Table of Contents
- Academic Calendar 2019-2020 (September 2019)
- I. General Information and Admissions
- 1. Welcome to Mount Allison University
- 2. Glossary of Academic Terms and Calendar of Events
- 3. Admission
- 3.1. Contact Information
- 3.2. Admission to the University
- 3.3. Minimum General Admission Requirements
- 3.4. Additional Admission Requirements
- 3.5. Notes on Entry to First-Year Courses
- 3.6. Requirements for Non-Canadian Education Systems
- 3.7. English Requirements
- 3.8. Mature Students
- 3.9. Admission with Advanced Standing
- 3.10. Transfer Students
- 3.11. Challenge for Credit
- 3.12. Visiting Students
- 3.13. Exchange Students
- 3.14. Special Circumstances
- 3.15. Graduate Studies
- 4. Fees
- 4.1. Fees and Expenses
- 4.1.1. Full-time/Part-time Enrolment - Fall and Winter terms
- 4.1.2. Tuition Fees
- 4.1.3. Overload Fees for Full-Time Students
- 4.1.4. Auditing Fees
- 4.1.5. Mail Service, Fitness Centre, and Technology and Service Fee
- 4.1.6. Student Organization Fees
- 4.1.7. Other Fees
- 4.1.8. Fieldwork and Travel: Expenses and Liability
- 4.1.9. Instructional Supplies Fees
- 4.1.10. Study Abroad and Exchange Fee
- 4.1.11. Residence, Communications and Meal Plan Fees
- 4.1.12. Mountie Money
- 4.2. Deposits for Full-Time Students
- 4.2.1. Registration Deposits for New Students
- 4.2.2. Residence Deposits for New Students
- 4.2.3. Refunds of Residence Deposits
- 4.2.4. Registration Deposits for Returning Students
- 4.2.5. Residence Deposits for Returning Students
- 4.2.6. Registration Deposits for January Admissions (New and Former Students)
- 4.2.7. Residence Deposits for January Admissions (New and Former Students)
- 4.3. Payment of Fees
- 4.3.1. Payments and Charges
- 4.3.2. Fall and Winter Payments by Part-Time Students
- 4.3.3. Fall Payments by Full-time Students
- 4.3.4. Winter Payments by Full-time Students
- 4.3.5. Fall and Winter Payments for Students Participating in Exchange Programs
- 4.3.6. Method of Payment
- 4.3.7. Reducing the Amount of Payments
- 4.4. Late Fees and Interest Charges
- 4.5. Withdrawals and Student Accounts
- 4.1. Fees and Expenses
- 5. Financial Assistance
- 6. Co-Curricular Life
- 6.1. The Mount Allison Students' Union
- 6.2. The Argosy Weekly
- 6.3. CHMA FM
- 6.4. Windsor Theatre
- 6.5. Residence Council
- 6.6. The Pond
- 6.7. Student Employment
- 6.8. Accommodation
- 6.9. Department of Athletics and Recreation
- 6.10. Religious Life on Campus
- 6.11. Student Life
- 6.12. Student Life Resources
- 6.12.1. Personal Counselling
- 6.12.2. Sexual Harassment Advisor
- 6.12.3. Career Services Office
- 6.12.4. Employment
- 6.12.5. Health Services
- 6.12.6. Student Health Insurance
- 6.12.7. Dietary and Nutritional Concerns
- 6.12.8. Lifestyle Concerns
- 6.12.9. Landlord/Tenant Concerns
- 6.12.10. International Students
- 6.12.11. Governance
- 6.13. Services for Students With Disabilities
- 7. General Information
- 8. Personnel
- 9. Lectureships, Trusts and Fellowships; Endowed Chairs; Faculty Awards
- 9.1. Lectureships, Trusts and Fellowships
- 9.2. Endowed Chairs
- 9.2.1. Clement Chandler Avard and Florence Sybil Avard Chair in French Language
- 9.2.2. The Walter B. Cowan Chair in Religious Studies
- 9.2.3. The Edgar and Dorothy Davidson Chair in Canadian Studies
- 9.2.4. Fred C. Manning Chair in Commerce
- 9.2.5. The Hart Almerrin Massey Chair in Philosophy
- 9.2.6. The Pickard-Bell Chair in Music
- 9.2.7. The Reverend William Purvis Chair in English Literature
- 9.2.8. The Obed Edmund Smith Chair in Physics
- 9.2.9. The Obed Edmund Smith Chair in Mathematics
- 9.2.10. The Stiles-Bennett Chair in History
- 9.2.11. The Josiah Wood Chair in Classics
- 9.2.12. The Charles and Joseph Allison Chair of English Language and Literature
- 9.3. Faculty Awards
- II. Academic Regulations
- 10. Academic Regulations
- 10.1. Communication
- 10.2. Courses of Instruction
- 10.3. Registration
- 10.3.1. Registration Procedures (Adding Courses)
- 10.3.2. Registration Deadline
- 10.3.3. Registration Deadline (Self-directed Distance Learning Courses)
- 10.3.4. Determining Year Level
- 10.3.5. Normal Course Loads and Overloads (Fall and Winter terms)
- 10.3.6. Normal Course Loads and Overloads (Spring/Summer term)
- 10.3.7. Repeating Courses
- 10.3.8. Auditing Courses
- 10.4. Changes in Registration and Withdrawal
- 10.5. Transfer Credits
- 10.6. Academic Integrity
- 10.7. Missed Coursework or Tests
- 10.8. Examination Regulations
- 10.8.1. Scheduled Tests and Final Examinations (Fall and Winter terms)
- 10.8.2. Scheduled Tests and Final Examinations (Spring/Summer term)
- 10.8.3. Viewing Examination Papers
- 10.8.4. Accommodations for Missed Final Examinations
- 10.8.5. Extended Deadlines for Completion of Course Work
- 10.8.6. Special Examinations
- 10.9. Evaluations of Student Performance
- 10.9.1. Grading Policies for Courses
- 10.9.2. Reporting of Grades
- 10.9.3. Letter Grades and their Meanings
- 10.9.4. Prerequisite Grade Requirements
- 10.9.5. Grades Excluded from GPA
- 10.9.6. Calculation of TGPA, SGPA and CGPA
- 10.9.7. Repeated Courses, SGPA and CGPA
- 10.9.8. Grade Changes
- 10.9.9. Re-evaluation of a Grade
- 10.9.10. Aegrotat Standing
- 10.9.11. Assessment of Academic Standing
- 10.9.12. Good Standing
- 10.9.13. Unsatisfactory Standing
- 10.9.14. Academic Performance Indicators
- 10.9.15. Academic Probation
- 10.9.16. Academic Suspension
- 10.9.17. Academic Dismissal
- 10.9.18. Procedures for Appeals and Re-admissions
- 10.9.19. Disciplinary Suspension or Dismissal
- 10.9.20. Dean's List
- 10.10. Degree Requirements
- 10.10.1. Academic Standing and Credits Required for a Degree
- 10.10.2. Academic Residency Requirements
- 10.10.3. Degree with Distinction Requirements
- 10.10.4. Honours GPA and Overall GPA Requirements
- 10.10.5. Submitting a Thesis
- 10.10.6. Falling Short of the Honours Requirements
- 10.10.7. Second Undergraduate Degree Requirements
- 10.10.8. Honours Certificate
- 10.11. Graduation and Convocation
- 10.12. Transcripts
- 10.13. Replacement/Duplicate Diplomas
- 10.14. Notification of Disclosure of Personal Information
- 10. Academic Regulations
- III. Academic Degrees, Programs and Courses
- 11. Academic Programs
- 11.1. General Regulations
- 11.2. Bachelor of Arts
- 11.2.1. Requirements for a B.A. Degree
- 11.2.2. Distribution Requirements
- 11.2.3. 3/4000 Level Courses
- 11.2.4. Credits Required for a Major and Minor
- 11.2.5. Additional Minor
- 11.2.6. Double Major
- 11.2.7. Joint Major
- 11.2.8. Honours Degree
- 11.2.9. General Degree with Three Minors
- 11.2.10. The Major as Required for the B.A.
- 11.2.11. Disciplinary Major
- 11.2.12. Interdisciplinary Major
- 11.2.13. Joint Major
- 11.2.14. Specially Approved Major
- 11.2.15. Majors Available for the B.A.
- 11.2.16. Joint Majors Available for the B.A.
- 11.2.17. The Minor as Required for the B.A.
- 11.2.18. Disciplinary Minor
- 11.2.19. Interdisciplinary Minor
- 11.2.20. Specially Approved Minor
- 11.2.21. Minors Available for the B.A.
- 11.2.22. Disciplinary and Interdisciplinary Honours Programs
- 11.2.23. Honours Programs Available for the B.A.
- 11.2.24. Complementary Courses and Prerequisites
- 11.3. Bachelor of Science
- 11.3.1. Requirements for a B.Sc. Degree
- 11.3.2. Distribution Requirements
- 11.3.3. Science Core
- 11.3.4. Minimum Number of Science Credits
- 11.3.5. 3/4000 Level Science Courses
- 11.3.6. Credits Required for a Major and Minor
- 11.3.7. Additional Minor
- 11.3.8. Double Major
- 11.3.9. Joint Major
- 11.3.10. Honours Degree
- 11.3.11. General Degree with Three Minors
- 11.3.12. Courses which Qualify as Science Credits
- 11.3.13. The Major As Required for the B.Sc.
- 11.3.14. Disciplinary Major
- 11.3.15. Interdisciplinary Major
- 11.3.16. Joint Major
- 11.3.17. Specially Approved Major
- 11.3.18. Majors available for the B.Sc.
- 11.3.19. Joint Majors available for the B.Sc.
- 11.3.20. The Minor as Required for the B.Sc.
- 11.3.21. Disciplinary Minor
- 11.3.22. Interdisciplinary Minor
- 11.3.23. Specially Approved Minor
- 11.3.24. Minors Available for the B.Sc.
- 11.3.25. Disciplinary and Interdisciplinary Honours Programs
- 11.3.26. Honours Programs Available for the B.Sc.
- 11.4. Master of Science
- 11.5. Bachelor of Commerce
- 11.5.1. Primary Objective
- 11.5.2. Requirements for a Bachelor of Commerce Degree
- 11.5.3. Distribution Requirements
- 11.5.4. 3/4000 Level Courses
- 11.5.5. Commerce Degree Core Requirements
- 11.5.6. Commerce Electives on the Bachelor of Commerce Degree
- 11.5.7. The Minor as Required for the Bachelor of Commerce
- 11.5.8. Elective Credits
- 11.5.9. Honours Programs Available for the Bachelor of Commerce
- 11.5.10. Commerce with Honours
- 11.5.11. Commerce with Honours in Economics
- 11.5.12. Commerce - Aviation offered in conjunction with Moncton Flight College
- 11.5.13. Major from Other Disciplines
- 11.5.14. Transferring to Commerce
- 11.6. Bachelor of Music
- 11.7. Bachelor of Fine Arts
- 11.8. Certificate of Bilingualism/ Certificat De Bilinguisme
- 11.9. Undergraduate Certificates
- 11.10. Pre-Professional Requirements
- 11.11. International Programs
- 11.12. University Special Topics Courses
- 12. Programs and Courses of Instruction
- American Studies
- Anthropology
- Arts
- Art History
- Aviation
- Biochemistry
- Biology
- Canadian Public Policy
- Canadian Studies
- Chemistry
- Classics
- Cognitive Science
- Commerce/Ron Joyce Centre for Business Studies
- Computer Science
- Drama Studies
- Economics
- English Literatures
- Environmental Science
- Environmental Studies
- Experiential Learning
- Fine Arts
- French Studies
- Geography
- Geography and Environment
- German Studies
- Greek
- Hispanic Studies
- History
- Indigenous Studies
- International Economics and Business
- International Relations
- Japanese Studies
- Latin
- Linguistics
- Mathematics
- Modern Languages and Literatures
- Music
- Philosophy
- Philosophy, Politics, and Economics
- Physics
- Politics and International Relations
- Psychology
- Religious Studies
- Science
- Sociology
- Spanish Studies
- University Special Topic Courses
- Visual and Material Culture
- Women's and Gender Studies
- Certificate Programs
- 11. Academic Programs
- Index
- I. General Information and Admissions
Every society must in some way determine what goods and services its members will produce, and to what extent each person can claim a portion of this flow of output. Our Canadian society relies primarily, although not completely, upon a system of variable money prices, a market economy, to resolve the questions of production and distribution.
Much of the study of economics consists of examining the operation of market economies to discover regularities of behaviour, ultimately in the expectation that through better understanding society will be able to remedy undesirable results and achieve better ones. Such a study logically includes looking at the historical evolution of modern economies (economic history), the evolution of thinking about economic systems (economic thought), the operation of markets (microeconomics), the aggregate flows of output (macroeconomics), the operation of the money system (money and banking), economic relationships with other societies (international economics) and so on. Instruction on such topics emphasizes understanding.
To achieve understanding means moving into the seemingly abstract realm of theory, analysis and technical terms. Little attention is paid to description or factual memorization. Students planning to concentrate on economics will find mathematics a valuable complementary study. Those who dislike mathematics or who do poorly in it usually encounter difficulties in economics.
| 6 | from ECON 1001 and 1011 |
| 18 | from Economics, including 6 from the 3/4000 level, chosen in consultation with the Program Advisor |
| 21 | from ECON 1001, 1011, 2001, 2011, 2101, 2111, 2701 |
| 3 | from ECON 1701, MATH 2311 |
| 3 | from MATH 1111, 1151 |
| 6 | from COMM 2101, COMP 1631, MATH 1121, 2221 |
| 18 | from Economics at the 3/4000 level |
| 9 | from complementary courses, chosen in consultation with the Program Advisor |
Note:
COMM 3411, 3501, 4141, 4501, and 4521 may be designated as Economics electives for students taking a Major, Minor or Honours in Economics or the Major or Honours in Philosophy, Politics, and Economics.
ECON 3201, 3211, 3301, 3601, 3711, 3921, 4501, 4511, 4611, 4621, 4700, 4801, 4811, 4821, 4990, and COMP 3851 are Commerce electives for students taking a Bachelor of Commerce or a Major or Minor in Commerce.
Students considering upper level courses in Economics are encouraged to complete MATH 1111 and MATH 1121 early in their degree programs.
Note: See also the Interdisciplinary Minor in International Economics and Business
Honours in Economics may be completed in both Arts and Commerce Degree Programs. For Honours under the B.A. please see the section below; for Honours under the B.Comm. please see section 11.5.9. Students who plan to pursue graduate studies in Economics are advised to include Economics 4700, 4801, 4811, 4821 and courses in Calculus, Linear Algebra (Mathematics 2221) and Statistics (Mathematics 3311, 3321) from the Mathematics Department. Other courses in Mathematics are also valuable. Students should seek advice from a member of the Department of Economics when deciding on a program of study.
| 51 | credits as in the first five lines of the Major, plus: |
| 12 | from ECON 4001, 4011, 4700, 4801, 4811, 4821, 4990 |
| 9 | from Economics at the 3/4000 level, or PHIL 2611, 3631, or Mathematics and Computer Science (except MATH 1011, 1251 and 2321; and COMP 1631) chosen in consultation with the Economics Program Advisor |
| 21 | from ECON 1001, 1011, 2001, 2011, 2101, 2111, 2701 |
| 18 | from MATH 1111, 1121, 2111, 2121, 2211, 2221 |
| 3 | from ECON 1701, MATH 2311 |
| 3 | from COMP 1631 |
| 6 | from MATH 3111, 3211 |
| 12 | from ECON 4700, 4801, 4811, 4821 |
| 6 | from ECON at the 3/4000 levels which may include ECON 4990 |
| 12 | from MATH at the 3/4000 level |
Note: The listing of a course in the Calendar is not a guarantee that the course is offered every year.
Note: Students must obtain a grade of at least C- in all courses used to fulfill prerequisite requirements. Otherwise, written permission of the appropriate Department Head or Program Co-ordinator must be obtained.
Note: The following courses can be used for the distribution requirement for the Bachelor of Arts and Bachelor of Science degrees:
| ECON 1001, 1011 |
Principles of Microeconomics
This course introduces the study of Economics and the nature of microeconomic problems including the behaviour of consumers and firms in different markets, and the results of their actions as manifested in production, costs, and prices, market efficiency, and market failure. [Note 1: Students should normally have completed a university preparatory level course in Mathematics.] (Format: Lecture 3 Hours, Tutorial 1 Hour) (Distribution: Social World-c)(Exclusion: ECON 1000)
Principles of Macroeconomics
This course introduces the study of Economics and the nature of macroeconomic problems such as the determinants of the level of national income, employment, and the accompanying stabilization problems and policies. Topics also include money and banking, international trade, exchange rates, and the problems of inflation. [Note 1: Students should normally have completed a university preparatory level course in Mathematics.] (Format: Lecture 3 Hours, Tutorial 1 Hour) (Distribution: Social World-c)(Exclusion: ECON 1000)
Observational Data Analysis
This course introduces students to statistical concepts used in the examination of data generated in uncontrolled environments with particular emphasis on investigating social and economic phenomena. Topics include data collection, descriptive statistics, probability concepts, statistical estimation, and hypothesis testing. (Format: Lecture 3 Hours) (Distribution: Natural Science -a)
Special Topic in Economics
This course either focuses on topics not covered by the current course offerings in a department or program or offers the opportunity to pilot a course that is being considered for inclusion in the regular program. [Note 1: Prerequisite set by Department/Program when the topic and level are announced. Note 2: When a Department or Program intends to offer a course under this designation, it must submit course information, normally at least three months in advance, to the Dean. Note 3: Students may register for ECON 1991 more than once, provided the subject matter differs.] (Format: Variable)
Intermediate Microeconomics I: Exchange And Consumer Decisions
Prereq: ECON 1001; or permission of the Department
This course presents microeconomic theory and its applications relating to consumer decisions. Topics covered include: scope and method of microeconomics; demand and consumer behaviour; choices under uncertainty; intertemporal decisions making; asymmetric information; externalities and public goods; and exchange equilibrium and economic efficiency. (Format: Lecture 3 Hours) (Exclusion: Any version of ECON 2001 previously offered with a different title)
Intermediate Microeconomics Ii: Markets And Producer Decisions
Prereq: ECON 1001; or permission of the Department
This course presents microeconomic theory and its applications relating to producer decisions. Topics include: the theory of production and cost; profit maximization and competitive supply; pricing with market power; monopoly and monopsony; monopolistic competition and oligopoly; game theory and strategic interactions; markets for inputs and income distribution; markets and asymmetric information; analysis of markets and effects of government policies; and the theory of the firm and team production. (Format: Lecture 3 Hours) (Exclusion: any version of ECON 2011 previously offered with a different title)
Intermediate Macroeconomics I
Prereq: ECON 1011; or permission of the Department
This course presents theories of national income, employment, inflation, balance of payments, and stabilization policy within the framework of macroeconomic models of an open economy. It focuses on short-run macroeconomic analysis and policy. (Format: Lecture 3 Hours)
Intermediate Macroeconomics II
Prereq: ECON 2101; or permission of the Department
This course is a continuation of macroeconomic analysis in the context of the long-run. Topics include long-run consumption functions, investment and real business cycles, economic growth and productivity, and the monetary theories of the classical economists, Keynes, and Friedman. (Format: Lecture 3 Hours)
Economic Issues in Canadian Public Policy I
Prereq: 6 credits from Social Sciences; or permission of the Department
This course introduces analytical methods used by social scientists examining Canadian social and economic policy by studying issues that arise perennially. Topics may include: unemployment and government policy, Canada and the global economy, social security reform, regionalism, education policy, health policy, and inflation. (Format: Lecture 3 Hours) (Exclusion: Any version of ECON 2301 previously offered with a different title)
Economic Issues in Canadian Public Policy II
Prereq: 6 credits from Social Sciences; or permission of the Department
This course provides a critical study of current debates on economic and social policy in Canada. (Format: Lecture 3 Hours) (Exclusion: Any version of ECON 2311 previously offered with a different title)
Introduction to Econometrics
Prereq: ECON 1001; ECON 1011; 3 credits from ECON 1701, MATH 2311; or permission of the Department
This course introduces statistical tools for handling data generated in uncontrolled environments and the techniques involved in their use. Topics include estimation and inference of single- and multi-variable regression models, large sample techniques, dummy variables, heteroskedasticity, and an introduction to times series. (Format: Lecture 3 Hours) (Exclusion: Any version of ECON 2701 previously offered with a different title)
Special Topic in Economics
This course either focuses on topics not covered by the current course offerings in a department or program or offers the opportunity to pilot a course that is being considered for inclusion in the regular program. [Note 1: Prerequisite set by Department/Program when the topic and level are announced. Note 2: When a Department or Program intends to offer a course under this designation, it must submit course information, normally at least three months in advance, to the Dean. Note 3: Students may register for ECON 2991 more than once, provided the subject matter differs.] (Format: Variable)
Law and Economics
Prereq: ECON 1001; ECON 1011; or permission of the Department
This course introduces the economic analysis of law, the role of economics in legal debates, and the role of law in economic exchange. It examines economic aspects of social and legal issues and policies in regional, national and international contexts. Topics may include: property, contracts, torts, environmental law, and the economics of crime and punishment. (Format: Lecture 3 Hours)
Health Economics
Prereq: ECON 1001; ECON 1011; or permission of the Department
This course introduces economic issues in the health care system. It examines applications of economic principles and empirical analysis to the study of health and health policies in Canadian and International contexts. Topics may include: the demand for health care, the supply of health services through health practitioners and hospitals, the economic effects of health insurance, pharmaceutical markets, economic evaluation techniques for health, health technology assessment and public policy formulation. (Format: Lecture 3 Hours)
Money, Banking, and the Canadian Financial System: Microeconomic Perpectives
Prereq: ECON 1001; ECON 1011; or permission of the Department
This course covers microeconomic aspects of the Canadian financial system. One main focus of the course is on financial instruments, the markets in which they are traded, and the economic role that these markets play. The other main focus is on Canadian financial institutions, the activities in which they engage, and the economic roles they play. [Note 1: Counts as a Commerce elective for students taking a Bachelor of Commerce or a Major or Minor in Commerce.] (Format: Lecture 3 Hours)
Money, Banking, and the Canadian Financial System: Macroeconomic Perpectives
Prereq: ECON 1001; ECON 1011; or permission of the Department
This course covers macroeconomic aspects of the Canadian financial system. These include central banking, and the conduct and mechanics of monetary policy. The international financial system is also covered. [Note 1: Counts as a Commerce elective for students taking a Bachelor of Commerce or a Major or Minor in Commerce.] (Format: Lecture 3 Hours)
Introduction to Game Theory
Prereq: 6 credits from ECON 1001, 1011; or 3 credits from MATH 1111, 1151; or permission of the Department
This course introduces the basic tools and methods of Game Theory. Game Theory is a mathematically oriented approach to understanding the strategic interaction of self-interested agents. Emphasis is on non-cooperative games. Topics include backwards induction, iterative deletion of dominated strategies, Nash equilibrium, repeated games, some equilibrium refinements, evolutionary game theory, and Bayesian Nash equilibria. [Note 1: This course is cross-listed as MATH 3301 and therefore may count as 3 credits in either discipline. Note 2: Counts as a Commerce elective for students taking a Bachelor of Commerce or a Major or Minor in Commerce] (Format: Lecture 3 hours, Laboratory 1 Hour)
Survey Research Methods
Prereq: 6 credits from Social Sciences; 3 credits from ECON 1701, MATH 2311, PSYC 2011, GENS 2431, BIOL 3701; or permission of the Department
This course introduces students in social science disciplines to survey research methods. This involves the complete survey development process, including the development and administration of a survey questionnaire, sample selection, statistical analysis, and collaboration with survey developers and parties interested in the survey administration. It also covers presentation techniques (Format: Lecture 3 Hours) (Exclusion: ECON 4981 Data Analysis I; ECON 4981 Data Analysis II; ECON 4981 Data and Research)
Economic Growth and Technological Change
Prereq: ECON 1001; ECON 1011; or permission of the Department
This course covers economic theories of economic growth and technological change and their application in the study of the historical evolution of the world economy. Historical sections of the course selectively cover materials on Canada, the US, Europe, Asia, and the developing world. (Format: Lecture 3 Hours)
Principles of Cost-Benefit Analysis
Prereq: ECON 2001; or permission of the Department
This course examines the use of economic theory in the assessment of public sector regulations and projects. Topics include the measurement of social costs and social benefits, shadow pricing, and the choice of discount rate. The course relies heavily on concrete examples such as transportation infrastructure, medical services, environmental protection and hydro development. [Note 1: Counts as a Commerce elective for students taking a Bachelor of Commerce or a Major or Minor in Commerce.] (Format: Lecture 3 Hours)
Labour Management Relations
Prereq: ECON 1001; ECON 1011; or permission of the Department
An introduction to the history and institutions of the North American industrial relations system. Topics include: labour management techniques used by firms; unions and union strategies; government regulation of pay and working conditions; and the structure of collective bargaining. [Note 1: Counts as a Commerce elective for students taking a Bachelor of Commerce or a Major or Minor in Commerce.] (Format: Lecture 3 Hours)
Labour Economics
Prereq: ECON 2001; or permission of the Department
This course introduces labour economics. Topics include the demand and supply of labour, the Canadian labour market and income distribution, unemployment, poverty, and discrimination in Canada. (Format: Lecture 3 Hours)
Environmental Economics
Prereq: ECON 1001; ECON 1011; or permission of the Department
This course presents the application of economic analysis in the study of environmental problems. It examines when and why markets often fail to allocate sufficient resources to environmental conservation, and critically assess different policy instruments available to correct for the fundamental "market failure". Using the analytical methods, it examines the following types of policies: measures to control air and water pollution, the disposal of hazardous wastes, the protection of endangered species, and the control of cross border pollution, including the Canadian "Green Plan". (Format: Lecture 3 Hours)
Natural Resource Economics
Prereq: ECON 2001; 3 credits from MATH 1111, 1151; or permission of the Department
This course examines the application of economic analysis to questions of management, use, and conservation of natural resources. It exposes students to economic theories used in the study of renewable and non-renewable resource industries. It pays particular attention to resource industries important to the Atlantic Canadian economy (the fishery, forestry, agriculture, mining, and energy). (Format: Lecture 3 Hours)
International Trade
Prereq: ECON 1001; ECON 1011; or permission of the Department
This course examines issues such as the pure economic theory of international trade and important institutions (the FTA, NAFTA, the EC, GATT, etc.), plus problems and policies associated with trade in goods and services. It also examines issues such as free trade and protectionism and the gains and losses resulting from globalization. (Format: Lecture 3 Hours)
International Finance
Prereq: ECON 1001; ECON 1011; or permission of the Department
This course examines the financial side of international trade. The focus is on exchange rates, the balance of international payments, alternative means of adjustment to shocks in the international economy, and international monetary arrangements. [Note 1: Counts as a Commerce elective for students taking a Bachelor of Commerce or a Major or Minor in Commerce.] (Format: Lecture 3 Hours)
Special Topic in Economics
This course either focuses on topics not covered by the current course offerings in a department or program or offers the opportunity to pilot a course that is being considered for inclusion in the regular program. [Note 1: Prerequisite set by Department/Program when the topic and level are announced. Note 2: When a Department or Program intends to offer a course under this designation, it must submit course information, normally at least three months in advance, to the Dean. Note 3: Students may register for ECON 3991 more than once, provided the subject matter differs.] (Format: Variable)
Modes of Classical Economic Thought
Prereq: ECON 1001; ECON 1011; 6 credits from ECON 2001, 2011, 2101, 2111, or 6 credits from ECON at the 3/4000 level, or 6 credits from PHIL 3000, 3221, 3231, 3250, 3301, 3311, 3311, 4111, 4211, or 6 credits from POLS 3001, 3011, 4000, 4011; or permission of the Department
This course focuses on the work of classical economists (especially Adam Smith, David Ricardo, and Thomas Malthus) and the economic theories of Karl Marx. (Format: Lecture 3 Hours)
Modes of Economic Thought
Prereq: ECON 1001; ECON 1011; 6 credits from ECON 2001, 2011, 2101, 2111, or 6 credits from ECON at the 3/4000 level, or 6 credits from PHIL 3000, 3221, 3231, 3250, 3301, 3311, 4111, 4211, or 6 credits from POLS 3001, 3011, 4000, 4011; or permission of the Department
This course examines the historical origins of neo-classical, Austrian and Keynesian economic thought. (Format: Lecture 3 Hours)
Public Finance: Taxation and Fiscal Federalism
Prereq: ECON 2001; ECON 2011; or permission of the Department
This course examines positive and normative approaches to taxation and fiscal federalism with special emphasis on issues in Canadian Public Finance. [Note 1: Counts as a Commerce elective for students taking a Bachelor of Commerce or a Major or Minor in Commerce.] (Format: Lecture 3 Hours)
Normative Economics
Prereq: 12 credits from ECON 2001, 2011, 2101, 2111; or 3 credits from ECON at the 2/3/4000 level and 6 credits from ECON at the 3/4000 level; or permission of the Department
This course examines the criteria for making judgments on economic performance. It introduces and evaluates notions of efficiency, fairness, and distributive justice in economic outcomes. Topics include the measurement of economic inequality and poverty, value judgments in cost-benefit analysis, consistent collective decision making, and effective means of income redistribution. [Note 1: Counts as a Commerce elective for students taking a Bachelor of Commerce or a Major or Minor in Commerce.] (Format: Lecture 3 Hours)
Economic Growth and Development: Japan and East Asia
Prereq: 6 credits from ECON 1001, 2111; or ECON 3501; or permission of the Department
This course focuses on the economic performance of the economies of Japan, China, and other areas of eastern Asia, emphasizing historical and major current events. (Format: Lecture 3 Hours) (Exclusion: ECON 3531)
International Development
Prereq: 6 credits from ECON 1001, 2111; or ECON 3501; or permission of the Department
This course focuses on differences in the patterns of economic development in the world economy. It examines the developing world, national and international policies designed to improve the global distribution of income, and the economic development policies of the World Bank, the International Monetary Fund, and the United Nations. (Format: Lecture 3 Hours) (Exclusion: ECON 3551)
Industrial Organization: Theory
Prereq: ECON 2001; ECON 2011; 3 credits from MATH 1111, 1151; or permission of the Department
This course provides an overview of central theories of industrial organization, examining market power, the theory of the firm, and strategic behaviour, within classic and dynamic oligopoly theoretical frameworks. It makes explicit use of game theoretic techniques where appropriate. Topics may include: collusive and competitive behaviour, non-linear pricing, commitment and repeated games, and entry deterrence. (Format: Lecture 3 Hours) (Exclusion: ECON 3611)
Industrial Organization: Policy
Prereq: ECON 2001; ECON 2011; 3 credits from MATH 1111, 1151; or permission of the Department
This course examines the economics of vertical and horizontal constraints. It provides an introduction to regulatory economics and Canadian and International competition policy. Topics may include policy issues concerning the control of mergers, monopoly, predatory pricing, collusion, resale price maintenance, exclusive dealing, tying, and other contractual agreements, including restrictions on contracting agents. (Format: Lecture 3 Hours) (Exclusion: ECON 3621)
Econometrics
Prereq: 6 credits from MATH 2221, ECON 2701; or 9 credits from MATH 2221, 3311, 3321; or permission of the Department
This course provides an introduction to the measurement of economic relationships. [Note 1: Counts as a Commerce elective for students taking a Bachelor of Commerce or a Major or Minor in Commerce.] (Format: Lecture 3 Hours)
Advanced Microeconomic Theory
Prereq: ECON 2001; ECON 2011: ECON 2101; ECON 2111; MATH 1121; or permission of the Department
The course develops tools and techniques for analyzing problems in microeconomics. These include modern theories of the consumer and of the firm, general equilibrium, and welfare theorems. [Note 1: Counts as a Commerce elective for students taking a Bachelor of Commerce or a Major or Minor in Commerce. Note 2: Although not required, the Economics Department recommends that students complete MATH 2111 and MATH 2221 prior to undertaking ECON 4801. Note 3: Honours students who wish to pursue graduate studies in economics are strongly advised to take this course.] (Format: Lecture 3 Hours) (Exclusion: Any version of ECON 4801 previously offered with a different title)
Advanced Macroeconomic Theory
Prereq: ECON 4801; or permission of the Department
This course introduces many of the models that form the foundation of modern macroeconomics, including growth, network, and search-and-matching models. The core organizing principle of the course is the concept of general equilibrium, emphasizing tools and techniques for deriving equilibrium properties of the models. [Note 1: Counts as a Commerce elective for students taking a Bachelor of Commerce or a Major or Minor in Commerce. Note 2: Although not required, the Economics Department recommends that students complete MATH 2111 and MATH 2221 prior to undertaking ECON 4801. Note 3: Honours students who wish to pursue graduate studies in economics are strongly advised to take this course.] (Format: Lecture 3 Hours) (Exclusion: Any version of ECON 4811 previously offered with a different title)
Uncertainty and Strategy in Economics
Prereq: ECON 2001; ECON 2011; ECON 2101; ECON 2111; or permission of the Department
The course examines the roles played by uncertainty and asymmetric information in the allocation of resources. It also uses tools of probability theory to examine strategic interaction. Honours students who wish to pursue graduate studies in economics are strongly advised to take this course. [Note 1: Counts as a Commerce elective for students taking a Bachelor of Commerce or a Major or Minor in Commerce.] (Format: Lecture 3 Hours)
Independent Study in Economics
This course permits senior students, under the direction of faculty members, to pursue their interest in areas not covered, or not covered in depth, by other courses through a program of independent study. [Note 1: Permission of the Department/Program Advisor. Students must obtain consent of an instructor who is willing to be a supervisor and must register for the course prior to the last day for change of registration in the term during which the course is being taken. Note 2: A program on Independent Study cannot duplicate subject matter covered through regular course offerings. Note 3: Students may register for ECON 4950/51 more than once, provided the subject matter differs.] (Format: Independent Study)
Independent Study in Economics
This course permits senior students, under the direction of faculty members, to pursue their interest in areas not covered, or not covered in depth, by other courses through a program of independent study. [Note 1: Permission of the Department/Program Advisor. Students must obtain consent of an instructor who is willing to be a supervisor and must register for the course prior to the last day for change of registration in the term during which the course is being taken. Note 2: A program on Independent Study cannot duplicate subject matter covered through regular course offerings. Note 3: Students may register for ECON 4950/51 more than once, provided the subject matter differs.] (Format: Independent Study)
Honours Thesis
A student fulfilling requirements for an Honours degree may elect to undertake a research and writing project of acceptable scope and quality under the supervision of faculty members in Economics. The student must submit a formal proposal to the Department prior to registration. [Note 1: Written permission of the Department required. Note 2: Counts as a Commerce elective for students taking a Bachelor of Commerce or a Major or Minor in Commerce.] (Format: Independent Study/Thesis)
Special Topic in Economics
This course either focuses on topics not covered by the current course offerings in a department or program or offers the opportunity to pilot a course that is being considered for inclusion in the regular program. [Note 1: Prerequisite set by Department/Program when the topic and level are announced. Note 2: When a Department or Program intends to offer a course under this designation, it must submit course information, normally at least three months in advance, to the Dean. Note 3: Students may register for ECON 4991 more than once, provided the subject matter differs.] (Format: Variable)