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.
Fall Term 2021 Winter Term 2022Analysis 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.
Fall Term 2021 Winter Term 2022Designed 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.
Fall Term 2021 Winter Term 2022An 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.
Winter Term 2022Analysis 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.
Fall Term 2021