Course

The Canadian Economy

Faculty
Commerce & Business Administration
Department
Economics
Course Code
ECON 1101
Credits
3.00
Semester Length
15 Weeks
Max Class Size
35
Method(s) Of Instruction
Lecture
Seminar
Course Designation
None
Industry Designation
None
Typically Offered
To be determined

Overview

Course Description
This course will provide the student with an economics framework for the analysis of the Canadian economy. Topics will include supply and demand, economic goals, monetary policy, fiscal policy and market structure. Issues of current economic interest will be discussed.
Course Content
  1. Introduction and basic concepts
  2. Economic goals, e.g., price stability, high employment, growth
  3. Government of Canada economic indicators
  4. Model(s) of income determination
  5. The money supply, Bank of Canada and monetary policy
  6. Fiscal policy, stabilizers, public debt
  7. International economics
  8. Demand, supply and elasticities
  9. The labour market
  10. Perfect and imperfect competition
  11. Current economic issues
Learning Activities

Lectures and seminars.

Means of Assessment

Assessment will be based on course objectives and will be carried out in accordance with the Douglas College Evaluation Policy.  The following is a summary of the evaluation components:

Term Tests 40% - 70%
Term Paper and/or Written Assignment(s)  0% - 20%
Final Examination 30% - 40%
Participation and/or quizzes  0% - 10%
                                                              Total      100%

Students may conduct research as part of their coursework in this class. Instructors for the course are responsible for ensuring that student research projects comply with College policies on ethical conduct for research involving humans, which can require obtaining Informed Consent from participants and getting the approval of the Douglas College Research Ethics Board prior to conducting the research.

Learning Outcomes

At the end of the course, the successful student should be able to:

  1. demonstrate knowledge of the basic terminology of economics;
  2. examine and evaluate the degree to which the goals of the economy are currently achieved;
  3. apply various analytical concepts required in the study of macro and microeconomics;
  4. evaluate policy options as they apply to domestic and international issues.
Textbook Materials

Textbooks and Materials to be Purchased by Students

Lovewell, Mark Understanding Economics, MacGraw-Hill (latest edition) 

and/or material approved by the Economics department

Requisites

Prerequisites

BC Pre-Calculus 11 OR currently active in one of the following:

PBD Accounting
PBD Advanced Human Resource Management
PBD Advanced Supply Chain Management
PBD Digital Marketing
PBD Finance
PBD International Supply Chain Management
PDD Accounting Studies
PDD Financial Analysis
PDD Financial Planning
PDD Global Banking and Economics
PDD Human Resource Management
PDD International Business Management
PDD Marketing
PDD Project Management
PDD Supply Chain Management

 

 

 

 

 

Corequisites

No corequisite courses.

Equivalencies

   

Course Guidelines

Course Guidelines for previous years are viewable by selecting the version desired. If you took this course and do not see a listing for the starting semester / year of the course, consider the previous version as the applicable version.

Course Transfers

These are for current course guidelines only. For a full list of archived courses please see https://www.bctransferguide.ca

Institution Transfer Details for ECON 1101
BC Institute of Technology (BCIT) BCIT ECON 1150 (3)
Capilano University (CAPU) CAPU ECON 1XX (3)
College of the Rockies (COTR) COTR ECON 100 (3)
Coquitlam College (COQU) COQU ECON 100 (3)
Kwantlen Polytechnic University (KPU) KPU ECON 1101 (3)
Langara College (LANG) LANG ECON 1119 (3)
Simon Fraser University (SFU) SFU ECON 1XX (3)
Thompson Rivers University (TRU) TRU ECON 1XXX (3)
Trinity Western University (TWU) TWU ECON 1XX (3)
University of British Columbia - Okanagan (UBCO) UBCO ECON_O 112 (3)
University of British Columbia - Vancouver (UBCV) UBCV ECON_V 1st (3)
University of Northern BC (UNBC) UNBC ECON 1XX (3)
University of the Fraser Valley (UFV) UFV ECON 215 (3)
University of Victoria (UVIC) UVIC ECON 100 (1.5)
Vancouver Community College (VCC) VCC HOSP 1960 (3)
Vancouver Island University (VIU) VIU ECON 100 (3)

Course Offerings

Summer 2024

CRN
Days
Dates
Start Date
End Date
Instructor
Status
CRN
22010
Tue
Start Date
-
End Date
Start Date
End Date
Instructor Last Name
TBA
Instructor First Name
(Faculty)
Course Status
Waitlist
Max
Enrolled
Remaining
Waitlist
Max Seats Count
35
Actual Seats Count
35
0
Actual Wait Count
2
Days
Building
Room
Time
Tue
Building
New Westminster - North Bldg.
Room
N4308
Start Time
9:00
-
End Time
11:50
CRN
Days
Dates
Start Date
End Date
Instructor
Status
CRN
22103
Wed
Start Date
-
End Date
Start Date
End Date
Instructor Last Name
Demeke
Instructor First Name
Abera
Course Status
Full
Max
Enrolled
Remaining
Waitlist
Max Seats Count
35
Actual Seats Count
35
0
Actual Wait Count
0
Days
Building
Room
Time
Wed
Building
New Westminster - North Bldg.
Room
N4308
Start Time
9:30
-
End Time
12:20
CRN
Days
Dates
Start Date
End Date
Instructor
Status
CRN
23428
Fri
Start Date
-
End Date
Start Date
End Date
Instructor Last Name
Demeke
Instructor First Name
Abera
Course Status
Open
Max
Enrolled
Remaining
Waitlist
Max Seats Count
35
Actual Seats Count
20
15
Actual Wait Count
0
Days
Building
Room
Time
Fri
Building
New Westminster - North Bldg.
Room
N4370
Start Time
9:30
-
End Time
12:20
CRN
Days
Dates
Start Date
End Date
Instructor
Status
CRN
23615
Thu
Start Date
-
End Date
Start Date
End Date
Instructor Last Name
TBA
Instructor First Name
(Faculty)
Course Status
Open
Max
Enrolled
Remaining
Waitlist
Max Seats Count
35
Actual Seats Count
30
5
Actual Wait Count
0
Days
Building
Room
Time
Thu
Building
New Westminster - North Bldg.
Room
N4213
Start Time
9:30
-
End Time
12:20