Effective date of this calendar, unless otherwise indicated, is Sept. 1, 2002 to Aug. 31, 2003.
ECON 1100 cr-3
Introduction to Economics
Students will trace the historical evolution of the capitalist economic system, and investigate the ideas of great economic thinkers. They will also study with basic concepts and methods of economic analysis which will help them to critically analyze the economy.
Transferable (refer to transfer guide)
Note: Students with credit for ECON 1150 or ECON 1250 may not take ECON 1101 for further credit.
ECON 1101 cr-3
Canadian Economic Issues
Students will be introduced to economics and the Canadian economy. They will analyze and discuss such issues as poverty, free trade, environmental problems, economic growth, unemployment and inflation.
Transferable (refer to transfer guide)
ECON 1150 cr-3
Principles of Microeconomics
Students will gain a basic understanding of how markets operate. Topics covered include the nature and method of economics, scarcity, specialization and exchange, supply and demand analysis, elasticity, consumer behaviour, economics of the firm, perfect competition, monopoly and market failure.
Transferable (refer to transfer guide)
(Note: ECON 1250 prerequisite adjustment)
ECON 1250 cr-3
Principles of Macroeconomics
Students will study macroeconomic theory at an introductory level. Topics treated include macroeconomic performance measures, economic growth, inflation, unemployment, money and backing, interest rates, exchange rates and government policy in a small, open economy like Canada.
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 neo-classical 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 1250
Transferable (refer to transfer guide)
ECON 2210 cr-3
Money and Banking
Students will examine the economics of the Canadian financial system. They will study 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 1250
Transferable (refer to transfer guide)
ECON 2211 cr-3
Economic History of Canada
Students will look at important issues in Canadian economic history such as the role of staples, land policy and agriculture, trade and investment policies, industrialization, banking and capital formation and regional variation in economic development. They will also become acquainted with basic concepts and methods of economic analysis which will help them to analyze important events in Canadian economic history.
Prerequisites: ECON 1150 and 1250
Transferable (refer to transfer guide)
ECON 2260 cr-3
Environmental Economics
Students will examine the links between the economy and the environment. They will use economic principles to explain why environmental problems occur in a market economy and study how economic policy instruments can be used to deal with these problems.
Prerequisites: ECON 1150 and 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. They will analyze relevant labour market structures, theories that predict the outcome of collective bargaining, and policies with respect to unemployment and retraining.
Prerequisites: ECON 1150 and 1250
Transferable (refer to transfer guide)
ECON 2350 cr-3
Intermediate Microeconomics
Students will study microeconomic theory at an intermediate level including such topics as consumer theory, production and cost, the firm under different market structures, markets with asymmetric information, and selected additional topics. They will learn to pose and solve economic problems.
Prerequisites: ECON 1150 and 1250 and MATH 1120 or 1140)
Transferable (refer to transfer guide)
ECON 2450 cr-3
Intermediate Macroeconomics
Students will study intermediate macroeconomic theory and use it to help explain long-and short-run macroeconomic performance. They will contrast the long-run outcomes predicted by the classical market clearing model with short-run outcomes predicted by the IS-LM/Aggregate Demand-Aggregate Supply models. They will also study macroeconomic policy debates, open economy issues and recent developments in macroeconomic theory.
Prerequisites: ECON 1150 and 1250 and MATH 1120 or 1140)
Transferable (refer to transfer guide)