Elements of theory and Canadian policy and institutions concerning the economics of markets and market behaviour, prices and costs, exchange and trade, competition and monopoly, distribution of income. [3-0-0]
Elements of theory and Canadian policy and institutions concerning the economics of growth and business cycles, national income accounting, interest and exchange rates, money and banking, the balance of trade. [3-0-0]
Microtheory course at the post-principles level. Analysis of consumer behaviour, production, exchange, equilibrium of the firm under varying market structures, factor markets, economic efficiency, and welfare. [3-0-1] Prerequisite: ECON 101 and one of MATH 100, MATH 116.
Macrotheory course at the post-principles level. Income and employment theory, monetary and fiscal policies, the impact of international trade and finance on the domestic economy, economic growth and fluctuations. [3-0-1] Prerequisite: ECON 102 and one of MATH 100, MATH 116.
Game theory with applications drawn from many disciplines and the principles of strategic interactions. [3-0-0] Prerequisite: All of ECON 101, ECON 102.
Visualization and interpretation of economic data. Topics include descriptive statistics, graphical methods, and inference, and applying these methods to economic data. Credit will be granted for only one of ECON 225 or ECON 391M. [3-0-0] Prerequisite: One of ECON 101, ECON 102.
Evolution of economic thinking from ancient to present times. The Greek, Islamic, and Medieval scholars; the Physiocrats, Adam Smith, Malthus, Bentham, Ricardo, Mill, Marx, Keynes, and other major economic thinkers. Development of fundamental economic ideas and conflicting perspectives are studied within their social and economic context. [3-0-0] Prerequisite: All of ECON 101, ECON 102.
Economic analysis of poverty and inequality in Canada and other countries. Measurement and definition of poverty and inequality; demographic analysis of poverty and inequality, and distribution by age, sex, and region in Canada. Public policy issues of welfare, workfare, and social assistance. No economics background needed. [3-0-0]
Economic foundations of managerial decision-making. Demand theory, cost and production, market structure, competitive strategy, organization of the firm, welfare-economic foundations of business regulation. [3-0-0] Prerequisite: All of ECON 101, ECON 102.
Application of economic analysis to sports. [3-0-0] Prerequisite: All of ECON 101, ECON 102.
Factor markets, general equilibrium, uncertainty and information, contract theory, externalities, public goods, and welfare. [3-0-0] Prerequisite: ECON 204.
Intermediate Macroeconomic theory and empirics. Macroeconomic fundamentals in the short and long run, monetary theory, open economy macroeconomics, financial markets, and sovereign debt. [3-0-0] Prerequisite: All of ECON 204, ECON 205.
Develop clear and effective writing skills for communicating economic concepts to the general public. Credit will be granted for only one of ECON 310 or ECON 391Q. [3-0-0] Prerequisite: 6 credits of ENGL, and a minimum of 6 credits of upper-level ECON courses.
Application of single and multivariable calculus to economics. Includes comparative static analysis of household and firm behaviour as well as simple dynamic models. [3-0-0] Prerequisite: All of ECON 101, ECON 102 and one of MATH 101, MATH 142.
Methodology, design and techniques of experimental economics. Participation in various in-class experiments and market simulations. [3-0-0] Prerequisite: One of ECON 204, ECON 205, ECON 221, ECON 295.
The essentials of probability and statistics for applied work in economics. Topics include descriptive statistics, probability, estimation, hypothesis testing, and analysis of variance. [3-0-1] Prerequisite: All of ECON 101, ECON 102, ECON 225 and one of MATH 101, MATH 142.
Techniques of empirical economic research. Simple and multiple regression, time series analysis, and simultaneous equation estimation. Students are required to undertake applied work. [3-0-1] Prerequisite: ECON 327.
Development of the world economy, from ancient times to the onset of the Industrial Revolution around 1800 and the unique influence of Western Europe. Provides a long-term historical perspective and an opportunity to apply economic analysis. [3-0-0] Prerequisite: All of ECON 101, ECON 102.
Development of the world economy, from the onset of the Industrial Revolution around 1800 to the present. Broad causes of world economic development, interaction between economic forces and social institutions, and development of particular national economies. [3-0-0] Prerequisite: All of ECON 101, ECON 102.
Introductory analysis of the Austrian School of Economics - known for its systematic defence of private property rights, sound money, free enterprise, and free markets. Credit will be granted for only one of ECON 338 or PHIL 361. [3-0-0] Prerequisite: All of ECON 101, ECON 102. or 3 credits of PHIL. Third-year standing. Equivalency: PHIL 361
Application of economic analysis to technological change; impact of technological change on the growth and distribution of income; economic influences on the invention and diffusion of technology; interaction between technology, work, skills, and education; public policy toward technological change. [3-0-0] Prerequisite: All of ECON 101, ECON 102.
Fundamental topics in financial economics, including net present value, risk and expected return, valuing bonds and equities, the capital asset pricing model, futures and options, and international investing. [3-0-0] Prerequisite: All of ECON 101, ECON 102.
Financial markets and financial institutions in theory and practice; structure and development of the Canadian financial system; development and theory of the regulation of the financial system; process of monetary control; theory and history of central banking and monetary policy. [3-0-0] Prerequisite: All of ECON 101, ECON 102.
Monetary theory and practice. Demand for money. Goals, strategies and tools of central banks. Theory and practice of the interactions between money and other economic variables. Recent policy issues, such as digital currency. Credit will be granted for only one of ECON 347 or ECON 391W. [3-0-0] Prerequisite: All of ECON 101, ECON 102.
Economic analysis of markets and policies particularly affecting women. Economic discrimination; educational, occupational, and work choices; pay and employment equity; allocation of work time; household and market consumption; economics of marriage and fertility; poverty; taxation; income security and pension policies; and historical perspectives. [3-0-0] Prerequisite: All of ECON 101, ECON 102.
The government plays a pervasive role in the Canadian economy. The powerful tools of government policy - taxation, spending, borrowing, and regulation - affect the economic life of every Canadian. This course applies the tools of economic analysis to the study of some of the most important aspects of public policy in these areas. [3-0-0] Prerequisite: All of ECON 101, ECON 102.
Examination of why cities exist, their internal structure, intra-city transportation, local public goods, and policy applications. Credit will be granted for only one of ECON 353 or ECON 391T. [3-0-0] Prerequisite: ECON 204 and one of ECON 225, STAT 230.
The determinants of trade patterns, trade policy, tariff and non-tariff barriers to trade, political economy of protectionism, bilateral and multilateral trade disputes, trade liberalization, trade and development. [3-0-0] Prerequisite: All of ECON 101, ECON 102.
Exchange rate policy regimes; international financial organizations; the interaction between monetary policy and exchange rate regimes; financial crises. [3-0-0] Prerequisite: All of ECON 101, ECON 102.
Emphasis on the major economies in North America, Europe, and East Asia. Determinants of competitiveness in nations and corporations, industrial and strategic trade policies of governments, importance of high-technology industries, role of multinational corporations. [3-0-0] Prerequisite: All of ECON 101, ECON 102.
Canadian labour market. Labour supply, allocation of time among work and non-market activity, labour force participation, education and training. Determination of and effect of unions on wages and employment. Wage structure and differentials. [3-0-0] Prerequisite: All of ECON 101, ECON 102.
Economic aspects of industrial relations in Canada; why workers join unions; theory of trade union behaviour; labour movement in Canada; wage determination under collective bargaining; causes of strikes and lockouts; unions and wage structure. [3-0-0] Prerequisite: All of ECON 101, ECON 102.
The role of economics in health, healthcare, and health policy. Topics include economic determinants of health, minority health and health equity, health economic evaluation, demand for healthcare and health insurance, health risk behaviours, and public policy and health outcomes. Credit will be granted for only one of ECON 363 or ECON 391V. [3-0-0] Prerequisite: All of ECON 101, ECON 225.
Techniques and problems in benefit-cost analysis of public projects. Examination of alternative approaches to public decision-making such as cost-effectiveness analysis and multiple-objective frameworks. Case studies of projects in the areas of natural resources, the environment, human resources, public services, and transportation. [3-0-0] Prerequisite: Either (a) all of ECON 101, ECON 102 or (b) ENGR 305.
Economic analysis applied to various environmental issues, including sustainable development, quality of life, and environmental impacts of specific industrial and consumption activities. The design and implementation of government policies. Global environmental effects of human economic activity. [3-0-0] Prerequisite: All of ECON 101, ECON 102.
Application of economic analysis to the management of renewable and nonrenewable natural resources. Optimal use of depletable resources such as forests and water; public policy with regard to conservation and outdoor recreation; mineral economics and the economics of alternative energy sources. [3-0-0] Prerequisite: All of ECON 101, ECON 102.
Survey of the behaviour and performance of firms. Determinants and measures of market structure, oligopoly theory, strategic behaviour, predation, entry deterrence, advertising, regulation, and competition policy. [3-0-0] Prerequisite: All of ECON 101, ECON 102, ECON 204.
Examination of selected topics in current economic theory and/or policy. Topics vary each time the course is offered. With different topics, the course can be taken more than once for credit. [3-0-0] Prerequisite: All of ECON 101, ECON 102.
Advanced analysis of consumer theory, market supply and demand, competition, general equilibrium, the theory of the firm, and the economics of information and uncertainty. [3-0-0] Prerequisite: ECON 204 and one of MATH 100, MATH 116 and one of MATH 101, MATH 142. and third-year standing.
Advanced treatment of the core topics in macroeconomics such as the business cycle, inflation, unemployment, growth, alternative exchange rate regimes, and fiscal and monetary policy. [3-0-0] Prerequisite: ECON 205 and one of MATH 100, MATH 116 and one of MATH 101, MATH 142. and third-year standing.
Advanced topics in economic growth theory and their applications to Real Business Cycle theory. Topics include exogenous and endogenous growth theory, Neoclassical and New Classical growth theory. [3-0-0] Prerequisite: All of ECON 204, ECON 205 and one of MATH 100, MATH 116. and third-year standing.
Advanced treatment of estimation, inference, and econometric problems and techniques with focus on both theoretical and applied methods and with application to a variety of economic models. [3-0-0] Prerequisite: ECON 328. or 3 credits of ECON and 3 credits of upper-level STAT.
Economic analysis of urban economies and urban problems. Agglomeration economies, public goods, taxation, local political economy, housing, and development. [3-0-0] Prerequisite: ECON 328 and one of ECON 308, ECON 386.
Self-directed, collaborative studies, in a group-learning environment, initiated and coordinated by senior undergraduate students with the supervision of a faculty sponsor. Course structure, enrolment and delivery methods will comply with the Student Directed Seminars Guidelines. At least third-year standing and permission of the Department are required. [0-0-3]
Advanced examination of selected topics in current economic theory and/or policy. Topics vary each time the course is offered. [3-0-0] Prerequisite: All of ECON 204, ECON 205 and one of MATH 100, MATH 116 and one of MATH 101, MATH 142. and third-year standing.
Examines a specific topic in economics under the supervision of an Economics faculty member. With agreement of the dean of the faculty, and the supervising faculty member, a student may take and receive credit for this course more than once. Prerequisite: All of ECON 204, ECON 205. and permission of the department. The credit value for this course will be determined in consultation with the student prior to the registration.
Reports and group discussions of selected topics for fourth-year Honours students. Development of a research proposal. [0-0-3] Prerequisite: Admission to the B.A. or B.Sc. Economics Honours Program
Reports and group discussions of selected topics for fourth-year Honours students. Development of a research proposal. [0-0-3] Prerequisite: Admission to the PPE Honours Program with an emphasis in Economics (option C) or Law (option D).
Supervised investigation of an assigned topic in public policy. Requires a significant amount of independent reading and analysis, and production of a major term paper at the end of the course. Prerequisite: Fourth-year standing in the PPE Major program with an emphasis in Economics (option A) and permission of the instructor.
Supervised investigation of an interdisciplinary topic relevant to PPE. Requires a significant amount of independent reading and analysis, and production of a major term paper at the end of the course. Prerequisite: ECON 496 and permission of the instructor.
Essay on some theoretical, applied, or institutional problem and a formal presentation of the findings. Prerequisite: ECON 495.