39 courses in the 1984–85 Undergraduate Calendar, read from the scanned original. The text comes from OCR, so check the scanned page before relying on a detail.
Department of Economics
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, BComm (Mount Allison), AM, PhD (Brown)
Lecturer, Undergraduate Officer E.W. Lau, BA (Toronto), MA (Manchester)
Professors "§.K. Ghosh, BSc, MSc (Calcutta), MS, PhD (Wisconsin) J.H. Hotson, BA (Colorado College), MA, PhD (Pennsylvania) R.R. Kerton, BComm (Toronto), MA (Carleton), PhD (Duke) L. Needleman, MA (Oxford), PhD _ (Glasgow) D. Wilton, BComm (McMaster), PhD (Massachusetts Institute of Technology)
Associate Professors
A.A. Andrikopoulos, BA (Athens), MA (Wayne State), PhD (Southern California)
J.A. Brox, BA (Toronto), MA, PhD (McMaster)
J.E. Cuenca, LIC (Madrid), MA (Western Michigan), PhD (Toronto)
M.C. Howard, BA, MA (Lancaster), PhD (Leicester)
S.W. Kardasz, BA (Loyola), PhD (Queer s)
N.E. Lavigne, CR, BA (Western Ontario}, MComm (Ottawa), MBA (Detroit), J W.FA. Needham, 8Comm (Carleton), MA.
PhD (Queen's)
Assistant Professors
R.D. Bodell, BSc (Sydney, Australia), MA, PhD (York)
E. Carvalho, BA, MA, PhD (Waterloo)
R.C. Kumar, BStat (indian Statistical institute), MA, PhD (Toronto)
F.N. Naqib, BSc (Washington), MSc (Oregon), PhD (Queen's)
T.T. Nguyen, BSc, ChE (California- Berkeley), MA (Simon Fraser), PhD (Western Ontario)
K. Stollery, BA (Southern California), MA, - PhD (Queens)
Lecturers
R.A. Androkovich, BSc (Lethbridge), MA (Western Ontario)
B.H. Bentley, BA (Mount Allison), MA (Windsor)
Course Descriptions
Courses not offered in the current academic year are listed at the end of this section.
Introductory Notes
1. 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.
2. The "normal number of lectures per week in each course is 3; 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 enterprise system, the economic role of government, the composition of and pricing of national output, pricing of productive factors, and income distribution.
Determination of national income; the banking system; government fiscal and monetary policy; international trade and finance; and current economic problems.
Theory of consumer demand; production theory; market structure; resource pricing and allocation under perfect and imperfect competition.
Prereq: ECON 101
Théory of the determination of the level of national income, employment and the price level, and macroeconomic policies to affect these determinates.
Prereq: ECON 102
16.39
Application of elementary mathematics to problems in economic theary. 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
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 feaming statistical theory.
Prereq: ECON 101/102
Students who have taken or are taking a course of similar content in anather discipline should check with their Undergraduate Officer or the Arts Registrar's Office to determine if credit will be granted for both courses.
Economics
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
Evaluation : 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 stage theory, industrial structure and national policies analyzed in a Classical-Marxian framework.
Prereq: ECON 101/102
Theory of modern welfare economics with some applications, the meaning and measurement of economic efficiency and equity and their relationship to economic welfare. Prereq: ECON 201, 202
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
Economics
Mathematical treatment of some micro-
and macro-partial and general
equilibrium models; programming and
other techniques; 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.
ECON’331 F 3C 05 International Trade and Finance 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 balance of payments, and the workings of the exchange market.
Prereq: ECON 231, 201
Application of economic theory to analyses of structural characteristics, growth and development in interregional systems. Models examined include integration of regional economic analysis in view of Canadian policy, 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
Tre 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 federalism. 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 {ECON 201 is recommended).
The development of economic principies for consumer analysis. The course examines 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
Course Descriptions Economics
An analysis of the economics of conservation, especially the adequacy of the market mechanism as an allocator of resource use over time. Issues concerning the economic behaviour of Canada’s fishery, forest, fuel and nonfuel mineral industries will be considered.
Prereq: ECON 20f
(ECON 241 is recommended.)
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 201, 202
One or more special haif courses will be offered at different times as announced by the Department.
Prereq: Consent of instructor
This course concentrates upon Walrasian general equilibrium analysis with special reference to Debreu’s formulation and temporary equilibrium theory; the micro-foundations of Keynesian economics and the Sraffian alternative to, and critique of, supply and demand theories.
Prereq: ECON 301
Classical and Keynesian models and
recent contributions; theory of economic
policy; inflation and unemployment.
modern theories of economic growth. Prereq: ECON 301, 302
ECON. 403. W 3C 05
Economic Analysis, Forecasting, and Public Polley
The course focuses on the problems of forecasting economic activity (as measured by the principal macroeconomic variables), and of designing and implementing policies to contro! those variables; topics covered include a critical review of current
- forecasting models, problems
associated with lags of the impact of policies, and so forth. Prereq: ECON 301, 302, 321
Economics
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 macro-economics; empirical models.
Prereq: ECON 201, 202, 211, 221, 321
Analysis of selected policy problems of open economies, such as optimum tariff and balance of payments stabilization, international capital flows, monetary and fiscal policy mix, multinational firms, international monetary reform and the new international economic order. Prereq: ECON 301, 302, 331
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 concentrates upon the criteria which are relevant for comparing different economic systems, how well various forms of economic theory make comparisons, the development of capitalist and socialist economies, together with the analysis of alternative types of price system and planning. Prereq: ECON 201 and 202
ECON 463 . Political Economy of Capitalist 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 instructor
Research and reading courses under
the direction of individual instructors. Admission by consent of instructor.
Not offered in 1984–85.
Not offered in 1984–85.
Not offered in 1984–85.
Not offered in 1984–85.
Not offered in 1984–85.