Economics is a social science that examines consumption, production, and allocation of resources. The discipline is composed of two main branches: microeconomics and macroeconomics. Microeconomics examines decision making by individual units such as consumers and firms, while macroeconomics examines decision making by aggregate units such as all consumers and all firms.
The Economics department offers first-year courses on the principles of microeconomics and macroeconomics. At the first-year level we also teach courses to support the Journalism program and the Applied Urban and Rural Planning program..
Our second-year courses are meant to appeal to two different groups of students. For students intending to continue onto a degree in economics, we offer courses in Money & Banking, Strategic Thinking, Environmental Economics and Labour Economics. For business students we offer Managerial Economics and the Economics of Capital Assets & Project Evaluation.