Economics is the social science that provides understanding, meaning and relevance of human action under conditions of scarcity. In other words, the study of economics enables a more effective use of scarce resources such as people’s time and talents.
DurationEconomics is the social science that provides understanding, meaning and relevance of human action under conditions of scarcity. In other words, the study of economics enables a more effective use of scarce resources such as people’s time and talents, land, buildings, equipment, tools on hand, and the knowledge of how to combine them to create products and services to satisfy human wants. Economics is a value-free science. It never tells people how to act, it merely shows how they need to act to attain specific results.
This major would be well suited to those who are interested in policy work, economic aspects of international trade, economic forecasting and economic consulting.
As an economics major you can also choose a minor to enhance your knowledge in a secondary line of study. Many minors complement economics well such as accounting, family and small business management, fintech and financial innovation, marketing, math, supply chain and operations management, agricultural economics, ag enterprise management, environmental studies, indigenous governance, and international management.
Why Take Economics At The Dhillon School Of Business?
By adding an economics major to your business education, you will learn key theories of economics and strengthen your quantitative skills while also acquiring foundational management and business concepts. Here you’ll explore the theoretical roots of business and acquire the important conceptual knowledge and skills to contribute effectively to an organization.
Many of our students also enrol in co-operative education while at the Dhillon School of Business. Co-op allows you to get paid work experience before you graduate and can even help you land a job immediately after graduation.
Sample Classes:
Business and management education started at the University of Lethbridge in 1975 with the Department of Management, most recently renamed in 2018 as the Dhillon School of Business.
Today the School is an accredited member of the exclusive Association to Advance Collegiate Schools of Business International (AACSB). Over 14,000 alumni from 51 countries call the Dhillon School of Business their alma mater.
The Dhillon School of Business is known for its immersive experiential learning opportunities, connecting learners with industry, its supportive, personalized approach and for exposing students to emerging technology.
To ensure students thrive in an interconnected world of increasing change, we create our programs to help develop forward-leaning skills such as creative problem-solving, critical thinking and social intelligence. We provide the foundation for our students to become business thought leaders with innovative skillsets.
This two-year, 20-course program will give you a head start in economics, statistics, science and English, as well as your choice of electives to round out your education.
This program allows you to acquire training in applied economics (including international trade and finance, behavioral, social and solidarity economics and the environment) or to complete a path in economics-finance (including portfolio management and analysis of financial markets).
Economics students begin their first year of studies with courses that provide a foundation in microeconomics and macroeconomics principles.
Completion of first-year requirements with no failures. Students must have an average of at least 70% with no mark less than 60% in 3.0 principal courses, including an average of 70% and no grades less than 60% in the following 2.0 courses.
As an economics major, you examine contemporary issues and topics from an economic perspective. You learn that economic principles and foundations are relevant at personal, community, national and global levels.
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