POLICY. DECISION. ANALYSIS.
Welcome to the Department of Economics
Economics is a behavioural science that studies the conditions under which individuals provide the best possible satisfaction of their needs.
Everybody thinks of and deals with economics whether they are aware of it or not. It concerns everybody and everything, transcending time and space, and is at the core of our civilization and human existence. It is a means of looking at all human interaction, regardless of culture, race or gender. As an economics student, you will gain a deep understanding of the decision-making process at the individual, firm or government level. You will learn how unhampered market processes lead to efficient production of goods and services, and the effects of interfering with these processes. An education in economics prepares you for a wide variety of jobs and serves as an excellent foundation from which to pursue law school or other advanced degree work. Employment possibilities range from policy-oriented work with private firms, foundations or trade associations to technically-oriented work with public sector agencies or private firms.
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Department Highlights
Seminar Series #1 Guest Speaker "No Instruments? No Worries: IV-Free Approaches to Regression Models with Endogenous Regressors"
Dr. Kien Tran is currently a Professor in the Department of Economics and a Research Affiliate at the Center for Econometrics and Business Analytics (CEBA), St. Petersburg State University, St. Petersberg, Russia. Kien's current research mainly focuses on Nonparametric/Semiparametric Mixture Models and IV free approach to endogeneity problems in regression models, spatial autoregressive (SAR) models, as well as in the Parametric/Nonparametric Panel Stochastic Frontier Framework, with the majority of applications in the Banking and Finance sectors, and Agriculture.
On a lighter note, Kien describes himself as "just a simple guy living a simple life, and fortunate enough to be given the opportunity to do the things that I love (and love the things that I do) and to learn from others every day (my children, students, colleagues, and good friends around the world). What else could I ask for?"
Dr. Kien Tran's talk will take place on
Friday, November 21, 2025
2:00 pm
Room B660 University Hall
There is no cost to attend.
All are welcome.
How one ULethbridge alumnus' painful past sparked a new business and brighter future
Economics Scholarships & Awards
Specific economics scholarships and awards include:
Arthur J.E. Child Award in Economics: one award of $10,000 or two awards of $5,000 for continuing economics majors. Students must apply by May 1 through the Scholarships and Student Finance Office.
Trevor J.O. Dick Economic Memorial Scholarship: one award of $500 to a graduating economics major who has been accepted to a graduate program in economics. Winner is nominated by the Department of Economics.
Shining Student David Forestell
Balancing his roles as a husband and father, and driven by a passion for learning and a commitment to making the world a better place, David Forestell has found inspiration in the classroom and beyond.
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Dr. Pascal Ghazalian, Associate Professor and Chair of the Department of Economics
Dr. Pascal Ghazalian has been with ULethbridge for 16 years after completing his post-secondary education at institutions around the world.
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Shining Student Layton VandeStroet
Layton VandeStroet's academic journey at the University of Lethbridge has been marked by impactful experiential learning, engaging in independent studies on topics ranging from toxic alkaloids in grain feed to E. coli …
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