Welcome to our website and to your exciting career in economics. If you have, or develop, a passion for economics, you are going to love your journey through the discipline. It will be exciting to see yourself acquire new skills that will enable you to better understand current affairs and to make meaningful contributions to important, real-world issues.
Economics, the scientific study of how societies use scarce resources to produce and distribute commodities, is a versatile and flexible discipline. The department has a strong focus on teaching and applied research. Students graduate with problem-solving skills needed to analyze how individuals (microeconomics) and governments (macroeconomics) can efficiently achieve their objectives, given their constraints.
You may ask: why should I study economics? Well, it’s fun, it’s interesting and it’s enlightening. It will provide you with marketable skills that should enhance your employability. By way of illustration, Statistics Canada recently released Frenette and Frank (2016) which showed that age-adjusted, mean earnings for individuals who were 25 to 54 year old and possessed economics undergraduate or graduate degrees were above the average of all university disciplines within Canada. In particular, for both genders, economics graduates were within the top 20 to 25% of the highest earnings disciplines within Canada.
My name is Amy Oakley and I am a second year Economics and Statistics student in the Co-operative Education program at Memorial University of Newfoundland. I was born and raised in St. John's, Newfoundland. In 2004, I pursued my first degree from MUN which was a Bachelor of Arts in English and psychology. Upon graduation I took a gamble; I rented a warehouse by the airport, purchased a full sprung gymnastics floor and mats, and began Newfoundland's first All Star Cheerleading gym. My involvement in coaching cheerleading has taught me the value of teamwork and cooperation. While trying to generate successful teams that both worked well together and won at competitions, I quickly realized these goals were the same. Once my teams established strong relationships it was easy to implement effective practices and winning was often the result.