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Economics (ECON)

14 courses in the 1963–64 Undergraduate Calendar, read from the scanned original. The text comes from OCR, so check the scanned page before relying on a detail.

Notes

N. H. High, M.S., Ph.D. (Cornell) Professor and Chairman of the Department, Dean of the Faculty of Arts

Faculty listed in 1963–64

N. E. Lavigne, C.R., B.A. (Western), B.Comm. (Ottawa), M.B.A. (Detroit) Associate Professor

F. C. Miller, M.A. (Western), Ph.D. (Clark) - - - Assistant Professor R. E. Boston, M.Comm. (Toronto), Ph.D. (Michigan) - - Lecturer (Part-time)

All the following courses are Honours courses, but any of them may be taken by students in General Arts, with the exception of Economics 450, 460 and 470.

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ECON 100 Introduction to Economics

A general survey course in the Principles of Economics. Among the topics discussed are the determination of prices, the measurement and determination of the level of national income and employment, the monetary and banking system, public finance and fiscal policy, labour unions, international trade, and Canadian economic problems.

3 lectures.

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ECON 250 Intermediate Economic Theory

The theory of the firm, distribution theory, and the analysis of national income and employment. 3 lectures.

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ECON 260 Economic History of North America

A study of the significance of economic factors in the growth of western civilization on the North American Continent with special reference to Canadian problems of staple production as shown in the fishing industry, the fur trade, lumbering, railroads and new techniques, wheat, mining, pulp and paper, and hydro electric power.

3 lectures.

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ECON 350 Money and Banking and National Income

A study of the American, British and Canadian banking systems with particular reference to Canadian, central banking and monetary policies since 1935. Some time is also devoted to a discussion of the measurement and determination of the level of national income, employment and prices, money flow accounts, monetary and business cycle theory, the theory of inflation and international monetary economics.

3 lectures.

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ECON 351 Statistical Methods

Collection, processing and analysis of quantitative data, tabular and graphical presentation and analysis of statistical data, frequency distributions, probability, sampling, linear regression and correlation, construction and use of index numbers; time series analysis.

3 lectures.

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ECON 355 International Economics

The following topics are discussed in the First Term: Balance of Payments Statistics; The Economic Basis of Trade and Investment; Foreign Exchange Rates and their Determination; Commercial Policy; International Investment and Foreign Aid.

The Second half of the course studies the theory of international trade and investment, with special reference to the problems of economic development. 3 lectures.

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ECON 360 Labour Economics and Industrial Relations

The history of trade unionism, collective bargaining, and the economics of the labour market. 3 lectures.

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ECON 365 Public Finance and Fiscal Policy

The place of public expenditures and revenue in the national economy, taxation, debt management, and the role of fiscal policy in economic stabilization.

3 lectures.

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ECON 370 Industrial Organization and Public Policy

Problems of monopoly and economic concentration with special reference to Canada. Government intervention in agriculture, public utilities, transport, and foreign enterprise. Public ownership and state planning.

3 lectures.

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ECON 375 National Income Analysis

National Income Accounting; the Analysis of National Income; and, Problems of Economic Growth and Stability. 3 lectures.

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ECON 450 Advanced Economic Theory

Analysis of the theories of representative economists.. Most attention is given to the writings of Marshall, Chamberlain and Keynes.

3 lectures.

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ECON 455 History of Economic Thought

A survey of the historical development of economic theory. 3 lectures.

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ECON 460 Mathematical Economics

Mathematical formulation of economic theory; an introduction to dynamic models and their solution; the use of linear systems in economic analysis; and, introduction to input-output analysis and linear programming. 3 lectures.

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ECON 470 Canadian Economic Problems

A seminar devoted to the discussion of current Canadian economic problems and policies. 3 lectures.

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