39 courses in the 1973–74 Undergraduate Calendar, read from the scanned original. The text comes from OCR, so check the scanned page before relying on a detail.
Notes
' Professor, Chairman of the
Department
Faculty listed in 1973–74
Associate Professor, Deputy ‘ Chairman Prdfessors
Associate Professors
-
Assistant Professors
Lecturers (part-time)
Associated Faculty Professors
Faculty listed in 1973–74
Associate Professor
R.A. Mundell, B.A. (U.B.C.), Ph.D. (MIT) R. Blackhurst, B.S. (California), Ph.D. (Chicago)
K.M.H. Bennett, 2.4., M.A. (Queens) S.G. Clarke, B.A., M.A., Ph.D. (Queen’s) s S.W. Kardasz, B. & (Loyola)
.F. Miller, M.A. (Berlin), Ph.D. (Bochum, Germany)
A. Olsen, B.Comm. (Sir George Williams), M.B.A. (Western Ontario)
D.J. Cianci, BAp.Se. (U.B.C.)
Faculty listed in 1973–74
E. Gram, B.A. (Bryn Mawr College), M.A. (Wisconsin) HN. Gram, 3.4, (U.B.C.)
R. Kilimnik, 2.4, (Waterloo), M.B.4, (McMaster)
S. McDougall, B.A. (Western Ontario), C.A.
Faculty listed in 1973–74
T. Williams, B.A. (Northwestern), M.A. (Chicago)
E. Milne, B.4. (Windsor), M.A. (Northwestern)
Faculty listed in 1973–74
G. Berman, Ph.D. (Toronto), Chairinan, Department of Combinatorics and Optimization D. A. Sprott, Ph.D. (Toronto), Chairman, Department of Statistics
D. W. Conrath, B.A. M.S. (Stanford), M.A., Ph.D. (U.C. at Berkeley), Department of Management Sciences \ 1) The number of courses offered i ina particular year will not necessarily include all of thase listed below..
2) The number of hours or lectures shown after the course description is an attempt to indicate the “normal”: each instructor determines how often his particular class will meet.
Undergraduate Courses
Economics 101, 102 comprise the regular sequence of courses in introductory economics for students majoring in this field, and for other students who plan to do additional work in economics. Students proceeding to a General Arts degree with a major in Economics are required to take as part of their programme Economics 201*, 202* and 231*, 232*, or 203*, 204* and 205*, 206*.
Central problems of every economic society, the functioning of a mixed capitalistic enterprise system, the economic role of government, the composition and pricing of national output, pricing of productive factors and income distribution. 3 lectures.
The student can pursue his studies through any one of the following methods: The economics of public and private decision processes with 101A: emphasis on general principles of economic analysis. (Also offered at St. Jerome’s.) The evolution of the institutions and processes of economic 101H: society. General economic principles are developed within the historical context. Decision and choice. theory discussed in a mathematical 101M: mode. ‘
Determination of national income, the banking system and government fiscal and monetary policy, international trade and finance, and current economic problems. 3 lectures..
General principles are emphasized and applied to economic 102A: analysis. (Also offered at St. Jerome’s.) A continuation of Economics 101H 102H:. Prerequisite: 101H or consent of instructor. National income models and related theory discussed in a 102M: mathematical made. Any one of the A, H, or M sections serves as a prerequisite for further courses in Economics.
Theory of consumer demand; production theory; resource pricing and allocation under perfect and imperfect competition. Prerequisite: Economics 101. 3 lectures.
Theory of individual and group demand for one and several commodities, theory of individual and group production and supply under various types of market structure. Economics 203* and 204* are similar to economics 20]* and 202° but make greater use of mathematical techniques. Prerequisite: Economics 101, Mathematics 129, 130.
Theory of capital and investment; theories of general equilibrium of employment, output, price and money; processes of adjustments to ! changes in parameters and relationships. Prerequisite: Economics 102.
ECON 235Canadian Money and This course studies the development of the Canadian financial system;
Banking the legislation governing financial intermediaries; the microeconomics of
the financial sector; the practice and theory of the role of the financial sector vis-a-vis stabilization policy in closed and open economies. + Prerequisite: Economics 101, 102. .
3 lectures.
‘41* Economic History of Canada. The economic development of Canada to 1914.
Prerequisite: Economics 101, 102. Lectures and seminars.
42* Economic History of Canada Canadian economic development since 1914; regional a and national
a
‘economic problems and policies. Prerequisite: Economics 241. Lectures and seminars.
ECON 161Enropean Economic History Selected topics in European economic development i in the Medieval
’ period. Emphasis is given to the nature and origin of the forces which
gave rise to particular methods of economic organization and institutions and to the emergence of the market society. 2 lectures, I hour discussion.
62* European Economic History Selected topics in European economic development in the modern
period. Particular emphasis is placed on a comparative analysis of the economic development of the countries of Europe, particularly England, France and Germany.
ECON 300Statistical Methods Frequency distributions; measures of central tendency, dispersion, :
skewness and kurtosis; probability theory; tests of hypotheses; sampling techniques; time series analysis; aggregation and index numbers; the estimation and testing of economic relationships using regression and correlation techniques, elementary decision theory.
Estimation procedures; maximum likelihood methods—sampling distribution of estimates—Point and interval estimation—Properties of estimators—The nature of Statistical Decision problems or testing of hypotheses—Applications to Business problems.
Theory and estimation of Linear Models—Simple models of analysises of variance and covariance—Methods of Multivariate analysis in Business and Economics—Testing of hypotheses in Linear Models.
An advanced level treatment of the economic development of North America with particular emphasis given to various facets of the economic inter-relationships between Canada and the United States. Prerequisite: Economics 201, 202. Lectures and seminars.
The economic rationale of governmental activity; budget systems and the elements of cost benefit analysis; the structure and economic effects of government revenues and expenditures; the role of fiscal policy in economic stabilization and growth. Prerequisite: Economics 201, 202.
The economic rationale of taxation; principles of tax equity; a study of the principles of income, consumption and wealth taxation, and their application in Canada at the Federal, Provincial and Municipal levels of government. Economics 101*/102* Prerequisites.
The pure theory of international trade; balance-of-payments statistics; meaning and measurement of payments imbalances; exchange rate systems; commercial policy, international investment and foreign aid; problems and suggested modifications of the international monetary system. Prerequisite: Economics 201, 202. 3 lectures.
Environmenta! problems and economic development. Micro- and macroeconomic concepts of welfare. Economic growth and environmental quality. Environmental policy in Canada, U.S. and other selected countries. Prerequisite: Economics 101, 102. Also listed as Man Environment 320. 3 hours.
The objective of this course is to provide an in depth analysis of accounting procedures and the rationale behind these procedures. A study is made of the reporting process, matching of costs and revenues, money value items, captial determination and presentation, and accounting for internal management. Prerequisite: Economics 256, 257.
Conventional methods of accumulating, summarizing, and interpreting costs. Job order and process costing. Budgetary control with standard costs. Cost and profit analyses for decision-making purposes. Prerequisite: Economics 257.
The general problem of financing business activites; the financial organization and control of corporations, liquidations and re-organization; the operation of capital markets. Prerequisite: Economics 256.
Wage theory; training and mobility theory; economics of information in Canadian labour markets; active manpower policies. Prerequisite: Economics 201*, 202* or equivalent 3 Lectures, fall term.
Demographic techniques; economic interrelationships with fertility, mortality, morbidity; theory of an optimum population. Prerequisite: Economics 201, 202, or permission of instructor. 3 lectures, winter term \
An analysis of the characteristics of industrial structure, behaviour and performance with special reference to Canada. Competition policy in Canada, the United States, and other selected countries. Prerequisite: Economics 201, 202, or 203, 204. 3 lectures. Study of changes in the levels of national output; theories of the business
ECON 421Welfare Economics 0 History af Economic Thought
Concept of efficiency; Pareto, Scitovsky, Hicks, and Little criteria for increase in welfare; application of welfare economics, location of industry, and public utilities. Prerequisite: Economics 201, 202 or equivalent. 3 lectures.
A survey of the historical development of economic theory. Prerequisite: Economics 201, 202, 231, 232, or equivalent.
The problem of economic development; theories of growth; the significance for economic development of capital accumulation, technology, natural resources and population. Allocation of investment resources; the role of economic institutions; public policies to stimulate economic development. Prerequisite: Economics 201, 202, 231, 232 or equivalent. 3 lectures.
Theory of estimation of parameter of economic models and tests thereof. Both aggregative and micro-economic models will be considered. Students will be assumed to have an adequate knowledge of elementary calculus and algebra but other mathematical techniques will be developed as they become necessary. A special section of this course is available for ‘Mathematics students. Prerequisite: Economics 201*/202*, 231 */232* 300, or equivalent.
This course is designed to develop corporate financing priorities and an individual’s investment policy. The first part of the course includes a study of analytical techniques for the appraisal of corporate and government securities, security price movements, indentures, sources and interpretation of information and the technical character of security markets. The second part studies the management of portfolios of individuals and institutional investors; the relation of investment policy to individual acquirement, and national securities policy. Prerequisite: Economics 366, 367. 3 lectures. (Not offered in 1973-74.)
Mathematical formulation of economic theory; solutions to systems of simultaneous difference and differential equations; introduction to dynamic models; analysis of stability conditions; introduction to linear and non-linear programming, input-output analysis, game theory. A special section of this course is available for Mathematics students. Prerequisite: Economics 201, 202, 231, or equivalent. 3 lectures.
An analytical comparison of resource-allocation methods, growth and development under socialist and capitalist systems. _ Prerequisite: Economics 201, 202, 231 or permission of instructor. 3 lectures.