Department of Economics
ECON 1000 A – Introduction to Economics
2012 Summer Session (May 7 to August 15)
Instructor: Brian Glabb
Office: A-808 Loeb
Office Hours: By Appointment
This course provides an introduction to the discipline of economics, covering microeconomics and macroeconomics. It focuses on economic principles and concepts as well as on applications. Economic analysis is applied to a variety of contemporary issues, such as trade and globalization, supply and pricing shocks and their economic implications, the causes of and policy remedies related to environment degradation, taxation and who bears the burden, the dimensions of poverty, the tradeoffs between unemployment and inflation, labour markets and minimum-wage laws, monetary growth and inflation, as well as the relationship between investment, productivity, and economic growth.
Prerequisites for Higher-level Courses:
A grade of C- or higher is required to qualify for ECON/MATH1402, ECON2020, ECON 2102, ECON 2400, and ECON 3706. DEF(erred final grade) status at the end of this course precludes (continued) registration in any other course for which the former is a prerequisite.
Principles of Microeconomics: Fifth Canadian Edition by Gregory Mankiw, Ronald Kneebone and Kenneth McKenzie, Nelson Education/Thomson Canada, 2011 (ISBN-10: 0-17-650241-6; ISBN-13: 978-0-17-650241-6).
Principles of Macroeconomics: Fifth Canadian Edition by Gregory Mankiw, Ronald Kneebone and Kenneth McKenzie, Nelson Education/Thomson Canada, 2011 (ISBN-10: 0- 17-650242-4; ISBN-13: 978-0-17-650242-3). Study Guides to the above texts are strongly recommended.
The final grade in the course will be determined by assessing your performance in the microeconomics and macroeconomics parts of the course. Each of these parts is worth 50% of your final grade. The...