Economics Brock University

Overview

Economics at Brock University is divided into two parts: Microeconomics and Macroeconomics. Microeconomics focuses on the operation of the market system under alternative scenarios about competition. It studies the economic decisions of individuals, households and firms and shows how those decisions interact to produce market outcomes.

Microeconomics then examines the efficiency of the market outcomes and the extent to which they benefit society. Macroeconomics examines the functioning of the broader economy and some of its key sectors. Its main focus is on economic performance as measured by employment, unemployment, and the gap between aggregate economic activity and its potential. Through this analysis, macroeconomics identifies factors that help an economy achieve sustained increases in its standard of living. 

Macroeconomics also pays special attention to monetary phenomena, inflation, interest rates, and the exchange rate.

You’ll gain an understanding of the economy as a whole, from the banking system, unemployment, government debt and taxation, to international trade and exchange rates, and natural resource use and conservation.

Career outcomes

• Private-sector economist
• Government economist
• Business manager
• Corporate lawyer
• Financial investment planner