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Certificate in

Note: Many of the courses in this program are available by distance education; refer to the Distance Education section below. Visit the distance education website for further information.

Designed for students with no previous training in economics, the Certificate in Economics provides students with a solid foundation in general economic theory as well as the opportunity to gain exposure to a variety of economics sub-fields (such as labour economics or environmental economics). With economic forces at play everywhere in both the private and public sectors, students who complete the certificate will gain a competitive edge in an extremely wide range of career paths. This certificate is also a stepping stone for students who have a degree in another field but wish to pursue graduate studies in economics or a related field.

For detailed certificate and program information, please visit

Academic Coordinator: Dr. Haomiao Yu,

See more courses and programs relating to Business, Management, Economics, and Urban Planning.

Admission Criteria

It is recommended that applicants have the following:

OSSD with six Grade 12 U (including Grade 12 U credits in English and Mathematics) or M credits, or equivalent, or mature student status.

Undergraduate students wishing to pursue a continuing education certificate program should be aware of possible restrictions; please refer to Curriculum Advising for complete details.

Program Open House

Students who have questions about the admission criteria and/or would like to know more about this certificate are invited to attend a Program Open House. Please see Open House for dates, times, and location.

Certificate Requirements

The successful completion of six courses, with a cumulative grade point average of 1.67 or higher, is required for the certificate.

Certificate Registration

Students may be registered in only one certificate program at any one time. To allow maximum flexibility in crediting external courses and/or courses previously taken at Ryerson, students should register in the certificate at the beginning of their first course (see also Courses and Programs FAQ). For complete details on the advantages of early registration, registration deadlines, and Transfer Credit restrictions, all students should read Registration in a Certificate Program.

Awards and Financial Aid

If you require financial assistance, you may apply for merit-based awards and/or need-based financial aid. As well, students officially registered in a Chang School certificate program may be eligible for funding through the Ontario Student Assistance Program (OSAP). For a complete list of certificate programs approved by OSAP, visit the Student Financial Assistance website.

Requirements for Graduation

To graduate, you must successfully complete, within your official timespan, the published certificate curricula from the year you registered in the certificate program. In some circumstances, certificate requirements may change, resulting in courses no longer being available. In such cases, Course Substitutions/Directives may be requested. Also, you must apply on RAMSS to graduate, prior to the appropriate application deadlines (see Important Dates). For complete details, all students should read Graduation.

Required Courses

CECN 104   Economics:  Introductory Microeconomics
CECN 204   Economics:  Introductory Macroeconomics

Electives (select four)

Students select a total of four electives, one of which must be CECN 301 or CECN 504.
Please consult the course descriptions for prerequisites.

CECN 220   Economics:  Evolution of the Global Economy
CECN 301   Economics:  Intermediate Macroeconomics I
CECN 321   Economics:  Introduction to Law and Economics
CECN 501   Economics:  Industrial Organization
CECN 502   Economics:  Economics of Energy and Natural Resources
CECN 504   Economics:  Intermediate Microeconomics I
CECN 506   Economics:  Money and Banking
CECN 510   Economics:  Environmental Economics
CECN 600   Economics:  Intermediate Macroeconomics II
CECN 601   Economics:  The Economics of Information
CECN 605   Economics:  Labour Economics
CECN 606   Economics:  International Monetary Economics
CECN 614   Economics:  An Introduction to Game Theory
CECN 627   Economics:  Econometrics I
CECN 640   Economics:  The Economics of Immigration
CECN 700   Economics:  Intermediate Microeconomics II
CECN 702   Economics:  Econometrics II
CECN 703   Economics:  Public Sector Economics
CECN 715   Economics:  Advanced Microeconomics
CECN 803   Economics:  Canadian Tax Policy
CECN 808   Economics:  Economic Growth and Technological Change
CECN 815   Economics:  Advanced Macroeconomics


Note: CECN 104 and CECN 204 give the student access to all the upper-level liberal studies courses in Economics as well as to the upper-level professionally related courses. CECN 110 and CECN 210 are not allowed as substitutes for CECN 104 and CECN 204 for Liberal Studies credit.

Suggested Elective Groupings

Students may choose electives from a variety of areas in economics, or they may choose to focus on a specific area to achieve their individual goals. The electives may be grouped as follows:
Core Economics: CECN 301, CECN 504, CECN 600, CECN 700
International Economics: CECN 220, CECN 301, CECN 504, CECN 606, CECN 700
Macroeconomics: CECN 301, CECN 506, CECN 600, CECN 606, CECN 808, CECN 815
Microeconomics: CECN 501, CECN 504, CECN 601, CECN 614, CECN 700, CECN 715
Environmental Economics: CECN 301, CECN 502, CECN 510, CECN 700
Applied Economics: CECN 301, CECN 605, CECN 627, CECN 702
Economic Policy: CECN 220, CECN 301, CECN 321, CECN 703, CECN 803

Note to registered certificate program students
CECN 220 added.
Note: The above course added to the Suggested Elective Groupings in “International Economics” and “Economic Policy”.

Distance Education

The following courses are available in a distance education format this academic year.

CECN 104   Economics:  Introductory Microeconomics
CECN 204   Economics:  Introductory Macroeconomics
CECN 506   Economics:  Money and Banking
CECN 606   Economics:  International Monetary Economics