BC's Indigenous Public Post-Secondary Institute

ECON-102 - Principles of Macroeconomics - 3.00 Credits

ECON-102 - Principles of Macroeconomics - 3.00 Credits

Course Details
Topics include the determination of national income, production and employment, economic goals of government and the Bank of Canada, 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. Online data from key Canadian institutions including Statistics Canada and Bank of Canada will be used to complement and deepen student knowledge of the course.
Part of the:
  • UNIVERSITY TRANSFER Department
  • Available/Required in the following Programs:
  • Administrative Studies Diploma - Diploma Completion Plan
  • Prerequisites : MATH 059, or Foundations of MATH 11 with grade of B or better, or equivalent or permission of instructor.
    Course Outline
    Instructors Qualifications: Relevant Masters Degree.
    Office Hours: 1.5 Per week.
    Contact Hours: 45
    Student Evaluation
    Procedure:
    Assignments 50-70%, Final 30-50%, Total 100%. Grading procedures follow NVIT policy.
    Learning Outcomes: Upon successful completion of this course students should be able to:

  • describe various macroeconomic concepts and their application to national economy;
  • develop ability to think critically about economic events at the aggregate level and develop logically consistent answers from both theory and applied perspectives;
  • analyze and interpret economic models such as aggregate demand and supply variables, production possibility frontiers, and aggregate expenditure models;
  • measure national income and gross domestic products using standard methodologies; and,
  • analyze fiscal and monetary policies and their effects on domestic economy.

  • Text and Materials:
  • John E. Sayre and Allan J. Morris. Principles of Macroeconomics, Canadian Edition. Current edition. Whitby, ON. McGraw–Hill Ryerson.
  • Other Resources:
    Transfer Credits: For more information visit: www.bctransferguide.ca
    Other Information: Education Council approved April 2013.