ECON - Economics

Offered By:
Faculty of Arts

Below are the courses available from the ECON code. Select a course to view the available classes, additional class notes, and class times.

ECON 101 - Introduction to Microeconomics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

How markets and governments determine which products are produced and how income is distributed in the Canadian economy. Not open to students with credit in ECON 204.


ECON 102 - Introduction to Macroeconomics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Employment, inflation, international payments, monetary policy, and fiscal policy, all in the Canadian economy. Prerequisite: ECON 101 or consent of Department. Not open to students with credit in ECON 204.


ECON 109 - Basic Writing in Economics I View Available Classes

★ 3 (fi 6)(EITHER, 0-3S-0)

The course will introduce students to basic writing in the economics discipline. The focus is on developing the ability to write clearly on economic concepts, as well as illustrating results of data analysis. ECON 109 is a prerequisite for all ECON courses at the 300- and 400-level. ECON 109 will be waived as a prerequisite upon completion of the Assessment of Reading, Comprehension, and Writing in Economics. Students who have successfully completed the Assessment of Reading, Comprehension, and Writing in Economics will not be permitted to enroll/receive credit in ECON 109. Students can contact the Department of Economics for more information about the Assessment. Prerequisite: ECON 101.


ECON 203 - Selected Topics in Economics I View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Content varies from year to year. Topics announced prior to registration period. Prerequisite: ECON 101. Additional prerequisites may be required; consult the Department for further information.


ECON 204 - Principles of Economics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

An introduction to economic principles as applied to business organization and finance; price determination; enterprise costs and output optimization; commercial and central banking; national income analysis. For students enrolled in the Faculty of Engineering only. Not open to students with credit in ECON 101 and/or 102.


ECON 211 - Chinese Economic Development View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

A survey of the characteristics of and recent developments in the Chinese economy emphasizing the nature and consequences of China's economic reforms and Canada's economic relations with China. Prerequisite: ECON 101 or equivalent.


ECON 213 - An Introduction to the Economics of Developing Countries View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

A survey of the major approaches to and problems of economic development in the less developed countries with particular emphasis on issues relating to savings and investment, income distribution, employment and population growth, and trade and aid. Prerequisite: ECON 101 and 102 or equivalent.


Starting: 2022-09-01

ECON 213 - An Introduction to the Economics of Developing Countries

★ 3 (fi 6)(EITHER, 3-0-0)

A survey of the major approaches to and problems of economic development in the less developed countries with particular emphasis on issues relating to savings and investment, income distribution, employment and population growth, and trade and aid. Prerequisite: ECON 101 and 102 or equivalent. Note: Not open to students with credit or enrolled in ECON 414.


ECON 222 - Technology, Institutions and Economic Growth View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Differences in technology and institutions are used to explain why some countries are richer than others; why economic growth rates differ across time and jurisdictions; and causes of convergence/divergence in cross-country growth rates. Prerequisite: ECON 101 or equivalent.


ECON 225 - History of Economic Thought I View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

The development of economic thought in social and political context. Major schools of thought from Greek philosophers up to the Marxist, Classical, and Neoclassical doctrines. Prerequisites: ECON 109, ECON 101 and ECON 102.


ECON 226 - History of Economic Thought II View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Analysis of the development of economic thought in the context of the social and political environments in which these doctrines developed. This analysis begins with the rise of Marginalism and the contributions of Alfred Marshall and the Neoclassicalist School. It covers Keynes and the Keynesians, the New Classicalism of Milton Friedman. The course will also examine the work of the Institutionalists such as Galbraith and the work of Walras, Hicks, and others in formalizing economics. Prerequisites: ECON 109, ECON 101 and ECON 102.


ECON 241 - Money View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Money is more than a means of exchange; its use and misuse has political, psychological, and sociological consequences. This course explores the role of money in human development through time and space. Prerequisites: ECON 101 and 102.


ECON 251 - Indigenous Economics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

A survey of the issues in Indigenous economies and an introduction to an economics framework for evaluating social policies that address inequality. Prerequisite: ECON 101.


ECON 269 - Economics of the Environment View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Economic growth and the deterioration of the environment; types, causes, theory, policy, and measurement, and current Canadian environmental topics. Prerequisite: ECON 101 or equivalent. Students may not receive credit for both ECON 269 and BUEC 464.


ECON 281 - Intermediate Microeconomic Theory I View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

The theory of consumer behavior; theory of production and cost; price and output determination under competition, monopoly and other market structures. Prerequisite: ECON 101 or equivalent.


ECON 282 - Intermediate Macroeconomic Theory I View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Models of price, interest rate, output, and employment determination; the impact of fiscal, monetary, and supply shocks; open economy macroeconomics with fixed and flexible exchange rates, and prices as well as international capital mobility. Prerequisite: ECON 101 and 102 or consent of Department.


ECON 299 - Quantitative Methods in Economics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-1)

Introduction to the use of statistical methods in economics with computer applications. Prerequisites: ECON 101 and 102, STAT 161 or equivalent, and MATH 154 or equivalent. Note: Designed for students taking Economics as a major subject of concentration. Department permission must be obtained by other students wishing to take this course. ECON 299 or equivalent must be taken before ECON 399. Not open to students with credit in STAT 265 and 266.


ECON 303 - Selected Topics in Economics II View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Content varies from year to year. Topics announced prior to registration period. Prerequisites: ECON 109 and ECON 281. Additional prerequisites may be required; consult the department for further information.


ECON 323 - International Economics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

A survey of the principles of international economics and the applications to economic policy. Topics include international trade in goods and financial assets, trade policy and exchange rate determination. Prerequisites: ECON 109 and ECON 281. Note: Not open to students with credit in or enrolled in ECON 421 or 422.


ECON 331 - Labor Economics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Theory and empirical evidence concerning the supply of and demand for labor services, wage differentials, and the impact of unions, with particular reference to Canadian contemporary issues. Some of the policy issues to be discussed are income maintenance, unemployment insurance, and minimum wage legislation. Prerequisites: ECON 109 and ECON 281.


ECON 341 - Money and Banking View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Financial intermediation, commercial banking, central banking, securities markets, and regulation of the banking and financial sectors, the money supply process and monetary control. Prerequisites: ECON 109 and ECON 282. Students may not receive credit for both ECON 341 and FIN 414.


ECON 350 - The Economics of Public Expenditures View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Analysis of public sector expenditures in Canada. The rationale for government spending and the problems in the provision of public services. Prerequisites: ECON 109 and ECON 281.


ECON 353 - Taxation Policy and Structure View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Analysis of the Canadian tax structure and its role in attaining certain goals of society; requirements for an optimal tax structure. Prerequisites: ECON 109 and ECON 281.


ECON 357 - Health Economics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Resource allocation and public policy in health care, including determinants of health status, market structures, incentives and the effects of imperfect information. Prerequisites: ECON 109 and ECON 281.


ECON 359 - Behavioural and Experimental Economics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Introduction to experimental methods in economics, with focus on laboratory studies of economic behaviour. Prerequisites: ECON 109, ECON 281 and 299 or equivalent.


ECON 365 - Resource Economics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Issues in the production of exhaustible and renewable natural resources, including exploration, extraction, and taxation; scarcity and pricing; contemporary Canadian resource policy issues. Prerequisites: ECON 109 and ECON 281. Students may not receive credit for both ECON 365 and AREC 365.


ECON 366 - Energy Economics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

The economics of producing and consuming energy: pricing, role in economic growth; energy sources and markets; the role of government; regulation and other energy policy issues. Prerequisites: ECON 109 and ECON 281.


ECON 373 - Industrial Organization View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

A survey of the behavior and performance of firms in different market structures and discussion of public policy toward the different structures. Prerequisites: ECON 109 and ECON 281. Note: Not open to students with credit in ECON 471 or 472.


ECON 378 - Law and Economics: Common Law and Economic Incentives View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Economic implications of common law: property, contract, and tort; economic logic underlying different doctrines within the law, and illustrations of the law as an economic institution; externality, risk and deterrence, and other leading issues. Prerequisites: ECON 109 and ECON 281.


ECON 384 - Intermediate Microeconomic Theory II View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Designed for majors and Honors students in Economics. Extensions and applications of microeconomic theory: intertemporal choice, risk, uncertainty and expected utility; oligopoly and game theory; externalities, public goods, adverse selection, moral hazard, and asymmetric information; general equilibrium. Prerequisites: ECON 109, ECON 281 and 299 or equivalent, and MATH 156 or equivalent.


ECON 385 - Intermediate Macroeconomic Theory II View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Designed for majors and Honors students in Economics. Theories of stabilization policy; expectations; the government budget constraint; inflation and unemployment; business cycles and growth; theories of aggregate consumption, investment, money demand, and money supply. Prerequisites: ECON 109, ECON 281, 282 and 299 or equivalent, and MATH 156 or equivalent.


ECON 386 - Applications of Mathematics to Economics I View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Elements of logic and set theory, linear algebra, differential calculus and their conjunction, as used in classical and modern economic analysis. Prerequisites: ECON 109, ECON 281, ECON 282, MATH 125 or equivalent, and MATH 156 or equivalent.


Starting: 2022-09-01

ECON 386 - Applications of Mathematics to Economics I

★ 3 (fi 6)(EITHER, 3-0-0)

Elements of logic and set theory, linear algebra, differential calculus and their conjunction, as used in classical and modern economic analysis. Prerequisites: ECON 109, ECON 281, and ECON 282, and ECON 299 or equivalent, MATH 125 or equivalent, and MATH 156 or equivalent. Restricted to Economics Honors students, or Consent of the Department.


ECON 387 - Applications of Mathematics to Economics II View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Difference and differential equations, linear inequalities, convexity, programming; assorted theorems of special use in modern economic analysis. Prerequisites: ECON 109 and ECON 386.


Starting: 2022-09-01

ECON 387 - Applications of Mathematics to Economics II

★ 3 (fi 6)(EITHER, 3-0-0)

Difference and differential equations, linear inequalities, convexity, programming; assorted theorems of special use in modern economic analysis. Prerequisites: ECON 109 and ECON 386. Restricted to Economics Honors students, or Consent of the Department.


ECON 389 - Macroeconomic Measurement View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Analysis of various macroeconomic theories with emphasis on data analysis and measurement at the aggregate and disaggregate levels. Topics include measurement of economic growth, unemployment, income inequality, institutions, trade, human capital, and firm size, both across and within countries. Prerequisites: ECON 109, ECON 282 and 299 or equivalent.


ECON 399 - Introductory Econometrics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-1)

An elementary treatment of the major topics in econometrics with emphasis on applied regression methods. Prerequisites: ECON 109, ECON 281, 282 and 299 or equivalent, and MATH 156 or equivalent. Note: Not open to students with credit in AREC 313.


ECON 400 - Honors Essay: Fourth-Year Honors Economics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Required for fourth-year honors students choosing the honors essay route. Prerequisite: consent of Department. Only open to students registered in the Economics Honors Essay Route. Credit will not be granted for both ECON 497 and ECON 400.


ECON 403 - Selected Topics in Economics III View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Content varies from year to year. Topics announced prior to registration period. Prerequisites: ECON 109 and ECON 281. Additional prerequisites may be required; consult the department for further information.


ECON 404 - Applied Economics Projects View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

This is an applied projects course in which you will be interacting directly with a partner organization in industry, government, or the non-profit sector, with an Economics faculty member to provide guidance and supervision. No in-class meeting pattern; group meetings and advisor meetings will be scheduled throughout the term as needed. Prerequisite: ECON 109 and consent of Department. ECON 399 recommended.


ECON 410 - Pacific Rim Economic Development View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Analyzes the role of particular markets and institutions in selected Pacific Rim economies. Special emphasis is given to either China or Japan; students should consult the Department of Economics to find which country is being emphasized in a given year. Prerequisites: ECON 109 and ECON 281.


ECON 412 - European Economic Development View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

The application of economic theory and research methodology to selected topics in European economic development. Prerequisites: ECON 109 and ECON 281.


ECON 414 - Economics of Developing Countries View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

An introduction to models of growth and development; the role of agriculture, industry, finance, and trade in structural transformation of developing countries; approaches to development planning. Prerequisites: ECON 109 and ECON 281.


ECON 418 - Topics in Canadian Economic Development View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Prerequisites: ECON 109 and ECON 281.


ECON 421 - International Trade View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Nature and relevance of international trade; early trade doctrines; the theory of comparative advantage, classical and modern approaches and empirical evidence for them; new approaches to the pure theory of international trade; economic growth and international trade; market imperfections and trade; commercial policy; economic integration and the gains from trade. Prerequisites: ECON 109, ECON 281 and ECON 386 or equivalent.


ECON 422 - International Payments View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Types of international transactions, macroeconomics in an open economy, exchange rates, balance of payments adjustments, and other issues in the international monetary system. Prerequisites: ECON 109, ECON 281, 282 and MATH 154 or equivalent.


ECON 423 - Topics in International Trade and Development in India View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

International trade and economic development from the perspective of India. Emphasis given to trade policy, poverty, inequality, productivity, and labor markets in India. Prerequisites: ECON 109, ECON 281 and 299 or equivalent.


ECON 431 - Labor Economics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Topics include demand for labor, supply of labor, wage differentials, trade union behavior, the minimum wage, education and income distribution, discrimination, mandatory retirement, and non-market work. Prerequisites: ECON 109, ECON 281 and MATH 154 or equivalent.


ECON 432 - Economics of Education View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

The analysis of education from the perspective of quantitative and theoretical economics, with a focus on human capital development from preschool to university, the effect of education on the economy, and education policy. Prerequisites: ECON 109, ECON 384 and 399.


ECON 442 - The Economics of Financial Markets View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

The measurement of risk; portfolio analysis; hedging and speculation; market microstructure; asset pricing and market equilibrium. Prerequisites: ECON 109, ECON 281, STAT 161 or equivalent, and MATH 154 or equivalent. Students may not receive credit for both ECON 442 and FIN 412.


ECON 450 - Topics in Public Economics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Possibilities and limitations of efficiency and equity of markets and government intervention. Prerequisites: ECON 109, ECON 281, and MATH 154 or equivalent.


ECON 451 - Indigenous Economic Development View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

An examination of the economic development challenges faced by Indigenous communities with a particular focus on Indigenous communities in Canada. Application of economic development theory and tools to Indigenous contexts. Prerequisites: ECON 109, ECON 384 and 399.


ECON 452 - Political Economy View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Economic analysis of incentives facing citizens, politicians and policymakers, how these incentives are shaped by institutions, and the resulting effects on economic outcomes and policy. Prerequisites: ECON 109, ECON 281 and 299 or equivalent.


ECON 462 - Urban Economics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Urban spatial structure, residential land use, firm location decisions, housing, transportation, and urban public finance. Prerequisites: ECON 109, ECON 281, and MATH 154 or equivalent.


ECON 467 - Environmental and Natural Resource Policy View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Environmental and natural resource law; domestic and global policy issues related to renewable and non-renewable resources. Prerequisites: ECON 109, ECON 281, and MATH 154 or equivalent, and one of ECON 269, ECON 365, ECON 366, or AREC 365. Not open to students with credit in ECON 466 or ENCS 473.


ECON 471 - Strategic Behavior of the Firm View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Oligopoly theory, cartel formation, product differentiation and advertising, entry into markets and strategic entry deterrence, and research and development. Prerequisites: ECON 109 and ECON 384.


ECON 472 - Market Power: Theory and Policy View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Market definition and measurement of market power. Canadian competition policy, including merger, predation, abuse of dominance, price discrimination, tie-in sales, exclusive dealing, resale price maintenance, collusion and bid rigging. Prerequisites: ECON 109 and ECON 384.


ECON 481 - Advanced Microeconomic Theory View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Consumer and producer theory, and selected topics. Prerequisites: ECON 109, ECON 384 and 386 or equivalent. Restricted to Economics Honors students, or Consent of the Department.


Starting: 2022-09-01

ECON 481 - Advanced Microeconomic Theory

★ 3 (fi 6)(EITHER, 3-0-0)

Consumer and producer theory, and selected topics. Prerequisites: ECON 109, ECON 384 and 386 or equivalent. Restricted to Economics Honors students, or Consent of the Department. Restricted to Economics Honors students, or Consent of the Department.


ECON 482 - Advanced Macroeconomic Theory View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Business cycle theory, microfoundations of macro models, government budget constraints, expectations formation, the open economy, and representative agent optimizing models. Prerequisites: ECON 109, ECON 385 and 386 or equivalent.


Starting: 2022-09-01

ECON 482 - Advanced Macroeconomic Theory

★ 3 (fi 6)(EITHER, 3-0-0)

Business cycle theory, microfoundations of macro models, government budget constraints, expectations formation, the open economy, and representative agent optimizing models. Prerequisites: ECON 109, ECON 385 and 386 or equivalent. Restricted to Economics Honors students, or Consent of the Department.


ECON 484 - Game Theory and Economic Applications View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Analysis of structure and equilibrium of games. Applications to economic problems such as bargaining, auctions and collusion. Prerequisites: ECON 109, ECON 384 and 299 or equivalent.


ECON 485 - Macroeconomic Policy View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Analysis of the objectives, instruments and methods of macroeconomics policy using contemporary macroeconomics theory and examples from the policy experience of Canada and other nations. Prerequisites: ECON 109 and ECON 385.


ECON 486 - Macroeconomics and Asset Pricing View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

The course explores the intersection of macroeconomics and financial economics, using growth, business-cycle and asset pricing theories to motivate a series of data projects that cover the long run and short run determinants of interest rates, equity premium, cyclical patterns of bond and equity returns, monetary policy, CAPM and other factor models. Prerequisites: ECON 282, ECON 299, MATH 156 or equivalent, and ECON 109.


ECON 493 - Economic Forecasting View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Statistical methods for modeling and forecasting trends, seasonal, and cyclical components; ARMA models; regression models; forecast evaluation; and forecasting in the presence of unit roots. Prerequisites: ECON 109 and ECON 399.


ECON 494 - Economic Data Analysis I View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Computer programming for the statistical analysis of data in economics with focus on SAS, R, and Python. Prerequisites: ECON 109 and ECON 299 or equivalent.


ECON 497 - Econometric Methods View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Econometric problems and techniques with emphasis on regression methods and hypothesis testing. Single equation techniques and introduction to simultaneous equation systems. Matrix algebra is used extensively. Prerequisites: ECON 109, ECON 386, 387 and 399 or equivalent. Prerequisite or Corequisite: ECON 481 and 482. Not open to students with credit for ECON 408. Credit will not be granted for both ECON 497 and 400.


Starting: 2022-09-01

ECON 497 - Econometric Methods

★ 3 (fi 6)(EITHER, 3-0-0)

Econometric problems and techniques with emphasis on regression methods and hypothesis testing. Single equation techniques and introduction to simultaneous equation systems. Matrix algebra is used extensively. Prerequisites: ECON 109, ECON 386, 387 and 399 or equivalent. Prerequisite or Corequisite: ECON 481 and 482. Not open to students with credit for ECON 408. Credit will not be granted for both ECON 497 and 400. Restricted to Economics Honors students, or Consent of the Department.


ECON 500 - Selected Topics in Economics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Content varies from year to year. Topics announced prior to registration period. Additional prerequisites may be required; consult the department for further information.


ECON 503 - Microeconomic Theory I View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Producer and consumer behavior; partial equilibrium models of perfectly and imperfectly competitive markets; Walrasian general equilibrium; welfare economics. Prerequisites: ECON 386 and 387, 481 and 482.


ECON 505 - Microeconomic Theory II View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Choice under uncertainty; contingent claims and models of general equilibrium under uncertainty; markets with information asymmetries; non-cooperative game theory, games of incomplete information, repeated games, and bargaining theory. Prerequisite: ECON 503.


ECON 509 - Time Series Methods in Financial Econometrics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Topics may include ARIMA modelling, spectral analysis, state-space models and the Kalman filter, nonstationary analysis, vector autoregressions, conditional heteroskedasticity and nonlinear models. Prerequisites: ECON 407 and 408 or equivalent.


ECON 512 - Economic Development I View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

The techniques of development planning; qualitative and quantitative problems associated with the drafting and implementation of plans and programs; assessment of internal and external resources available for development and problems of measurement and mobilization of resources.


ECON 513 - Economic Development II View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Economic policy alternatives in a context of growth and development; problems of inflation, balance of payments, disequilibrium, concentration of growth effects; the role of international aid and other external measures.


ECON 521 - International Economics I View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Prerequisites: ECON 481 and 482, ECON 421 and 422 recommended.


ECON 522 - International Economics II View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)
There is no available course description.

ECON 531 - Labor Economics I View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Factors influencing the supply of, and demand for, labor services and the process of relative wage determination in the long and short run. Determination of money wage levels, aggregate labor-force participation, and the level and structure of aggregate employment and unemployment.


ECON 532 - Labor Economics II View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Introduction to the theories, institutions, and policy issues related to labor markets. Emphasis is given to the interaction between theory and empirical analysis.


ECON 540 - Monetary Economics I View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Prerequisites: ECON 481 and 482.


ECON 542 - Economics of Financial Markets View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

The course surveys Asset Pricing Theory with an emphasis on the utility-based discount-factor approach. The discount factor provides a unifying framework for the evaluation of most classes of assets including stocks, bonds, and derivatives. In particular, the course reviews mean- variance analysis, factor pricing, discrete time models, and classical results in continuous time, such as the Black and Scholes option Pricing Formula. These theoretical models are also illustrated by empirical applications.


ECON 550 - Public Expenditure View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

The theory of the role of the public sector in a market economy; market failures, income redistribution, public choice, and fiscal federalism.


ECON 551 - Indigenous Economic Development II View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

An examination of the economic development challenges faced by Indigenous communities with a particular focus on Indigenous communities in Canada. Application of economic development theory and tools to Indigenous contexts.


ECON 552 - Political Economy II View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Economic analysis of incentives facing citizens, politicians and policymakers, how these incentives are shaped by institutions, and the resulting effects on economic outcomes and policy.


ECON 553 - Economics of Taxation View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Effects of taxes on allocation, distribution and stabilization objectives. Evaluation of major taxes with particular attention paid to efficiency and incidence considerations.


ECON 557 - Health Economics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Theoretical and applied issues in the determination of health models and a survey of contemporary health economic policy issues.


ECON 562 - Urban Economics II View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Urban spatial structure, residential land use, firm location decisions, housing, transportation, and urban public finance.


ECON 566 - Environmental Economics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Economic theory and policy relating to environmental problems; welfare and public policy issues in environmental decision making. Environmental law; transboundary pollution; economic instruments for pollution control.


ECON 567 - The Economics of Exhaustible Resources View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Theoretical, empirical, and policy studies in the following areas: supply and pricing under various market structures, the demand for exhaustible resources, exploration, resource extraction under price and technological uncertainty, taxation of exhaustible resources, exhaustible resources and the macro economy. Not open to students with credit in ECON 565.


ECON 570 - Strategic Behavior of the Firm View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Game theory; oligopoly theory; dynamic price competition; cartel formation; product differentiation; and advertising; entry and strategic entry deterrence; research and development.


ECON 571 - Market Power: Theory and Policy View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Market definition and measurement of market power. Principles of competition policy, including merger, predation, abuse of dominance, price discrimination, vertical market restrictions, collusion and bid rigging.


ECON 572 - The Economics of Regulation: Theory and Applications View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Economic foundations of regulation. This course covers problems of natural monopoly, incentive regulation, deregulation, environmental regulation, insurance and financial regulation, universal service obligation, network access pricing, and product quality regulation.


ECON 581 - Macroeconomic Theory I View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

An examination of the core topics in macroeconomic theory. These will generally include methods of modelling output, employment, prices, business cycles, and macroeconomic policy. Prerequisite or corequisite: ECON 481 and 482 or equivalent.


ECON 582 - Macroeconomic Theory II View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

This course extends the analysis of ECON 581 and introduces students to more advanced issues. Prerequisite: ECON 581 or equivalent.


ECON 586 - Macroeconomics and Asset Pricing View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

The course explores the intersection of macroeconomics and financial economics, using growth, business-cycle and asset pricing theories to motivate a series of data projects that cover the long run and short run determinants of interest rates, equity premium, cyclical patterns of bond and equity returns, monetary policy, CAPM and other factor models.


ECON 589 - Macroeconometric Analysis View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Introduction to applied structural dynamic stochastic general equilibrium (DSGE) modeling, employing various DSGE models with a focus on estimation and testing for inference. Advanced solution techniques for stochastic difference equations and general modeling setup.


ECON 591 - Graduate Research Workshop I View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

The course will aid students in identifying and developing a research topic, and develop skills in the writing and presentation of research. Students will be expected to present, write critiques of, and participate in discussions of published articles or working papers.


ECON 594 - Economic Data Analysis II View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Computer programming for the statistical analysis of data in economics with focus on SAS, R, and Python.


ECON 598 - Econometric Theory and Applications View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Advanced treatment of estimation, inference and econometric problems and techniques, including the use of matrix operations and statistical distribution theory, with an emphasis on applied econometric analysis. Prerequisites: ECON 481 and 482 or equivalent, and an advanced undergraduate level course in econometrics. Note: Not open to students with credit in ECON 506.


ECON 599 - Applied Econometrics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

The role of economic theory in the process of specification and estimation of models. Interpretation and critical evaluation of applied work by means of selected topics in economics and econometrics. Prerequisite: ECON 598 or equivalent.


ECON 603 - Selected Topics in Economics IV View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)

Content varies from year to year. Topics announced prior to registration period.


ECON 608 - Topics in Econometrics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)
There is no available course description.

ECON 612 - Topics in Economic Development View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)
There is no available course description.

ECON 640 - Topics in Monetary Economics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)
There is no available course description.

ECON 672 - Topics in Industrial Economics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)
There is no available course description.

ECON 699 - Selected Research Topics in Economics View Available Classes

★ 3 (fi 6)(EITHER, 3-0-0)
There is no available course description.

ECON 900A - Directed Research Project View Available Classes

★ 1.5 (fi 6)(VAR, UNASSIGNED)
There is no available course description.

ECON 900B - Directed Research Project View Available Classes

★ 1.5 (fi 6)(VAR, UNASSIGNED)
There is no available course description.

ECON 999 - Directed Research Project View Available Classes

★ 3 (fi 6)(SPR/SUM, 3-0-0)

Prerequisites: ECON 503, 581, 598, and 599.