Discretionary Policy: McMaster evaluates IB credits after admission. Results below are based on Faculty-specific rules and student reports. They are not a guarantee of specific course exemptions. Always confirm with your academic advisor.
Does McMaster University accept Economics HL?
Hamilton, ON
Yes, Transfer Credit Available – Likely
Minimum Grade Required
Credit Granted
Student-reported: ECON 1B03 + 1BB3 (6 units) — Faculty assessment required
💡Expert's Take
“HIGH-VALUE CREDIT: SKIPS TWO MANDATORY COURSES (BUT WATCH YOUR GPA)
The Good News: McMaster's Faculty of Social Sciences may grant IB Economics HL (grade 5+) as equivalent to ECON 1B03 (Microeconomics) + ECON 1BB3 (Macroeconomics). This gives you 6 units of specific credit and clears the prerequisites for many Level II Economics courses.
The Strategy for Economics Majors: If you plan to major in Honours Economics, be careful. Admission to Level II Honours often looks at your grade in these two courses. Since transfer credits appear as a "T" (no grade), you won't have a GPA from these core classes.
Action: Ask an academic advisor if you should retake one or both to establish a strong GPA foundation for admission to Honours.
The Strategy for Non-Majors: If you are in Political Science, Sociology, or Sciences, this is a fantastic credit. It fulfills your social science elective requirements and gives you a free pass on two content-heavy intro courses.
Warning for Business Students: DeGroote says it does not grant transfer credit for business-related IB courses. Business I students should plan to take ECON 1B03 and 1BB3 at McMaster unless DeGroote confirms an exception.
Bottom Line: For Social Sciences students, this is a "Golden Ticket" credit—specific, useful, and time-saving.”
Need help preparing for IB Economics HL?
Your Potential Savings
Credits Earned
0-6
Ontario Resident
~$200-340/credit
$0 - $2,040
Est. Savings
Out-of-Province
~$250-421/credit
$0 - $2,526
Est. Savings
International
~$1,500-1,900/credit
$0 - $11,400
Est. Savings
(Eng/Health Sci higher)
*Tuition rates are for 2025 and vary by department. Always verify with McMaster's official sources before making decisions.
📊 Compare Economics HL at Other Universities
See how Economics HL transfer credits compare across Canadian universities. Each school has different grade requirements and savings potential.
McGill University
Montreal, QC
Min Grade
5/7
Credit Granted
ECON 208 + ECON 209 (6 credits)
(6 credits)
Est. Savings
$2,520
Queen's University
Kingston, ON
Min Grade
5/7
Credit Granted
ECON 110 (6.0 units)
(6 credits)
Est. Savings
$1,398
Simon Fraser University
Burnaby, BC
Min Grade
5/7
Credit Granted
SFU ECON 103 (4), Q/B-Soc; SFU ECON 105 ...
(8 credits)
Est. Savings
$1,864
Tip: Different provinces have different tuition rates. Use these comparisons to find the best value for your residency status.
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Data Disclaimer
This information is compiled from McMaster 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: December 2025
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Download a PDF of this transfer credit information for Economics HL at McMaster University.