Canadian Microeconomic Policy

Faculty
Commerce & Business Administration
Department
Economics
Course Code
ECON 2490
Credits
3.00
Semester Length
15 Weeks X 4 Hours per Week = 60 Hours
Max Class Size
35
Method Of Instruction
Lecture
Seminar
Typically Offered
To be determined
Campus
Online

Overview

Course Description
Microeconomics is the study of how resources are allocated by individual decision makers in their market pursuits. In a modern industrial economy like Canada's, it is also true that government policy influences the allocation of resources. Canadian Microeconomic Policy utilizes principles of microeconomics to examine policy issues such as: government controlled prices and quantities, marketing boards, tax policy, competition policy, regulation of industry, trade policy and environmental protection.
Course Content
  1. Review of supply and demand
  2. Consumer surplus and measures of welfare
  3. Government controlled prices and quantities
  4. Marketing boards
  5. Tax Policy
  6. Imperfect Competition and Anti-Competitive Practices
  7. Competition Policy
  8. Regulation of Industry
  9. Trade Policy: Theory and Institutions
  10. Externalities and Environmental Protection
  11. Public Goods.
Methods Of Instruction

Lecture and Seminar.

Means of Assessment
Final Examination     30% - 40%
Term Tests 40% - 70%
Assignments   0% - 20%
Participation   0% - 10%
Total         100%
Learning Outcomes

At the end of the course, the student will be able to:

  1. apply supply and demand analysis to examine issues such as government price and quantity controls and tax policy;
  2. utilize different theories of market structure to analyze anti-trust policy issues;
  3. analyze the economics of regulation from a public interest and private interest perspective;
  4. evaluate the efficacy of the policy options available to government authorities to deal with the problems of externalities and public goods.
Textbook Materials

Textbooks and Materials to be Purchased by Students

The main texts are to be chosen from the following, as determined by the instructor:

 

Brander, James.  Government Policy Toward Business, Latest Ed.  Butterworths.

Carson, Robert.  Economic Issues Today, Latest Ed.  St. Martin's Press.

Luciani, Patrick.  Economic Myths: Making Sense of Canadian Policy Issues, Latest Ed.  Addison-Wesley.

Supplementary materials may be chosen, as determined by the instructor.

Requisites

Prerequisites

Corequisites

No corequisite courses.

Equivalencies

No equivalent courses.

Requisite for

This course is not required for any other course.

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

Institution Transfer Details Effective Dates
Alexander College (ALEX) ALEX COMM 290 (3) 2008/09/01 to -
Capilano University (CAPU) CAPU ECON 290 (3) 2004/09/01 to -
Langara College (LANG) LANG ECON 2XXX (3) 2011/09/01 to -
Simon Fraser University (SFU) SFU ECON 290 (3), Q 2004/09/01 to -
Thompson Rivers University (TRU) No credit 2004/09/01 to -
Trinity Western University (TWU) TWU ECON 308 (3) 2004/09/01 to -
University of British Columbia - Okanagan (UBCO) UBCO ECON 2nd (3) 2004/09/01 to -
University of British Columbia - Vancouver (UBCV) UBCV ECON 210 (3) 2004/09/01 to -
University of Northern BC (UNBC) UNBC ECON 2XX (3) 2004/09/01 to -
University of the Fraser Valley (UFV) UFV GE 1XX (3) 2004/09/01 to -
University of Victoria (UVIC) UVIC ECON 2XX (1.5) 2004/09/01 to 2013/08/31
University of Victoria (UVIC) UVIC ECON 3XX (1.5) 2013/09/01 to -
Vancouver Island University (VIU) VIU ECON 2nd (3) 2004/09/01 to -

Course Offerings

Winter 2021

There aren't any scheduled upcoming offerings for this course.