Unit-Based System: Waterloo measures transfer credits in units (0.5 units = one Waterloo course). Credits and caps differ by faculty; switching faculties can change or refuse credits.
Faculty Overrides: Engineering: no first-year IB exemptions • Math faculty: no CS/ITGS credit • Science: no HL Chemistry if CHEM 121 required
Official IB results must be sent to Waterloo (code 000108). Credits assessed after results arrive (August). You can decline credits.
Does University of Waterloo accept Economics HL?
Waterloo, ON
Yes, Transfer Credit Available!
Minimum Grade Required
Credit Granted
ECON 1XX (0.5 units) — Elective credit
Elective Credit (1XX): This is a generic first-year elective credit, not a specific required course. It counts toward your degree credit total but may not replace a mandatory prerequisite for your program.
Faculty of Engineering: Engineering does NOT grant any IB transfer credit exemptions, regardless of score. If you are in Engineering, this credit does not apply to you.
Your Potential Savings
Waterloo Units Earned
0.5
0.5 units = one Waterloo course
Engineering students: Faculty of Engineering does not grant IB transfer credit — your savings would be $0.
Domestic
~$400-$550/course
~$0-$550
Est. Savings (Eng: $0)
International
~$1,800-$2,800/course
~$0-$2,800
Est. Savings (Eng: $0)
*$0 reflects Faculty of Engineering (no IB exemptions). Upper range reflects non-Engineering faculties. Verify with Waterloo'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 1XX (6 credits)
(6 credits)
Est. Savings
$2,520
McMaster University
Hamilton, ON
Min Grade
5/7
Credit Granted
ECON 1B03 + ECON 1BB3 (up to 6 units)
(6 credits)
Est. Savings
$1,200
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
University of Alberta
Edmonton, AB
Min Grade
6/7
Credit Granted
ECON 101 (3 units) + ECON 102 (3 units)
(6 credits)
Est. Savings
$1,302
University of British Columbia
Vancouver, BC
Min Grade
5/7
Credit Granted
ECON_V 1st-year level (6 credits)
(6 credits)
Est. Savings
$1,242
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 University of Waterloo 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: February 2026
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