Our Economics program starts with micro- and macroeconomics foundation courses and extends to money and banking, environmental economics, labour economics, Canadian economic policy, and managerial economics.

ECON 103 (3) Principles of Microeconomics
The principal elements of theory concerning utility and value, price and costs, factor analysis, productivity, labour organization, competition and monopoly, and the theory of the firm.
Prerequisite: No Prerequisite.
Transfers to: UBC ECON 101, SFU ECON 103, UNBC ECON 100, and UVic ECON 103.

ECON 105 (3) Principles of Macroeconomics
The principal elements of theory concerning money and income, distribution, social accounts, public finance, international trade, comparative systems, and development and growth.
Prerequisite: ECON 103.
Transfers to: UBC ECON 102, SFU ECON 105, UNBC ECON 101, and UVic ECON 104.

ECON 210 (3) Money and Banking
Banking theory and practice in a Canadian context; the supply theory of money; the demand for money and credit creation; monetary policy in a centralized banking system and in relation to international finance.
Prerequisites: ECON 103 and ECON 105.
Transfers to: UBC, UNBC, UVic ECON 200 level, and SFU ECON 210.

ECON 260 (3) Environmental Economics
An introduction to the relationship between economic activity and the environment; causes, consequences and possible solutions to local and global environmental issues. Economic analysis of environmental problems such as water and air pollution and global climate change. Evaluation of market failures due to externalities and public goods. Market and non-market regulation of environmental problems.
Prerequisite: ECON 103.
Transfers to: UBC, UNBC, UVic ECON 200 level, and SFU ECON 260.

ECON 280 (3) Introduction to Labour Economics
An analysis of the microeconomic and macroeconomic aspects of labour markets and government policy options relating to labour markets. Institutional aspects and recent trends in the Canadian labour market, and labour market models that seek to explain the behaviour of labour market participants are examined. Policy analysis is studied with these models and is an important focus of the course.
Prerequisites: ECON 103 and ECON 105.
Transfers to: UBC, UNBC, UVic ECON 200 level, and SFU BUEC 280.

ECON 290 (3) Canadian Microeconomic Policy
Canadian governments regularly implement policies targeted at specific markets and this intervention is justified on the basis that the targeted market would not achieve desired levels of performance on their own. Why do markets fail to automatically achieve efficient outcomes (i.e., what are market failures and why do they occur)? What government policies are used to correct market failure and are they effective?
Prerequisites: ECON 103 and ECON 105.
Transfers to: UBC ECON 210, SFU ECON 290, UNBC, and UVic ECON 200 level.

ECON 291 (3) Canadian Macroeconomic Policy
A general survey of Canadian macroeconomic policy issues. Topics will include the costs of inflation and unemployment, monetary and fiscal policy, the effects of government debt and exchange rate policy.
Prerequisites: ECON 103 and ECON 105.
Transfers to: UBC, UNBC, UVic ECON 200 level, and SFU ECON 291.

ECON 295 (3) Managerial Economics
Economic foundations of managerial decision-making. Demand theory, cost and production, market structure, competitive strategy, organization of the firm, welfare-economic foundations of business regulation.
Prerequisites: MATH 105, ECON 103, and ECON 105.
Transfers to: UBC ECON 295, SFU, UNBC, and UVic ECON 200 level.