Current
Academic Calendar
2024/25
Academic Calendar 2024/25
Economics
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English language proficiency requirements Students registering in post-secondary level courses (numbered 100 to 499) will be required to meet the requirements. Students in ELS or the University Foundations programs can register in those courses identified in the with lower levels of language proficiency. |
Please note that not all courses are offered every semester.
3 credits
Principles of Microeconomics
Prerequisite(s): None.
Corequisite(s): None.
Pre- or corequisite(s): None.
Analyzes the decisions of individuals and firms in a market economy, with an emphasis on the use of the price mechanism to allocate resources. Provides a basic framework for evaluating welfare implications of market outcomes and public policies.
3 credits
Principles of Macroeconomics
Prerequisite(s): None.
Corequisite(s): None.
Pre- or corequisite(s): None.
Develops a basic understanding of economy-wide issues. Equips students with the theoretical framework and analytical tools to study the current macroeconomic situation and to evaluate public policies aimed at promoting long-term economic growth, full-employment, and price stability.
3 credits
Selected Topics in Economics
Prerequisite(s): None.
Corequisite(s): None.
Pre- or corequisite(s): None.
This course provides students with an opportunity to investigate a range of topics through application of economic methodologies and analyses. The course will describe, analyze, and account for empirical regularities and phenomena pertaining to various contemporary social, environmental, and economic issues.
Note: This course will be offered under different letter designations (e.g. C-Z) representing different topics. This course may be repeated for credit provided the letter designation differs.
3 credits
Introduction to Game Theory and Strategic Thinking
Prerequisite(s): ECON 100.
Corequisite(s): None
Pre- or corequisite(s): None
The methodology and analytical tools used to study decision making in situations characterized by strategic interaction are considered in this course. To help translate theory into practice, students participate in in-class teaching games.
3 credits
Canadian Economic Issues
Prerequisite(s): ECON 100 and ECON 101.
Corequisite(s): None.
Pre- or corequisite(s): None.
Economic models and methodology are applied to major issues facing Canada, its Indigenous communities, and its relationship with significant trading partners. Students engage in discussion and formal analysis of various economic policy issues related to the challenges examined.
3 credits
Economic and Business Statistics
Prerequisite(s): STAT 106 and one of MATH 111 or MATH 141.
Corequisite(s): None.
Pre- or corequisite(s): None.
The application of statistics for business and economics on real data sets, using industry-standard statistical software for data analysis. Concepts learned in this course will be applied in upper-level courses in economics and business.
Note: This course is offered as BUS 226 and ECON 226. Students may only take one of these for credit.
3 credits
Economic Geography
Prerequisite(s): One of the following: AGRI 142, BUS 100, ECON 100, ECON 101, GDS 100, GEOG 111, or GEOG 140.
Corequisite(s): None.
Pre- or corequisite(s): None.
Concepts and methods of economic geography. Focus on the spatial distribution of and interactions between natural resources and energy, manufacturing, and services in the capitalist economy. Additional consideration of geographies of innovations, competition, and inequality, and of firm location decisions.
Note: This course is offered as GEOG 242 and ECON 242. Students may take only one of these for credit.
3 credits
The Economics of Sport
Prerequisite(s): ECON 100.
Corequisite(s): None.
Pre- or corequisite(s): None.
This course helps develop fundamental economic concepts pertaining to industrial organization, labour, and public finance in the professional sports industry. Economic models are examined in terms of their ability to capture accurately the characteristics of this industry.
3 credits
Selected Topics in Economics
Prerequisite(s): ECON 100 and ECON 101.
Corequisite(s): None.
Pre- or corequisite(s): None.
Provides students with an opportunity to investigate a topic not otherwise addressed in course offerings. Through application of economic methodologies, this course will describe, analyze, and account for empirical regularities and phenomena pertaining to various social, environmental, and economic issues.
Note: This course will be offered under different letter designations (e.g. C-Z) representing different topics. This course may be repeated for credit provided the letter designation differs.
3 credits
Managerial Economics
Prerequisite(s): 45 university-level credits, including ECON 100, and one of MATH 111 or MATH 141.
Corequisite(s): None.
Pre- or corequisite(s): None.
Develops intermediate principles of microeconomic analysis with an emphasis on the application of analytical techniques to economic and business problems. Concentrates on consumer demand, comparative static analysis, determinants of costs and production, the organization and coordination of firms, market structure, pricing strategies, game theory, and strategic interaction.
3 credits
Introductory Econometrics
Prerequisite(s): ECON 100, ECON 101, and STAT 106.
Corequisite(s): None.
Pre- or corequisite(s): None.
Introduces econometric methods to analyze relationships between variables of interest and outcome variables using statistical software. Also includes a basic framework for quantitative analysis.
3 credits
International Trade
Prerequisite(s): 45 university-level credits, including ECON 100 and ECON 101.
Corequisite(s): None
Pre- or corequisite(s): None
Topics discussed include trade theory and policy in general equilibrium, empirical tests and extensions of theoretical trade models, economic growth and international trade, multinational enterprises, globalization of the production process, trade and the environment, and international agreements and disputes.
3 credits
International Capital Markets
Prerequisite(s): 45 university-level credits, including ECON 100 and 101.
Corequisite(s): None.
Pre- or corequisite(s): None.
Economic theory is used to study international financial flows and their implications for regional and national economies including consideration of global financial imbalances, currency unions, international financial architecture, and the cause and impacts of currency attacks and financial crises.
3 credits
Financial Management I
Prerequisite(s): (BUS 143 or BUS 145), BUS 226, and BUS 249.
Corequisite(s): None.
Pre- or corequisite(s): None.
The principles of effective corporate financial management are essential in running any business organization. This course will target various aspects of managing an organization financially, focusing on the theory and application of financial analysis, valuation, capital budgeting, and risk.
Note: This course is offered as BUS 349 and ECON 349. Students may take only one of these for credit.
3 credits
Technological Progress and Economic Growth
Prerequisite(s): 45 university-level credits, including ECON 100 and ECON 101.
Corequisite(s): None
Pre- or corequisite(s): None
Theoretical models of economic growth and technological progress are used to study the sources of economic growth, the impact of technological advances on growth and economic systems, the social-economic factors that influence innovation and diffusion of technology, and public policy.
3 credits
Labour Economics
Prerequisite(s): ECON 100, and one of STAT 104 or STAT 106.
Corequisite(s): None.
Pre- or corequisite(s): None.
Develops models of labour economics and considers their application to the Canadian economy with an emphasis on the interaction between economic theory and empirical evidence.
3 credits
Environmental Economics
Prerequisite(s): 45 university-level credits, including ECON 100.
Corequisite(s): None
Pre- or corequisite(s): None
Explores the relationship between economic activity, government regulation, and environmental outcomes. Students will study the economic framework used to estimate the costs and benefits of environmental regulations in order to evaluate various applied policy questions.
Note: This course is offered as ECON 361 and GEOG 361. Students may take only one of these for credit.
3 credits
Transportation Economics
Prerequisite(s): 45 university-level credits, including ECON 100.
Corequisite(s): None
Pre- or corequisite(s): None
This course presents the economic and financial aspects of markets, policies, and planning for passenger and freight transportation. The economic techniques of impact assessment are applied to transportation projects and regulation.
3 credits
Health Economics
Prerequisite(s): 45 university-level credits, including ECON 100 and one of MATH 111 or MATH 141.
Corequisite(s): None.
Pre- or corequisite(s): None.
This course is designed to introduce the economics of health and health care. It comprises a survey of major topics in health economics and the ongoing debates over health care policy and system designs.
3 credits
Law and Economics
Prerequisite(s): 45 university-level credits, including one of the following: ECON 100, ECON 101, or CRIM 230.
Corequisite(s): None
Pre- or corequisite(s): None
Through detailed study of foundational common law cases, this course will show the role of economic thinking in many aspects of the law by examining the significance of efficiency and transactions costs.
3 credits
Introduction to Behavioural Economics
Prerequisite(s): 45 university-level credits, including ECON 207 and ECON 307.
Corequisite(s): None.
Pre- or corequisite(s): None.
Students will learn what basic psychological phenomena are most important for economic consideration, how to distinguish these phenomena from simple decisions and capture them in economic terms, and how this analysis affects our understanding of basic economic questions.
3 credits
Regulatory Economics
Prerequisite(s): 45 university-level credits, including ECON 100 and ECON 101.
Corequisite(s): None
Pre- or corequisite(s): None
Students will learn the principles and rationale for government regulation of business and examine how these principles are practiced. The structure of markets and their regulatory regime are considered with a particular focus on the Canadian economy.
3 credits
Development Economics
Prerequisite(s): 45 university-level credits, including one of ECON 100 or ECON 101.
Corequisite(s): None.
Pre- or corequisite(s): None.
Applies economic methodology to the policy issues of developing economies. Country cases and cross-country comparative studies are used to illustrate the approach of development economics. Utilizing interdisciplinary perspectives, the economic analysis of development issues is considered alongside their institutional, historical, and geographical contexts.
3 credits
Macroeconomics and Financial Markets
Prerequisite(s): 45 university-level credits, including ECON 100, ECON 101, and one of MATH 111 or MATH 141.
Corequisite(s): None.
Pre- or corequisite(s): None.
Examines macroeconomic phenomena with a focus on the economic function of financial markets. Topics include financial markets and institutions, inflation and unemployment, interest rates in capital markets, savings and investment, business cycles, international finance, and economic growth.
3 credits
Investments
Prerequisite(s): BUS 349.
Corequisite(s): None.
Pre- or corequisite(s): None.
Focuses on developing students' abilities to evaluate investments in securities and extensively assess the theories and application of the risk-return relationship. Students are introduced to portfolio-analysis and performance-measurement techniques and use them in an applied project.
Note: This course is offered as BUS 433 and ECON 433. Students may take only one of these for credit.
3 credits
Risk Management and Financial Engineering
Prerequisite(s): BUS 349.
Corequisite(s): None.
Pre- or corequisite(s): None.
Risk management and financial engineering are sought-after skills in financial markets and institutions. This course introduces the methods that are used to quantify risk and proposes strategies to manage portfolios that include equities, fixed income instruments and derivatives.
Note: This course is offered as BUS 434 and ECON 434. Students may take only one of these for credit.
3 credits
International Financial Management
Prerequisite(s): BUS 349.
Corequisite(s): None.
Pre- or corequisite(s): None.
A study of international financial markets and institutions. Students are introduced to the management of assets and liabilities in an international and multinational setting. Topics covered include foreign exchange risk, interest rate swaps, and international portfolio management.
Note: This course is offered as BUS 435 and ECON 435. Students may take only one of these for credit.
3 credits
Financial Management II
Prerequisite(s): BUS 349.
Corequisite(s): None.
Pre- or corequisite(s): None.
An exploration of the current practices of financial management, with a valuation-based management focus including capital budgeting under uncertainty, capital structure, dividends policy, and mergers and acquisitions.
Note: This course is offered as BUS 449 and ECON 449. Students may take only one of these for credit.
3 credits
Directed Studies in Economics
Prerequisite(s): ECON 101, ECON 307, and permission of the instructor, department head, and dean.
Corequisite(s): None
Pre- or corequisite(s): None
Designed for students who wish to examine a particular topic in economics beyond the scope or depth offered in other available courses. Course content and approach are determined in consultation with the instructor and approval is required prior to registration.
3 credits
Selected Topics in Economics
Prerequisite(s): 60 university-level credits including ECON 226 and ECON 307.
Corequisite(s): None.
Pre- or corequisite(s): None.
Provides students with an opportunity to investigate a topic not otherwise addressed in course offerings. Through application of economic methodologies, this course will describe, analyze, and account for empirical regularities and phenomena pertaining to various social, environmental, and economic issues.
Note: This course will be offered under different letter designations (e.g. C-Z) representing different topics. This course may be repeated for credit provided the letter designation differs.
Last updated: May 14, 2024