Bachelor of Business Administration as a Second Degree in Economics

University of Lethbridge

Economics is the social science that provides understanding, meaning and relevance of human action under conditions of scarcity. In other words, the study of economics enables a more effective use of scarce resources such as people’s time and talents, land, buildings, equipment, tools on hand, and the knowledge of how to combine them to create products and services to satisfy human wants. Economics is a value-free science. It never tells people how to act, it merely shows how they need to act to attain specific results. This major would be well suited to those who are interested in policy work, economic aspects of international trade, economic forecasting and economic consulting.As an economics major you can also choose a minor to enhance your knowledge in a secondary line of study. Many minors complement economics well such as accounting, family and small business management, fintech and financial innovation, marketing, math, supply chain and operations management, agricultural economics, ag enterprise management, environmental studies, indigenous governance, and international management.