World Economics Course
    In-person Program

    World Economics Course

    by University of Toronto International Programs

    World Economics explores scarcity, wealth, productivity, trade-offs, and markets through lectures, research, and a final project within a residential university experience.

    Last verified: 8 Oct 2026Reviewed by:BSBen Stacy

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    World Economics Course at a glance: cost, dates and eligibility

    Current status

    Upcoming

    Eligibility

    High school students; advanced English

    Age range / Year group

    Ages 15-18

    Location / Region

    Toronto, Canada

    Cost

    $6,625; $4,995

    Duration

    3 weeks

    Format

    In-person

    Applications open

    30 November 2026

    Get next-cycle reminder
    Business & EconomicsSocial Sciences
    Language: English; CEFR C1+
    Accommodation: New College; single or double rooms
    Meals: All meals; all-you-can-eat dining
    Certificate / Outcome: Final project; conditional program certificate
    Campus experience: University of Toronto, St. George Campus
    Supervision: Resident counselors; overnight on-call support
    Sessions / cadence: Monday-Friday mornings; 15 hours/week

    World Economics Course summary

    World Economics is a University of Toronto, New College course connecting fundamental economic ideas to a globalized world.

    Students learn through lectures, readings, and activities, research examples from their own countries, and complete a final course project.

    Its strongest appeal is the combination of academic exploration, cross-cultural discussion, and structured residential campus life.

    What is World Economics Course?

    World Economics Course is an academic option within the University of Toronto, New College Pre-University Program. It introduces scarcity, wealth, productivity, trade-offs, and markets, asking students to connect economic behavior with a globalized, interconnected world.

    Lectures, readings, and activities build toward a final course project. Students research how economic ideas apply in their own countries and share those perspectives with classmates, while the wider program combines morning and afternoon study with residence life and organized activities.

    Why Succeed highlights World Economics Course

    • Comparing economic concepts across students' home countries gives the subject a concrete international perspective.

    • A final course project gives students a focused academic task beyond listening to lectures.

    • The package combines economics with an afternoon course, allowing broader academic exploration.

    • Resident counselors, supervised activities, and overnight support give families a structured campus experience.

    Who is World Economics Course for?

    Best for

    Students curious about how economies work who enjoy researching, discussing ideas, and practicing university study skills in English.

    Not ideal if

    You want a casual sightseeing camp or a flexible day-only course, since residence and participation in scheduled programming are required.

    Is World Economics Course worth it?

    This course is worth considering if you want to test your interest in economics while practicing academic English and experiencing communal university life. Researching national examples and completing a project offer useful ways to turn subject curiosity into specific work you can reflect on afterward.

    The commitment extends beyond the economics classroom: the booked package includes another course, residence, and mandatory activities. Families should weigh that fuller experience against the total expense and the student's comfort with structured residential rules.

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    A practical overview of cost, accommodation, meals, dates and provider details to review before deciding.

    Cost and what is included

    $6,625; $4,995; includes One morning course and one afternoon course., Accommodation at New College Residence., All meals., Supervision., Evening activities., Weekend excursions., Health insurance in the standard package., Arrival and departure services on program dates in the standard package..

    Accommodation

    New College; single or double rooms

    Meals

    All meals; all-you-can-eat dining

    Provider details

    Review the University of Toronto International Programs provider page and official sources before making a final decision.

    Dates and logistics

    3 weeks; Toronto, Canada.

    What to check before committing

    Confirm current dates, payment terms, travel arrangements, cancellation rules and what is included with the provider.

    Compare this program with similar options before deciding on dates, cost, format and fit.

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    How much preparation does World Economics Course need?

    Effort level

    Substantial academic and residential commitment.

    Best started

    Begin English-proof and travel planning several months before your chosen 2027 session, starting with the June intake.

    Main challenge

    Applying economic ideas and discussing research confidently in advanced English.

    Typical preparation

    • Review scarcity, productivity, trade-offs, and markets using examples from your own country.

    • Practice reading an economics article, taking notes, and explaining its argument aloud.

    • Establish whether the English-language schooling exemption applies or proficiency proof is needed.

    • Plan the second course, family budget, dietary needs, and travel arrangements together.

    Useful if

    You want to explore economics and strengthen habits for university study.

    What do students do on World Economics Course?

    You study fundamental economics through lectures, readings, and activities, connecting the concepts with examples from different countries. These activities build toward a final course project within a broader schedule of academic classes and residential programming.

    Step-by-step process

    1. 1

      Learn core ideas including scarcity, wealth, productivity, trade-offs, and markets.

    2. 2

      Research how these concepts are understood in your own country.

    3. 3

      Share your findings and perspectives with classmates.

    4. 4

      Apply your learning in a final course project.

    5. 5

      Take part in the afternoon course, evening activities, and weekend excursions.

    World Economics Course dates and deadlines

    World Economics Course: June 2027

    13 June-3 July 2027

    Arrival and departure dates; classes run Monday-Friday.

    Upcoming

    World Economics Course: July 2027

    4-24 July 2027

    Arrival and departure dates; classes run Monday-Friday.

    Upcoming

    World Economics Course: August 2027

    25 July-14 August 2027

    Arrival and departure dates; classes run Monday-Friday.

    Upcoming

    Registration opens

    30 November 2026

    Registration Portal for 2027 summer programs.

    Upcoming

    June final payment

    16 May 2027

    Also the full-refund cutoff, less non-refundable fees.

    Upcoming

    July final payment

    6 June 2027

    Also the full-refund cutoff, less non-refundable fees.

    Upcoming

    August final payment

    27 June 2027

    Also the full-refund cutoff, less non-refundable fees.

    Upcoming

    June partial refund

    30 May 2027

    50% refund cutoff; program fees become non-refundable afterward.

    Upcoming

    July partial refund

    20 June 2027

    50% refund cutoff; program fees become non-refundable afterward.

    Upcoming

    August partial refund

    11 July 2027

    50% refund cutoff; program fees become non-refundable afterward.

    Upcoming

    Visa refund requests

    31 August 2027

    Email requests with the official IRCC refusal letter; the deposit remains non-refundable.

    Upcoming

    Eligibility and requirements

    • High school students ages 15-18.

    • Advanced English at CEFR C1+.

    • English proficiency proof unless the two-year English-language schooling exemption applies.

    • International and domestic students may participate.

    • Residence and attendance at scheduled programming are required.

    How much does World Economics Course cost?

    Standard program fee

    $6,625 — Three-week residential package with two courses.

    Funding or discounts

    • Domestic program fee: $4,995 — For Canadian citizens and permanent residents.
    • Program fee deposit: $600 — Non-refundable; holds the place pending remaining payments.
    • Canadian student insurance: $650 — Three-week coverage required without Canadian provincial health insurance.
    • Canadian arrival service: $150 — Optional arrival pickup.
    • Canadian departure service: $150 — Optional departure drop-off.
    • Custodianship declaration: $125 — Per notarized form; non-refundable.
    • International wire transfer: $60 — Per transfer; credit card payments have no payment fee.

    What's included

    One morning course and one afternoon course., Accommodation at New College Residence., All meals., Supervision., Evening activities., Weekend excursions., Health insurance in the standard package., Arrival and departure services on program dates in the standard package.

    How to apply to World Economics Course

    1. 1

      Create an account in the Registration Portal, or sign in with your existing account.

    2. 2

      Submit your summer-program application and required English proficiency information.

    3. 3

      Prepare a second course choice in case course offerings change.

    4. 4

      After confirmation of enrollment, make the minimum non-refundable payment within five business days.

    5. 5

      Complete the remaining payment and required forms by your session's final-payment date.

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    What does World Economics Course cover?

    The program covers the following focus areas.

    Scarcity and trade-offs

    Explore how scarcity and trade-offs shape economic behavior.

    Wealth, productivity, and markets

    Study fundamental ideas about wealth, productivity, and markets.

    Economics across countries

    Research national examples and compare economic perspectives with classmates.

    Final course project

    Bring together learning from lectures, texts, and activities in a final project.

    Curriculum may be adjusted based on participant interests and current developments.

    What is a typical day on World Economics Course?

    A typical day during the program.

    World Economics classes

    15 class hours weekly for three weeks, totaling 45 hours.

    Second academic course

    The residential package includes one afternoon course alongside World Economics.

    Residential activities

    Organized activities and counselor events accompany residence life.

    Excursions

    Supervised trips form part of the package; the sample itinerary includes Niagara Falls and Canada's Wonderland.

    Who teaches on World Economics Course?

    Canadian university students serve as residential counselors, leading cultural activities and supervising trips. They live in residence and provide evening on-call support, including help with overnight emergencies.

    Where do students stay on World Economics Course?

    Residential plan

    • New College Residence: All students live in air-conditioned single or double rooms with internet, linens, and a desk.
    • All meals: Audrey Taylor Dining Hall provides all-you-can-eat dining, including a vegetarian station.
    • Supervision and security: Resident counselors, overnight on-call support, 24/7 front desk staff, and controlled access support student welfare.
    • Campus life and excursions: Students use communal residence spaces and join organized evening activities and supervised weekend trips.

    Rooming requests are accepted but cannot be guaranteed; bathrooms are shared with private showers.

    What happens after World Economics Course?

    After completing this program, participants often pursue:

    Complete a final course project.

    Build understanding of economics in a global context.

    Practice academic English and university study skills.

    Work toward a program certificate through attendance and active participation.

    Certificate eligibility can be affected by absence, misconduct, or limited participation.

    Where does World Economics Course take place?

    Students live at New College Residence on the University of Toronto's St. George Campus in downtown Toronto. The residence is within walking distance of neighborhoods, shopping areas, and sites visited during organized activities.

    Standard-package arrival and departure services apply on the program's scheduled start and end dates.

    World Economics Course FAQs

    The course covers scarcity, wealth, productivity, trade-offs, and markets in a globalized world. Students research how these concepts apply in their own countries and share their perspectives with classmates.

    World Economics has 15 class hours per week for three weeks, in the mornings from Monday through Friday. The residential package also includes an afternoon course.

    Advanced English at CEFR C1+ is required. Students who have studied at an English-language institution for at least two years do not need proficiency proof; other students are asked to provide it.

    Residence is an essential part of the Pre-University Program. All students live at New College Residence.

    Students receive single or double air-conditioned rooms with internet access and shared bathrooms with private showers. All meals are included, with an all-you-can-eat dining hall and vegetarian options.

    Canadian university students serve as counselors, supervise trips and activities, and live in residence. Evening on-call duties, residence attendance checks, and curfew rules provide overnight support.

    Lectures, readings, and activities lead to a final course project. The program also links certificate eligibility to attendance, behavior, and active participation.

    The dining facilities can accommodate most allergies and dietary restrictions, but exceptional cases cannot be accommodated. The facilities are not nut-free.

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    Ben Stacy

    Content reviewed by

    Ben Stacy

    Co-founder, Succeed | Former secondary teacher and educational leader

    Ben works at the intersection of education, technology and school adoption, with expertise in how secondary schools evaluate data-driven tools and how education technology is used in practice.

    Sources & verification

    Source types reviewed

    • Login | University of Toronto - International Programs
    • Brochures - International Programs
    • General Rules & Code of Conduct - Summer Pre-University - International Programs
    • Life at Pre-U - International Programs
    • English Proficiency Requirements - International Programs
    • Dates and Fees - Summer Pre-University - International Programs
    • ISA: Payment & Cancellation Policies - International Programs
    • Apply - Summer Programs - International Programs
    • Prepare For Your Arrival - International Programs
    • Application & Document Deadlines - International Programs
    • How to Apply - International Programs
    • Courses - International Programs

    Succeed uses official provider information where available, but keeps this public page focused on comparison and planning inside Succeed.

    What we verified (on 8 Oct 2026)

    • Course curriculum reviewed

    • 2027 session dates verified

    • Registration opening verified

    • Fee categories distinguished

    • English requirements reviewed

    • Residence and supervision reviewed

    • Refund terms reviewed

    How Succeed uses this information

    We use source material to verify core facts, then show older cycle dates as reference when a current cycle is not available. Always check current application instructions before applying.