Program Overview
The Management Program at the University of Toronto Scarborough is designed around the study of Management and the study of Economics.
Management is the study of business practices, organizational theory and the issues affecting companies and organizations. The study of Management is dedicated to developing essential management skills, such as, effective communication, team work, negotiation, and leadership. The study of Management usually revolves around the major disciplines of accounting, finance, human resource management, international business,information technology marketing, and strategic management.
The reasons to study Management include:
- To gain broad knowledge in all functional areas of business
- To develop analytical and critical thinking skills
- To learn effective communication techniques
- To obtain writing and reporting skills
Economics studies how consumers, producers, government and institutions interact in a market economy to provide and allocate goods and services. Economics also studies how society might create the most efficient use of scarce resources so that private and social welfare may be improved. Economics acknowledges that these processes change over time and might, in certain circumstances, fail to function in an optimal fashion. Economics employs logical and sometimes mathematical analysis to investigate how decisions (choices) are arrived at by economics agents, such as individuals, firms, governments and institutions, in the face of incentives and resource constraints. Without scarcity of resources there is no real economic problem. So Economics is at its core a discipline about how to deal with scarcity.
The reasons to study Economics include:
- To learn analytical and critical thinking skills
- To acquire the ability to obtain relevant data from numerous sources
- To become competent in various data analysis techniques
- To obtain writing and reporting skills
- To become able to recognize economics trends and patterns and relate these to the proper causal links
Please see Academic Programs for a complete listing of the Programs offered.