Economics is the social science that provides understanding, meaning and relevance of human action under conditions of scarcity. In other words, the study of economics enables a more effective use of scarce resources such as people’s time and talents, land, buildings, equipment, tools on hand, and the knowledge of how to combine them to create products and services to satisfy human wants. Economics is a value-free science. It never tells people how to act, it merely shows how they need to act to attain specific results.
This major would be well suited to those who are interested in policy work, economic aspects of international trade, economic forecasting and economic consulting.
As an economics major you can also choose a minor to enhance your knowledge in a secondary line of study. Many minors complement economics well such as accounting, family and small business management, fintech and financial innovation, marketing, math, supply chain and operations management, agricultural economics, ag enterprise management, environmental studies, indigenous governance, and international management. Learn more about our available minors.
Why take economics at the Dhillon School of Business?
By adding an economics major to your business education, you will learn key theories of economics and strengthen your quantitative skills while also acquiring foundational management and business concepts. Here you’ll explore the theoretical roots of business and acquire the important conceptual knowledge and skills to contribute effectively to an organization.
Many of our students also enrol in co-operative education while at the Dhillon School of Business. Co-op allows you to get paid work experience before you graduate and can even help you land a job immediately after graduation.
Employment stats for a career in economics*
Job postings in the last 12 months
- Canada: 2,789
- Alberta: 327
- Canada (0-5 years of experience): $78,100
- Canada (6+ years of experience): $104,700
- Alberta (0-5 years of experience): $86,300
- Alberta (6+ years of experience): N/A
Top employers hiring
- TD Bank
- TC Energy
- Suncor Energy
- Alberta Electric System Operator
* Employment data provided by Lightcast 2023.
The advantages of being a Dhillon School of Business student
You’ll have lots of opportunities to apply the theories you’ve learned in the classroom to real-life, hands-on situations as well as programs to help you connect with our student community. As a Dhillon student, you'll have access to these experiential programs and more:
Visit our Dhillon School of Business website to learn more about student experience opportunities.
Education that’s personal
Our students say they chose the Dhillon School of Business because of the smaller class sizes and more personal and supportive approach to teaching. Here you’ll get many opportunities to connect and interact with your professors and peers to set you up for success.
Flexible study options
Whether you’re a traditional student interested in our Lethbridge campus with full-time classes during the day or a working professional interested in the Calgary Campus’s evening and weekend classes, we have a flexible study option for you.
Internationally recognized for quality
As an AACSB accredited business school, the Dhillon School of Business have met very rigorous quality standards proven to provide you with the best in business education worldwide. You can trust that your education here will give you a distinct advantage in the real world including more competitive salaries, more employers interested in you after graduation and more. See all our professional accreditations and designations.