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

ECON 4100
ECON 4100
International Financial Markets (3,0,0) 3 credits
An introduction to international financial markets, including those for foreign currency and assets. Topics include: the domestic operations of foreign financial institutions; the multinational activities of these institutions and of Canadian financial firms; and actual and optimal regulatory risk in the face of national treatment, Herstadt and country risk.
Prerequisite: ECON 3100 or equivalent (grade of C- or better), and either BUEC 2040 (grade of C+ or better) or ECON 2900 (grade of C- or better)
BUEC 4110
BUEC 4110
Financial Institution Management (2,2,0) 3 credits
This course examines the techniques of risk measurement and management and applies them to various financial institutions.
Prerequisite: ECON 3100 (grade of C- or better) and either BUEC 2040 (grade of C+ or better) or ECON 2900 (grade of C- or better)
ECON 4320
ECON 4320
Econometrics (3,0,0) 3 credits
This course examines the theoretical properties and applications of the commonly used basic econometric techniques. After covering the classical regression techniques to estimate socio-economic relationships, the course focuses on problems with econometric techniques such as: model error and specification issues, dummy variables, dynamic models, nonlinear models, limited dependent variables, the identification and estimation of systems of equations. It provides hands-on exposure to the techniques through the utilization of a general econometric’s computer software package.
Prerequisite: BUEC 3330, BUEC 2330 or STAT 3060 (grades of C- or better)
BUEC 4330
BUEC 4330
Forecasting in Business and Economics (3,0,0) 3 credits
This course considers the problems which both arise in predicting economic activity, and in designing then implementing policies to control the relevant economic variables. A range of alternative forecasting techniques will be discussed and critically reviewed, then applied to the Canadian and B.C. economies.
Prerequisite: Either ECON 2900, ECON 2950, or BUEC 2040 and either BUEC 2330, BUEC 3330 or STAT 3060 (grades of C- or better); 60 credits
ECON 4500
ECON 4500
Economics of Taxation (3,0,0) 3 credits
The economic analysis of taxation. Equity and efficiency; optimal taxation theory; partial and general equilibrium analysis of incidence; analysis of taxes such as the personal and corporate income taxes, sales and excise taxes, payroll tax and property tax.
Prerequisite: Either BUEC 2040 (grade of C+ or better) or ECON 2900 (grade of C- or better)
ECON 4550
ECON 4550
International Trade (3,0,0) 3 credits
An introduction to the pure theory of international trade. Topics include: the causes of trade and the gains from trade; factor-proportions theory; imperfect competition and returns to scale as determinants of the pattern of trade; protectionism.
Prerequisite: Either ECON 2900 (grade of C- or better), or BUEC 2040 (grade of C+ or better)
Note: students who have taken BUEC 2040 will be required to read some background material on the theory of consumer choice
ECON 4560
ECON 4560
International Macroeconomics and Finance (3,0,0) 3 credits
This course will analyze exchange rates, the balance of payments, the history of the international financial system, purchasing power and interest rate parity, international macroeconomic models, the efficiency of the foreign exchange market, the importance of the risk premium, exchange rate volatility and other topics.
Prerequisite: ECON 2950 and either BUEC 2330 or BUEC 3330 (grades of C- or better)
ECON 4660
ECON 4660
Industrial Organization (3,0,0) 3 credits
This course examines theories of the firm, market structure models, business strategies, the role of information and advertising, international trade, and market structure.
Prerequisite: ECON 2900 (grade of C- or better) or BUEC 2040 (grade of C+ or better)
ECON 4720
ECON 4720
Sustainable Economic Development (3,0,0) 3 credits
This course examines theories and issues, internal and external challenges and alternative policy options for sustainable economic development. Topics include a comparative analysis of the leading theories of economic growth, development and sustainability; lack of economic growth, poverty and income distribution, consequences of population growth and technological change; employment and migration, human capital, agriculture and rural development, international trade and commercial policy, foreign investment and aid; global integration, economic transition and environmental degradation. The topics will be discussed as they relate to sustainable development.
Prerequisite: Either ECON 2900, ECON 2950 (grades of C- or better), or BUEC 2040 (grade of C+ or better)
ECON 4990
ECON 4990
Special Topics in Economics
Credits for this course will be determined as per Policy ED(24) 8-0. The subject matter will vary from semester to semester depending upon the interests of faculty and students.
Prerequisite: Permission of the Department of Economics