Economics (EC) |
CREDITS |
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EC |
111 |
Microeconomics |
3 |
Microeconomics deals with the choices we make under conditions of scarcity. The study of economics introduces student to analytical and problem-solving techniques that can be applied to consumer behaviour, production decisions, market structures, and the price mechanism. This knowledge enables better decisions in business, private, and public life. Prerequisite: Grade 12 math or equivalent. |
|
EC |
211 |
Macroeconomics |
3 |
Macroeconomics extends the principles learned in microeconomics to the national economy. The health of the economy is measured using gross domestic product (GDP), inflation, and employment. Business cycles, money and banking inform the monetary and fiscal policy that guides the maintenance of a healthy, growing, and prosperous country. Prerequisite: Grade 12 math or equivalent. |
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EC |
300 |
Urban and Real Estate Economics |
3 |
This course examines urban land markets and the development of cities using key economic principles. These principles are used to analyze urban real estate market demand, land use, land value, location and growth over time. Prerequisite: EC 111. |
|
EC |
301 |
Changing Global Economy |
3 |
Economic globalization is the global integration of national economies, encompassing trade, production, finance, and labour allocation. The main drivers of globalization have been the technological revolutions in communications and information processing, and a liberalizing, pro-market orientation to national and international economic policy making. The theory, evidence, and policy related to globalization are examined. As a result, a critical understanding of globalization issues is developed. Prerequisite: EC 211. |
|
EC |
376 |
Economic Development in Developing Countries |
3 |
This course examines the causes of widespread poverty in the less developed regions of Africa, Asia, and Latin America. Other aspects of this course include the examinations of the economic and non-economic circumstances of these regions, the uneven distribution of economic development and growth, and possible cures to poverty. An examination of economic development issues include: debt crisis, education and development, foreign aid, the role of women in development, multinational corporations, impact of health in development and international trade regimes. Prerequisite: none. Co-requisite: none. |
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