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Dec 03, 2024
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ECON 2020U – Macroeconomics As an introductory course in economics, macroeconomics introduces the student to principles such as unemployment, inflation, economic growth, the multiplier, equilibrium, fiscal policy, and monetary policy. The student builds on the knowledge of the market from microeconomics and proceeds to an understanding of aggregate demand and supply. The principle of money and banking are introduced along with the role of the Bank of Canada. The course also introduces the student to the principles of international trade theory. Credit hours: 3 Lecture hours: 2 Tutorial hours: 1.5 Credit restriction(s): BUSI 2050U
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