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The Canadian Economy

Course Code: ECON 1101
Faculty: Commerce & Business Administration
Department: Economics
Credits: 3.0
Semester: 15 Weeks X 4 Hours per Week = 60 Hours
Learning Format: Lecture, Seminar
Typically Offered: TBD. Contact Department Chair for more info.
course overview

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

Methods of Instruction

Lectures and seminars.

Means of Assessment

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


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.

course prerequisites

B.C. Principles of Math 11


Courses listed here must be completed either prior to or simultaneously with this course:

  • No corequisite courses


Courses listed here are equivalent to this course and cannot be taken for further credit:

  • No equivalency courses

curriculum 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 schedule and availability
course transferability

Below shows how this course and its credits transfer within the BC transfer system. 

A course is considered university-transferable (UT) if it transfers to at least one of the five research universities in British Columbia: University of British Columbia; University of British Columbia-Okanagan; Simon Fraser University; University of Victoria; and the University of Northern British Columbia.

For more information on transfer visit the BC Transfer Guide and BCCAT websites.


If your course prerequisites indicate that you need an assessment, please see our Assessment page for more information.