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2000 Simcoe Street North
Oshawa, Ontario L1G 0C5
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905.721.8668

Ontario Tech University is the brand name used to refer to the University of Ontario Institute of Technology.

Ontario Tech acknowledges the lands and people of the Mississaugas of Scugog Island First Nation which is covered by the Williams Treaties and are the traditional territory of the Mississaugas, a branch of the greater Anishinaabeg Nation, including Algonquin, Ojibway, Odawa and Pottawatomi. Learn more.

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Ontario Tech University

Nov 11, 2026

2026-2027 Undergraduate Academic Calendar

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2026-2027 Undergraduate Academic Calendar

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POSC 4800U – Advanced Topics in Business, Economy and Society

This course examines major issues related to the operation of the economy and the activities of corporations and businesses. It focuses on two main areas. First, it provides students with a detailed understanding of the long-term relationship between technological innovation and economic development. Students will be introduced to long-wave approaches to economic growth and will explore the role of innovation ecosystems—including those managed or directly supported by the state—in driving technological advancement. Second, the course explores how money, credit, and the banking system underpin the functioning of modern economies. Topics in this section of the course include the hierarchy of credit, the historical evolution of monetary and banking institutions, and the political economy of credit creation. Students will also examine horizontalist approaches to money and critically assess the theoretical foundations and policy implications of Modern Monetary Theory.
Credit hours: 3
Lecture hours: 3
Prerequisite(s): Third-, fourth- or fifth-year standing
Recommended: POSC 2800U and POSC 3800U
Experiential learning: Yes

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