ECN 110 The Economics of Markets

The course deals with the emergence, concepts, and applications of market economics. It first discusses developments that gave rise to the market system, followed by an analysis of the basic concepts that are essential for understanding markets. These include the concepts of opportunity cost, demand and supply, market structure and market failure. Various market applications to Canadian economic and social issues will be examined, ranging from the economics of big business to the economics of sports, crime, education, and health. ECN 110 is not available for credit to students who choose ECN 104. LL Lect: 3 hrs. Antirequisite: ECN 104, Restriction: Retail Management, Urban and Regional Planning, Information Technology Management, Business Management, Hospitality and Tourism Management, Occupational and Public Health, Geographic Analysis Course Weight: 1.00 Billing Units: 1





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