Skip to main content

Economics

ECO 110 Microeconomics and Macroeconomics I (3) A

An overview of the history and theory of micro and macro- economics. The course will address the development of economic institutions from pre-capitalism to capitalism, an understanding of the evolution of ideas in economic theory, and an introduction to the principles of micro and macroeconomics. In particular, the course will introduce basic economic concepts, models, and foundations of economic policy.

 

ECO 120 Microeconomics and Macroeconomics II (3-1T) A

The second in a sequence of two introductory courses in Economics, this course extends the introductory nature of micro and macroeconomics covered in ECO 110. Between the two courses, the student learns the key elements in both introductory micro and macroeconomics. Topics include: examination of how markets work and the process of competition; public policy toward markets; antitrust, regulation, deregulation, public enterprise vs. privatization, etc.; distribution of income, labor-management and management-ownership-finance relations; impact of macroeconomic and international issues and policies on business, labor, and consumers.

Prerequisite: ECO 110

 

ECO 202 Intermediate Microeconomics (3) O

The study of the theories and techniques of price theory and its practical applications. Building on the principles covered in ECO 110 and ECO 120, topics covered include price, production, and distribution theories, the theory of the firm, risk and uncertainty, game theory, and the analysis of public goods provision and its impact on efficiency.

Prerequisite: ECO 110 and ECO 120

 

ECO 203 Intermediate Macroeconomics (3) O

Building on the basic principles covered in ECO 110 and ECO 120, this course explores the national economy in terms of the determination of national output, the general price level, the rate of interest, and employment. The course also analyzes the effectiveness of fiscal and monetary policies in achieving their stated goals.

Prerequisite: ECO 110 and ECO 120

 

ECO 299 Special Topics in Economics (3) O

Special studies in Economics, as announced.

Prerequisite: Permission of the department

 

ECO 310 Development Economics (3) O

This course focuses on the economic aspects of the development process in low-income countries. Students will develop an understanding of development disparity in both economic and social terms, as well as methods of promoting growth and development. Issues such as population growth, urban migration, labour markets and income and asset inequality will be discussed. Economic development policy concerns, structural problems and the broader social and cultural context will also be considered.

Prerequisite: ECO 110 and ECO 120

 

ECO 340 Money and Banking (3) O

This course provides an institutional approach to finance and monetary economics. It analyzes the operation of the financial markets, the principles of money creation, interest rate determination, central banking, and the role of macroeconomic policy relating to the financial markets and the banking industry.

Prerequisite: ECO 203

 

ECO 350 Economics of Taxation and Public Spending (3) O

This course will examine the institutions behind, and economic rationale for, Canadian government policy relating to public expenditures and taxation. Topics include the history and present structure of government spending and taxation, the effects of personal taxation, the budgetary process, issues related to budget deficit, inter-jurisdictional issues, and public spending program design.

Prerequisite: ECO 110, ECO 120 and ECO 203

 

ECO 399 Special Topics in Economics (3) O

Special studies in Economics, as announced.

Prerequisite: Permission of the department

 

ECO 405 Special Topics in Economics (3) O

Special studies in Economics, as announced.

Prerequisite: Permission of the department