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BUSINESS ECONOMICS

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Brock's Bachelor of Business Economics is unique in Canada and is designed for students who wish to combine the study of economics and business. The program is divided into two streams: financial economics for those who wish to combine economics with finance and consumer eco- nomics for those wishing to combine economics with marketing Program Benefits: " Develop skills needed to compete for jobs in the new millennium " Explore career possibilities and discover where your interests lie and the type of environment best suited to you " Build confidence and know your career goals are reachable " Make informed decisions about your future " Enrich the academic experience through practical application of learned concepts " To ensure every student of the co-op stream receives the coaching and support needed to make the transition from school to work, spaces are limited. Students applying to the pro- gram will be selected on the basis of their academic performance, skills and attributes.

" Each of the three work terms are four or eight months in duration. Work terms give stu- dents experience in a variety of fields including financial analysis, market research and managerial experience in the private and public sector. Business Economics ... more. less.

Brock Univers i ty Career Information 2 Job Samples 3 Industry Information 5 Organizations 6 International 7 Economic Institutions 8 Inside .<br><br> 4162 Economists and Economic Policy Researchers and Analysts ( taken from HRDC web site ) Economists and economic policy researchers and analysts conduct research and develop models to analyse and forecast economic behaviour and patterns Typical Employers; banks and other financial institutions federal, provincial and municipal governments telecommunication companies business services firms architectural, engineering and other scientific companies management consulting firms electric power companies Career Opportunities : Banker Business Manager Consumer Protection Specialist Economic Consultant Environmental Protection and Regulation Specialist Financial Analyst Foreign Trade Specialist Market Researcher Private Sector Manager Public Service Administrator Teacher Utility Regulator Urban and Regional Planner Selected Main Duties Economists and economic policy researchers and analysts perform some or all of the following duties: Conduct research and develop models to illustrate and forecast economic behaviour and patterns, and devise methods for collecti on and analysis of data; Forecast production and consumption of agricultural products, based on records of past crops, labour supply and general economi c and agricultural conditions; Analyse factors which determine economic growth and advise government agencies on policies to increase economic activities; Study mathematical formulae and statistical techniques and apply them to the testing and quantifying of economic theories and the solution of economic problems; Study the nature of money, credit and credit instruments and the operation of banks and other financial institutions to develop monetary policies and forecasts of financial activity; Examine problems related to the economic activity of individual companies; Examine financing methods, production costs and techniques and marketing policies to discover possible improvements; Examine statistical data on the exchange of goods and services among nations; Forecast production and consumption of renewable resources and supply, consumption and depletion of non-renewable resources; Conduct research on market conditions in local, regional or national area to set sales and pricing levels for goods and service s and to assess market potential and future trends. Economists tend to have structured work schedules. They may work alone or as a part of a research team investigating a specific topic.<br><br> Their routine may be interrupted by special requests for data, letters, meetings or conferences. P A G E 2 Career information ECONOMIST Agriculture and Food $1,004 - $1,232 / week Location : Guelph Area of Search: The Ministry of Agriculture and Food's policy and programs branch seeks an individual with quantitative economic research and analytical skills to work on policy issues facing agriculture and food industries. Working with branch economists and policy ad - visers you will prepare analyses, reports, presentations and briefings on various issues.<br><br> Qualifications: knowledge of economic theory, applied economic analysis, econometrics, other statistical/quantitative analytical techniques; knowledge of computers to establish databases, analyse information/data, report research findings; knowledge of cur - rent ministry priorities, issues for agriculture/food industries, ministry programs/clients; demonstrated ability to manage com pet- ing priorities to meet deadlines; communication skills. Apply by May 16, 2003 - Posted: 05/02/2003 Financial Analyst-FinAdm Salary-CAD 42,000.00 to CAD 50,000.00 per year Depending on overall skill set and work experience Job Location: Mississauga POSITION DESCRIPTION: We have an excellent career opportunity for a Financial Analyst within our Finance and Administration Division. You will pro- vide strong analytical support to the various Ecolab Divisions in Canada in terms of sales, cost of goods, profit related proje cts, activities and reporting.<br><br> You will be accountable to provide routine reporting and analysis, as well as, leadership on special pro- jects in support of Division management, as well as, centralized equipment accounting. Reporting to the Assistant Controller, y ou will be responsible to provide information and measurements to stakeholders comparing strategic objectives to financial/ operating outcomes, provide project leadership to systems implementation of PC applications and tools, and ensure control of equipment inventory and capitalized equipment. EDUCATION AND EXPERIENCE REQUIRED: · University Degree in Accounting, Economics or Finance or equivalent formal education plus 4-5 years experience in financial planning and analysis.<br><br> · An MBA with 2-3 years work experience is preferred. · Previous experience and utilization of cost accounting applications and principles. · Previous business plan development and business consulting experience.<br><br> · Previous project management experience. · Previous exposure to systems analysis and design and understanding of information systems structures TECHNICAL SKILLS AND KNOWLEDGE REQUIRED: · Sound knowledge of inter-relationship between operating systems and the general ledger. · Strong knowledge of PC hardware and tools, software applications and networking capabilities.<br><br> · Excellent computer modeling skills. · Excellent interpersonal, communication (written and verbal), and problem solving skills. · Knowledge of ad hoc reporting.<br><br> · Strong time management and organization skills. · Proven ability to work under pressure to meet strict deadlines. If you are a self-motivated individual with a sales orientation, email your resume by June 20, 2003 .<br><br> Please use the following reference code in all correspondence: Financial Analyst - FinAdm. P A G E 3 Economic Job samples CA-ON-Northern Ontario-Economics/Financial Planning Tenaris Algoma Tubes We are the Canadian Tube division of Tenaris, a Group of Seamless Steel Pipe Manufacturers, comprised of Algoma Tubes (Canada), Confab (Brazil), Dalmine (Italy), NKK Tubes (Japan), Siat (Argentina), Siderca (Argentina), Tamsa (Mexico), and Tavsa (Venezuela) - www.tenaris.com -. Following the purchase of Algoma Tubes we have initiated a recruitment drive for our Canadian production facility based in Sault Ste.<br><br> Marie, Ontario and our Commercial division located in Calgary, Alberta. We are looking for recent graduates to be trained locally and abroad within the following areas; Economics/Financial Planning Interested applicants with backgrounds within the following disciplines are encouraged to apply using the following position codes. Economics/Financial Planning 3 ATEFP/01 If you are looking for a challenging global career in a rapid growth environment that promotes, fosters and rewards excellence within a technologically advanced steel industry, and provides international training opportunities please submit your interest to: Algoma Tubes Inc.<br><br> 547 Wallace Terrace Sault Ste. Marie, ON P6C 1L9 Senior Economist ROLE: SOCIAL SCIENCE/COMMUNITY SERVICE The Infrastructure Strategies Branch, Ontario Super Build Corporation, Ministry of Finance is seeking a highly skilled econo- mist interested in public policy to provide advice, carry out research and perform complex analysis in health infrastructure po l- icy. Super Build is responsible for infrastructure planning, policy analysis and recommendations on the government=s capital investment envelope.<br><br> Location: 7 Queen's Park Circle, Toronto The Infrastructure Strategies Branch, Ontario Super Build Corporation, Ministry of Finance is seeking a highly skilled econo- mist interested in public policy to provide advice, carry out research and perform complex analysis in health infrastructure po l- icy. Super Build is responsible for infrastructure planning, policy analysis and recommendations on the government=s capital investment envelope. Deadline Date 2003-08011 Salary: $64,141 - $82,954 per annum Qualifications Expert, wide-ranging knowledge of microeconomics, health economics or a closely related discipline.<br><br> Experi- ence in a policy environment including carrying out high-profile policy projects to a successful conclusion. Expert research, analytical, quantitative, computing, modelling and database management skills. Superior writing, oral communication, interper- sonal and negotiation skills.<br><br> Salary is commensurate with qualifications and experience. Less experienced applicants will be considered at a lower salary. Quote file Number "FIN: 3934R-03" in your application.<br><br> PAGE 4 INDUSTRY INFORMATION Employment Prospect ( taken from HRDC web site ) Over the next five years: Good Employment for this occupation is expected to grow about as fast as the average for all occupations through the year 2005. Advancements in technology have enhanced the work capacity of these professionals. Computer technology has greatly reduced the tasks related to complex mathematical calculations and the storage and manipulation of large data sets.<br><br> Candidates with quantitative statistical backgrounds and a sound knowledge of statistical and database software packages as well as excellent writing skills should have better employment opportunities Characteristics of Occupation Estimated Employment in 2000 3,800 General Characteristics (%) Male 67 Female 33 Full-time 93 Part-time 7 Self Employed 5 Employees 95 Working away from home 94 Working at home 5 Government services 56 Business service 15 Finance and Insurance 12 Main Industries of Employment % Employment by Region (%) This occupation (%) All Occupations Ottawa 52 10 Kingston-Pembroke 1 4 Muskoka-Kawarthas 0 3 Kitchener-Waterloo-Barrie 3 9 Hamilton-Niagara Peninsula 4 11 Toronto 35 42 Windsor-Sarnia 1 5 Stratford-Bruce Peninsula 0 3 Northeast 1 5 Northwest 0 2 PAGE 5 Income and Wages The average annual employment income in 1995 was $60,788 Additional Information Sources Additional information about this occupation can be obtain from the following web sites: National Association for Business Economics Canadian Economics Association http://economics.ca/links.html Canadian Association for Business Economics; http://www.cabe.ca/news/conference/conference_m.htm CD Howe Institute; http://www.cdhowe.org/english/whats_new/whats_new.html The Conference board of Canada http://www.conferenceboard.ca/ The Institute of Health Economics; http://www.ihe.ab.ca/ · Canadian Organizations CAES Canadian Agriculture Economics Society Société canadienne d'agroeconomie CABE Canadian Association of Business Economists Association Canadienne des Économistes de l'Enterprise CHA Canadian Historical Association Societé Historique du Canada CMSG Canadian Macroeconomics Study Group Groupe Canadien d'Étude de Macroéconomie CIRA Canadian Industrial Relations Association Association Canadienne des Relations Industrielles CREE Canadian Resource and Environmental Economics Study Group Economics Organizations PAGE 6 CSLS Centre for the Study of Living Standards Centre d'étude de niveau de vie CWEN Canadian Women Economists Network Le Réeseau Canadien des Femmes Économistes ECSA European Community Studies Association Association d'Études sur la CommunitÉ Europeenne IRPP Institute for Research on Public Policy Institut de Recherché en Politiques Publiques PEF Progressive Economics Forum Forum d'économie progressiste " International Economics Organizations AEA American Economic Association EEA European Economic Association IEFS International Economics and Finance Association CLEA Canadian Law & Economics Association ALEA American Law & Economics Association ELEA European Association for Law and Economics AERE Association of Environmental and Resource Economists HES History of Economics Society SNDE Society for Nonlinear Dynamics and Econometrics CEANA Chinese Economic Association of North America Association Économique Chinoise de l'Amerique Nord WEA Western Economic Association International For further information, please consult Prof. Zimmerman's worldwide EDIRC directory of Economics Association and Socities PAGE 7 Economic Institutes and Research Centres in Canada · C. D.<br><br> Howe Institute 125 Adelaide Street East Toronto, Ontario, M5C 1L7 Telephone: (416) 865-1904 Fax: (416) 865-1866 E-mail: cdhowe@cdhowe.org · The Fraser Institute 4th Floor, 1770 Burrard St Vancouver BC V6J 3G7 Tel: 604-688-0221 or 1-800-665-3558 Fax: 604-688-8531 · Institute for Policy Analysis University of Toronto 140 St. George Street Toronto, Ontario, M5S 1A1 Telephone: (416) 978-5781 Fax: (416) 978-5519 · Centre de recherche et développement en Économique (CRDE) Université de Montréal C.P. 6128, Succ.A Montreal, Québec, H3C 3J7 Telephone: (514) 343-2449 Fax: (514) 343-5831 E-Mail: cardia@crde.UMontreal.CA · Center for Research on Economic Fluctuations and Employment (CREFE) Centre de recherche sur l'emploi et les fluctuations Économiques Université du Québec à Montréal · Canadian International Labour Network Department of Economics, McMaster University Hamilton, Ont.<br><br> L8S 4M4, Canada Phone: (905) 525 9140 x23374 FAX: (905) 521 8232 Email: ciln@mcmail.cis.mcmaster.ca PAGE 8

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