Program Description Economics is a social science dedicated to the study of decision-making under scarcity, and the factors that influence wealth. Economics involves financial topics and broader historical, sociological and cultural topics ranging from the individual (microeconomics) to governments, industries and central banking (macroeconomics). This extensive and multidisciplinary study of the economy is what sets it apart from other seemingly similar topics such as Business or Finance.
As an Economics student you will gain insight into the long-term effects of policy on communities by studying:
Resource Allocation Current Policy Debates Statistics Economic Theory Incentives Econometrics Resource Allocation Decision-Making You will also gain a marketable edge through field and specialty courses focused on labour, natural resources and industrial organization The natural ebb and flow of the economy means that Economics is a changing and dynamic field Our continually updated course content reflects new theories, information and current events impacting the Economics field. Mathematics is a large component of many of our Economics courses; therefore, our recommendation is that you have some knowledge and skill in the area.
NOTE: Almost all Lakehead University programs are designed with courses that require successful completion of a a Fall session prerequisite course. As a result, students who choose to begin their academic studies in the Winter session will find the course selection extremely limited and will be restricted to attending on a part-time basis until the following Fall academic session. Most study permits require that the applicant is a full-time student. Because of this, It is recommended that students apply for a September start.
