Canadian Macroeconomic Policy
Overview
- Review of national income and price level models
- Recent Canadian economic performance
- The problem of unemployment and inflation
- Fiscal policy
- Government deficits and debt: Causes and Consequences
- The Bank of Canada and monetary policy
- The debate of Disinflation
- Balance of Payments issues and Exchange Rate policies
- The macroeconomic effects of North American Free Trade.
Lecture and seminar.
| Final Examination | 30% - 40% |
| Term Tests | 40% - 70% |
| Assignments | 0% - 20% |
| Participation | 0% - 10% |
| Total | 100% |
THERE WILL A MINIMUM OF THREE (3) EVALUATIONS.
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 student will be able to:
- utilize aggregate demand-aggregate supply models to examine the recent performance of the Canadian economy;
- analyze the relationship between inflation, interest rates, and exchange rates;
- evaluate the government deficit and debt problem;
- examine recent monetary policy and its impact on inflation, interest rates and the exchange rate;
- analyze the impact of the North American Free Trade Agreement on the Canadian economy
Textbooks and Materials to be Purchased by Students
The main texts are to be chosen from the following, as determined by the instructor:
Carson, Robert. Economic Issues Today, Latest Ed. St. Martin's Press.
Laidler, D. and W. Robson. The Great Canadian Disinflation: The Economics and Politics of Monetary Policy in Canada, 1988-1993, Latest Ed. C.D. Howe Institute.
Luciani, Patrick. Economic Myths: Making Sense of Canadian Policy Issues, Latest Ed. Addison-Wesley.
Schultze, C.L. Memos to the President: A Guide Through Macroeconomics for the Busy Policymaker, Latest Ed. Washington: Brookings Institution.
Supplementary material may be chosen, as determined by the instructor.
Requisites
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 2491 |
|---|---|
| Alexander College (ALEX) | ALEX ECON 291 (3) |
| Capilano University (CAPU) | CAPU ECON 291 (3) |
| Langara College (LANG) | LANG ECON 2XXX (3) |
| Simon Fraser University (SFU) | SFU ECON 291 (3) |
| Thompson Rivers University (TRU) | No credit |
| Trinity Western University (TWU) | TWU BUSI 2XX (3) |
| University of British Columbia - Okanagan (UBCO) | UBCO ECON_O 2nd (3) |
| University of British Columbia - Vancouver (UBCV) | UBCV ECON_V 211 (3) |
| University of Northern BC (UNBC) | UNBC ECON 2XX (3) |
| University of the Fraser Valley (UFV) | UFV ECON 215 (3) |
| University of Victoria (UVIC) | UVIC ECON 3XX (1.5) |
| Vancouver Island University (VIU) | VIU ECON 2nd (3) |
Course Offerings
Winter 2025
| CRN | Days | Instructor | Status | More details |
|---|---|---|---|---|
|
CRN
12566
|
Wed | Instructor last name
Solyom
Instructor first name
Michael
|
Course status
Open
|