ECON 111.3
Price Theory and Resource Allocation
1/2(3L)

Shows the student how to understand the individual consumption and production decisions which are made within a market economy, guided by prices and costs. Economic concepts of supply, demand, cost, response to price changes, production, equilibrium, and income distribution are analyzed.

ECON 114.3
Money and Income
2(3L)
Prerequisite(s): ECON 111 recommended.

Shows the student how to understand the collective problems in economic policy, and the choices which face a modern economy. Social accounting, national income, consumption, saving, government spending, taxation, investment, interest rates, money and banking, foreign trade, and balance of payments are analyzed.

ECON 204.6
Statistical Applications in the Social Sciences
1&2(3L-1P)
Prerequisite(s): ECON 111.

An introduction to statistical methods and their application to problems in economics and related disciplines.

Note: Students are not permitted to take both this course and STATS 103, 244, 245, 246, SOC 240, PSY 233 or 234, or QUANT 194 or 295 (or their equivalents) for credit.

Students who have taken other courses in statistics, either from Arts and Science or from another college, should consult "Regulations for Introductory Courses in Statistics" for information on statistics course equivalencies. See "Statistics Courses" in the Index section of the Calendar.

ECON 211.3
Intermediate Microeconomic Theory
1/2(3L)
Prerequisite(s): ECON 111.

Presents the student with a formal analysis of demand, elasticity, cost, production, firm and market equilibrium, competition, monopoly, oligopoly, factor demand and prices, general market equilibrium, and welfare.

Note: Students with credit for ECON 213 may not take this course for credit.

ECON 213.3
Applied Microeconomics
1/2(3L)
Prerequisite(s): ECON 111.

Presents the student with an understanding of consumer and producer behaviour in the market place. Emphasis will be on applied problems and case studies.

Note: Students with credit for ECON 211 may not take this course for credit.

ECON 214.3
Intermediate Macroeconomic Theory
1/2(3L)
Prerequisite(s): ECON 111, 114, and 211 or 213.

Presents the student with a formal analysis of national accounting, the consumption function, investment, public expenditure, taxes, budgets, money and interest, IS-LM analysis of general equilibrium in an open economy, aggregate supply and demand, public policy, inflation, and the rudiments of growth theory.

ECON 221.3
Women and the Economy
1/2(3L)
Prerequisite(s): ECON 111.

An examination of women's changing economic roles. Includes an analysis of labour force participation, wage inequality, gender differences in education, intra-household distribution of resources, economics of reproduction, and how technological change affects women.

ECON 223.3
Labour Economics
1(3L)
Prerequisite(s): ECON 111 and 114.

An economic analysis of the labour market. Topics discussed will include the allocation of the labour force among sectors, industries and occupations and the functions and nature of the labour market. The problem of unemployment and public policy will be considered.

ECON 227.3
Wage Determination
2(3L)
Prerequisite(s): ECON 111 and 114.

A study of the theories of wage determination in various institutional settings. Analysis of the general level of wages and employment will also be considered. Emphasis will be on theoretical models.

ECON 231.3
Co-operatives
1/2(3L)
Prerequisite(s): ECON 111.

The historical background, philosophy and development of co-operatives are studied with special reference to the experience and problems of the prairie economy. Economic problems peculiar to co-operative organization are analyzed.