ECON*1100: Introductory Macroeconomics looks at the Canadian Economy in terms of aggregate performance and policy; analysis of the determinants of national income, employment and the price level, and the role of government monetary and fiscal policies in improving the rate of economic growth.

Course Structure:

• Introduction to Macroeconomics: How Markets Work

• Macroeconomic Indicators and their Measurement

• Economic Growth

• The Economy in the Short Run

• Monetary and Fiscal Policy

• Macroeconomics in an Open Economy

Key Areas of Focus:

• Recognize macroeconomic concepts including GDP, price indices, growth, exchange rates, interest rates, money multipliers, expenditure multipliers, balance of payments, budget balances, trade balances and productivity measures;

• Measure economic activity including inflation, GDP, unemployment, savings, and balance of payments;

• Interpret expansionary and inflationary gaps, economic booms and recessions, and distinguish between short-run and long run macroeconomic outcomes;

• Analyze and interpret economic models such as the foreign exchange market model, the loanable funds market model, the aggregate expenditure model, and the AD/AS model;

• Analyze financial markets including the foreign exchange market, the money market, and the bond market;

• Explain and give examples of monetary, fiscal, and exchange rate policy;

• Justify an opinion on the role of government with respect to the values of Canadian macroeconomic indicators; and

• Interpret Canadian economic performance in a historical and global context.

COURSE CODE

COURSE NAME

ACCT*1220

Introductory Financial Accounting

ACCT*1240

Applied Financial Accounting

ACCT*2230

Management Accounting

ACCT*3340

Intermediate Financial Accounting II

ACCT*3350

Taxation

ECON*1050

Introductory Microeconomics

ECON*1100

Introductory Macroeconomics

ECON*2310

Intermediate Microeconomics

ECON*2740

Economic Statistics

ECON*3740

Introduction to Econometrics

FIN*2000

Introduction to Finance

FIN*3000

Investments

FIN*3100

Corporate Finance

FIN*3200

Fundamentals of Derivatives

FIN*3500

Money, Credit, and the Financial System

HROB*2090

Individuals and Groups in Organizations

MCS*1000 

Introductory Marketing

MCS*3040

Business and Consumer Law

STAT*2040

Statistics I

STAT*2060

Statistics for Business Decisions

STAT*4360

Applied Time Series Analysis