|Description:||BA Honours programs provide a high degree of specialization in one subject area (or in some cases, two areas combined) and demand a higher standard both for admission and ongoing performance in the program. All Honours programs in the Faculty of Arts require one year of study prior to admission and applicants must present a minimum of (★24) credits to be eligible to apply.
Economists are concerned with how a society manages, produces and distributes its wealth, both material and immaterial. The material aspects contributing to well-being include income, housing, food, water, environment and transportation, while the immaterial aspects include health, happiness, beauty and social cohesion. In a nutshell, economists are concerned with the conditions that contribute to a society's well-being, and they seek to make the world a better place. Economic issues affect everyone, but there are also personal reasons for studying economics: it allows you to develop analytical and abstract skills, and helps you to evaluate the costs and benefits associated with any action.