Studies the microeconomic aspects of international trade, tracing its historical development from the theory of comparative costs to the theory of customs unions and tariffs. Topics include trade patterns, trade barriers and free trade versus protectionism, economic growth and development in the international economy, and international institutions. Prerequisites: AP/ECON 1000 3.00 and AP/ECON 1010 3.00 […]
Cross-listed to: AP/ADMS 3352 3.00 This course deals with different sampling techniques and their applications to management problems. Survey design, pilot surveys, use of focus groups, in-person interviews, mail surveys and polling, will also be dealt with. Prerequisite: AP/ECON 2500 3.00 or AP/ADMS 2320 3.00, or, for students with equivalent preparation, permission of the coordinator. […]
Cross-Listed To: AP/ADMS 3351 3.00 Management of operations in today's business environment usually involves mathematical and statistical modeling. This course provides a working understanding of the operations management models and techniques such as process analysis, quality management, aggregate planning, inventory control, and material requirements planning. Prerequisite: AP/ADMS 2320 3.00 or AP/ECON 2500 3.00, or equivalent. […]
Provides an introduction to statistical techniques. Topics covered include descriptive statistics and frequency distributions, measures of location and dispersion, random variables, sampling distributions, probability theory and mathematical expectations, the normal distribution, correlation, and the design and interpretation of hypothesis tests. Prerequisites: Grade 12U Advanced Functions or equivalent. Course Credit Exclusions: AP/ADMS 2320 3.00, AP/POLS 3300 […]
Applies the analytical tools from AP/ECON 2400 3.00 to analyze the problems of inflation, unemployment, and government deficits, focusing on the role of expectations. Introduces open economy issues under fixed and flexible exchange rates. Prerequisites: AP/ECON 2400 3.00 or equivalent. Course Credit Exclusions: GL/ECON 3240 6.00, SB/ECON 2000 3.00. Prior to Fall2009: Course credit exclusions: […]
Equips students with the basic tools for analyzing short-run and long-run macroeconomic phenomena in a closed economy. Topics include aggregate demand and supply, consumption and investment behaviour, demand for money, government stabilization policy, and fiscal issues. Prerequisites: AP/ECON 1000 3.00, AP/ECON 1010 3.00, and AP/ECON 1530 3.00, or equivalents. Prerequisites/Co-requisites: AP/ECON 1540 3.00. Course Credit […]
Applies the analytical tools from AP/ECON 2300 3.00 to analyze resource allocation in imperfectly competitive markets and factor pricing in alternative market structures. Considers basic concepts of general equilibrium and welfare economics. Prerequisites: AP/ECON 2300 3.00 or equivalent. Course Credit Exclusions: GL/ECON 3230 6.00. Prior to Fall2009: Course credit exclusions: AK/AS/ECON 2350 3.00, GL/ECON 3230 […]
Studies how individuals, households, and firms make decisions given the incentives and constraints of their economic environment. Topics include consumer decision-making, production and costs, competitive equilibrium, and the role of prices in a market economy. Prerequisites: AP/ECON 1000 3.00, AP/ECON 1010 3.00, and AP/ECON 1530 3.00, or equivalents. Prerequisites/Co-requisites: AP/ECON 1540 3.00. Course Credit Exclusions: […]
Introduces macroeconomics as the basis for making smart choices as consumers, businesspeople, investors, and informed citizens judging government policies. Focuses on the performance of market economies - measured by GDP growth, unemployment, inflation - and appropriate roles for government monetary and fiscal policies. Provides intuitive fundamentals for economic literacy without the mathematical details of AP/ECON […]
Introduces microeconomics as the basis for making smart choices in life as consumers, businesspeople, investors, and informed citizen judging government policies. Focuses on cost/benefit analysis of all decisions. Provides intuitive fundamentals for economic literacy without the mathematical details of AP/ECON 1000 3.00. Course credit exclusions: None. Note: If you have successfully completed, or are currently […]