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the Department of Economics

Chair's Welcome

Welcome to the Department of Economics at McMaster University!

At the undergraduate level, the Department offers two streams of an Honours BA in Economics (Honours and the Honours Specialist option), a number of combined Honours degrees, as well as a Minor in Economics. At the graduate level we offer both an MA and a PhD in Economics, as well as an MA in Economic Policy. All of our programs permit students to obtain training in economic theory and quantitative methods as well as opportunities to take courses in a wide range of areas of specialization.

I hope you find the information at this site useful and interesting. Please feel free to send me any comments you may have about our website or programs.

Stephen Jones, Professor and Chair

Learn more about our Undergraduate Programs

Learn more about our Graduate Programs

Faculty Experts

The Department has a number of research centres and faculty experts in microeconomics, macroeconomics, econometrics, experimental economics, health economics, international economics, labour economics, monetary economics, population economics and public economics. Much of their research is applied to policy issues and utilizes advanced quantitative techniques. 

Some of our areas of strength include:

Health Economics

Health economics draws together the ideas and tools of various fields of economics such as econometrics, public finance, labour market economics, and industrial organization. These are combined with sector-specific institutional knowledge to study and contribute policy advice regarding health and health care systems.


Macroeconomics is the study of the economy as a whole, confronting the boom and bust of the business cycle and the determinants of long-term growth and economic development. It addresses the policy choices of governments and central banks and is closely tied with monetary and financial issues. It also overlaps with international economics issues such as exchange rates and trade policy.

Applied Microeconomics

Applied microeconomics takes economic theories and applies them to key questions of individual behaviour and societal outcomes. Drawing on diverse sources of data, it can tackle big questions in areas such as labour markets, taxation and public spending, and industrial organization.


Econometrics uses statistical tools to quantify economic phenomena. It allows us to assess theoretical economic models empirically, turning abstract ideas into useful tools for economic policymaking. As such, it is fundamental to all areas of empirical economics.


Student Society, Alumni, Giving to Economics, and Academic Postings

the McMaster Economics Society

The McMaster Economics Society at the Department of Economics, McMaster University is a student-run organization dedicated to enhancing the experience of all students with a passion for Economics. We aim to provide a platform for Economics students to engage in academic and social settings outside of the classroom.


Learn more about the McMaster Economics Society


As graduates of our various educational programs, you are vital ambassadors for the Department in industry, government and the non-profit sectors.  We want to stay connected with you, and keep you apprised of the activities and successes of the Department and its students, staff, and faculty.

Learn more about our Alumni, or get back in touch!

Give to McMaster Economics

Your gift will make a big difference for McMaster Students.

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Academic Positions of Interest:

Applications are only accepted online at:

Assistant or Associate Professor, Economics

(3 Positions)

McMaster University


Applications are invited for three full-time tenure-track positions at the rank of Assistant Professor (or junior Associate Professor in the case of an exceptional candidate) commencing July 1, 2018, in the Department of Economics at McMaster University. As advertised earlier this fall, the Department continues to seek two candidates whose research is in applied microeconomics, including experimental economics, health economics, industrial organization, labour economics, population economics and public economics. It now also seeks a third candidate whose research is in macroeconomics, including international macroeconomics. Preference will be given to candidates who have completed their PhD or who expect to complete their PhD requirements prior to July 1, 2018. 

The Department of Economics is a research-intensive academic unit. The appointee will be expected to conduct an independent research program yielding significant peer-reviewed publications, to attract external peer-reviewed research funding, to teach undergraduate and graduate students, and to supervise doctoral students,

Applications should include an application letter, a curriculum vitae, research papers (including a job market paper), a short research summary, evidence of teaching effectiveness (if available), and three confidential letters of reference. Applications will only be accepted on-line at EconJobMarket,

The Department will begin reviewing applications November 1, 2017 and the position will remain open until it is filled. The Department expects to be interviewing at the Canadian Economics Employment Exchange in Toronto in December 2017 and at the ASSA meetings in Philadelphia in January 2018. 

To comply with the Government of Canada's reporting requirements, the University is obliged to gather information about applicants' status as either Permanent Residents of Canada or Canadian citizens. Applicants need not identify their country of origin or current citizenship. However, all applications must include one of the following statements: “I am a citizen or permanent resident of Canada”; or “I am not a citizen or permanent resident of Canada.” 

All qualified candidates are encouraged to apply; however, Canadian citizens and permanent residents will be given priority. McMaster University is strongly committed to employment equity within its community and to recruiting a diverse faculty and staff. The University encourages applications from all qualified candidates including women, persons with disabilities, First Nations, Métis and Inuit persons, members of racialized communities and LGBTQ-identified persons. If you require any form of accommodation throughout the recruitment and selection procedure, please contact the Human Resources Service Centre at 905-525-9140 ext. 222-HR (22247)

View positions at