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Economics (ECON)

13 courses in the 1964–65 Undergraduate Calendar, read from the scanned original. The text comes from OCR, so check the scanned page before relying on a detail.

Notes

Texts: Homer, Iliad, trans. Rieu, Homer, Odyssey, trans. Rieu, Ten Greek Plays in Contemporary Translations, ed. Lind, Auden, The Portable Greek Reader, Virgil, Aeneid, trans. Lewis, Ovid, Metamorphoses, trans. Humphries, Latin Poetry in Verse Translation, ed. Lind. Other texts to be announced.

3 lectures.

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ECON 350 Classical Art and Archaeology

A survey of art and architecture from the Aegean age through the Roman Empire. 2 lectures.

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ECON 370 Myth, Religion, and Art

Deities, myths, and sagas correlated with literature, religion, philosophy, politics, and art from the 6th century B.C. to the 4th century A.D.

2 lectures.

Department of Economics

W. G. Scott, B.A. (Western), M.A. (Toronto) Assistant Professor and Acting Chairman of the Department N. E. Lavigne, C.R., B.A. (Western), M.Comm. (Ottawa), M.B.A. (Detroit) Associate Professor J R. Pinola, B.A. (Minnesota), M.S. (Wisconsin), Ph.D. (Wisconsin) Associate Professor F. C. Miller, M.A. (Western), Ph.D. (Clark) - - - Assistant Professor R. W. Hedden, B.Comm. (McMaster) - - - - (Sessional) Lecturer

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 251 Statistical Methods

Frequency distributions, measures of central tendency, and dispersion, simple probability, inference theory, tests of hypotheses, power of tests, analysis of variance, linear and curvilinear correlation and regression, Chi-square and other nonparametric methods, time series, index numbers, elements of quality control and sample size determination for efficiency of estimates.

Prerequisite: Grade XIII Algebra.

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ECON 260R Economic History

Economic and social problems in the historical development of Europe from 1500 A.D. 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 measurements 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 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

History of trade unionism, wage and employment theory, collective bargaining, labour law, social security system, unions and democracy, the wage price issue, labour and economic development..

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

The 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 Economics of Development

Examines economics development and growth as it is and has been conditioned by innovations, technology, savings, methods of resource allocation, factor endowments, public policy, population. Growth theories, land use, and institutional structuring of society are also considered.

Prerequisite: Economics 100 and 250.

3 lectures.

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ECON 380 Comparative Economic Systems

A comparison of resource allocation methods, growth, and development under socialistic and capitalistic systems, and under bureaucratic and market mechanisms.

Prerequisite: Economics 100.

3 lectures.

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