Economics
101
Economics is the study of how people choose to use resources. Resources include the
time and talent people have available, land, buildings, equipment, tools on hand, and
the knowledge of how to combine them to create useful products and services. It also
deals with the production, distribution, and consumption of goods and services, or
human welfare. It focuses on how societies operate, how natural resources are used,
and how wealth is produced and divided.
Skills Used
Logical Analysis Communication Skills
Thinking Critically
Problem Solving
Numeracy
Possible Career Pathways
Banking/Finance
Government
- Financial Repo rter
- Claims Examiner
- Litigatio n Analyst
- So cial Security Administrato r
- Industrial Transpo rtatio n Specialist
- Fo reign Trade Analyst
- Labo r Eco no mist
- Transpo rtatio n Specialist
- Statistician
- Go vernment Administrato r
- Chamber o f Co mmerce Member
- Co nsultant/Analyst
- Bank Officer
- Tax Audito r
- Securities Analyst
- Lawyer
- Bo nd Trader
- Research Assistant
- Lo an Co unsello r
- Demo grapher
- Securities Sales, Research, Operatio ns
- Public Administrato r
Business
Education
- Audito r
- Pro fesso r
- Retail Sales Manager
- Technical Writer
- Co mpensatio n/Benefits
- Jo urnalist
Administrato r
- Co lumnist
- Wage and Salary Administrato r
- Teacher
- Industrial Eco no mist
- Writer
- Po pulatio ns Studies Researcher - Higher Educatio n Administrato r
- Custo mer Pro fit Analyst
- Educatio nal Televisio n Adviso r
- Internatio nal Trade Specialist
- Info rmatio n Analyst
- Co st Determinatio ns
Eco no mist
- Co st/Pricing Analyst
Competencies Developed
What is Competence?
What is the value?
Make it work for you
'Competence' is the ability to
do something well.
'Competencies' refer to the
skills, qualifications, knowledge
sets, and behaviours that result
from education and experiential
learning.
According to a recent study
(Rodney, 2011), the top five skills
employers seek:
1. strong communication
2. teamwork and collaboration
3. continuous learning
4. innovation and creativity
5. leadership
The competencies you develop
through your studies, in addition
to the numerous attributes,
knowledge, and behaviours you
acquire throughout life, work,
and volunteer experiences, make
you a unique and worthwhile
candidate to employers.
Knowledge and understanding of broad economic theories
Ability to apply economic theories to various problems
Ability to identify and analyze multiple dimensions of a problem
Ability to make logical, ethically sound, and moral judgements
Good decision making and problem solving skills
Ability to gather, interpret, and synthesize large amounts of data
Ability to work under pressure and meet deadlines
Knowledge of and ability to use various statistical procedures
Strong mathematical and computational skills
Ability to develop hypotheses and make sound predictions
Strong written and oral communication skills
Ability to formulate and convey clear and persuasive messages
Saint Mary's University
Economics Department
Related Volunteer Organizations
SMU Investment Banking and Capital Markets Society
SMU International Development Studies (IDS) Society
SMU Commerce Society
SMU Political Science Society
SMU Accounting Society
Atlantic Association of Applied Economists (AAAE)
Helpful Links
Why Study Economics (University of Regina)
http://www.economics.ualberta.ca/
Canadian Economics Association
http://economics.ca/
CPG Connect
www.cpgconnect.ca
American Economic Association
www.aeaweb.org
The Economics Degree
www.swcollege.com/bef/career_resources_degree.html
National Association for Business Economics
www.nabe.com/
The Economist (British magazine)
www.economist.com
Career Owl – Job Listings in Canada
http://www.careerowl.ca/
Job Futures
https://www.jobfutures.com.au/
Canadian Labour Market Information
www.labourmarketinformation.ca
Work Infonet
www.workinfonet.ca