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.
- Review of supply and demand
- Consumer surplus and measures of welfare
- Government controlled prices and quantities
- Marketing boards
- Tax Policy
- Imperfect Competition and Anti-Competitive Practices
- Competition Policy
- Regulation of Industry
- Trade Policy: Theory and Institutions
- Externalities and Environmental Protection
- Public Goods.
Methods of Instruction
Lecture and Seminar.
Means of Assessment
||30% - 40%
||40% - 70%
|| 0% - 20%
|| 0% - 10%
At the end of the course, the student will be able to:
- apply supply and demand analysis to examine issues such as government price and quantity controls and tax policy;
- utilize different theories of market structure to analyze anti-trust policy issues;
- analyze the economics of regulation from a public interest and private interest perspective;
- evaluate the efficacy of the policy options available to government authorities to deal with the problems of externalities and public goods.
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.
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.