Does Toronto Metropolitan University give transfer credit for IB Economics HL?
Toronto, ON
Yes, Transfer Credit Available!
Minimum Grade Required
Credit Granted
ECN 104 and ECN 204
💡Expert's Take
TMU’s published IB Higher Levels guide lists Economics HL (grade 5 or higher) for two named first-year credits, ECN 104 (Introductory Microeconomics) and ECN 204 (Introductory Macroeconomics). The guide shows credits “recently granted” and “subject to change,” so a 5 makes you eligible for these credits rather than guaranteeing them; the official outcome appears on your Transfer Credit Report once you apply after admission.
These are specific course equivalents, not generic electives, so they carry the most weight in economics-heavy programs: in Economics and Finance (Arts) and the Economics and Management Science major (Business Management) they cover two required first-year courses. They are also the two required courses of the Minor in Economics, a useful route for students in other programs, though that minor is closed to Economics and Finance, the Economics and Management Science major, and the Mathematics and Its Applications Economics Option. Outside these paths, how the two credits apply depends on your program and Advisement Report.
What to watch for: ECN 104 and ECN 204 satisfy the introductory-economics side of the prerequisites for intermediate economics such as ECN 504, but those courses also require a separate approved math or statistics course, so the two IB credits on their own do not unlock intermediate economics.
Official award line (IB Economics, Higher Level):
Minimum score: 5
Listed transfer credit: ECN 104 (Introductory Microeconomics) and ECN 204 (Introductory Macroeconomics)
TMU’s chart covers Higher Levels only, so Standard Level Economics is not eligible for transfer credit.
Need help preparing for IB Economics HL?
Your Potential Savings
Credits Earned
2
Tuition per Credit*
~$240
Est. Savings*
~$480
*Tuition rates are approximate and may vary by academic year, faculty, and program. Always verify with Toronto Metropolitan University's official sources before making decisions.
📊 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 | Est. Savings | ||
|---|---|---|---|---|---|
| McGill UniversityMontreal, QC | 5/7 | ECON 1XX (6 credits) | $2,520 | → | |
| Dalhousie UniversityHalifax, NS | 5/7 | Economics 1101.03 + Economics 1102.03 = 6 credit h… | $2,052 | → | |
| Memorial University of NewfoundlandSt. John's, NL | 4/7 | Economics 1010 + 1020 + three unspecified credit h… | $2,025 | → | |
| Simon Fraser UniversityBurnaby, BC | 5/7 | SFU ECON 103 (4), Q/B-Soc; SFU ECON 105 (4), Q/B-S… | $1,864 | → | |
| Concordia UniversityMontreal, Quebec | 4/7 | 9 transfer credits toward the 120-credit Extended … | $1,620 | → | |
| University of SaskatchewanSaskatoon, SK | 5/7 | ECON 111.3 + ECON 114.3 = 6 credit units | $1,554 | → | |
| York UniversityToronto, ON | 5/7 | AP/ECON 1000 3.0 + AP/ECON 1010 3.0 (6 credits) | $1,458 | → | |
| University of WindsorWindsor, ON | 5/7 | ECON-1100 + ECON-1110 (Intro to Economics I & II) | $1,440 | → | |
| Western UniversityLondon, ON | 5/7 | Economics 1021A + 1022B (1.0 credit) | $1,440 | → | |
| Queen's UniversityKingston, ON | 5/7 | ECON 110 (6.0 units) | $1,398 | → | |
| Carleton UniversityOttawa, ON | 5/7 | ECON 1001 + ECON 1002 (1.0 credit) | $1,365 | → | |
| University of OttawaOttawa, ON | 5/7 | ECO 1102 + ECO 1104 (6 units) | $1,320 | → | |
| University of AlbertaEdmonton, AB | 6/7 | ECON 101 (3 units) + ECON 102 (3 units) | $1,302 | → | |
| University of British ColumbiaVancouver, BC | 5/7 | ECON_V 1st-year level (6 credits) | $1,242 | → | |
| McMaster UniversityHamilton, ON | 5/7 | Economics 1B03 and 1BB3 | $1,200 | → | |
| University of CalgaryCalgary, Alberta | 5/7 | ECON 201 and ECON 203 | $1,194 | → | |
| University of ManitobaWinnipeg, MB | 4/7 | ECON 1010 Introduction to Microeconomic Principles… | $1,080 | → | |
| University of GuelphGuelph, ON | 5/7 | ECON 1050 (0.50 credits) | $720 | → | |
| University of TorontoToronto, ON | 5/7 | ECO1**Y (1.0 credit) | $659 | → | |
| University of VictoriaVictoria, BC | 4/7 | ECON 103 (1.5 units) and ECON 104 (1.5 units) | $555 | → | |
| University of WaterlooWaterloo, ON | 5/7 | ECON 1XX (0.5 units) — Elective credit | $450 | → | |
| University of New BrunswickFredericton & Saint John, NB | 5/7 | Saint John: ECON 1013 & ECON 1023 Fredericton: 100… | $360 | → |
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 Toronto Metropolitan 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: June 2026
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