The Department of Economics at the University of Toronto offers graduate programs leading to the M.A. and Ph.D. degrees. The ultimate goal of the graduate programs in economics is to further the student's capacity for economic analysis through rigorous instruction in theory, econometrics, and a wide variety of fields. Graduates of the programs have obtained desirable University positions, responsible employment in the public sector, and in private industry. Because of the size and diversity of the economics faculty, students can readily specialize in almost any area of interest in economics.