43 courses in the 1983–84 Undergraduate Calendar, read from the scanned original. The text comes from OCR, so check the scanned page before relying on a detail.
Associate Professor, Chairman K.M. Bennett, BA, MA (Queen's), PhD (McGill)
Professor, Associate Chairman W.R. Thirsk, BA (British Columbia), MA, PhD (Yale)
Associate Professor, Graduate Officer L.P. Fletcher, 3Comm (Mount Allison), AM, PhD (Brown)
Assistant Professor, Undergraduate
Officer
S.W. Kardasz, BA (Loyola), PhD (Queen's)
Professors
§.K. Ghosh, BSc, MSc (Calcutta), MS, PhD (Wisconsin)
J.H. Hotson, BA (Colorado College), MA, PhD (Pennsylvania)
R.R. Kerton, 8Comm (Toronto), MA (Carleton), PhD (Duke)
A. Koutsoyiannis, BA (Athens), PhD (Manchester), Recipient of the Distinguished Teacher Award
L. Needleman, MA (Oxford), PhD (Glasgow)
O. Wilton, 8Comm (McMaster), PhD (MALT)
Associate Professors A.A. Andrikopoutos, BA (Athens), MA (Wayne State), PhD (Southern
California) . M.C. Howard, BA, MA (Lancaster), PhD (Leicester)
N.E. Lavigne, CA, BA (Western Ontario), MComm (Ottawa), MBA (Detroit), J
W.R. Needham, BComm (Carleton), MA, PhD (Queen's) .
Assistant Professors
J.A. Brox, BA (Toronto), MA, PhD (McMaster)
E. Carvalho, BA, MA, PhD (Waterloo)
J.E. Cuenca, LIC (Madrid), MA (Western Michigan), PhD (Toronto)
R.C. Kumar, BStat, MStat (indian Statistical Institute), MA, PhD (Toronto)
F.N. Naqib, BSc (Washington), MSc (Oregon), PhD (Queen's)
K. Stollery, BA (Southern California), MA, PhD (Queen's)
Course Descriptions 311
Economics Lecturer E.W. Lau, BA (Toronto), MA (Manchester)
Course Descriptions
Courses not offered In the current academic year are listed at the end of this section.
Introductory Notes
Some Economics courses do not have a “term offered” indicated. This information will be available at preregistration and students can confirm the “term offered” with their Departmental advisor.
The “normat" number of lectures per week in each course is three; however, each instructor determines how often his or her particular class will meet.
An introduction to the central economic problems of society, the functioning of a mixed capitalistic enterprise system, the economic role of government, the . composition of and pricing of national output, pricing of productive factors, and income distribution.
Only one of ECON 101 and 103 may be taken. Also offered at St. Jerome's College.
Determination of national income; the banking system; government fiscal and monetary policy; international trade and finance; and current economic problems.
Also offered at St. Jerome's College.
The focus of the course is on the use of economic theory for understanding the behaviour of consumers and of large corporations in the modern industrial world, and on the discussion of such urgent current problems as the energy Crisis, population explosion, income inequality, economic policies of large conglomerate business, the arms race, urban congestion, environmental pollution and resource uses.
Only one of ECON 101 and 103 may be
taken.
Theory of consumer demand; production theory; market structure; resource pricing and allocation under perfect and imperfect competition. Prereq: ECON 101 or 103
Theory of the determination of the tevel of national income, employment and the Price level.
Prereq: ECON 102
Application of elementary mathematics to problems in economic theory. Topics include the graphing of functions, elementary exponential and logarithmic functions and differentiation — all developed within the context of economic theory.
Prereq: ECON 101/102 or 103/102 Students who have not taken Grade 13 Algebra and Calculus are strongly advised to take MATH 104.
An introduction to the underlying logic of statistical procedures most commonly employed by economists. No mathematical training beyond high school algebra is presumed. Emphasis is given to solving problems as a way of learning statistical theory.
Prereq: ECON 101/102 or 103/102
Theory of comparative advantage and the gains from trade; tariff theory; concepts and measurement of balance of payments; exchange rate systems; reform of international monetary system.
Prereq: ECON 101/102 or 103/102
Methods for evaluating private and public projects; decision rules, efficiency conditions and methods of conducting cost-benefit analysis. Application of the technique.
Prereq: ECON 201
A study of the economic development of Canada; export staple theory, industrial structure and national policies analysed in a Classical-Marxian framework.
Prereq: ECON 101/102 or 103/102
Distribution theory; production, consumption and general equilibrium analysis; welfare economics.
Prereq: ECON 201
Monetary theory and banking in an open economy; national policies for achieving full employment, price stability, and equilibrium in the balance of payments.
Prereq: ECON 201, 202, 231
A critical survey of the development of economic thought from the pre- Socratics to the Post-Keynesians. Emphasis on Classical Economics: Prereq: ECON 201, 202, 231
Mathematical treatment of some micro and macro-partial and general equilibrium models; programming and game theoretic techniques; stability analysis; simple growth models. Prereq: ECON 201, 202, 211 (or MATH 130)
Introductory level course in econometrics; includes economic model building and testing, regression and correlation analysis, and price indices
Prereq: ECON 221
An examination of theories of international trade and finance at an ‘intermediate level. Topics include theories of trade structure (Ricardian, Heckscher-Ohlin, and product cycle), the effects of tariffs and multinational’ corporation behaviour, the balarice of payments, and the workings of the exchange market.
Prereq: ECON 231, 201
Course Descriptions
Economics
Application of economic theory to analyses of structural characteristics, growth and development in interregional systems. Models examined include input-output, export-base, shiftshare, neo-classical, cumulative causation.
Prereq: ECON 201, 231
The nature of the problem of economic development; theories of economic development; major policy issues in economic development
Prereq: ECON 201, 202, 231
The economic rationale of - governmental fiscal activity; cost-
_ benefit analysis; the structure and
economic effects of public expenditure and revenues; the analysis of income, consumption and wealth taxes; introduction to fiscal federatism. Prereq: ECON 102, 201
Application of economic analysis to location decisions of firms and households; discussion of policy problems, for example, urban renewal and housing.
Prereq: ECON 101 or 103
(ECON 201 is recommended).
The development of economic
principles for consumer analysis. The course appraises market responsiveness as well as conditions causing problems for public and private consumption. It also evaluates alternative economic policies for correcting such conditions.
Prereq: ECON 201
An analysis of the characteristics of industrial structure, behaviour and
. performance with special reference to
Canada. Competition and “rationalization” policy in Canada and other selected countries.
Prereq: ECON 201
Wage theory, training and mobility theory; economics of information in Canadian labour markets; other investments in human capital; manpower policies.
Prereq: ECON 201
Population objectives; demographic techniques; economic interrelationships with fertility, mortality and migration; determinants and consequences of current world population changes. Prereq: ECON 201
An analysis of the economics of conservation, especially the adequacy of the market mechanism as an allocator of resource use over time. The policital economy of the world's supply of and demand for energy resources and major issues in Canadian energy ° policy wilt be considered. ‘ Prereq: ECON 201 (ECON 241 is recommended).
Application of economic theory to problems of the environment, in particular, air, water, and land pollution. Emphasis is on the theory of the management of common property resources.
Prereq: ECON 201
A “topic oriented” seminar course. The class agrees to study a Canadian problem selected from a list that includes poverty, unemployment, industrial policy, and so forth. The format assists the student in gaining analytical skill through work on the selected topics.
Prereq: ECON 207, 202
A survey of Europe's economic development from the Industrial Revolution to 1973. Case studies of England, France, Germany, Russia and the Soviet Union. Emphasis on technology, economic institutions, capital formation, standards of living and the role of the State.
Prereq: ECON 101/102 or 103/102
* .
One or more special half courses will be offered at different times as announced by the Department.
Prereq: Consent of instructor
Production and consumption theory; advanced theory of oligopology; price competition; non-price competition; growth decisions of the firm; financial decisions of the firm; decision-making under risk and uncertainty.
Prereq: ECON 301
recent contributions; theory of economic policy; inflation and unemployment; modern theories of economic growth. Prereg: ECON 301, 302
The course focuses-on the problems of forecasting economic activity (as measured by the principal macroeconomic variables), and of designing and implementing policies to control those variables; topics covered include a critical review of current forecasting modeis, problems associated with lags in the impact of policies, and so forth. Prereq: ECON 301, 302, 321
Classical, neoclassical, and Cambridge theories of growth, study of production, technical progress, and consumption; aggregate and two-sector models of. growth, growth theory in an open economy.
Prereq: ECON 301, 302, 311
Review of linear algebra, and development of basic statistical inference; formulation, identification, estimation, and tests of single equation and simultaneous equation regression models of micro- and macroeconomics, empirical models.
Prereq: ECON 201, 202, 211, 221, 327
Analysis of selected policy problems of open economies, such as optimum tariff and balance of payments stabilization.
Course Descriptions 313
Economics
An overview of fiscal! functions and institutions; the theory of social goods; expenditure and revenue structures; fiscal incidence.
Prereq: ECON 231, 301, 302, 341
Fiscal stabilization, fiscal federalism, public pricing, international public finance, social security and other contemporary policy issues.
Prereq: ECON 441
Advanced analysis of selected topics in the area of energy, land, and labour resources.
Prereq: ECON 201,.202, 231, 355
This course seeks to explain and evaluate various theoretical frameworks utilized in the analysis of different types of Economic Systems. The emphasis is placed upon those frameworks applicable to capitalism and socialism. Topics which are dealt with include Marx’s theory of capitalism, the analysis of decentralized Economic Systems in terms of Modern Walrasian theory, theories of monopoly capitalism, the development and operation of the Stallinist Command Economy, alternative principles of Socialist Economic Organization and various types of planning procedures.
Prereq: ECON 201 and 202
Development.
A study of the main tools and models of modern political economy. Micro and macro tools and concepts are integrated in a Marxian framework based on the work of Robinson, Sraffa, Kaldor, Pasinetti, Rowthorn, Nell, Sweezy and others in what can be termed the Classical Marxian’ tradition.
Prereq: Consent of the instructor.
Research and reading courses under the direction of individual instructors. Admission by consent of instructor.
Not Offered 1983-84.
Listed without a description.
Listed without a description.