Economics

The Bachelor of Arts in Economics at Canadian Mennonite University offers students a comprehensive understanding of the fundamental principles that underpin economies around the world. This program is designed to equip students with critical analytical skills, quantitative reasoning abilities, and a deep understanding of economic theories and policies that influence both local and global markets. Students will explore a broad range of topics, including microeconomics, macroeconomics, economic development, and international trade, all within a framework that encourages ethical reflection and social responsibility. The program emphasizes both theoretical knowledge and practical application, preparing graduates for various careers in business, government, non-profit organizations, and further academic pursuits. Through coursework, experiential learning opportunities, and customization options, students are encouraged to develop their own economic insights and to apply them in real-world contexts. The curriculum also incorporates interdisciplinary approaches, integrating insights from politics, sociology, and environmental studies to provide a holistic understanding of economic issues. By fostering critical thinking, quantitative analysis, and ethical reasoning, the program aims to produce graduates who are not only well-versed in economic theories but also committed to applying their knowledge to promote sustainable and equitable economic development. The program typically includes opportunities for internships, research projects, and community engagement, enabling students to gain practical experience and build professional networks. Graduates of the Economics program at Canadian Mennonite University are prepared to pursue advanced studies or to enter diverse fields such as economics consulting, policy analysis, financial services, and international development. With a focus on ethical practice and social justice, the program encourages students to examine economic challenges through a values-based lens, fostering a sense of responsibility and advocacy in their professional careers.

Program Overview:

The Economics program at Canadian Mennonite University offers students a comprehensive understanding of economic principles, theories, and their applications in real-world scenarios. Designed to equip students with critical thinking, analytical skills, and a solid foundation in economic concepts, this program prepares graduates for diverse careers in business, government, non-profit organizations, and academia. The curriculum emphasizes both microeconomics and macroeconomics, ensuring students gain a balanced perspective on individual markets and the broader economy. Core courses include introduction to economics, principles of microeconomics, principles of macroeconomics, economic theory, and quantitative methods for economics. Throughout the program, students explore topics such as economic development, international trade, fiscal and monetary policy, and ethical issues in economics, fostering a well-rounded understanding of the discipline. The program also incorporates coursework in statistics, research methods, and data analysis, enabling students to interpret economic data accurately and make informed decisions. Students have opportunities to engage in research projects, internships, and community-based projects that enhance practical skills and real-world experience. The program values ethical considerations and social responsibility, encouraging students to analyze economic issues through a lens of social justice and sustainability. With dedicated faculty members who are experts in their fields, students receive personalized mentorship and guidance throughout their studies. Graduates of this program are well-prepared to pursue further education in economics or related fields, or to enter the workforce in roles such as economic analyst, policy advisor, financial consultant, or researcher. The program’s interdisciplinary approach, combined with a commitment to Mennonite values of service and community, ensures that students not only develop professional competence but also a sense of ethical responsibility and community engagement. The Economics program at Canadian Mennonite University is committed to fostering a learning environment that promotes critical inquiry, lifelong learning, and positive societal impact.

The Bachelor of Arts in Economics at Canadian Mennonite University requires students to complete a comprehensive set of courses designed to provide a solid foundation in economic theory and its applications. The program emphasizes critical thinking, quantitative analysis, and ethical considerations in economic decision-making. Students begin with introductory courses such as Principles of Economics, covering both microeconomic and macroeconomic perspectives. These foundational courses ensure students understand the basic concepts of supply and demand, market structures, fiscal and monetary policies, and economic growth.

Following the introductory courses, students are encouraged to take intermediate-level classes such as Economic Theory, with particular attention to microeconomic and macroeconomic models. Quantitative skills are essential, so courses in Statistics and Mathematics for Economics are integral parts of the curriculum, equipping students with data analysis and mathematical modeling tools. In addition to core courses, students choose electives that suit their interests, which may include topics like International Economics, Development Economics, Public Policy, or Environmental Economics.

The program also stipulates the completion of a research methods course that teaches students how to conduct independent economic research, including data collection and analysis, and how to present their findings effectively. Ethical considerations and social justice issues are woven throughout the curriculum, reflecting the university's Mennonite values.

To graduate, students must complete a capstone project or a senior seminar that consolidates their learning, demonstrating their ability to analyze complex economic issues critically. The program typically requires four years of full-time study, with opportunities for internships or cooperative education placements to gain practical experience.

Overall, the Economics program at Canadian Mennonite University aims to develop students’ analytical abilities, moral reasoning, and understanding of economic systems in a global context. The curriculum balances theoretical understanding with practical application, preparing graduates for careers in business, government, non-profit organizations, or further academic study.

The Financial aspects of the Economics program at Canadian Mennonite University are designed to make higher education accessible and affordable for students. Tuition fees are structured to reflect the costs associated with delivering quality education, including instruction, resources, and student services. Undergraduate tuition for full-time students typically ranges around CAD $8,500 to $12,000 per academic year, depending on the courses and credits taken. Additional fees such as registration, student activity fees, technology fees, and laboratory fees may apply, contributing to the overall cost of the program. International students may have higher international tuition rates, approximately double the domestic tuition fees, to account for additional costs and university policies.

The university offers various scholarship and bursary opportunities to support students financially. Entrance scholarships are available based on academic performance, leadership qualities, and community involvement. Additionally, CMU provides financial need-based bursaries, which are awarded after application review, to assist students facing financial hardships. Merit-based scholarships may range from CAD $1,000 to $5,000 and are renewable annually, contingent on academic standing.

Students are encouraged to explore external sources of financial aid, including government financial assistance programs such as Canada Student Grants and Loans, as well as private scholarships from community organizations and foundations. CMU's Financial Aid Office provides comprehensive guidance and resources to help students understand their options and apply for support effectively.

Payment plans are available to distribute tuition payments across the academic year, reducing financial burden. The university’s approach emphasizes transparency, affordability, and student support, ensuring that qualified individuals can pursue their economic education without undue financial strain. Overall, the investment in an Economics degree at Canadian Mennonite University is complemented by a range of financial support options, fostering an inclusive academic environment for students from diverse backgrounds.

The Economics program at Canadian Mennonite University (CMU) offers students a comprehensive foundation in economic theory, analysis, and application, preparing graduates for careers in various sectors including finance, public policy, development, and research. The program emphasizes critical thinking, ethical considerations, and social responsibility, reflecting CMU’s Mennonite values. Students engage with core economic concepts such as microeconomics, macroeconomics, econometrics, and international trade, alongside courses that explore the social implications of economic decisions.

Throughout the program, students have opportunities for practical experience, including internships and community engagement projects, which help them apply theoretical knowledge to real-world situations. The curriculum is designed to foster analytical skills, quantitative reasoning, and effective communication, ensuring graduates are well-equipped to analyze economic issues and propose sustainable solutions.

Academic advising and support services are available to guide students through their studies and career planning. The program also encourages interdisciplinary learning, allowing students to combine economics with fields like sustainability, social justice, and business administration. Graduates from the Economics program at CMU have pursued careers in government agencies, non-profit organizations, private enterprises, and international development agencies, reflecting the broad applicability of their education.

CMU’s small class sizes and close faculty-student relationships create an environment conducive to personalized mentorship and collaborative learning. The university’s commitment to social justice and community service is integrated into the program’s ethos, encouraging students to consider the societal impacts of economic policies. Overall, the Economics program aims to develop competent, ethically responsible, and socially conscious economic professionals ready to contribute to a more equitable and sustainable society.