Honours BA in Economics - Mississauga in Mississauga Canada | University of Toronto

Economics is a social science that studies specific aspects of human behavior and significantly impacts a society's structure, prosperity, and growth.
A substantial portion of human effort focuses on fulfilling material needs. Across much of the world, people must dedicate most of their energy to securing fundamental necessities like food, clothing, and housing. Even in technologically advanced nations where meeting these basic needs is relatively straightforward, the pursuit of additional goods and services seems endless. As a result, all societies - whether capitalist, socialist, or communist - exhibit both competitive and cooperative traits. Competition arises as individuals vie for limited resources to fulfill personal desires, while cooperation emerges because organized production yields the greatest abundance of goods. Economics examines the tensions between unlimited wants for products and services and the finite resources available to meet them.
An undergraduate Economics education aims to introduce students to economic reasoning and prepare them to critically evaluate current economic challenges. It also seeks to help students understand economic science's nature and the evolving directions of economic theory. Modern economic research increasingly incorporates mathematical methods, so Economics majors should complete at least one foundational mathematics course. Additional math courses are recommended, as many Economics classes utilize mathematical analysis.
Given developments in economic theory, a bachelor's degree alone doesn't qualify someone as a professional economist. Graduate studies may therefore be necessary. Students considering advanced degrees should consult the department for guidance on course selection.