Economics is a versatile field that deals with the analysis and management of production, distribution and consumption of goods and services. Economics gives us the analytical tools to understand questions such as how prices are determined, why some people are unemployed, why interest rates rise and fall, and why product is traded between nations.
Economics at Memorial
Memorial offers major, minor and honours programs leading to either a bachelor of arts (BA) or bachelor of science (B.Sc.) in economics.
We also offer applied economics courses in a wide variety of areas, including fishery, petroleum and mining, forestry, environmental, development, international, monetary, public sector, welfare, labour and health economics.
Students who study economics at Memorial can choose to complete the major as part of a bachelor of arts or bachelor of science degree and may choose to complete the Economics Co-operative Education Option (ECEO).
Admission to the major for BA students
You may apply for admission into the Faculty of Humanities and Social Sciences by indicating bachelor of arts as your program choice on the undergraduate application for admission. Direct entry into the faculty is subject to your meeting the general admission requirements for Memorial University.
Admission to the major for B.Sc. students
If you're interested in completing economics as a science major, apply for admission into the Faculty of Science by indicating bachelor of science as your program choice on the undergraduate application for admission. Direct entry into the Faculty of Science from high school is subject to meeting the general admission requirements for Memorial University.
To declare the economics major, you must complete 30 credit hours (10 courses), including the following:
- six credit hours in critical reading and writing (CRW) courses, including at least three credit hours in English
- six credit hours in mathematics
- six credit hours in economics
- six credit hours in a second science subject, other than mathematics and economics
Sample first year
Wondering what courses you would take in your first year? Check out a sample program of suggested courses for economics students.
Sample courses and degree map
Economics degree map for BA students
Degree maps are navigational tools, designed to help you make the right choices throughout your bachelor of arts degree. They cover information pertaining to your studies, provide study tips, career guidance, suggestions for involvement, advice on go abroad activities and on your well being.
Our graduates have gone on to careers in:
- finance and banking
- private consulting
- real estate
- insurance and actuarial work
- social enterprises
- private sector (oil and gas, utilities and mining)
- non-governmental organizations
- providing economic research and economic analysis for governments at the federal, provincial and municipal levels
Note: some of these careers may call for supplementary education or preparation in the form of graduate studies, experiential learning or professional courses and exams.
Faculty of Humanities and Social Sciences
Bachelor of Arts or Bachelor of Science
Fall, winter and spring semesters
Applications are considered on a rolling basis. Students are encouraged to apply by:
- March 1 for fall admission
- Oct. 1 for winter admission
- Feb. 1 for spring admission