Academic Calendar 2024/25

Economics


English language proficiency requirements

Students registering in post-secondary level courses (numbered 100 to 499) will be required to meet the English language entrance proficiency requirements. Students in ELS or the University Foundations programs can register in those courses identified in the University Foundations program with lower levels of language proficiency.

Please note that not all courses are offered every semester.

ECON 100

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.

ECON 101

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.

ECON 199

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.

ECON 207

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.

ECON 215

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.

ECON 226

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.

ECON 242

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.

ECON 285

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.

ECON 299

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.

ECON 307

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.

ECON 326

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.

ECON 341

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.

ECON 342

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.

ECON 349

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.

ECON 352

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.

ECON 360

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.

ECON 361

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.

ECON 365

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.

ECON 375

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.

ECON 388

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.

ECON 395

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.

ECON 397

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.

ECON 398

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.

ECON 410

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.

ECON 433

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.

ECON 434

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.

ECON 435

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.

ECON 449

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.

ECON 490

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.

ECON 499

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

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