Does Memorial University of Newfoundland give transfer credit for IB Economics HL?
St. John's, NL
Yes, Transfer Credit Available!
Minimum Grade Required
Credit Granted
Economics 1010 + 1020 + three unspecified credit hours (second year level)
Generic Credit: Unassigned credit, not a specific course. How it applies to your degree is determined by your faculty, and it may not replace a mandatory prerequisite for your major.
💡Expert's Take
Memorial's IB Economics HL award is unusually broad: nine credit hours at score 4, including both first-year economics courses plus three unspecified credit hours at the 2000 level. Per the IB transfer credit chart, no higher score tier is listed; an HL 4 already triggers the full package.
The two named awards, ECON 1010 (Introduction to Microeconomics) and ECON 1020 (Introduction to Macroeconomics), are the obligatory first-year courses for both the BA Economics major and the Economics minor per the Faculty of Humanities and Social Sciences calendar, so an HL 4 clears the first-year layer of either pathway.
The three unspecified 2000-level credit hours are flexible but limited. They occupy a 2000-level slot on the transcript without mapping to a named course, which has different consequences depending on the program. The Economics major (BA or BSc) requires its additional 15 credit hours of Economics electives to be "at the 3000-level or above," so the unspecified 2000-level credit cannot fill that elective block. The Economics minor's elective block is more permissive: 12 credit hours of Economics electives "chosen in consultation with the Head of the Department or Delegate," with only 3 of those required at the 4000 level, leaving room for advising-approved 2000-level Economics credit. Named obligatory courses are not satisfied at all by unspecified credit, including ECON 2550 (Economic Statistics and Data Analysis), which itself is a 2000-level course.
What to watch for:
- Prerequisite gates beyond IB credit: per the HSS calendar, "Mathematics 1000 is the prerequisite for Economics 3000, 3010, and 3550," and ECON 2550 requires "Statistics 2500 or equivalent." IB Economics HL on its own does not unlock the next stage; the math and statistics requirements still apply.
- SL gap: SL 4 awards ECON 1020 only. No microeconomics, no second-year credit. Students continuing into a major or minor would still need ECON 1010.
- BSc Economics major students should note that the program separately requires "at least 3 credit hours in an additional science subject other than Mathematics/Statistics, Economics, and Computer Science," so the IB Economics package does not contribute to that science breadth requirement.
- The applicability of any specified or unspecified transfer credit to a particular degree, major, minor, or breadth requirement is subject to program regulations and academic-unit review per Calendar Regulation 4.4, so confirm with the academic unit before assuming a specific slot is filled.
- The IB chart states that credit is conditional on Memorial receiving the official IB transcript sent directly from the International Baccalaureate Organization.
For a prospective Economics major, the realistic acceleration is at the first-year layer: ECON 1010 and 1020 are cleared, but the named obligatory courses (ECON 2550, 3000, 3001, 3010, 3550, 4550) and the additional 15 credit hours of 3000-level-or-above electives all remain to be completed. For an Economics minor, the unspecified 2000-level credit may be useable inside the elective block subject to advising, since the minor does not restrict the remaining 9 elective credit hours to 3000+. For students outside Economics, the unspecified credit functions as a generic 2000-level humanities or social-sciences elective on a BA, or as a non-Business elective on a BComm; on a BSc transcript it does not contribute to the additional-science-subject requirement. Questions about how a specific awarded course interacts with a chosen program should go to transfer.credit@mun.ca.
Official award line (Economics HL):
Minimum score: 4
Credit granted: Economics 1010 + 1020 + three unspecified credit hours (second year level)
SL at score 4: Economics 1020
Need help preparing for IB Economics HL?
Your Potential Savings
Credit Awarded
9
credit hour (1 course = 3)
Newfoundland and Labrador Resident
~$225/credit hour
~$2,025
Potential Tuition Value
(same rate for NL and other Canadian students)
Out-of-Province
~$225/credit hour
~$2,025
Potential Tuition Value
(same rate for NL and other Canadian students)
International
~$750/credit hour
~$6,750
Potential Tuition Value
*2026-27 tuition-only rates; Memorial froze per-credit tuition at 2025-26 levels. 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 | → | |
| Lakehead UniversityThunder Bay, ON | 5/7 | Economics 1100 (1.0 credit) | View estimate | → | |
| McGill UniversityMontreal, QC | 5/7 | ECON 1XX (6 credits) | View estimate | → | |
| McMaster UniversityHamilton, ON | 5/7 | Economics 1B03 and 1BB3 | 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 Memorial University of Newfoundland
Related subjects you might be interested in at Memorial University of Newfoundland
Computer Science HL
History HL
Mathematics: Applications and Interpretation HL
Mathematics: Analysis and Approaches HL
Psychology HL
Data Disclaimer
This information is compiled from Memorial University of Newfoundland 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
Save Your Transfer Plan
Download a PDF of this transfer credit information for Economics HL at Memorial University of Newfoundland.