Search
The application of economic theory and research methodology to selected topics in European economic development. Prerequisites: ECON 281.
Effective: 2026-09-01 ECON 412 - European Economic Development
The application of economic theory and research methodology to selected topics in the history of European economic development. Prerequisites: ECON 281, and ECON 399 or equivalent.
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 281.
Effective: 2026-09-01 ECON 414 - Economics of Developing Countries
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. Prerequisite: ECON 384. ECON 213 is recommended.
A survey and critical analysis of long-lasting and multi-generational economic outcomes. Topics include: intergenerational mobility, comparative economic development, and economic geography. Case studies will highlight issues ranging from the perpetuation of gender roles to the enduring consequences of slavery, forced labour, and colonial economic policy. Prerequisites: ECON 281, STAT 161 or equivalent, and MATH 154 or equivalent. ECON 299 or equivalent is recommended.
Effective: 2026-09-01 ECON 415 - Economics of Social Mobility
A survey and critical analysis of long-lasting and multi-generational economic outcomes. Topics include: intergenerational mobility, comparative economic development, and economic geography. Case studies will highlight issues ranging from the perpetuation of gender roles to the enduring consequences of slavery, forced labour, and colonial economic policy. Prerequisites: ECON 281, and ECON 399.
Prerequisites: ECON 281.
Effective: 2026-09-01 ECON 418 - Canadian Economic Development
This course covers economic theory and research methodology to selected topics in the history of Canadian economic development. Topics include the roles of Indigenous peoples, colonialism, natural resources, international trade, and immigration, focusing on how history reveals economic truths relevant for today. Prerequisites: ECON 281, and ECON 399 or equivalent.
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 281 and MATH 156 or equivalent.
Effective: 2026-09-01 ECON 421 - International Trade
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 281 and ECON 399 or equivalent.
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 281, 282 and MATH 154 or equivalent.
Effective: 2026-09-01 ECON 422 - International Macroeconomics and Finance
Exchange rates; balance of payments adjustments; exchange rate and macroeconomic policies; and other issues in the international monetary system. Prerequisite: ECON 385.
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 281 and 299 or equivalent.
Effective: 2026-09-01 ECON 423 - International Trade and Development in India
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 281, and ECON 399 or equivalent.
Empirical labor economics literature on selected topics, including labor markets, job attributes, schooling, labor mobility, wage differentials, compensation strategies, wage structures, and unemployment. Prerequisites: ECON 281, and ECON 399 or equivalent.
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 384 and 399.
Factors influencing inflation dynamics, money demand, interest rates and exchange rates in the long and short run. Analysis of the objectives, instruments, transmission channels and policy tradeoffs faced by central banks of Canada and other nations. Prerequisite: ECON 385.
The measurement of risk; portfolio analysis; hedging and speculation; market microstructure; asset pricing and market equilibrium. Prerequisites: ECON 281, STAT 161 or equivalent, and MATH 154 or equivalent. Students may not receive credit for both ECON 442 and FIN 412.
Effective: 2026-09-01 ECON 442 - The Economics of Financial Markets
The measurement of risk; portfolio analysis; hedging and speculation; market microstructure; asset pricing and market equilibrium. Prerequisites: ECON 282, and ECON 399 or equivalent. Students may not receive credit for both ECON 442 and FIN 412.
Possibilities and limitations of efficiency and equity of markets and government intervention. Prerequisites: ECON 281, and MATH 154 or equivalent.
Effective: 2026-09-01 ECON 450 - Public Economics
Efficiency rationales for state activity in capitalist economies, including market failures due to externalities, asymmetric information, incomplete markets, and public goods. Government interventions in markets; their limitations and distributional implications. Optional topics may include social choice theory, political economy, and the measurement of inequality, poverty, and welfare. Prerequisite: ECON 384.
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 384 and 399.
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 281 and 299 or equivalent.
Effective: 2026-09-01 ECON 452 - Political Economy
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. Prerequisite: ECON 384 or equivalent.
Public sector investments (and policies) can create value or destroy value - the focus of this course is on the body of methods to determine which, covering both theory and practice. Examples may include transportation, environment, health care, and others. Topics include microeconomic foundations, discount rates, and valuation of non-market goods. Prerequisites: ECON 281, and MATH 156 or equivalent.
Effective: 2026-09-01 ECON 455 - Cost Benefit Analysis in Economics
Public sector investments (and policies) can create value or destroy value - the focus of this course is on the body of methods to determine which, covering both theory and practice. Examples may include transportation, environment, health care, and others. Topics include microeconomic foundations, discount rates, and valuation of non-market goods. Prerequisite: ECON 384 or equivalent.
Urban spatial structure, residential land use, firm location decisions, housing, transportation, and urban public finance. Prerequisites: ECON 281, and MATH 154 or equivalent.
Effective: 2026-09-01 ECON 462 - Urban Economics
Urban spatial structure, residential land use, firm location decisions, housing, transportation, and urban public finance. Prerequisites: ECON 281, and ECON 399 or equivalent.
Environmental and natural resource law; domestic and global policy issues related to renewable and non-renewable resources. Prerequisites: ECON 281, and MATH 154 or equivalent. Not open to students with credit in ECON 466 or ENCS 473.
Effective: 2026-09-01 ECON 467 - Environmental and Natural Resource Policy
Environmental and natural resource law; domestic and global policy issues related to renewable and non-renewable resources. Prerequisite: ECON 384. Not open to students with credit in ECON 466 or ENCS 473.
Oligopoly theory, cartel formation, product differentiation and advertising, entry into markets and strategic entry deterrence, and research and development. Prerequisite: ECON 384.
Market definition and measurement of market power. Competition policy, including mergers, predation, abuse of dominance, price discrimination, tie-in sales, exclusive dealing, resale price maintenance, collusion and bid rigging. Regulation of natural monopolies. Prerequisite: ECON 384.
Analysis of structure and equilibrium of games. Applications to economic problems such as bargaining, auctions and collusion. Prerequisite: ECON 384. Not open to students with credit in ECON 484.
Consumer and producer theory, and selected topics. Prerequisites: ECON 384 and 386 or equivalent.
Business cycle theory, microfoundations of macro models, government budget constraints, expectations formation, the open economy, and representative agent optimizing models. Prerequisites: ECON 385 and 386 or equivalent.
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. Prerequisite: ECON 385.
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.
Effective: 2026-09-01 ECON 486 - Macroeconomics and Asset Pricing
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, and ECON 399 or equivalent. ECON 341 is recommended.
Examples of empirical macroeconomic models using latest computer programming and estimation techniques. Models used by the Bank of Canada and other central banks to quantitatively and empirically evaluate macroeconomic models using current data from Canada and other countries. Introduces students to applied dynamic, stochastic general equilibrium modelling techniques that are used in empirical macroeconomic models. Prerequisite: ECON 385.
Methods for modeling and forecasting economic data. Topics may include regression models, cross-validation, machine learning methods, classification, predictive analytics, and forecasting with time series data. Prerequisite: ECON 399 or equivalent.
Computer programming for the statistical analysis and econometric modelling of data in economics. The statistical programs introduced and used in the course include SAS, R, Python or similar computer programming languages. Prerequisites: ECON 299 or equivalent.
Effective: 2026-09-01 ECON 494 - Economic Data Analysis I
Computer programming for the statistical analysis and econometric modelling of data in economics. The statistical programs introduced and used in the course include SAS, R, Python or similar languages. Prerequisite: ECON 399 or equivalent.
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 386, 387 and 399 or equivalent. Prerequisite or Corequisite: ECON 481 and 482. Credit will not be granted for both ECON 497 and 400.
Content varies from year to year. Topics announced prior to registration period. Additional prerequisites may be required; consult the department for further information.
An introduction to graduate-level microeconomic tools. Topics covered may include producer and consumer behavior, partial equilibrium models of markets, Walrasian general equilibrium, choice under uncertainty, and game theory.
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.
Methods for modeling and forecasting time series data. Topics may include time series regression, forecast evaluation, ARIMA models, state-space models and the Kalman filter, nonstationary analysis, vector autoregressions, and conditional heteroskedasticity.
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.
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.
A survey and critical analysis of long-lasting and multi-generational economic outcomes with special attention given to empirical methods. Topics include intergenerational mobility, comparative economic development, economic geography, historical record linking, and spatial autocorrelation.
Prerequisites: ECON 481 and 482, ECON 421 and 422 recommended.
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.
Factors influencing the inflation dynamics, money demand, interest rates and exchange rates in the long and short run. Analysis of the objectives, instruments, transmission channels and policy tradeoffs faced by central banks of Canada and other nations.
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.
The theory of the role of the public sector in a market economy; market failures, income redistribution, public choice, and fiscal federalism.
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.
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.
Theoretical and applied issues in the determination of health models and a survey of contemporary health economic policy issues.
Urban spatial structure, residential land use, firm location decisions, housing, transportation, and urban public finance.
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.
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.
Game theory; oligopoly theory; dynamic price competition; cartel formation; product differentiation; and advertising; entry and strategic entry deterrence; research and development.
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.
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.
A graduate-level examination of the core topics in macroeconomic theory: determinants of growth, business cycles and stabilization policy.
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.
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.
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.
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.
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.
Statistical methods for modeling and forecasting economic data. Topics may include data wrangling and exploration, visualization, cross-validation, regression models, machine learning methods, classification, predictive analytics, and forecasting with time series data.
Computer programming for the statistical analysis and econometric modelling of data in economics. The statistical programs introduced and used in the course include SAS, R, Python or similar computer programming languages.
The course introduces computational methods for Bayesian inference, with a special focus on empirical applications in economics and related fields such as finance and marketing. Students will be taught Markov chain Monte Carlo (MCMC) algorithms. The course covers applications such as demand estimation and macroeconomic forecasting.
This course introduces research topics in causal inference with applications in economics and in social science. Topics include potential outcomes and counterfactuals, measures of treatment effects, causal graphical models, confounding adjustment, and instrumental variables.
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.
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.
Content varies from year to year. Topics announced prior to registration period.
The course covers classical microeconomics topics including producer and consumer behavior, partial equilibrium models of perfectly competitive and monopolistic markets, Walrasian general equilibrium, welfare economics, and choice under uncertainty.
Topics include noncooperative game theory, models of imperfect competition, and the economics of information. Prerequisite: ECON 604 or equivalent.
Material covered will include an introduction to dynamic mathematics, with applications to optimal and endogenous growth theories, and real business cycles.
The course extends the methods and analyses in ECON 681 and topics covered may include New Keynesian theories of the business cycle, as well as models of search, consumption theory, and the economics of incomplete markets. Prerequisite: ECON 681 or equivalent.
Individual study under the supervision of a faculty member. Note: may be taken more than once if the topic is different. Consent of Department required.
Individual study under the supervision of a faculty member. Consent of Department required. Note: may be taken more than once if the topic is different. Consent of Department required.
Prerequisites: ECON 503, 581, 598, and 599.
Analyse du processus de détermination des produits et des quantités à produire en économie de marché. Étude de la répartition du revenu au Canada.
Étude de l'emploi, de l'inflation, des politiques monétaires et fiscales au Canada. Préalable: ECONE 101.
Le contenu peut varier d'année en année. Les sujets seront annoncés avant la période d'inscription. Préalable: ECONE 101. Des préalables additionnels pourront être exigés. Note: Ce cours n'est pas accessible aux étudiants ayant ou postulant des crédits pour ECONE 303 ou ECON 203 ayant la même thématique.
Description de la place du Canada dans le monde économique. Analyses des principales forces économiques au niveau mondial. Discussion de ce que constitue le libre-échange. Identification des blocs économiques (ALENA, Mercosur, UE, ASEAN).
Présentation de la théorie néoclassique du consommateur, du producteur et de la détermination des prix et des quantités dans le cas de marchés concurrentiels, de monopole et de certaines autres structures de marché. Préalable(s): ECONE 101 ou équivalent. Note: Ce cours n'est pas accessible aux étudiants ayant ou postulant des crédits pour ECON 383 ou MANEC 301.
Introduction aux modèles analytiques de la macroéconomie. Présentation des modèles à prix fixes et flexibles de la détermination du taux d'intérêt, de la production et de l'emploi. Étude des relations entre le marché de l'emploi et l'offre agrégée. Analyse des conséquences de la politique fiscale et monétaire ainsi que des chocs d'offre. Analyse en économie ouverte avec taux de change fixe et flexible. Étude des mouvements de capitaux. Préalable(s): ECONE 101 et 102 ou équivalent. Note: Ce cours n'est pas accessible aux étudiants ayant ou postulant des crédits pour MANEC 301 et 402.
Introduction à l'utilisation des outils mathématiques en économie avec applications. Préalable(s): ECONE 101 et 102, STATQ 151 ou STAT 141 ou SCI 151 et MATHQ 114 (ou 113) ou SCI 100. Note: Ce cours doit être suivi avant ECONE 399.
Aperçu des principes de l'économie internationale. Application de ces principes à la politique économique. L'accent est mis sur des sujets comme le commerce international, l'Investissement étranger et la balance des paiements. Préalable(s): ECONE 101 et 102, ou ECONE 223.
Dans ce cours l'accent est mis principalement sur l'offre de monnaie et le contrôle monétaire. Y seront abordées des questions telles le rôle de la monnaie et du crédit dans le processus de l'échange, les intermédiaires financiers, les banques commerciales et les banques centrales. Prérequis: ECONE 101/102 ou l'accord du Vice-doyen aux affaires académiques.