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.



Our Alumni, Who They are and What They are Doing, Bill Mullaly

Growing up in the center city of St. John's, I received my early schooling at St. Bonaventure's College and later Brother Rice High School. Upon graduation from high school, at the urging of my parents, I would head "down over the hill" to attend Memorial University of Newfoundland (MUN). I would graduate in the 1988 convocation with a Bachelor of Arts degree in Economics. My parent's advice to me was that the road in life would be smoother if I received a good education from Memorial. It was great advice. For nearly 30 years, I have been engaged in strategic economic and policy analysis associated with major resource projects in Atlantic Canada in positions with both the public and private sectors.

[Read More...]

Student in The Spotlight, June 2017

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.

[Read More...]