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Economics (ECON) Graduate Courses Listing

Economics 5110 Economics of Defence View Details
Focuses on issues related to the economics of national defence. Topics covered include defence budgets, force generation, strategic interactions, alliances, manpower, procurement, and the defence industrial base. Particular attention will be paid to the Canadian defence sector.
Credit Weight: 0.5
Cross-List(s): Economics 4110
Offering: 3-0; or 3-0

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Economics 5111 Mathematical Economics View Details
Based on the background of the students, content will focus on calculus and matrix algebra as applied to economic theory, including comparative statics and optimization in economics; homogeneous and homothetic functions; dynamics; existence and stability of equilibria.
Credit Weight: 0.5
Offering: 3-1.5; 0-0

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Economics 5113 Advanced Microeconomics View Details
Theory of consumer behaviour. Theory of production and the firm. Market structures. Market equilibrium and stability. Topics from welfare economics and collective choice. Utilizes techniques developed in Economics 5111.
Credit Weight: 0.5
Prerequisite(s): Economics 5111
Offering: 3-1.5; or 3-1.5

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Economics 5115 Econometrics I View Details
Distribution theory. Regression analysis and hypothesis testing. Generalized least squares. Identification and other statistical estimation problems. Single equation and systems estimation applied to economic models.
Credit Weight: 0.5
Offering: 3-1.5; or 3-1.5

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Economics 5117 Advanced Macroeconomics I View Details
The aggregate demand-supply model. Consumption and investment functions. Models of income determination and the accumulation of wealth. The monetary sector. Alternative transmission mechanisms for monetary and fiscal policy. Large and small scale econometric models of the macroeconomy.
Credit Weight: 0.5
Offering: 3-1.5; or 3-1.5

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Economics 5118 Advanced Macroeconomics II View Details
Research methods of macroeconomics involving both continuous-time and discrete-time specifications. Deriving and analyzing phase diagrams and solving linear expectational difference equations using the method of undetermined coefficients. The range of models used for this purpose include: Solow growth model, endogenous growth theories, real business cycle models, traditional IS-LM/AD-AS model with rational expectations, and new models of macroeconomic stabilization theory and policy. Particular attention will be paid to explaining the underlying logic of mathematical macroeconomic models at an intuitive level.
Credit Weight: 0.5
Offering: 3-1.5; or 3-1.5

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Economics 5119 Econometrics II View Details
Emphasis on applied econometrics. Use of the computer in econometrics. Advanced regression theory. Static and dynamic models. Specification tests. Testing linear restrictions. The likelihood ratio and Lagrange multiplier tests. The instrumental variable method.
Credit Weight: 0.5
Prerequisite(s): Economics 5115 or permission of the instructor
Offering: 3-1.5; or 3-1.5

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Economics 5215 Labour Economics View Details
A survey of the economics of labour supply, labour demand, earnings determination and unemployment with stress on empirical methods using microdata.
Credit Weight: 0.5
Offering: 3-0; or 3-0

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Economics 5233 Industrial Organization View Details
An examination of industrial organization models and competition policy. Regulatory theory. Optimal pricing models. Sustainability of equilibrium under alternative market structures. Emphasis on the theoretical underpinnings and current developments in the literature.
Credit Weight: 0.5
Offering: 3-0; or 3-0

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Economics 5257 Resources/Environmental Economics View Details
Theory and policy of extractive resource use. Dynamic optimization models of non-renewable resources. Optimal forest and fishery management. Renewable resource policy. Resource rents and rent capture. Topics in the economic theory of the environment and current environmental policy debates.
Credit Weight: 0.5
Offering: 3-0; or 3-0

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Economics 5279 Fiscal Federalism View Details
The economics of multi-level government finance with theoretical and policy approaches emphasizing the Canadian federation. The economic rationale for a federal system, the Tiebout Model, the division of powers, centralization and decentralization, public goods and taxation in a federal system. Particular attention will be paid to the system of federal-provincial grants and transfers.
Credit Weight: 0.5
Offering: 3-0; or 3-0

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Economics 5315 Game Theory View Details
An introduction to the methods for finding Nash equilibria under different circumstances. Moveover, classroom examples will be employed to allow discussion of the value of the Nash equilibrium as a solution concept.
Credit Weight: 0.5
Offering: 3-1; or 3-1

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Economics 5411 Special Topics I View Details
Subject matter determined by the needs and interests of the participating students and faculty.
Credit Weight: 0.5
Special Topic: Yes
Offering: 3-0; or 3-0

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Economics 5415 Special Topics II View Details
Subject matter determined by the needs and interests of the participating students and faculty.
Credit Weight: 0.5
Special Topic: Yes
Offering: 3-0; or 3-0

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Economics 5801 (9801) Research Paper View Details
Topic determined in consultation with departmental advisors.
Credit Weight: 1.0
Grade Scheme: Pass/Fail

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Economics 5901 (9901) Master's Thesis View Details
Topic determined in consultation with departmental advisors.
Credit Weight: 2.0
Grade Scheme: Pass/Fail

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Economics 5990 Co-op Work Term I View Details
Credit Weight: 0.5
Grade Scheme: Pass/Fail

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Economics 5992 Co-op Work Term II View Details
Credit Weight: 0.5
Grade Scheme: Pass/Fail

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