Economic analysis, problems, and policies, with emphasis on the Canadian economy; roles of consumers and firms in competitive and monopolistic markets; foreign ownership in the Canadian economy; distribution of income, inequality, and poverty; use of the environment; government economic policies.
Fall Term 2020Economic analysis, problems, and policies, with emphasis on the Canadian economy; national income and monetary theory; problems of unemployment and inflation; government monetary and fiscal policies; international trade theory, problems, and government policies. Prerequisite: AUECO 101.
Winter Term 2021National income concepts and income determination; theories of aggregate consumption, investment, and employment behaviour; monetary and fiscal policy. Prerequisite: AUECO 102.
Winter Term 2021Economic analysis of modern economic growth focusing on the Industrial Revolution and its consequences. Critical thinking about why the Industrial Revolution and its related economic growth models can and/or cannot be generalized worldwide is also encouraged.
Fall Term 2020Examination of the theories of international trade and investment, the international monetary system, and the multinational firm. Prerequisite: AUECO 101.
Fall Term 2020