Does Memorial University of Newfoundland give transfer credit for IB Economics SL?
St. John's, NL
Yes, Transfer Credit Available!
Minimum Grade Required
Credit Granted
Economics 1020
💡Expert's Take
SL Economics is accepted at Memorial with a minimum grade of 4 and converts to Economics 1020, identified in the University Calendar as Introduction to Macroeconomics and carrying the standard 3 credit hours. ECON 1010 (Microeconomics), Mathematics 1000, and Statistics 2500 are not awarded by SL and may still be needed for Economics progression.
The next-year Economics courses are different in kind and have different non-Economics prerequisites: ECON 2550 Economic Statistics and Data Analysis requires ECON 1010, ECON 1020, and Statistics 2500 or equivalent, while ECON 3000 Intermediate Micro Theory I and ECON 3010 Intermediate Macro Theory I require ECON 1010, ECON 1020, and Mathematics 1000. The IB Economics HL award (ECON 1010 + ECON 1020 + three unspecified second-year credit hours) clears the ECON 1010/1020 prerequisite only; it does not remove the Mathematics 1000 or Statistics 2500 barriers on the intermediate or statistics courses.
What to watch for:
- ECON 1020 is a Quantitative Reasoning course and counts toward 3 of the 6 credit hours required for the BA QR Requirement, but the Faculty caps transferred core credit at no more than 9 of the 18 combined CRW, LS, and QR credit hours from another institution.
- Per Calendar §12.4, a student who completes fewer than one-half of the credit hours for the degree must complete "at least one-half of the minimum number of credit hours required for a Major (or a second Major) and at least one-third of the minimum number of credit hours required for a Minor" at Memorial; SL Economics credit cannot replace those Memorial-coursework minimums.
For an Economics major, treat the SL award as the macro half only and front-load ECON 1010, Mathematics 1000, and Statistics 2500.
Official award line (IB Economics, Standard Level):
Minimum score: 4
Credit granted: Economics 1020
ECON 1020 catalogue entry
Source: Memorial University, International Baccalaureate transfer credit chart
Completed the Higher Level instead? See our Economics HL page for that award.
Need help preparing for IB Economics SL?
Your Potential Savings
Credit Awarded
3
credit hour (1 course = 3)
Newfoundland and Labrador Resident
~$225/credit hour
~$675
Potential Tuition Value
(same rate for NL and other Canadian students)
Out-of-Province
~$225/credit hour
~$675
Potential Tuition Value
(same rate for NL and other Canadian students)
International
~$750/credit hour
~$2,250
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 SL at Other Universities
See how Economics SL transfer credits compare across Canadian universities. Click column headers to sort.
| University | Min Grade | Credit Granted | Tuition Value | ||
|---|---|---|---|---|---|
| Concordia UniversityMontreal, Quebec | CSA | No transfer credit under the IB Diploma Programme … | View estimate | → | |
| Simon Fraser UniversityBurnaby, BC | 4/7 | SFU ECON 1XX (3) | View estimate | → | |
| University of British ColumbiaVancouver, BC | CSA | Not listed in UBC's non-exhaustive IB table; asses… | View estimate | → | |
| Carleton UniversityOttawa, ON | N/A | No transfer credit | — | → | |
| Dalhousie UniversityHalifax, NS | N/A | No transfer credit | — | → | |
| McGill UniversityMontreal, QC | N/A | No transfer credit | — | → | |
| McMaster UniversityHamilton, ON | N/A | No transfer credit | — | → | |
| Queen's UniversityKingston, ON | N/A | No transfer credit | — | → | |
| University of CalgaryCalgary, Alberta | N/A | No transfer credit | — | → | |
| University of GuelphGuelph, ON | N/A | No transfer credit | — | → | |
| University of ManitobaWinnipeg, MB | N/A | Not yet verified | — | → | |
| University of OttawaOttawa, ON | N/A | No transfer credit | — | → | |
| University of TorontoToronto, ON | N/A | No transfer credit | — | → | |
| University of VictoriaVictoria, BC | N/A | No transfer credit | — | → | |
| University of WaterlooWaterloo, ON | N/A | No transfer credit | — | → | |
| Western UniversityLondon, ON | N/A | No transfer credit | — | → | |
| York UniversityToronto, ON | N/A | No transfer credit | — | → |
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 SL?
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
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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: August 2026
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