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First Year Courses

For an overview of first year Economics courses, and for information about course rotation:
First Year Courses

ECON 1220

Introduction to Basic Economics (3,0,0) 3 credits

A course designed to help students build a basic understanding of economic principles and issues without highlighting economic theory and modelling. Successful students of this course will be able to understand and discuss economic issues at the level covered by the media.

Prerequisite: None

Note: Students will not receive credit for ECON 1220 unless it has been completed prior to earning a grade of “C-” or better in either ECON 1900 or ECON 1950

ECON 1900

Principles of Microeconomics (3,0,0) 3 credits

Topics include markets, applications of supply and demand analysis, the theory of consumer behaviour and the impact of government regulations and intervention on market performance. Other topics include the theory of the firm under perfect competition, monopoly, and monopolistic competition; the principles of oligopoly; productive efficiency; the distribution of income, the role of unions and factor market performance.

An introductory course for students who may wish to take subsequent courses in Economics.

Prerequisite: B or better in Principles of Math 11 or Applications of Math 12, or MATH 0510, or equivalent; Principles of Math 12 highly recommended

ECON 1950

Principles of Macroeconomics (3,0,0) 3 credits

Topics include the determination of national income, production and employment, economic goals of the federal government and the limitation of monetary and fiscal policy in dealing with Canada's unemployment, inflation and balance of payments problems. Keynesian policy, monetarism and supply side economics will be studied in detail.

An introductory course for students who may wish to take additional courses in Economics.

Prerequisite: B or better in Principles of Math 11 or Applications of Math 12, or MATH 0510, or equivalent; Principles of Math 12 highly recommended