Economics
Program Description
The study of Economics is intended to provide students with general economic awareness and insight, thus making them more informed about the world in which they live. The discipline of Economics in general can be said to arise out of the problem of scarcity. We all want more and better for ourselves, but – in a world of scarce resources – there are not enough good things to satisfy our wants. Economics is the science of how we allocate scarce resources, especially through markets. Micro-Economics studies the operation of individual markets. It addresses such issues as: supply and demand, production decisions, consumer utility and preferences, shortages and surpluses, efficiency, governments in the markets, externalities, and public goods. Macro-economics is the study of markets taken together in a national economy. It addresses issues such as: productive growth, unemployment, inflation, aggregate supply, aggregate demand, interest and exchange rates, monetary and fiscal policy, and international trade. The focus is on the Canadian economy.
Admission Requirements
Program Outcomes
Graduates from University Economics courses will be able to:
- use their Economics credit courses to fulfill program requirements at Keyano or other post-secondary institution
- analyze, interpret, express, and evaluate information and ideas at the University level
- predict likely economic outcomes given various typical ‘shocks’ to the economy
- understand the basic operation of a modern market economy
- understand the basic structure of the Canadian economy and Canada’s position in the global economy
Program Structure
The following program description lists suggested Year 1 patterns only. For Year 2 course patterns, consult with a Student Advisor.
University of Alberta | ||
Course | Course Title | Credits |
6 credits of Junior English | 6 | |
Introduction to Micro-Economics | 3 | |
Introduction to Macro-Economics | 3 | |
Elementary Calculus I | 3 | |
Elementary Calculus II | 3 | |
Basic Linear Algebra I | 3 | |
Introduction to Applied Statistics I | 3 | |
6 credits chosen from Arts Core courses/option (consult the Credit Calendar) | ||
(Computer Science courses recommended as options) | ||
University of Calgary | ||
Course | Course Title | Credits |
6 credits of Junior English | 6 | |
Introduction to Micro-Economics | 3 | |
Introduction to Macro-Economics | 3 | |
Elementary Calculus I | 3 | |
Basic Linear Algebra I | 3 | |
Introduction to Applied Statistics I | 3 | |
9 credits Core courses/options (consult the Credit Calendar) | ||
University of Lethbridge | ||
Course | Course Title | Credits |
6 credits of Junior English | 6 | |
Introduction to Micro-Economics | 3 | |
Introduction to Macro-Economics | 3 | |
Elementary Calculus I | 3 | |
Introduction to Applied Statistics I | 3 | |
12 credits General Liberal Education requirements/options (consult the Credit Calendar) | ||
Transferability
Students intending to transfer to other institutions should consult the receiving institution as standards may vary.
Transfer information on each course is available at the Alberta Council on Admissions and Transfers.