Economics

ECON 102 The Canadian Economy

(3 credits) F, W, P (3,0,0,0)

This is an introduction to the Canadian economy. The course incorporates elements of micro and macro economics and examines economic issues relating to trade, inﬂation, unemployment, growth, poverty and the role of government. (T)

Prerequisite(s): English 12, or EFP 12 or TPC 12 or assessment.

Not for Accounting students. Credit will not be granted for ECON 102 in the Diploma in Business Administration - Accounting Option, the Bachelor of Business Administration -Accounting Major or the Certiﬁcate in Professional Accounting.

ECON 103 Principles of Microeconomics

(3 credits) F, W, P, S (4,0,0,0)

This course introduces the principles of microeconomic analysis. Students will learn how markets function, how changes in consumer preference, production technology, and resource availability affect the prices and quantities of goods. (T)

Prerequisite(s): "C" in English 12, or EFP 12, or TPC 12; or ENGL 092 and ENGL 094; or ENGL 092 and ENGL 096; or ENGL 140; or ELD 092 and ELD 094; or ELD 097; or assessment; and "C" in Principles of Math 11, or Applications of Math 12, or Foundations of Math 11, or Pre-calculus 11; or "C+" in MATH 072; or assessment.

ECON 104 Principles of Macroeconomics

(3 credits) F, W, P, S (4,0,0,0)

This course introduces the principles of macroeconomic analysis with an emphasis on national income theory, business cycles, the role of interest rates and exchange rates, economic growth, government ﬁscal, monetary and trade policy. (T)

ECON 203 Intermediate Microeconomics

(3 credits) F, W (4,0,0,0)

This course examines the theories of consumer behaviour, exchange, production and costs; ﬁrms and markets under perfect competition, monopoly, monopolistic competition, and oligopoly. (T)

Prerequisite(s): ECON 103 and (MATH 108 or MATH 100).

ECON 204 Intermediate Macroeconomics

(3 credits) F, W (4,0,0,0)

This course examines the theories of aggregate economic behaviour; national income determination, employment, inﬂation, growth and ﬂuctuations; open economy, economic policy. (T)

Prerequisite(s): ECON 103, ECON 104; and, MATH 108 or MATH 100.

ECON 205 Managerial Economics

(3 credits) F, W, P (3,0,0,0)

This course applies the theories and models of microeconomics to managerial decision-making. Students will learn to use demand and supply analysis, optimization techniques, market structure, and game theory to explain and predict the behaviour of consumers and producers. The course focus will be on practical analysis and case studies. (T)

Prerequisite(s): ECON 103, ECON 104.

ECON 210 Money and Banking

(3 credits) F, W (3,0,0,0)

This course introduces ﬁnancial markets and institutions in theory and practice. Topics include the economic role of money, development, organization and regulation of the Canadian ﬁnancial system, central banking and monetary policy, ﬁnancial assets and exchange rates. (T)

Prerequisite(s): ECON 102 or ECON 104.