|Description:||How do societies decide what to produce, how much of each commodity to produce, who consumes what and how consumption patterns vary over time? How do individuals make decisions on their education, their work, on where they live, on how much of each good to consume, on how much to save and on how the savings are invested? What determines prices, exchange rates, interest rates and the level of inflation? How does the globalization of the Canadian economy affect various sectors of the Canadian economy? Economics students learn about these and many other issues central to the well-being of societies.
An Economics education at McGill University may be pursued either in a non-mathematical and more flexible manner within the framework of our Majors concentration programs or in a more mathematical fashion within the framework of our Honours programs. The Minor concentrations in Economics are offered to students whose primary interests are in a discipline other than economics, but who nevertheless wish to pursue some specialization in economics.