This is an ARCHIVED version of the Kwantlen University College Calendar for 2000-2001 and is provided for historical reference only. See the current version of the Calendar for updated information.

Economics

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ECON 1100 cr - 3

Introduction to Economics

This introductory course traces the historical evolution of the capitalist economic system, and introduces the student to the ideas of the great economic thinkers. Students will also be acquainted with basic concepts and methods of economic analysis which will help them to critically analyse the economy.
Transferable (refer to transfer guide)

Students with credit for ECON 1150 or 1250 may not take ECON 1101 for further credit.

ECON 1101 cr - 3

Canadian Economic Issues

The purpose of this course is to introduce the student to Canadian economic issues and to provide a set of tools that will enable the student to analyse these issues critically. The course includes a brief overview of the Canadian economy and the nature of economics. Economic principles and tools will be introduced to enable the student to discuss topics such as rent controls, minimum wage laws, farm subsidies, free trade, environmental problems, unemployment, the national debt, and inflation.
Transferable (refer to transfer guide)

ECON 1150 cr - 3

Principles of Microeconomics

The purpose of this course is to provide the student with a basic understanding of Microeconomics. After an introductory look at the nature of economics, an overview of the market mechanism, (supply and demand) is presented. This is followed by a discussion of the theory of consumer behaviour and the economics of the firm. Then, a more detailed look is taken at how markets determine price and output under conditions of both perfect and imperfect competition. Resource markets are examined with special emphasis on labour markets. The course concludes with a discussion of the limitations of the market system and possible remedies to the problem of market failure.
Prerequisites: At least one 1100 level Economics course is recommended.
Transferable (refer to transfer guide)

ECON 1250 cr - 3

Principles of Macroeconomics

The purpose of this course is to provide the student with a solid grasp of basic macroeconomic principles. A framework will be developed to provide the student with an understanding of the interaction and the determination of the important aggregate economic variables such as national income, the price level, employment, interest rates and the exchange rate. In addition, attention will be given to the function of money and the banking system in the economy; and the role of government in the management of fiscal and monetary policies. Other topics such as the evolution of macroeconomic theory, budget deficits, national debt, and international trade will also be covered.
Prerequisites: At least one 1100 level Economics course is recommended.
Transferable (refer to transfer guide)

ECON 2208 cr - 3

History of Economic Thought

This course provides a survey of the great (and nearly-great) economists, and an examination of the characteristics of their theories and their relation to economic problems and changes over time. Ranging from the Mercantilists to Milton Friedman, and from classical and neoclassical economists to Keynesian and neo-Keynesian economists, this course will guide the student through the evolution of economic thought as we know it today.
Prerequisites: ECON 1150 and ECON 1250
Transferable (refer to transfer guide)

ECON 2210 cr - 3

Money and Banking

This course examines the economics of the Canadian financial system. It includes the structure and operation of the banking system: money, financial and foreign exchange markets; theories of financial markets and financial intermediation; processes of monetary control and the regulation of the banking and the financial systems. The course also gives emphasis to monetary policy in the context of an open economy.
Prerequisites: ECON 1150 and ECON 1250
Transferable (refer to transfer guide)

ECON 2211 cr - 3

Economic History of Canada

This course looks at important issues in Canadian economic history. Topics include the roles of staples, land policy and agriculture, trade and investment policies, industrialization, banking and capital formation and regional variation in economic development. Students will also become acquainted with basic concepts and methods of economic analysis which will help them to analyse important events in Canadian economic history.
Prerequisites: ECON 1150 and ECON 1250
Transferable (refer to transfer guide)

ECON 2260 cr - 3

Environmental Economics

This course examines the links between the environment and the economy. Environmental issues such as air and water pollution, global warming, waste disposal and natural resource depletion are analysed from an economic perspective. The course discusses the main policy instruments that economists use to deal with environmental problems. Case studies will be used to provide a detailed look at current problems in Canada and to evaluate the effectiveness of environmental policies.
Prerequisites: ECON 1150 and ECON 1250
Transferable (refer to transfer guide)

ECON 2280 cr - 3

Labour Economics

This course uses economic theory to examine the decision making processes that underlie the supply of and the demand for labour in the Canadian economy, with emphasis on the role of labour markets in determining wages and employment levels. It also provides an analysis of relevant labour market structures, theories that predict the outcome of collective bargaining, and policies with respect to unemployment and retraining.
Prerequisites: ECON 1150 and ECON 1250
Transferable (refer to transfer guide)

ECON 2350 cr - 3

Intermediate Microeconomics

This course is a study of microeconomic theory at an intermediate level. Topics treated include consumer theory, production and cost, the firm under different market structures, factor markets, and selected additional topics. Students will learn to pose and solve microeconomic problems.
Prerequisites: ECON 1150 and ECON 1250 and (MATH 1140 or MATH 1120)
Transferable (refer to transfer guide)

ECON 2450 cr - 3

Intermediate Macroeconomics

This course presents intermediate macroeconomic theory and uses it to help explain long-and short-run macroeconomic performance. Long-run outcomes predicted by the Classical market-clearing model are contrasted with short-run outcomes predicted by the IS-LM/Aggregate Demand-Aggregate Supply models. Macroeconomic policy debates, open economy issues and recent developments in macroeconomic theory are also presented.
Prerequisites: ECON 1150 and ECON 1250 and (MATH 1140 or MATH 1120)
Transferable (refer to transfer guide)