Variant of CIP 2000 - NGS University-level Historical Groupings

2 - Social Sciences, Psychology and Law

23 - Disciplines in the Social Sciences

45.06 - Economics

This subseries comprises instructional program classes 45.0601 to 45.0699.

45.0601 - Economics, General

This instructional program class comprises any general program that focuses on the systematic study of the production, conservation and allocation of resources in conditions of scarcity, together with the organizational frameworks related to these processes. These programs include courses in economic theory, microeconomics and macroeconomics, comparative economic systems, money and banking systems, international economics, quantitative analytical methods, and applications to specific industries and public policy issues.

• Example Program Names:

  • Economic sciences
  • Economic studies
  • Economics

• Exclusion

  • Agricultural economics(01.0103)
  • Natural resource economics(03.0204)
  • Consumer economics(19.0402)
  • Applied economics(45.0602)
  • Econometrics(45.0603)
  • Development economics(45.0604)
  • Global economics(45.0605)
  • Social economics(45.0699)
  • Pharmacoeconomics/pharmaceutical economics (MSc, PhD)(51.2007)
  • Business economics(52.0601)

45.0602 - Applied Economics

This instructional program class comprises any program that focuses on the application of economic principles and analytical techniques to the study of particular industries, activities, or the exploitation of particular resources. These programs include courses in economic theory; microeconomic analysis and modelling of specific industries and commodities; the economic consequences of resource allocation decisions; regulatory and consumer factors; and the technical aspects of specific subjects as they relate to economic analysis.

• Example Program Names:

  • Applied economics
  • Industrial economics

• Exclusion

  • Economics(45.0601)
  • Econometrics(45.0603)
  • International economics(45.0605)
  • Business economics(52.0601)

45.0603 - Econometrics and Quantitative Economics

This instructional program class comprises any program that focuses on the systematic study of mathematical and statistical analysis of economic phenomena and problems. These programs include courses in economic statistics, optimization theory, cost/benefit analysis, price theory, economic modelling, and economic forecasting and evaluation.

• Example Program Names:

  • Econometrics
  • Mathematical economics
  • Quantitative economics

• Exclusion

  • Operations research(14.3701)
  • Mathematical sciences(27.0301)
  • Applied statistics(27.0501)
  • Mathematical statistics(27.0502)
  • Applied economics(45.0602)

45.0604 - Development Economics and International Development

This instructional program class comprises any program that focuses on the systematic study of the economic development process and its application to the problems of specific countries and regions. These programs include courses in economic development theory, industrialization, land reform, infrastructural development, investment policy, the role of governments and business in development, international development organizations, and the study of social, health, and environmental influences on economic development.

• Example Program Names:

  • Community economic development
  • Development economics
  • Economic development
  • International development
  • International development studies

• Exclusion

  • Regional and urban development(04.0301)
  • International economics(45.0605)
  • International business(52.1101)

45.0605 - International Economics

This instructional program class comprises any program that focuses on the systematic study and analysis of international commercial behaviour and trade policy. These programs include courses in international trade theory, tariffs and quotas, commercial policy, trade factor flows, international finance and investment, currency regulation and trade exchange rates and markets, international trade negotiation, and international payments and accounting policy.

• Example Program Names:

  • Global economics
  • International economics

• Exclusion

  • International studies(30.2001)
  • Economics(45.0601)
  • International development studies(45.0604)
  • International business(52.1101)

45.0699 - Economics, Other

This instructional program class comprises any program not listed above that relates to Economics.

• Example Program Names:

  • History of economics
  • Social economics

• Exclusion

  • Economics(45.0601)