Does Lakehead University give transfer credit for IB Economics HL?
Thunder Bay, ON
Yes, Transfer Credit Available!
Minimum Grade Required
Credit Granted
Economics 1010 and Economics 1011
💡Expert's Take
Economics HL earns a named two-course equivalency, not unspecified credit. A score of 5 or better converts to Economics 1010 (Principles of Microeconomics) and Economics 1011 (Principles of Macroeconomics), 0.5 FCE each, the same pair required as the entry point to second-year economics courses.
Two of Lakehead's own pages currently disagree, so read carefully. The older IB-specific admissions page still lists the award as Economics 1100, a course that no longer appears in the 2026-2027 calendar (the calendar notes that students with Economics 1100 credit may not take Economics 1010 or 1011 for credit). The pages also differ on process: the current Advanced Standing page says credit "is automatically awarded" once final official results arrive, while its IB section says qualifying students "may be considered." If either point matters to your plans, get written confirmation from Lakehead rather than relying on one page.
What to watch for: A maximum of 3.0 FCE may be awarded across all eligible secondary-school coursework, so stack multiple HL subjects with that cap in mind. Engineering programs are not eligible for advanced standing. Assessments are not completed after your first year, except on a program change, where an official IBO transcript is required again and only credits applicable to the new program are granted. SL courses earn no advanced-standing credit, though they can still be presented for admission prerequisites in most subjects.
Official award line (IB Economics HL):
Minimum score: 5 ("a score of five (5) or better")
Credit granted: Economics 1010 - Principles of Microeconomics and Economics 1011 - Principles of Macroeconomics, credit weight 0.5 each, 1.0 total
Lakehead University, High School Advanced Standing, International Baccalaureate (IB) table
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Your Potential Savings
Credit Awarded
1
1.0 FCE (full course equivalent)
Ontario Resident
~$1,221-$2,057/1.0 FCE
~$1,221 - $2,057
Potential Tuition Value
(most programs; Engineering higher)
Out-of-Province
~$1,386-$2,057/1.0 FCE
~$1,386 - $2,057
Potential Tuition Value
(year-1 differential; billing exemptions available (e.g. OSAP recipients))
International
~$6,350-$8,400/1.0 FCE
~$6,350 - $8,400
Potential Tuition Value
(varies by program)
*2026-27 tuition-only rates per 1.0 FCE, Thunder Bay campus. Engineering programs are not eligible for IB advanced standing. Values assume the award replaces tuition you would otherwise pay. Actual cash savings can be $0 under flat-rate or full-time billing unless credit reduces a billed term or time to completion.
📊 Compare Economics HL at Other Universities
See how Economics HL transfer credits compare across Canadian universities. Click column headers to sort.
| University | Min Grade | Credit Granted | Tuition Value | ||
|---|---|---|---|---|---|
| Carleton UniversityOttawa, ON | 5/7 | ECON 1001 + ECON 1002 (1.0 credit) | View estimate | → | |
| Concordia UniversityMontreal, Quebec | 4/7 | 9 transfer credits toward the 120-credit Extended … | View estimate | → | |
| Dalhousie UniversityHalifax, NS | 5/7 | Economics 1101.03 + Economics 1102.03 = 6 credit h… | View estimate | → | |
| McGill UniversityMontreal, QC | 5/7 | ECON 1XX (6 credits) | View estimate | → | |
| McMaster UniversityHamilton, ON | 5/7 | Economics 1B03 and 1BB3 | View estimate | → | |
| Memorial University of NewfoundlandSt. John's, NL | 4/7 | Economics 1010 + 1020 + three unspecified credit h… | View estimate | → | |
| Ontario Tech UniversityOshawa, ON | 5/7 | Transfer credit, grade "T" (unspecified/elective, … | View estimate | → | |
| Queen's UniversityKingston, ON | 5/7 | ECON 110 (6.0 units) | View estimate | → | |
| Simon Fraser UniversityBurnaby, BC | 5/7 | SFU ECON 103 (4), Q/B-Soc; SFU ECON 105 (4), Q/B-S… | View estimate | → | |
| Toronto Metropolitan UniversityToronto, ON | 5/7 | ECN 104 and ECN 204 | View estimate | → | |
| University of AlbertaEdmonton, AB | 6/7 | ECON 101 (3 units) + ECON 102 (3 units) | View estimate | → | |
| University of British ColumbiaVancouver, BC | 5/7 | ECON_V 1st-year level (6 credits) | View estimate | → | |
| University of CalgaryCalgary, Alberta | 5/7 | ECON 201 and ECON 203 | View estimate | → | |
| University of GuelphGuelph, ON | 5/7 | ECON 1050 (0.50 credits) | View estimate | → | |
| University of ManitobaWinnipeg, MB | 4/7 | ECON 1010 Introduction to Microeconomic Principles… | View estimate | → | |
| University of New BrunswickFredericton & Saint John, NB | 5/7 | Saint John: ECON 1013 & ECON 1023 Fredericton: 100… | View estimate | → | |
| University of OttawaOttawa, ON | 5/7 | ECO 1102 + ECO 1104 (6 units) | View estimate | → | |
| University of ReginaRegina, SK | 5/7 | ECON 100 - Introduction to Economic Issues (3 cred… | View estimate | → | |
| University of SaskatchewanSaskatoon, SK | 5/7 | ECON 111.3 + ECON 114.3 = 6 credit units | View estimate | → | |
| University of TorontoToronto, ON | 5/7 | ECO1**Y (1.0 credit) | View estimate | → | |
| University of VictoriaVictoria, BC | 4/7 | ECON 103 (1.5 units) and ECON 104 (1.5 units) | View estimate | → | |
| University of WaterlooWaterloo, ON | 5/7 | ECON 1XX (0.5 units) — Elective credit | View estimate | → | |
| University of WindsorWindsor, ON | 5/7 | ECON-1100 + ECON-1110 (Intro to Economics I & II) | View estimate | → | |
| Western UniversityLondon, ON | 5/7 | Economics 1021A + 1022B (1.0 credit) | View estimate | → | |
| York UniversityToronto, ON | 5/7 | AP/ECON 1000 3.0 + AP/ECON 1010 3.0 (6 credits) | View estimate | → |
Tip: Open a university to compare same-province, out-of-province, and international tuition values. Flat-rate or full-time billing can make the immediate cash saving $0.
Taking more than Economics HL?
Add all your IB subjects and predicted scores to estimate your total transfer credit across Canadian universities, side by side.
Other IB Subjects at Lakehead University
Related subjects you might be interested in at Lakehead University
Mathematics: Analysis and Approaches HL
Mathematics: Applications and Interpretation HL
History HL
Computer Science HL
Psychology HL
Data Disclaimer
This information is compiled from Lakehead University official sources and verified community reports. It is NOT a substitute for official academic advising. Always confirm with your advisor before making decisions.
Last updated: July 2026
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