The Canadian Economy
Overview
- Introduction and basic concepts
- Economic goals, e.g., price stability, high employment, growth
- Government of Canada economic indicators
- Model(s) of income determination
- The money supply, Bank of Canada and monetary policy
- Fiscal policy, stabilizers, public debt
- International economics
- Demand, supply and elasticities
- The labour market
- Perfect and imperfect competition
- Current economic issues
Lectures and seminars.
Assessment will be based on course objectives and will be carried out in accordance with the Douglas College Evaluation Policy. The following is a summary of the evaluation components:
| Term Tests | 40% - 70% |
| Term Paper and/or Written Assignment(s) | 0% - 20% |
| Final Examination | 30% - 40% |
| Participation and/or quizzes | 0% - 10% |
| Total | 100% |
Students may conduct research as part of their coursework in this class. Instructors for the course are responsible for ensuring that student research projects comply with College policies on ethical conduct for research involving humans, which can require obtaining Informed Consent from participants and getting the approval of the Douglas College Research Ethics Board prior to conducting the research.
At the end of the course, the successful student should be able to:
- demonstrate knowledge of the basic terminology of economics;
- examine and evaluate the degree to which the goals of the economy are currently achieved;
- apply various analytical concepts required in the study of macro and microeconomics;
- evaluate policy options as they apply to domestic and international issues.
Textbooks and Materials to be Purchased by Students
Lovewell, Mark Understanding Economics, MacGraw-Hill (latest edition)
and/or material approved by the Economics department
Requisites
Prerequisites
BC Pre-Calculus 11 OR currently active in one of the following:
PBD Accounting
PBD Advanced Human Resource Management
PBD Advanced Supply Chain Management
PBD Digital Marketing
PBD Finance
PBD International Supply Chain Management
PDD Accounting Studies
PDD Financial Analysis
PDD Financial Planning
PDD Global Banking and Economics
PDD Human Resource Management
PDD International Business Management
PDD Marketing
PDD Project Management
PDD Supply Chain Management
Corequisites
No corequisite courses.
Equivalencies
Course Guidelines
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.
Course Transfers
These are for current course guidelines only. For a full list of archived courses please see https://www.bctransferguide.ca
| Institution | Transfer details for ECON 1101 |
|---|---|
| BC Institute of Technology (BCIT) | BCIT ECON 1150 (3) |
| Capilano University (CAPU) | CAPU ECON 1XX (3) |
| College of the Rockies (COTR) | COTR ECON 100 (3) |
| Coquitlam College (COQU) | COQU ECON 100 (3) |
| Kwantlen Polytechnic University (KPU) | KPU ECON 1101 (3) |
| Langara College (LANG) | LANG ECON 1119 (3) |
| Simon Fraser University (SFU) | SFU ECON 1XX (3) |
| Thompson Rivers University (TRU) | TRU ECON 1XXX (3) |
| Trinity Western University (TWU) | TWU ECON 1XX (3) |
| University of British Columbia - Okanagan (UBCO) | UBCO ECON_O 112 (3) |
| University of British Columbia - Vancouver (UBCV) | UBCV ECON_V 1st (3) |
| University of Northern BC (UNBC) | UNBC ECON 1XX (3) |
| University of the Fraser Valley (UFV) | UFV ECON 215 (3) |
| University of Victoria (UVIC) | UVIC ECON 100 (1.5) |
| Vancouver Community College (VCC) | VCC HOSP 1960 (3) |
| Vancouver Island University (VIU) | VIU ECON 100 (3) |
Course Offerings
Winter 2025
| CRN | Days | Instructor | Status | More details |
|---|---|---|---|---|
|
CRN
12028
|
Wed | Instructor last name
Xiang
Instructor first name
Tony
|
Course status
Open
|
| CRN | Days | Instructor | Status | More details |
|---|---|---|---|---|
|
CRN
13111
|
Wed | Instructor last name
Richter
Instructor first name
Kevin
|
Course status
Waitlist
|
| CRN | Days | Instructor | Status | More details |
|---|---|---|---|---|
|
CRN
13343
|
Tue | Instructor last name
Demeke
Instructor first name
Abera
|
Course status
Open
|
| CRN | Days | Instructor | Status | More details |
|---|---|---|---|---|
|
CRN
13900
|
Fri | Instructor last name
Demeke
Instructor first name
Abera
|
Course status
Open
|
| CRN | Days | Instructor | Status | More details |
|---|---|---|---|---|
|
CRN
15804
|
Mon | Instructor last name
Xiang
Instructor first name
Tony
|
Course status
Open
|