Graduate Courses
Courses not offered this academic year (fall/winter terms) are indicated by the words "NOT OFFERED THIS YEAR" below the course description. Nevertheless, students should refer to the Timetable as a final check.
The following courses are offered for Master's programs.
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Economics
5111
Mathematical Economics
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Credit Weight:
0.5
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Description:
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.
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Offering:
3-1; 0-0
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Economics
5113
Advanced Microeconomics
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Credit Weight:
0.5
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Prerequisite(s):
Economics 5111
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Description:
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.
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Offering:
3-1; or 3-1
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Economics
5115
Econometrics I
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Credit Weight:
0.5
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Description:
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.
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Offering:
3-1; or 3-1
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Economics
5117
Advanced Macroeconomics I
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Credit Weight:
0.5
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Prerequisite(s):
Economics 5115
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Description:
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.
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Offering:
3-0; or 3-0
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Economics
5118
Advanced Macroeconomics II
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Credit Weight:
0.5
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Description:
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.
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Offering:
3-0; or 3-0
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Economics
5119
Econometrics II
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Credit Weight:
0.5
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Prerequisite(s):
Economics 5115 or permission of the instructor
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Description:
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.
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Offering:
3-1; or 3-1
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Economics
5215
Labour Economics
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Credit Weight:
0.5
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Description:
A survey of the economics of labour supply, labour demand, earnings determination and unemployment with stress on empirical methods using microdata.
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Offering:
3-0; or 3-0
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Economics
5233
Industrial Organization
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Credit Weight:
0.5
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Description:
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.
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Offering:
3-0; or 3-0
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Economics
5257
Resources/Environmental Economics
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Credit Weight:
0.5
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Description:
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.
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Offering:
3-0; or 3-0
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Economics
5279
Fiscal Federalism
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Credit Weight:
0.5
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Description:
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.
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Offering:
3-0; or 3-0
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Economics
5315
Game Theory
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Credit Weight:
0.5
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Description:
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.
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Offering:
3-1; or 3-1
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Economics
5411
Special Topics I
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Credit Weight:
0.5
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Description:
Subject matter determined by the needs and interests of the participating students and faculty.
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SpecialTopic:
Y
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Offering:
3-0; or 3-0
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Economics
5415
Special Topics II
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Credit Weight:
0.5
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Description:
Subject matter determined by the needs and interests of the participating students and faculty.
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SpecialTopic:
Y
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Offering:
3-0; or 3-0
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Economics 5801
(9801)
Research Paper
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Description:
Topic determined in consultation with departmental advisors.
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Economics 5901
(9901)
Master's Thesis
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Description:
Topic determined in consultation with departmental advisors.
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Economics
5990
Co-op Work Term I
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Credit Weight:
0.5
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Economics
5992
Co-op Work Term II
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Credit Weight:
0.5
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