Bachelor of Arts in Economics

The Bachelor of Arts in Economics at the Memorial University of Newfoundland is a highly esteemed program that attracts students from diverse backgrounds, primarily due to its comprehensive curriculum and strong emphasis on scientific methodologies in economics. This program is structured to equip students with both fundamental and advanced knowledge of economic theories and practices that are essential in today’s globalized economy. The curriculum covers critical areas including microeconomics, macroeconomics, econometrics, and public policy analysis. With a well-rounded approach, students are prepared not only to grasp theoretical concepts but also to apply them in practical, real-world situations.

The course structure is designed to engage students through a mix of lectures, seminars, and hands-on projects that emphasize critical thinking and analytical skills. Students will explore various economic models and their applications through case studies and empirical research. Additionally, they will have the opportunity to engage in interdisciplinary studies, collaborating with other faculties such as the School of Business and the Faculty of Science. This unique integration prepares graduates for a variety of roles in both public and private sectors, making them versatile candidates in a competitive job market.

Faculty members in the program are not only experienced educators but also active researchers in their respective fields. Their expertise spans a wide range of topics, including international trade, labor economics, development economics, and financial markets. With a focus on interactive learning, faculty employ innovative teaching methodologies that incorporate technology and real-time data analysis, further enhancing the learning experience. Students are encouraged to participate in ongoing research projects, providing them with invaluable experience and the opportunity to contribute to the academic community.

At the Memorial University of Newfoundland, students benefit from an array of resources and opportunities that bolster their educational journey. The university has established partnerships with leading organizations and industries, facilitating internship opportunities that allow students to gain practical experience and professional connections. Internships and cooperative education placements are integral to the program, offering students a real-world context to apply their classroom knowledge. These experiences not only enhance the resume but also provide insights into various career pathways available to economics graduates.

Upon graduation, students can expect to enter a wide range of fields, including finance, education, government, and consulting. The program prepares graduates for roles such as economists, financial analysts, policy analysts, and market researchers. With a median base salary of approximately CAD 50,000, the program opens doors to numerous job opportunities that reflect the demand for economics professionals in the workforce. Alumni of the program have successfully transitioned into influential positions, underscoring the program's efficacy in fostering career readiness and professional growth.

The unique features of the Bachelor of Arts in Economics at the Memorial University of Newfoundland include small class sizes that promote personalized learning and mentorship, as well as a vibrant campus community that fosters collaboration and networking. With an international student diversity rate of 19%, the program encourages a rich exchange of perspectives and ideas, enhancing the overall educational experience.

• A globally recognized program with a strong reputation for academic excellence and rigorous training in economics.
• Access to a diverse range of courses covering various aspects of economics, allowing for specialization that aligns with career goals.
• Opportunities for hands-on learning through internships, research projects, and collaborations with local and international organizations.
• Experienced faculty members who are dedicated to student success and offer personalized attention to ensure comprehensive understanding of complex concepts.
• A supportive and inclusive campus environment that fosters a sense of belonging and encourages participation in extracurricular activities.

Admission to the Bachelor of Arts in Economics program requires a minimum of 60 credits, with at least 12 credits in economics and 12 credits in mathematics. Applicants must maintain a minimum grade of C in all courses to be eligible for enrollment. Conditional admission may be granted for those who do not fully meet these requirements but demonstrate a strong interest in economics. Prospective students should also possess a commitment to academic excellence and effective communication skills, both written and oral.

The program's entry requirements include a well-written Statement of Purpose, an Academic Letter of Recommendation, and a current resume. Additionally, international applicants must meet specific English language proficiency standards as demonstrated by tests such as TOEFL (minimum score 79), IELTS (minimum score 6.5), or PTE (minimum score 58).

The Memorial University of Newfoundland provides various scholarships to support students financially, such as the President's Scholarship, Dean's Scholarship, and Entrance Scholarship, awarded based on merit and financial need. This commitment to helping students succeed financially highlights the university's dedication to making quality education accessible.

The Bachelor of Arts in Economics at Memorial University of Newfoundland not only prepares students for immediate employment but also lays a strong foundation for advanced studies at the graduate level. Graduates are well-equipped to pursue further education in economics, business, law, or related fields, adding to their versatility and career prospects.