scarce resources to satisfy unlimited wants. Economics is everywhere: from students choosing how much time to allocate to studying versus going to the gym or going out, to governments choosing how to allocate resources to education, health care, or security, all these decisions involve a choice of one or more alternatives given limited resources, such as time and/or money.

There are two main branches of economics — microeconomics and macroeconomics. Microeconomics studies the behaviour of individual decision makers such as firms and households. It deals with determination of prices and quantities in individual markets and with the relationship among markets. In contrast, macroeconomics is concerned with the behaviour of the economy as a whole, in particular, with factors such as unemployment, national income, economic growth, inflation and price levels.

URL: Economics at Royal Military College of Canada
Length: 4 Year(s)
Cost per year:*

This cost estimate is for Year 1 of the program and does not include administrative fees.

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Admission Requirements

Grade for Entrance Previous Year (%)* 75

These courses are intended as guidelines. Speak to your guidance counsellor to see what courses are offered at your school.

  •  Grade12 English  or  Grade12 French 
  •  Grade11 Advanced Functions  or  Grade11 Functions and Relations 

Applicants must have completed high school university preparatory courses in the following subjects: English or French at the grade 12 level, and Mathematics – Functions (calculus is recommended) at the grade 11 level. All students admitted to Arts will be required to complete university courses in math, chemistry and physics (specifically designed for Arts students) and are encouraged to have taken chemistry and physics university preparatory courses at the grade 11 level. Students must also offer a minimum course mark of 75% for each of the required courses and have an overall average of 75% on the best 6 courses completed in grade 12 including the required courses.