Economics

Economics is the social science which explores human activity directed towards the satisfaction of human wants in the context of the limited resources available in the world. It studies the issues related to the mixture of competition and co-operation among individuals, private organizations and governments in satisfying these wants.The undergraduate study of Economics is directed towards the goal of a liberal arts education. Students study the historical, institutional, and theoretical background of modern economics from a Canadian perspective. This provides an analytical framework for making more informed judgements about current economic policies. A B.A. degree in Economics will lead naturally to employment in business, financial services, government, and international organizations. Graduate level studies lead to university teaching positions, independent consultancies, and research. The B.A. in Economics is highly recommended for students planning to go into law, accounting, or business schools.

Field of study: Economics, General

The Bachelor of Arts in Economics at the University of Winnipeg provides students with a comprehensive understanding of the fundamental principles and analytical tools used to study the economy. This program explores a wide range of topics, including microeconomics, which examines individual decision-making and the functioning of markets, and macroeconomics, which analyzes overall economic performance, national income, inflation, and unemployment. Students will analyze economic data, develop critical thinking skills, and apply quantitative methods to interpret economic phenomena. The program emphasizes both theoretical frameworks and real-world applications, preparing graduates for diverse careers in government, business, finance, and non-profit organizations. In addition to core economics courses, students can choose to specialize in areas such as international economics, development economics, or public policy, tailoring their education to their interests and career goals. The curriculum integrates research methods, economic modeling, and ethical considerations, fostering a well-rounded understanding of economic issues affecting society today. Throughout the program, students engage in case studies, projects, and internships that enhance practical skills and provide valuable professional experience. The University of Winnipeg's faculty comprises experienced economists and researchers committed to mentoring students and promoting academic excellence. Upon graduation, students will be equipped with strong analytical capabilities, a solid foundational knowledge of economic theories, and the ability to critically evaluate economic policies and trends. This program aims to produce graduates who are proficient thinkers, effective communicators, and responsible citizens capable of contributing to economic development and policy-making at local, national, and global levels.

The University of Winnipeg offers a Bachelor of Arts (BA) degree with a major in Economics. To complete this program, students are required to fulfill a set of core and elective course requirements designed to provide a comprehensive understanding of economic theories, principles, and applications. Typically, students must complete a minimum of 40 credit hours in total, including foundational courses in microeconomics and macroeconomics. The core courses cover topics such as Principles of Microeconomics, Principles of Macroeconomics, Intermediate Microeconomics, Intermediate Macroeconomics, and Principles of Econometrics. These courses establish a solid theoretical foundation and analytical skills necessary for understanding economic issues.

In addition to the core courses, students are encouraged to select electives from a range of specialized subjects, such as International Economics, Development Economics, Public Finance, and Environmental Economics. Electives allow students to tailor their studies according to their interests and career goals. Usually, at least 6 credit hours must be completed at a 3000 or higher level in Economics courses to demonstrate advanced understanding and critical analysis capabilities.

The program also includes a capstone or senior seminar in Economics, which involves an in-depth project or research paper that synthesizes knowledge gained throughout the coursework. Many students participate in internships or cooperative education placements to gain practical experience in economic analysis or policy work, although these are optional components. Students must also meet university-wide graduation requirements, including a minimum GPA, general education courses, and language proficiency standards if applicable.

Additional academic advising and program planning are recommended to ensure students meet all requirements within their designated timeframe. The program aims to prepare graduates for careers in government, business, non-profit organizations, or further academic pursuits in economics or related fields. Overall, University of Winnipeg’s Economics program emphasizes analytical skills, quantitative methods, and real-world application to equip students with a well-rounded economic education.

Want to improve your English level for admission?

Prepare for the program requirements with English Online by the British Council.

• ✔️ Flexible study schedule
• ✔️ Experienced teachers
• ✔️ Certificate upon completion

📘 Recommended for students with an IELTS level of 6.0 or below.

Enroll in the course

The University of Winnipeg offers various financial support options for students enrolled in its Economics undergraduate programs. Undergraduate students can apply for government-funded scholarships, bursaries, and financial aid, including the Manitoba Student Aid program, which provides need-based assistance to eligible students. Additionally, the university offers internal scholarships specific to economics majors, recognizing academic excellence and commitment to the field. Students are encouraged to explore these opportunities through the university’s scholarship portal, where funding criteria, application procedures, and deadlines are clearly outlined.

Part-time work opportunities are also available to enrolled students, enabling them to earn supplementary income while studying. The University of Winnipeg's Career Services collaborates with local employers and organizations to facilitate on-campus employment opportunities that are flexible around academic schedules. Furthermore, the university's cooperative education (co-op) programs, where available within the economics discipline, provide paid work placements that combine academic coursework with relevant professional experience, which can significantly offset education costs.

International students admitted to Economics programs have access to specific scholarships and bursaries designed for international learners and may be eligible for study permits that allow for off-campus employment. Students are advised to contact the university’s Student Services and Financial Aid Office for personalized guidance on the best funding options suited to their circumstances.

In addition to external and internal funding sources, students are encouraged to explore private scholarships and sponsorship programs offered by various organizations, foundations, and community groups. Loan options, including federal and provincial student loans, are also available for eligible students and are administered through government agencies, with repayment starting after graduation or when the student’s enrollment status changes.

The university regularly holds information sessions and workshops on financing education, helping students understand their options and develop a sustainable financial plan. Some programs may also offer specific tuition waivers or reduced fees for students demonstrating exceptional academic performance or financial need. Overall, the university strives to provide comprehensive financial support to ensure that students pursuing Economics degrees can focus on their studies without undue financial burden.

The University of Winnipeg offers a comprehensive Bachelor of Arts (Honours) in Economics designed to provide students with a solid foundation in economic theory, quantitative analysis, and their real-world applications. The program aims to equip students with critical thinking, analytical skills, and a thorough understanding of both microeconomic and macroeconomic principles. Throughout their studies, students explore core topics such as market behavior, economic policy, international trade, and financial systems, preparing them for careers in government, business, finance, or further academic pursuits.

The curriculum combines rigorous coursework with opportunities for research and practical experience. Students are encouraged to develop strong quantitative skills through mathematics and statistics courses, which are essential for economic modeling and data analysis. Electives may include specialized areas such as environmental economics, development economics, or public policy, allowing students to tailor their education according to their interests and career goals.

The program also emphasizes critical analysis of economic issues in contemporary society and fosters an understanding of global economic dynamics. Students can take advantage of experiential learning opportunities, including internships, co-op placements, and undergraduate research projects, to gain practical experience and enhance their employability after graduation.

Faculty members are active researchers and dedicated mentors, offering personalized guidance and support. The program’s structure allows for a flexible academic schedule, accommodating students with diverse backgrounds and commitments. Graduates of the Honours Economics program are well-prepared for graduate studies, professional careers in economics and finance, or roles in policy analysis and consulting. Overall, the program combines theoretical knowledge with practical skills, ensuring graduates are ready to contribute effectively in various economic and related fields.