Academic Calendar 2012/2013

ECON-385Intermediate Macroeconomics Theory II3 Credits (45:0:0 hours)In this course, designed for majors and honour students in economics,students examine theories of stabilization policy; expectations; thegovernment budget constraint; inflation and unemployment; businesscycles and growth; theories of aggregate consumption, investment,money demand, and money supply.Prerequisites: Minimum grade of C- in ECON 281 and ECON 282.ECON-389Mathematical Economics3 Credits (45:0:0 hours)This course focuses on mathematical techniques used to set andsolve economic problems. Topics include principles and applicationsof total and partial differentiation, comparative static analysis,constrained and unconstrained optimization, linear inequalities,convexity, programming, other mathematical theories of interest inmodern economics.Prerequisites: Minimum grade of C- in ECON 281, ECON 282, MATH113 and MATH 120.ECON-399Introductory Econometrics3 Credits (22.5:22.5:0 hours)This course provides an elementary treatment of the major topics ineconometrics with emphasis on applied regression methods. Note:Students with credit in AREC 313 or ECON 408 or MGTSC 413 orMGTSC 414 or MGTSC 417 or MGTSC 419 or STAT 341 may not takeECON 399.Prerequisites: Minimum grade of C- in ECON 281 and ECON 299.ECON-401Field Placement3 Credits (0:0:45 hours)In this course, the students are assigned to a public, private, or nonprofitorganization where they apply their knowledge and skills inresearch, evaluation, management or analytical aspects of a project.Note: This course does not fulfill the 400-level requirement for themajor and minor.Prerequisites: Minimum grade of C- in ECON 299 and consent ofthe department.ECON-403Individual Study3 Credits (0:0:45 hours)This course permits a senior-level student to work with an instructorto explore a specific economic topic in depth through directed readingand research using primary and secondary sources.Prerequisites: A minimum grade of C- in ECON 281 and ECON 282 andECON 299 or consent of the department.ECON-414Development Economics3 Credits (45:0:0 hours)This course focuses on economic models of growth and developmentin developing countries. Topics include the role of agriculture, industry,finance, and trade in structural transformation of developing countriesas well as the various approaches to development planning.Prerequisites: Minimum grade of C- in ECON 281 and ECON 282.ECON-421International Trade3 Credits (45:0:0 hours)This course examines international trade theory and policy at a moreadvanced level and is intended for students majoring in Economics.Topics include: nature and relevance of international trade; early tradedoctrines; the theory of comparative advantage; classical and modernapproaches and empirical evidence of them; new approaches to thepure theory of international trade; economic growth and internationaltrade; market imperfections and trade; commercial policy; economicintegration and the gains from trade.Prerequisites: Minimum grade of C- in ECON 281 and MATH 113.ECON-422International Payments3 Credits (45:0:0 hours)This course examines these macroeconomic topics: the types ofinternational transactions, macroeconomics in an open economy,exchange rates, balance of payments adjustments, and issues within theinternational monetary system.Prerequisites: Minimum grade of C- in ECON 281, ECON 282 andMATH 113 or equivalent.ECON-441Monetary Theory and Policy3 Credits (45:0:0 hours)In this course students examine formal modelling of money and recentdevelopments in monetary economics including inflation tax andthe optimum quantity of money. Key topics include term structureof interest rates, money and economic activity, rules -vs- discretion inmonetary policy, and the role of financial deregulation.Prerequisites: Minimum grade of C- in ECON 281, ECON 282 andMATH 113 or equivalent.ECON-442The Economics of Financial Markets3 Credits (45:0:0 hours)The central topics covered in this course include the measurements ofrisk, hedging and speculation, market microstructure, asset pricing andmarket equilibrium.Prerequisites: Minimum grade of C- in ECON 281, STAT 141 orequivalent, and MATH 113 or equivalent.ECON-467Environmental and Natural Resource Policy3 Credits (45:0:0 hours)This course focuses on the relationships between economicsand environmental and natural resource law; domestic andglobal policy issues related to environmental, renewable andnon-renewable resources.Prerequisites: Minimum grade of C- in MATH 113, ECON 281 andECON 365 or ECON 366 or ECON 369.ECON-481Advanced Microeconomic Theory3 Credits (45:0:0 hours)This honours level course is an advanced microeconomics studyof producer and consumer theory, general equilibrium and welfareeconomics, and selected topics.Prerequisites: Minimum grade of C- in ECON 384 and ECON 389 orconsent of the department.course Descriptions • course Descriptions • course Descriptions • course Descriptions • course Descriptions • course DescriptionsGrant MacEwan University • A C A D E m I CRefer to the Online Alberta Transfer Guide at www.transferalberta.ca for transfer opportunitiesC A L E N D A R 2012/2013 • www.MacEwan.ca279