Economics

Learn more about studying Economics as an international student.

Image reflecting the subject area of Social Studies, relating to the program.

Key facts

Program
Bachelor's
Duration
3 years
Program
On campus
Pace
Full-time
Annual tuition fee
22,000CAD
Start date
Sep
University ranking
Not ranked

Program overview

What Algoma University says about their program:

Our program concentrates on theory, applications, and explorations in current and policy-related issues at the regional, national, and international level. Students will study the roles of governmental, business, and financial institutions, as well as individuals as they interact to determine the distribution of a country’s total range of goods and services. Courses cover a wide array of topic areas, including environmental economic policies, microeconomics, urban economics, economic development, economics of finance, elementary statistical methods for economists, among others.

Admission requirements

Undergraduate academic requirements

High school completion & results

Postgraduate academic requirements

Bachelor's degree

English proficiency

BSc Biology, BA Psychology & BSc Psychology:

CAEL (paper-based, computer edition, or online)
60
Cambridge English
176 (with no band below 169)
Duolingo English Test
110 (no band below 95)
IELTS
6.5 overall (no band below 6.0)
TOEFL (Computer or Home Edition)
83
PTE Academic
: 60

All other Undergraduate & Postgraduate programs:

CAEL (paper-based, computer edition, or online)
60
Cambridge English
176 (with no band below 169)
Duolingo English Test
110 (no band below 90)
IELTS
6.0 overall (no band below 6.0)
TOEFL (Computer or Home Edition)
79
TOEFL (paper-based)
550
PTE Academic
: 60

English proficiency waivers

Students completing the International Baccalaureate, Cambridge or Pearson may be granted a waiver, provided they meet minimum academic results in their prescribed English courses.
Completion of a recognised English Language Pathway program.

Documents required

Passport
Application
Payment of application fee
Copies of all transcripts
Translations if transcripts are in any language other than English
Proof of english language proficiency (if applicable)
Letter explaining any gaps of two or more years in education history
Copy of study permit/visa

Illustration of academic elements representing admission requirements, including a graduation cap, clock, documents, resumes, ID card, a calendar, and a clipboard.

Fees and funding

Fee information

Undergraduate tuition:

22,000 CAD per year

Postgraduate tuition:

24,000 CAD per year

Illustration of education and financial elements including a graduation cap, trophy, diploma, books, a piggy bank, stacks of cash notes, and coins, representing fees and funding.

What is the cost of living near Algoma University?

Category	Cost (in Canadian Dollar)
Rent, 1-bed apartment in city centre	$1,821Range: $1,300 to $2,634
Rent, 1-bed apartment outside centre	$1,599Range: $1,047 to $2,218
Utilities (electricity, heating, water, refuse)	$211Range: $118 to $400
Internet (60 Mbps unlimited)	$85Range: $60 to $125
Mobile phone plan (data + calls)	$60Range: $34 to $100
Monthly public transport pass	$103Range: $72 to $156
Monthly grocery basket	$350Range: $250 to $500
Coffee shop drink	$5Range: $3 to $8
Cinema or cultural event ticket	$16Range: $13 to $22
Gym membership	$58Range: $25 to $100

Indicative monthly costs per person.

Data sourced from numbeo.com (Crowdsourced).

Visa requirements for Algoma University

Many international students will require a visa to study in Canada, and this is a vital step of your study abroad journey. Make sure you understand the requirements you may need to meet before applying.

Canada student visa requirements