3000-Level

CodeTitleDescriptionNote
3000-LEVEL
3000 Intermediate Micro Theory I is the basic microeconomic theory course; consumer demand, indifference curve analysis, theory of production and cost, factor substitution, and the theory of the firm under perfect competition and monopoly.   
3001 Intermediate Micro Theory II is a continuation of basic microeconomic theory; the theory of imperfect competition, theory of factor pricing under various market structures, general equilibrium and welfare economics. 
 
3010 Intermediate Macro Theory I is aggregate analysis including consumer, investment, government and international sectors, the role of money, determinants of aggregate supply, and the effects of autonomous behavioural changes and fiscal and monetary policies on unemployment, price levels and the balance of payments. 
 
3011 Intermediate Macro Theory II is a consideration of modern theories of macroeconomics, dynamics, empirical evidence and simulation of the national economy. Emphasis on the availability and effectiveness of government policy instruments. 
 
3030 International Economics is an intermediate course encompassing theories and empirical studies of global trade flows; the effects of trade barriers, and efforts at economic integration such as the North American Free Trade Agreement and the European Union; the Balance of Payments and its links to the foreign exchange markets; the importance of the exchange rate worldwide as a macroeconomic variable; and the causes and lessons of exchange rate crises.   
3080 Natural Resource and Environmental Economics is application of economic analysis to renewable and non-renewable natural resource industries such as the fishery, forestry, and mining. Emphasis is given to the criteria for optimal resource use under various market structures and their implications for public policy. Issues of environmental resource management and pollution control will also be covered.   
3140 Economic Analysis in Health Care evaluates the role of economic analysis to health and medical care. Topics in the application of cost effectiveness analysis [and cost-benefit analysis] to health care programs, as well as comparisons of the Canadian experience with other health care systems will be discussed.   
3150  Money and Banking examines the operation of the money and banking system. Topics include the core foundations of money and banking, and how they can be applied to the Canadian banking system and also to an international context, such as worldwide financial crises and the interaction of central banks globally. Selected topics and emphasis will vary from year to year so as to reflect the evolution of the Canadian banking system and the global financial system   
3360 Labour Market Economics is an intermediate course concentrating on Canadian labour issues. The course investigates the labour market decisions that workers face and the influence of government decisions. Course topics also include factors affecting a firm's demand for labour, wage determination in non-union market, the role of unions, the various structure of wages and wage differentials in the Canadian setting.   
3550 Mathematical Economics I examines linear algebra and differential calculus, with applications to economics.   
3551 Mathematical Economics II covers integral calculus, difference and differential equations, with applications to Economics.   
3670 Applications of Choice Theory examines microeconomic choices made outside perfectly competitive markets. Its topics include areas to which choice theory has been applied, for example, the economics of labour, marriage, sport, entertainment, crime, gambling, and the consumption of addictive goods.   

Note:
Offered frequently, typically every semester.

Offered periodically, typically once per year.
Offered occasionally, based on student demand and instructor availability.