About the course

Economics belongs to the branch of knowledge known as the Social Sciences. The social sciences deal with both intergenerational and intra-generational interactions between human beings in a society.Human activities can, of course, be studied from many different perspectives. We could look at humans as political, psychological, historical, or economic beings. A political scientist, for example, would analyze the political activities of the people while an economist would examine activities related to their livelihood. Human beings, in order to fulfil their innate desire for food and shelter, engage in activities that lead them to the production of goods such as food, clothing, and housing, as well as services. These acts of production and consumption to satisfy human wants form the very basis of the subject matter of Economics. Perhaps observing people engaged in this pursuit, Alfred Marshall defined economics as a study of mankind in the ordinary business of life. Since the ordinary business of life involves the use of limited natural and human-made resources (capital), people have always been interested in making the best possible use of these resources. This efficient use of resources has been the underlying theme in economics. Hence, the most succinct definition of economics would be that economics deals with the efficient utilization of scarce resources to satisfy human wants. Scarcity gives legitimacy to economics. If there is no scarcity, there is no economic problem. Scholarships - View all scholarships Internships

　　

Start dates and prices

Course fees are indicative and should be used as a guide. Speak to a counsellor to get an accurate price.

　　Duration: 4 Year(s)Fees: CA$59,352

Intake	Location
Winter (January), 2024	Charlottetown
Fall (September), 2024	Charlottetown
Winter (January), 2025	Charlottetown
Fall (September), 2025	Charlottetown
Winter (January), 2026	Charlottetown

　　

How to apply

Entry requirements for University of Prince Edward Island

IELTS (Academic)-Overall score of 6.5 with 6.5 in writing no other band below 6.

　　TOEFL paper-based test 550 with minimum TWE of 5.5.

　　TOEFL internet-based test- 80 with minimum of 20 in each category.

　　MELAB- 80,CanTEST -4.5, CAEL 60, Pearson Test of English-58, Cambridge Advanced English -CAE A-C: 176-184 after Jan 1/15

　　Successful completion of Grade 12 examinations in a University Preparatory Program with an overall average of at least 70% (75% for Quebec Secondary V students) in the following subjects:English, one Social Studies or Language, any 3 other academic courses. Grade 12 math recommended. Note: Grade 12 Math is a prerequisite for some 1st year Art courses.

　　

English language requirements

　　6.5

　　Overall IELTS band score

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　　About IELTS

　　Practice and prepare

　　TOEFL Internet based overall score: 80.0

　　

Application deadline:

This date isn’t available – speak to an IDP counsellor to get detailed information.

　　

Further information

Career outcomesIf you aren’t eligible for the above entry requirements, you might want to explore pathway options at University of Prince Edward Island. If you want to find out more, please speak to our counsellors.

　　Pathway options to study at this institution

　　

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