Economics

The Economics Stream

Adam Smith, widely viewed as the "father of economics" believed that self interest was good and that it led to the maximum prosperity for a nation.  Quite a provocative view then and now!

Everything of value is scarce and the economics is the science that deals with scarcity.  Economics is an indispensable tool for managers in the making of intelligent decisions.  In fact, economic principles permeate every aspect of our lives from small decisions dealing with our time and our spending to national decisions on military spending and health care.  The applications are infinite!

"The study of economics provides a useful foundation to help make intelligent business decisions.  Knowledge about the economy has helped my understanding of other business functions" Derek Stacy

Occupations:

Students of economics have gone on to careers in some of the following areas: Management; Investment advisor/counselor; Stock broker; Real estate; Consultant; Marketing research; Banking; Teacher; Public policy, International finance; Entrepreneur; Economic statistician.

Further Education:

Students completing the BBA degree with a stream in economics may be interested in pursuing further degrees.  A common path is for students to do a "qualifying" year at the university with a grad program prior to entering the Master's program.  many larger universities in Canada have this arrangement including Queen's, Western, Guelph, York and McMaster.

For more information about the Economics Stream, please contact Natalya Brown at natalyab@nipissingu.ca