Academic Departments and Programs

Economics - Analyze Trade-offs

What is Economics?

Economics analyzes how societies provide for their well-being, and examines the choices and tradeoffs that are made in the face of limited resources. You’ll study the competition and cooperation that arises among individuals, private organizations, and governments in the process of allocating scarce resources for a variety of different uses. Economics also offers insight into politics, law, history, environment, and development.

One may obtain the Economics Major through the 3-Year BA, the 4-Year BA or the BA Honours degree program. Some of the courses we offer are recommended for interdisciplinary programs, and it is common for other departments in the University to require or recommend certain Economics courses. The BA in Economics is highly recommended for students planning to go into law, accounting, or business studies.

Make an impact

Economists are at the heart of an organization or region’s development, ensuring that growth is achieved in a responsible manner. As a business economist, you’ll be called on to analyze market trends and help navigate financial issues within your company. Government economists are responsible for presenting data to help politicians make critical decisions on issues such as taxes or housing. Economists’ value isn’t just measured in dollars and cents — many dedicate their lives to improving living conditions for people in low-income areas, or leading sustainable development to protect the environment.

Career opportunities

  • Business
  • Government
  • Banking
  • International development
  • Law
  • Accounting

Our MA Program

The Department of Economics offers a one-year Masters of Arts degree in Environmental, Resource and Development Economics (ERDE). Launched in September 2012, this innovative program combines the advanced study of modern economics with in-depth training in the fields of environment, resources and development economics. For details, visit the ERDE page.

Economics & Finance

The Economics & Finance Program will provide students with the conceptual tools to understand a number of issues from modern finance theory and applications.

This innovative program is available either as a Bachelor of Arts (4 year) or a Bachelor of Business Administration (4 year) depending on the interests of the students.

Would you like to learn more about the Bachelor of Arts or Bachelor of Business Administration in Economics & Finance Program at The University of Winnipeg? Visit the Economics and Finance program page.

Spotlight On: Economics


L to R: Professor Xiao-Yuan Dong, Student Chukwudi Ezeani, Alumnus Trevor Shaw

Economics analyzes how societies provide for their well-being, and the choices that must be made to do so. It studies the competition and cooperation that arises among individuals, private organizations, and governments in the process of allocating scarce resources for a variety of different uses. 

Studies lead to a Bachelor of Arts (3-Year, 4-Year, or Honours) with a major in economics, as well as a Master of Arts in Environmental, Resource and Development Economics (ERDE).  An economics and finance program is also available as either a Bachelor of Arts (4-year) or a Bachelor of Business Administration (4-year).

A BA in economics can lead to employment in business, financial services, government, and international organizations. Graduate level studies can lead to university teaching positions, independent consultancies, and research.

Professor: Xiao-Yuan Dong

Xiao-Yuan Dong is an economics professor at UWinnipeg, and an adjunct professor at Peking University in China. She researches China’s economic transition and development, with an emphasis on labor and gender issues.

Dong’s recent work, in collaboration with Peking University and the International Development Research Center of Canada, documents the impact of caregiving on Chinese women’s employment, earnings, mental health, and pension incomes. The study found that Chinese women work significantly longer hours than men and face limited employment opportunities due to caregiving responsibilities.

“While economic growth is of critical importance for a developing country, the growth will not be sustainable if its benefits are not widely shared,” says Dong.

Student: Chukwudi Ezeani

Chukwudi Ezeani is pursuing a Master of Arts in Environmental, Resource and Development Economics (ERDE). A native of Nigeria, he moved to Canada in 2016 after earning his bachelor’s degree in economics from the University of Nigeria.

Witnessing Africa’s economic state firsthand inspired Ezeani to pursue economics as a means to effect positive change in the world. Despite much of the continent being underdeveloped, Ezeani sees potential for Africa to be a leader in sustainable growth.

“If African nations can tap into the insights of others, they have an opportunity to chart a course towards industrializing in a cleaner way using solar, hydro, and wind energy.” 

Ezeani plans to obtain a PhD in economics, and eventually work on policy with the Canadian government. His long-term goal is to return to Africa.

Alumnus: Trevor Shaw

As a fiscal manager for the Parliamentary Budget Officer in Ottawa, Trevor Shaw is responsible for providing non-partisan projections and advice on the Canadian economy and federal government finances.

“Knowing that parliamentarians reference my work in very tense policy discussions helps keep me focused,” he says.

Shaw’s work also informs Canadians on economic issues. “Ultimately, economic data needs to resonate with ordinary people. I enjoy taking complex questions with uncertain answers and boiling them down to key things the public should be aware of — trends in the economy, or financial issues the government may be facing.”

Shaw credits the instruction in UWinnipeg’s economics program with helping to prepare him for his master’s studies and guiding his passions towards a dream career.