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Economics  

383-920-RE    3-0-3      2 cr.
Macroeconomics
This initiation course introduces concepts necessary for understanding the Canadian economy within a global context, and the various government policies used to manage it. It also introduces the basic economic problem all countries face, and how various countries differ in their approaches to solutions (e. g., capitalist, socialist). Major focuses are the key variables that reflect Canadian economic health (i.e., inflation, national output/income (GDP), and unemployment), and how government policy attempts to improve economic performance in these areas. Included will be the analysis of consumer and firm spending, government fiscal and monetary policy, the banking system and international trade/finance.

383-924-90     3-0-3      2 cr.
International Economics

(Recommended Prerequisite: 383-920-90)
This course provides understanding of international economic interactions and the role of multinational enterprises (MNEs). An assessment of rationales for inter-country trade and foreign investment, as well as an understanding of balance of payments and exchange rates are included. MNE behaviours are analyzed in terms of global strategies and management of marketing, finance, and personnel.

383-301-HR     3-0-3      2 cr.
Microeconomics
This course is concerned with the determination of prices, output and employment within individual commodity and factor markets. It delves into the motivating forces behind actions of producers and consumers who are the principles in market interactions. Topics to be covered are: supply and demand, consumer behaviour, production/cost, market structure and pricing.

383-A02-HR     3-1-3     2 1/3 cr.
Business Economics

The focus of this course is on the use of Macroeconomic information for management purposes. The student will be exposed to the process of searching for Macroeconomic information, analyzing the information and producing reports for management purposes. Topics to be covered will include an introduction to the field of Economics, measurement of economic health for a country, analysis of Macroeconomic activity and an assessment of government Fiscal and Monetary policies as they impact business activity.

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