- Introduction to Economics (ECON 101 & ECON 102)
The course is designed to introduce you to the basic concepts and provide you with the tools of Microeconomics and Macroeconomics. Economics is the study of how societies allocate resources bounded by its scarcity. In Microeconomics, we examine both household, and firm behavior, and how their interactions determine those allocations, and the consequent wellbeing derived. While in Macroeconomics, we examine the allocation issue on the aggregate dimension, extending our analysis to economic growth, unemployment, inflation, and business cycles within a market-based economy, and the role of the government through its use of fiscal and monetary policies. This should culminate in your understanding of the mechanics of the world around you, and pique your interest in the study of Economics, and its many other facets.
- Intermediate Microeconomics I (ECON 201)
Intermediate Microeconomic Theory I builds on the knowledge you gained from the Microeconomics segment in Introduction to Economics (ECON 100). We will examine in greater detail individual household and firm decisions and choices on resource allocation, and the consequent social implications. Emphasis will be placed on theoretical methodology.
- Intermediate Microeconomics II (ECON 301)
Intermediate Microeconomic Theory II extends the discussion in ECON 201 beyond partial equilibrium considerations of producer and consumer theory, into General Equilibrium where we will model how agents trade towards equilibrium, and consider if it is efficient. In addition, we will also extend our discussion of how firms interact within the Oligopolistic market structure, and we will introduce Game Theory here.
- Industrial Organization (ECON 312)
The aim of this course is to build on your understanding of microeconomics through examining how oligopolistic firms compete with one another and it's implication on the society at large. Given the effects, we will examine how policy makers could affect the welfare of the society through policies. The classes will focus on theoretical discussions with precise issues in mind, which will also be further supplemented by readings of empirical findings to consolidate our theoretical discussion. Your assignments will be based on these readings.
- Human Resources and Labour Economics (ECON 361)
The course is designed to introduce students to Labour Economics and current research in the field. Basic theoretical models will be established and used to analyze the labour market. This will be supplemented by an examination of empirical evidence of the model predications. Some current issues that will be examined include (1.) the impact of education on earnings, (2.) how gains is transmitted between different generations, (3.) how changes in family law and reproductive technologies may affect parental investment in their offspring, and their consequent outcomes, and (4) gender differential in earnings.
- Health Economics (ECON 364)
The aim of this course is to introduce you to the application of economic analysis to healthcare delivery systems, policy and related markets such as health insurance. The course will study the organization, financing, and delivery of health services in Canada, the economic evaluation of alternative methods of providing health care, and individual behavioral choices pertaining to health.
- Econometrics I & II (ECON 371 & ECON 372)
The course is designed to introduce students to the methodology of Econometrics as a whole subfield in Economics dedicated to measurement of both market and social occurrences. The structure of the course is in three facets, (1.) Statistical Ideas behind Econometrics, (2.) Computational Aspect of Econometrics, and (3.) Intuition behind Econometrics, and its place in Economics. The course will be pitched at the applied level, but you are expected to be fully proficient in mathematical statistics, and calculus. That is this is not a course in either of the two, but their application in Economics.
- Advanced Microeconomics (ECON 401)
The course is designed as a continuation to Intermediate Microeconomic Theory introducing additional mathematical rigour. In addition, the scope of the advances made in Microeconomic Theory is developed, through the provision of the basic models within each idea. The intent is to ease the transition for the students into graduate work in theory.Prerequisites: MATH 111, MATH 112, ECON 201, & ECON 471.
- Advanced Macroeconomics (ECON 402)
The course is designed to introduce students to the latest methods in Macroeconomics and prepare them for future graduate work.
- Mathematical Economics (ECON 471)
The course is designed to provide a mathematical foundation for Advanced Microeconomics and Macroeconomics, and future graduate work. Mathematical techniques covered includes advanced calculus, dynamic programming, and differential equations. These techniques will be applied to both micro- and macro-economic models.
- Econometrics III (ECON 491)
The course is designed as a continuation from Econometric Method I, with a strong focus on applied econometrics. The principal idea is to provide practical experience in 1. Obtaining data, 2. Deciding an appropriate statistical model, 3. Perform necessary statistical analysis, 4. Perform diagnosis of issues, & 5. Writing academic reports/papers.
- Seminar (ECON 493)
The course is designed to provide students with the requisite skills for the development of a viable research idea, and the writing of an academic article. To assist students in the development of an idea that they can use towards their honours thesis, or major paper, faculty members will be invited to present topics that are of contemporary concern in economics, and the social sciences, and which are relevant to their expertise. This is supplemented by external invited speakers to provide maximum exposure to all the various possibilities within economics. Students are required to actively participate in the seminars, and each faculty member will have their own assignment which the students must fulfill for completion of the course.