1013 Introduction to Economics (Micro)
This course, which is equivalent to one-half of ECON 1006, examines the behaviour of consumers and producers in a market economy. Among the issues discussed will be environmental protection, wealth and poverty, and the extent of corporate power.
3 credit hours. (Credit will not be given for both ECON 1006 and ECON 1013.)
1023 Introduction to Economics (Macro)
This course, which is equivalent to one-half of ECON 1006, analyzes the Canadian economy and how it works. It includes a discussion of output, unemployment, growth, money, international trade and finance. 3 credit hours. (Credit will not be given for both ECON 1006 and ECON 1023.)
2103 Microeconomic Theory I
A theory course which develops the basic techniques of microeconomic analysis. Topics will include theories of consumer demand, production, costs, the behaviour of producers under different market conditions, and the functioning of commodity markets. 3 credit hours.
2123 Quantitative Methods I
An introduction to basic statistical techniques of estimation and inference. The topics covered include: collection, organization, and presentation of data, frequency distributions, parameter estimation, probability, probability distributions, tests of hypotheses, confidence intervals, analysis of variance, and index numbers. 3 credit hours.
This course may not be taken for credit by students who already have received credit for an introductory statistics course in another discipline at STU or have received credit for an introductory statistics course taken in any discipline from another university.
2413 Social Security and Aging
This course will examine economic aspects of various problems and policy issues in relation to the aged population in the industrialized countries. A particular emphasis will be placed on an examination of the existing social security system for our elderly population in Canada and possible reforms. 3 credit hours. [Old 2-365]
3133 Microeconomic Theory II
A continuation of the study of microeconomic theory. Topics will include an analysis of factor markets, technological change, partial and general equilibrium, and an analysis of the limitations of neoclassical microeconomic theory. Prerequisite: ECON 2103. It is strongly recommended that MATH 1013 & 1023 be taken prior to this course or concurrently. 3 credit hours.
3163 Quantitative Methods II
A continuation of Quantitative Methods I. The topics covered include: simple regression analysis, multiple regression analysis, residual analysis, time-series analysis, decision making under uncertainty. Prerequisite: 2123. 3 credit hours. This course may not be taken for credit by students who already have received credit for a comparable statistics course in another discipline at STU or from another university.
3173 History of Economic Thought
An introduction to the history of economic thought from the period of Adam Smith to the present. The course will emphasize some of the great economic thinkers, and concentrate on reading parts of their original works, rather than textbook summaries. The works of Adam Smith, Ricardo, Malthus, Say, Marx, Jevons, Walras and Keynes will be included. 3 credit hours.
4106 Mathematical Economics
An application of mathematical techniques such as differential calculus, integral calculus and matrix algebra to micro and macro economic theory and policy. The topics covered include: demand, cost, production, general equilibrium, growth and policy analysis. Prerequisite: MATH 1023, ECON 3133, ECON 3143. 6 credit hours.
4183 Econometrics I
This course deals with the elementary problems of estimation and inference in single equation models. The topics covered include model specification, multicollinearity, heteroscedasticity, autocorrelation and dummy variables. An emphasis is placed on applications. Prerequisite: ECON 3163. 3 credit hours.
4193 Econometrics II
This course deals with some advanced problems of estimation and inference in single equation models, problems of identification, estimation and inference in simultaneous equation models, and the models of time series analysis. Prerequisite: MATH 1013-1023 and ECON 4183. 3 credit hours.
4533 Honours Research Project
This course, open to honours students, is a directed research project under the supervision of a faculty member. The course involves a major essay or report on a topic chosen by the student in consultation with the faculty member. 3 credit hours.
4546 Honours Thesis
The honours thesis is a scholarly essay or research paper on a topic chosen by the student in consultation with a faculty member who agrees to serve as thesis advisor. When completed, the thesis is read and graded by the thesis advisor and two other members of the department. A minimum grade of B is required on the thesis for an honours degree. 6 credit hours.
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