Economics Courses
Prerequisites are in place to help students succeed in their Economics classes. If prerequisites are not met, special permission will rarely be granted to take an Economics course.
ECON 1101 The Canadian Economy (3 credits)
(formerly ECON 101)
This course will provide the student with an economics framework for the analysis of the Canadian economy. Topics will include supply and demand, economic goals, monetary policy, fiscal policy and market structure. Issues of current economic interest will be discussed. Students who have credit for both ECON 1150 and ECON 1250 are precluded from taking ECON 1101 for further credit. To find out where this course transfers, check the BC Transfer Guide
Prerequisite: English 12 with a grade of "C" or better or approved equivalent (see above for equivalents) and BC Principles of Math 11 or successful completion of the Business Readiness Assessment.
Lecture: 3; Seminar: 1
Offered: Fall, Winter and Summer
ECON 1103 - Globalization And The World Economy
Globalization and the World Economy provides an overview of the broad economic trends in the development of the world economy since the second world war. The course will address the major debates relating to economic interdependence, economic development and growth, the patterns of international trade and investment, global financial markets, natural resource scarcity, and the role of major multilateral economic institutions such as the World Bank and IMF. The course will also introduce some of the main economic theories which have played a significant role in these debates. The material presented in this course will appeal to anyone looking for a deeper understanding of contemporary world events in the economic, political and social spheres.
To find out where this course transfers, check the BC Transfer Guide
Prerequisite: NoneLecture: 3; Discussion: 1
Offered: Fall and Winter
ECON 1110 Economic History I (3 credits)
(formerly ECON 110)
Productive resources have been organized in many ways by societies, from free peasant and slave economies to feudal economies and finally to the hybrids of capitalism and socialism that we currently observe. This course will provide students with an economics perspective on the development of society from the dawn of civilization up to and inclusive of, the Industrial Revolution. Theories of economic development will be discussed and the impact of changing economic circumstances on the development of civilization, religion, social organization, government and economic thought will be examined.
To find out where this course transfers, check the BC Transfer Guide
Prerequisite: None
Lecture: 3; Seminar: 1
Not Offered: 2008/2009
ECON 1111 Canadian Economic History (3 credits)
(formerly ECON 111)
Canada has developed from being a small number of isolated Maritime settlements into a modern economy enjoying membership in the G-7, a group of seven industrialized democracies that includes Germany, Japan and the United States. This course examines that progression. Special attention will be paid to the relationship of Canada within the British Empire, theories of Canadian economic development and the role of government legislation since Confederation. To find out where this course transfers, check the BC Transfer Guide
Prerequisite: English 12 with a grade of "C" or better or approved equivalent (see above for equivalents) and BC Principles of Math 11 or successful completion of the Business Readiness Assessment. One course in Economics is recommended.
Lecture: 3; Seminar: 1
Offered: Fall
ECON 1125 Economic Thought (3 credits)
(formerly ECON 125)
This course provides the student with a preliminary approach to exploring fundamental issues of economic analysis, with a focus on understanding the nature of capitalism. Presentation of the ideas of prominent economists, such as Adam Smith, Karl Marx and J.M. Keynes, who have shaped and challenged our understanding of the laws that regulate economic society, will be a prelude to discussing contemporary issues in economic thought. To find out where this course transfers, check the BC Transfer Guide
Prerequisite: English 12 with a grade of "C" or better or approved equivalent (see above for equivalents) and BC Principles of Math 11 or successful completion of the Business Readiness Assessment.
Lecture: 3; Seminar: 1
Offered: Winter
ECON 1150 Principles of Microeconomics (3 credits)
(formerly ECON 150)
This course will provide the student with the principle elements of theory concerning the functioning of the price system, utility theory and consumer behaviour, production and costs, market structure, factor pricing and government microeconomic policy. To find out where this course transfers, check the BC Transfer Guide
Prerequisite: English 12 with a grade of "C" or better or approved equivalent (see above for equivalents) and BC Principles of Math 11 or successful completion of the Business Readiness Assessment.
Lecture: 3; Seminar: 1
Offered: Fall, Winter and Summer
ECON 1201 Issues in Economic Development (3 credits)
(formerly ECON 201)
This course will provide the student with a description of some of the economic conditions in third-world countries, and an analysis of the factors promoting and hindering the process of economic development in those countries.
Prerequisites: one economics course
Lecture: 3; Seminar: 1
ECON 1210 Economic History II (3 credits)
(formerly ECON 210)
This course will provide the student with an analysis of the economic development of Western Europe and North America from the industrial period to the present. A comparison will be made between the different economic systems under which people live in the twentieth century.
To find out where this course transfers, check the BC Transfer Guide
Prerequisite: None
Lecture: 3; Seminar: 1
Offered: Summer
ECON 1250 Principles of Macroeconomics (3 credits)
(formerly ECON 250)
This course will provide the student with a framework for the analysis of models of income determination. The components of national income will be examined in the context of these models. Theory relating to the role of money and the potential role of government in the maintenance of both internal and external balance will be presented. To find out where this course transfers, check the BC Transfer Guide
Prerequisite: English 12 with a grade of "C" or better or approved equivalent (see above for equivalents) and BC Principles of Math 11 or successful completion of the Business Readiness Assessment. Economics 1150 is recommended.
Lecture: 3; Seminar: 1
Offered: Fall, Winter and Summer
ECON 2280 Introduction to Labour Economics (3 credits)
This introduction to labour economics develops an analytical framework for thinking about issues and policies related to the labour market. It will provide an overview of the institutional aspects and recent trends in the Canadian labour market. This course provides the student with an understanding of the demand for and supply of labour in the Canadian labour market and explains labour market participation. It examines the nature of the labour market by developing models to explain wage determination and issues relating to employment discrimination. Government policies towards wage setting, unemployment, education, and retraining will be discussed.
To find out where this course transfers, check the BC Transfer GuidePrerequisites: ECON 1150 and ECON 1250
Lecture: 3; Seminar: 1
ECON 2350 Managerial Economics (3 credits)
(formerly ECON 350)
This course develops and applies economic theory and methods to business and administrative decision-making. Prospective managers will learn a set of operating rules that aid in the efficient utilization of scarce human and capital resources. To that end, optimization techniques are employed to determine appropriate courses of action for decision-makers and case studies are examined to apply economic analyses to practical situations.
To find out where this course transfers, check the BC Transfer Guide
Prerequisite: ECON 1150 and 1250 and MATH 1125
Lecture: 3; Seminar: 1
Offered: Winter
ECON 2408 Money and Banking (3 credits)
(formerly ECON 408)
This course is an introduction to monetary economics and its policy applications in a Canadian setting. Attention is directed to the microeconomic aspects of financial intermediation, including the role of deposit-taking institutions and the re-regulation of the financial markets. The term structure of interest rates and the concepts of duration and interest rate risks are also considered. The course concludes with an examination of the conduct of monetary policy by the Bank of Canada under different policy and exchange rate systems.
To find out where this course transfers, check the BC Transfer Guide
Prerequisite: ECON 1150 and ECON 1250
Lecture: 3; Seminar: 1
Offered: Fall, Winter
ECON 2418 History of Economic Thought (3 credits)
(formerly ECON 418)
The ideas of economists, such as Adam Smith, Karl Marx and J.M. Keynes, have shaped and challenged our understanding of the forces that regulate economic society. An examination of these ideas will provide a framework within which one can derive and apply the main tools ? or principles ? of economic analysis. Special attention is placed on understanding the nature of capitalism and how changes in the social, political and economic environment result in the evolution of economic thought.
To find out where this course transfers, check the BC Transfer Guide
Prerequisite: ECON 1150 and ECON 1250
Lecture: 3; Seminar: 1
ECON 2460 Environmental Economics (3 credits)
(formerly ECON 460)
Industrial societies incur environmental damage, in part, because the full cost of economic activities are not reflected in the market prices that direct production. This course examines market failure and applies microeconomic principles to markets for environmental resources. Methods of measuring the damages that result from polluting activities and the benefits of improving environmental quality, are examined. The economic principles of pollution control and case studies in Canadian and international environmental regulation are discussed.
To find out where this course transfers, check the BC Transfer Guide
Prerequisite: ECON 1150
Lecture: 3; Seminar 1
Offered: Winter
ECON 2490 Canadian Microeconomic Policy (3 credits)
(formerly ECON 490)
Microeconomics is the study of how resources are allocated by individual decision-makers in their market pursuits. In a modern industrial economy like Canada’s, it is also true that government policy influences the allocation of resources. Canadian Microeconomic Policy utilizes principles of microeconomics to examine policy issues such as: government controlled prices and quantities, marketing boards, tax policy, competition policy, regulation of industry, trade policy and environmental protection.
To find out where this course transfers, check the BC Transfer Guide
Prerequisites: ECON 1150 and ECON 1250
Lecture: 3; Seminar: 1
Offered: Fall
ECON 2491 Canadian Macroeconomic Policy (3 credits)
(formerly ECON 491)
This course utilizes the principles of macroeconomics to examine current macroeconomic policy issues. A variety of issues such as the cost of inflation and unemployment; the causes and effects of the government deficit and debt; the relationship between inflation, interest rates and the exchange rate; and the macroeconomic effects of free trade agreements will be examined. Recent monetary, fiscal and exchange-rate policies will be discussed thoroughly. Practical applications of basic macroeconomic theory will be stressed in this course.
To find out where this course transfers, check the BC Transfer Guide
Prerequisites: ECON 1150 and ECON 1250
Lecture: 3; Seminar: 1
Offered: Winter
ECON 3300 North American International Trade Issues
(3 credits)
(formerly ECON 300)
North America International Trade Issues is a post-principles course examining international trade theory and policy. This course will examine a variety of trade issues including incentives to engage in trade, the motivation for and the effects of barriers to trade and the impact of major trade agreements. The primary objective of this course will be to examine real-world trade issues and policies in a North American context.
To find out where this course transfers, check the BC Transfer Guide
Prerequisites: ECON 1150 and ECON 1250
Lecture: 3; Seminar: 1
Not offered 2009
ECON 3101 Introduction to Public Policy and Administration(3 credits)
This course introduces students to economic decision-making in the public sector. The role of taxation, expenditure, and economic regulation in the design of social policy is explained and analyzed. Students will apply the principles, and analyze the practices, of public management in the context of the Canadian economy. This course allows students to explore and critically evaluate the differences between private sector and public sector decision-making in reference to resource valuation, resource allocation and provision of public services. It provides an explanation and analysis of the many public institutions in Canada under the federal, provincial and municipal authority, and their role in regulating economic behaviour. It examines the role of the bureaucracy in the context of changing domestic and international forces.
To find out where this course transfers, check the BC Transfer Guide
Prerequisites: ECON 1150
Lecture: 3; Seminar: 1
ECON 3450 Intermediate Macroeconomics (3 credits)
(formerly ECON 450)
This course will provide the student with the main concepts and methods of analysis for such macroeconomic variables as consumption, investment, government spending and foreign trade. The Classical and Keynesian models of income and employment theory will be compared. Monetary theory, rational expectations, the open economy, economic fluctuations and growth will be examined.
To find out where this course transfers, check the BC Transfer Guide
Prerequisite: ECON 1150 and 1250
Lecture: 3; Seminar: 1
Not offered: 2008/2009
ECON 4412 Introduction to Model Building in Economics and Commerce (3 credits)
(formerly ECON 412)
This course will involve the student in the task of forming explicit quantitative models as they are used in economics and commerce. Quantification and types and sources of data available to economics and commerce students are considered. Emphasis is on the development of the skills needed in empirical model building.
Prerequisites: (Math 12 or Math 1102) and ECON 1150 and ECON 1250
Lecture: 3; Seminar: 1
ECON 4495 Introduction to Econometrics (3 credits)
(formerly ECON 495)
This course builds on the students' knowledge of statistics and introduces them to econometric techniques. Topics covered include linear regression, multiple regression and the problems in regression analysis. Emphasis will be placed on application of the methods discussed in lecture.
Prerequisite: BUSN 430
Lecture: 4