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ECONOMICS @Memorial

The Department of Economics at Memorial University is a leading organization in Atlantic Canada for impactful research, regional policy engagement and excellence in undergraduate and graduate learning.

Our slogan is Real World Skills. It reflects our commitment to training you with the skills needed to succeed in your career.

Read our alumni testimonials to hear from former undergraduate and graduate students about how their time in our department helped shape their personal and professional journeys.

 


 

Latest News

 

University Unions

June 1, 2026

Dr. Derek Messacar, Associate Professor, and co-authors Drs. Michael Baker (Toronto), Yosh Halberstam (FDIC), Kory Kroft (Toronto) and Alex Mas (UC Berkeley) published a new paper titled "The Impact of Unions on the Wage Distribution: Evidence from Higher Education."

The authors estimate the impact of unionization on salaries at Canadian universities using longitudinal administrative data. They find unionization compressed salaries, with wages at the bottom of the distribution increasing by roughly 10 percent, driven by the introduction of salary floors.

The study was published in the prestigious American Economic Review: Insights. The AER is the flagship journal of the American Economic Association and its insights series is a general-interest journal devoted to papers with important insights that can be conveyed succinctly.

The article is available here.

 

Congratulations, Graduates!

May 26, 2026

Congratulations to our Economics students and all Memorial University graduating students, and best wishes at Convocation this week!

This week marks the beginning of your next chapter as part of our Memorial University alumni community in Newfoundland and Labrador, across Canada, and beyond.

If you're on campus, stop by our alumni wall and read some of the stories featured in the hallway. You can also read them online here.

Today's graduates. Tomorrow's alumni wall.

Keep in touch and let us know where economics takes you.

 

Keep In Touch!

May 22, 2026

Keeping in touch is now easier!

Want to stay up-to-date on the latest news, events and accomplishments from the Department of Economics at Memorial University?

You can now:

  • Sign up to receive notifications when new editions of our newsletter are released.
  • Share your own news, achievements and milestones with us for possible inclusion in our newsletter, website and social media using our new submission form.

Whether you've started a new job, won an award, begun graduate studies or have exciting updates to share, we’d love to hear from you!

Newsletter & mailing list sign-up here.

Share your news and accomplishments here.

 

What Do Economists Do?

May 21, 2026

Why study economics? A degree in economics from Memorial University can open the door to far more careers than many students realize.

Management occupations are a very common destination. One quarter of graduates work as managers, chief executives and legislators, accountants and auditors, or personal financial advisors.

The broader picture is just as interesting. Economics graduates are also working as management analysts, financial and investment analysts, marketing managers, project specialists, software developers, computer systems analysts, and compliance officers, among many other professions.

These findings are based on U.S. data for mid-career workers whose highest degree is a bachelor’s degree in economics. Even so, the breadth of outcomes remains highly informative for students pursuing careers in Canada.

Why do our students choose economics? Check out our alumni testimonials page to find out what they have to say.

 

Congratulations, Evan

May 20, 2026

Congratulations to Evan Schaffer (BA Economics & BSc Concurrent) on being accepted into Calcul Québec's Quantum Computing Summer Program this year.

In the program, Evan will have access to the MonarQ 24-qubit quantum computer, in addition to CPU and GPU classical computing clusters. He will be researching the cybersecurity development applications of quantum-generated random numbers, and evaluating their advantages over traditional RNGs.

 

AI, Tariffs and Trade

May 20, 2026

Dr. Tony Fang, Professor & Stephen Jarislowsky Chair, presented recently at the Canadian Board of Marine Underwriters about how artificial intelligence and tariffs affect international and interprovincial trade in Atlantic Canada.

Founded in 1917, CBMU represents the goals and interest of the Marine Insurance Industry in Canada.

 

Changing Demographics

May 20, 2025

Dr. Tony Fang, Professor & Stephen Jarislowsky Chair, was interviewed recently by Jamie Fitzpatrick on CBC's The Signal about the changing demographics of Newfoundland and Labrador and what it means to the workforce. Dr. Fang joined co-panelists Tom Cooper (Memorial), Wanda Cuff Young (Work Global Canada), Sharon McLennon (NL Workforce Innovation Centre) and Alexandra Stefanovic-Chafe (NL Workforce Innovation Centre).

"We need to provide high-quality, high-wage meaningful employment."

Listen to the full interview here.

 

Telework and Productivity

May 20, 2026

Dr. Derek Messacar, Associate Professor, received research funding valued at $6,000 from Collaborative Applied Research in Economics for his work with René Morissette (Université du Québec à Chicoutimi) on telework and productivity in Canada.

The Collaborative Applied Research in Economics (CARE) initiative brings together applied research economists based in Newfoundland and Labrador, the Maritimes, and across Canada, with the goal of promoting applied economic research that enhances understanding of regional economies and their broader social impacts.

 

Smart Investment

May 12, 2026

Times Higher Education ranks Memorial University among the country’s top 15 universities for business and economics, and second in Atlantic Canada.

A bachelor's degree in economics has the highest expected labour market earnings among fields of study in the arts, humanities and social sciences—and in the top 25% overall.

The joint degrees of Bachelor of Commerce (Co-operative) and Bachelor of Arts in Economics is an innovative, rewarding program that allows students to complete two degrees at the same time while also gaining valuable work experience. Learn more about this program as well as courses offered by the Department of Economics of interest to business students here.

Read the full story in The Gazette here.

 

Departmental Retreat

May 12, 2026

After navigating another academic year together, faculty and staff of the Department of Economics recently took time to reflect, reconnect and chart our course for the year ahead.

Sunny skies and the ocean view spurred on big thinking and real collaboration. We're sailing forward with a renewed sense of purpose for our team and for every student we serve!

 

Issues & Answers About the Provincial Budget

May 10, 2026

Dr. Lynn Gambin, Associate Professor and Head, was interviewed with NTV's Michael Connors for a new episode of Issues & Answers.

The topic of discussion is the provincial budget.

The interview will air on NTV today, Sunday May 10th at 12:30pm NDT.

NTV's Issues & Answers can be viewed online here.

 

In Review Winter 2026 Newsletter

May 10, 2026

Check out the latest issue of our In Review newsletter!

Our In Review newsletter was launched in 2024. In each issue, we take a look back at the recent accomplishments of our faculty, instructors, students and alumni from the past few months.

Our newsletter showcases the remarkable contributions to academic research, policy engagement, student development and alumni success that epitomize the Department of Economics as a place to learn and grow.

 


 

Keep In Touch!