Credit Weight: 1.0 Description: Definition of the economic problem. Theory of the firm. Theory of competitive supply. Theory of demand. Monopoly and other market forms. Markets for land, labour, and capital. Income distribution. National income determination and causes of unemployment and inflation. Economic fluctuations and growth. International trade. Flexible and fixed foreign exchange rates. Canadian economic problems and policies. Offering: 3-0; 3-0

Economics 1100 Principles of Economics

Credit Weight: 1.0 Description: Definition of the economic problem. Theory of the firm. Theory of competitive supply. Theory of demand. Monopoly and other market forms. Markets for land, labour, and capital. Income distribution. National income determination and causes of unemployment and inflation. Economic fluctuations and growth. International trade. Flexible and fixed foreign exchange rates. Canadian economic problems and policies. Offering: 3-0; 3-0





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