Economics

Economics affects every aspect of life пПР your job, your education, how you spend money, whether you drive to university or take the bus.Economics also helps to explain larger forces that affect Canada and the world пПР the price of gas, our health care system, international business, housing prices and global income inequalities.Economics is about choice; about making decisions given the constraints imposed by income, costs, and time; about how societies can use scarce resources to satisfy their needs.Studying economics is for students who are analytical, interested in thinking about the world and social issues, and for students who are reasonably competent in mathematics, including calculus and matrix algebra. By providing students with a way of analyzing and solving problems, economics combines well with many disciplines in the social sciences, humanities, engineering, business, psychology, medicine, and mathematics, among others.

Field of study: Economics, General