Topics include the determination of national income, production and employment, economic goals of the federal government and the limitation of monetary and fiscal policy in dealing with Canada's unemployment, inflation and balance of payments problems. Keynesian policy, monetarism and supply side economics will be studied in detail.
An introductory course for students who may wish to take additional courses in Economics.
Prerequisite: B or better in Principles of Math 11 or Applications of Math 12, or MATH 051, or equivalent; Principles of Math 12 highly recommended