University of Alberta Department of Economics

University of Alberta Department of Economics

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. 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. The Department of Economics aims to create and disseminate economics knowledge for the benefit of society, and to be an internationally recognized centre of quality research, teaching, and public service.
economy public service well being

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