ECON 1101Introduction to Microeconomics0.5 unitPrerequisite: grade XII mathematics
An introduction to the behaviour of individual agents in the Canadian economy and the markets in which they interact. Topics include consumer theory; theory of the firm, production and cost; government intervention in the microeconomic framework; and market structure. (Also listed under Canadian Studies and Public Policy Studies)
ECON 1102Introduction to Macroeconomics0.5 unitPrerequisite: ECON 1101 or permission of the instructor
An introduction to the Canadian macro-economy and the determinants of economic aggregates such as Gross Domestic Product (GDP), national income accounts, employment, and the price level. The government use of fiscal and monetary policies and the effects of these policies on economic variables will also be studied. (Also listed under Canadian Studies and Public Policy Studies)
ECON 2201Intermediate Macroeconomic Theory0.5 unitPrerequisite: ECON 1102
The study of the determination of broad economic aggregates such as GNP, employment and the price level, analysis of problems such as inflation, unemployment, business cycles, economic growth and international financial crisis, and how governments respond to them.
ECON 2202Intermediate Macroeconomics
Prerequisite: ECON 2201
A course designed to enable students to apply macroeconomic tools to analyse and solve empirical problems. The topics covered may include Keynesian, monetarist and supply-side theories and policies; econometric macromodels as vehicles for empirical analysis, forecasting and policy evaluation; and problems of the open economy.
Labour Markets and Policies in Canada
Prerequisite: ECON 1102
Topics may include: labour supply, emphasizing policies that influence participation, migration, and the acquisition of human capital; labour demand and unemployment; collective bargaining, labour organizations and wage determination. (Also listed under Canadian Studies and Public Policy Studies)
ECON 2206Canadian Economic Problems and Policies0.5 unitPrerequisite: ECON 1102
An examination of the structure of Canadian economy, current economic problems and the role the Canadian government plays in implementing public policy to deal with these issues. Topics include: resource industries, manufacturing industries, foreign direct investment, service sector, environmental issues, poverty and distribution of income, health care, education and labour policies. (Also listed under Canadian Studies and Public Policy Studies)
ECON 2207Current Issues in the Canadian Economy0.5 unitPrerequisite: ECON 1102
An exploration of some of the most important current issues in the Canadian economy such as unemployment, health, education, income distribution in Canada, and the fiscal and monetary policies of the government since WWII. In each case the problems will be identified and possible solutions will be discussed. (Also listed under Canadian Studies and Public Policy Studies)
ECON 2208Public Policy towards Corporate Power0.5 unitPrerequisite: ECON 1102
An examination of the nature of market power and the policy alternatives available for its control. Topics to be discussed include the structural determinants of market power, dominant firm behaviour, the economic and social consequences of market power, public enterprise, the regulation of monopoly, and competition policy. These issues will be examined from both a Canadian and an international perspective. (Also listed under Canadian Studies and Public Policy Studies)
ECON 2210Intermediate Microeconomic Theory 0.5 unitPrerequisite: ECON 1102
A study of how prices allocate resources, determine the methods of production, and distribute income in free market economies; how households and firms interact in different kinds of markets; and the effects of government regulation on them.
ECON 2211Intermediate Microeconomics0.5 unitPrerequisite: ECON 2210
Applications of indifference curve analysis, factor and product pricing models and the use of linear programming for solving various economic problems.
ECON 2311International Trade0.5 unitPrerequisite: ECON 1101
An examination of the motives for the exchange of goods and services among nations, the developments in the field from the orthodox theory of international trade to the recent theories of multinational enterprises, the patterns of international trade and production, and the welfare implications of trade. (Also listed under Public Policy Studies)
ECON 2312International Finance0.5 unitPrerequisite: ECON 1102
An examination of the determination of exchange rates, international reserves, the balance of payments accounts, and international capital movements. It also examines international monetary arrangements with particular reference to the role of central banks and international monetary organizations. (Also listed under Public Policy Studies)
ECON 3305Money and Banking0.5 unitPrerequisite: ECON 2210 or permission of the instructor
An examination of the history, financial institutions, and operation of the Canadian payments system, including the elementary theory of financial markets and financial intermediation, and the role of government in Canadian financial markets. (Also listed under Canadian Studies)
ECON 3307Industrial Organization0.5 unitPrerequisite: ECON 2210 or permission of the instructor
An introduction to the determinants of market structure, theories of pricing, policy approaches to monopoly problems, and the economics of the patent system, with an overall appraisal of North American market structures and their performance.
ECON 3308Economics of Health Care0.5 unit
Prerequisites: ECON 1102
An examination of the organization and performance of Canadian health care from an economics perspective. This course analyses peculiarities of Demand and Supply of health care, cost and benefits of forming health care public policies, role of government in the system, current problems surrounding these issues, and comparison with other countries’ health care system. (Also listed under Public Policy Studies)
ECON 3320History of Economic Thought1.0 unitPrerequisites: ECON 2201 and 2210
The main outlines of the history of theoretical economics from the ancient Greeks to the present day including studies of several major economists and their ideas.
ECON 3325Public Policy and Public Finance in Canada0.5 unitPrerequisites: ECON 1102 and 2206
An introduction to the economic theory and policy of government, including the functions, growth and fiscal management of the public sector in Canada. The course will include topics concerning the delivery of social goods, public sector financing, fiscal policy, and intergovernmental fiscal relations. (Also listed under Canadian Studies and Public Policy Studies)
ECON 3330Economic Development0.5 unitPrerequisite: ECON 1102
An examination of the policy tools and planning techniques used to formulate and implement economic development strategies. Topics include an overview of economic development and growth theories, development problems in general and those faced by less developed countries in particular, and major policies and practices influencing economic development. (Also listed under Public Policy Studies)
ECON 3335Income Inequality0.5 unitPrerequisite: ECON 1102
An examination of the recent theoretical and empirical developments of income inequality and redistribution. It explains how various distribution theories deal with the increase in income inequality between rich and poor countries and with trends in Canada. (Also listed under Public Policy Studies)
ECON 3341Introductory Econometrics I0.5 unitPrerequisites: ECON 1102 and either MATH 2209 or MATH 3304
An introduction to linear estimation in the context of the classical model. Problems caused by violation of the assumptions of the classical model are also discussed, together with appropriate methods of estimation.
ECON 3342Introductory Econometrics II0.5 unit
Prerequisite: ECON 3341
An introduction to solutions to some of the practical problems commonly encountered in estimation and model-building. The estimation methods introduced in ECON 3341 are applied to simple models, some additional techniques are included, and forecasting models are discussed.
ECON 3550Environmental Economics0.5 unit
Prerequisites: ECON 1102
An examination of the economics of the environment. Topics include market failure (public goods and externalities), approaches to environmental management and regulation, measuring the cost and benefits of environmental action, environmental risk analysis, and environmental challenges within the Canadian economy. (Also listed under Public Policy Studies)
ECON 4401Regional Economics
Prerequisites: ECON 2201, 2210, and MATH 2209
An introduction to regional and locational analysis including the theory of location, the urban public economy, inter-regional income theory, factor mobility, regional growth, and policy objectives and alternative strategies for problem regions with reference to the Atlantic region. (Also listed under Canadian Studies)
Directed Study or Research0.5 unit
Directed Study or Research0.5 unit
Directed Study or Research
Prerequisite: open to senior students doing a major or concentration in economics who have received departmental approval.
An open course, permitting students to study an area of economics not accommodated in the regular program. The student plans a syllabus in consultation with the supervising professor. Students interested in this alternative should apply for departmental permission before the semester in which they wish to take this course. Equivalent to three lecture hours.
Advanced Microeconomic Theory0.5 unit
Prerequisites: ECON 2210 and MATH 2209
A more advanced treatment of microeconomics using the tools of calculus and matrix algebra.
Advanced Macroeconomic Theory0.5 unit
Prerequisites: ECON 2201 and MATH 2209
A more advanced treatment of macroeconomics using the tools of calculus and matrix algebra.
ECON 4444/POLS 4444
Global Issues Seminar0.5 unit
Prerequisite: 1.0 unit of political studies or economics at the 2000-level or above or permission of the instructor.
An advanced seminar which explores contemporary theoretical approaches and research in the area. The particular topics and discussions will be determined by the professor and students in the seminar. Students will do in-depth work on selected topics in the area.(Also listed under Public Policy Studies)
Honours Thesis0.5 unit
Students are required to write an essay of 6,000 words in economics on a subject chosen in consultation between the student and the relevant professor.