ECON 201 Intermediate Microeconomic Theory I [AR]
An introduction to the basic concepts of modern microeconomic theory, this course examines the demand-supply model, consumer theory, production theory, and the purely competitive model, using numerical examples and graphs as aids. Three credits.
ECON 202 Intermediate Macroeconomics I
This is the first of two half-courses on intermediate macroeconomics. Students will examine the structure of, and behavior underlying, contemporary national economies with emphasis on the policies developed to gear them towards the public interest. This course focuses on the Keynesian and classical models of closed economy for explaining what determines national income, employment, unemployment, prices, inflation, and the interest rate. Three credits.
ECON 211 Local and Community Development Economics
Beginning with theories of local and community economic development and welfare, this course provides and economic analysis of community needs and resources (human resources, capital nad natural resources, infrastructure). Students will examine interactions within the community and between the community and the outside world, exploring approaches to local and community economic development and planning. Three credits.
ECON 232 History of the Canadian Economy up to 1867
This course begins with the era of first contact between Europeans and Native peoples within the context of the Atlantic economy. The emergence of early staples in response to a complex set of international forces is examined in detail. Attention to the political economy leading to Confederation and the creation of transcontinental economy is also given special attention. A historical perspective and multi-disciplinary approach will be applied through the course. Three credits. Subject to Senate approval.
ECON 241 Canadian Economic Policy and Problems [AR]
Covers policy issues and problems in the Canadian economy. Topics include: employment and unemployment; poverty and income distribution; productivity, education and the ‘brain drain’; health care and the social welfare safety net; trade and globalization; the environment and sustainable development; the primary sectors, regional disparity; and the new economy. Topics that reflect strong student interest and/or new issues may be added. Three credits.
ECON 271 Quantitative Methods in Economics
Introduces students to quantitative methods used in analyzing economic data. Topics include: graphical approaches to solving economic problems; linear and non-linear representations of economic behavior; models in economic analysis; index numbers; hypothesis testing, correlation, and linear regressions. Students will use software (Excel, STATA, SPSS) to analyze economic data. Prerequisite: permission of the instructor. Three credits and lab.
ECON 281 Environmental Economics [AR]
As an introduction to the relationship between human economic activity and the environment, this course explores the economic concepts used to analyze the causes, consequences, and possible solutions to local and global environmental issues. Topics include: market failure; property rights; externalities; public goods; environmental valuations; environmental policies dealing with pollution and global issues such as global warming, ozone depletion, biodiversity, and sustainability. Prerequisite: ECON 101. Three credits.
291 Economics of Leisure, Recreation & Sports
This course includes topics related to choices about the time individuals do not spend working. It deals with aspects of the economics of leisure and labour supply; the valuation of time; outdoor recreation; the economics of sports; the economics of dating and marriage; the economics of crime and the consumption of addictive goods; the economics of gambling and other addictive behaviour associated with the consumption of leisure, and the economics of the entertainment industry. Prerequisite: ECON 101. Three credits.