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The following list shows most of the courses offered in the 2014/2015 school year. For a complete list, please refer to the Academic Calendar.

Introduction to Microeconomics
AUECO 101

Economic analysis, problems, and policies, with emphasis on the Canadian economy; roles of consumers and firms in competitive and monopolistic markets; foreign ownership in the Canadian economy; distribution of income, inequality, and poverty; use of the environment; government economic policies.

Introduction to Macroeconomics
AUECO 102

Economic analysis, problems, and policies, with emphasis on the Canadian economy; national income and monetary theory; problems of unemployment and inflation; government monetary and fiscal policies; international trade theory, problems, and government policies. Prerequisite: AUECO 101.

Intermediate Microeconomic Analysis I
AUECO 203

Theory of consumer behaviour; theory of production and cost; price and output determination under competition, monopoly, and other market structures. Prerequisite: AUECO 101.

Intermediate Macroeconomic Analysis I
AUECO 204

National income concepts and income determination; theories of aggregate consumption, investment, and employment behaviour; monetary and fiscal policy. Prerequisite: AUECO 102.

Mathematics in Economics and Finance
AUECO 206

Mathematical analysis of problems arising in economics and finance, including an introduction to economic modelling; simple, compound, and continuous rates of interest; static and comparative-static analysis; optimization; annuities, mortgages, bonds, and other securities; dynamics. Prerequisites: AUECO 101 and one of AUMAT 110, 111 or 116. Note: Credit may be obtained for only one of AUECO 206, AUMGT 206, AUMAT 235.

Thinking Strategically
AUECO 220

Introduction to game theory and strategic thinking in economics, business, and related disciplines. Prerequisites: Pure Mathematics 30 or Mathematics 30-1 and AUECO 101.

The International Economy in Historical Perspective I
AUECO 257

Economic analysis of modern economic growth focusing on the Industrial Revolution and its consequences. Critical thinking about why the Industrial Revolution and its related economic growth models can and/or cannot be generalized worldwide is also encouraged.

Industrial Organization
AUECO 323

Exploration of various patterns of internal organization in industries, focusing on the relations among the structure, conduct, and performance of the industries. Prerequisite: AUECO 101. Note: Credit may be obtained for only one of AUECO 323 and AUMGT 323.

Environmental Economics
AUECO 341

Examination of the relationships between the economy and the environment. Emphasis is placed on the application of economic analysis to various environmental issues. Prerequisite: AUECO 101. Note: Credit may be obtained for only one of AUECO 341 and AUENV 341.

Agricultural Economics
AUECO 346

Study of economic theory and policy relating to the agricultural sector of the economy. Emphasis is placed on the economic aspects of agricultural production, marketing, finance, and resource use with particular reference to agricultural policy in Canada and Alberta. Prerequisite: AUECO 101.

Economic Development and Institutional Change in China
AUECO 354

A survey of China's growth and economic development in the pre reform and post reform periods, exploring ideology, institutional structures, and state planning, and analyzing the impact of globalization on China's business and political practices. Prerequisite: AUECO 101 and one of AUPOL 103 or AUPOL 104; or consent of the instructor. Note: Credit may be obtained for only one of AUECO 354 and AUPOL 358.

China Tour: Experiencing Development and Change
AUECO 356

A three week study trip to China, including travel to educational institutions in Zhuhai, the Zhuhai Special Economic Zone and other locations depending on the year. Through lectures, tours and research taking place in China, this course explores the effects of economic and institutional reforms as well as those of globalization, with links to China's history and to its culture. Note: Credit may be obtained for only one of AUECO 356 and AUPOL 356.

International Economics
AUECO 360

Examination of the theories of international trade and investment, the international monetary system, and the multinational firm. Prerequisite: AUECO 101.

International Finance
AUECO 363

Examination of the types of international transactions, exchange rate determination, balance of payments adjustments, macroeconomics in an open economy, and other issues in the international monetary system. Prerequisite: AUECO 102. Note: Credit may be obtained for only one of AUECO 363 and AUECO 463.

Development Economics
AUECO 364

Survey of the major approaches to and problems of economic development in the less-developed nations. Particular emphasis is placed on issues relating to capital accumulation, income distribution, population growth and employment, and international economic relations. Prerequisite: AUECO 101.

Intermediate Microeconomic Analysis II
AUECO 384

Designed for majors in Economics, dealing with extensions and applications of microeconomic theory: topics include intertemporal choice, risk, uncertainty and expected utility; oligopoly and game theory; externalities, public goods, adverse selection, moral hazard, and asymmetric information; general equilibrium. Prerequisites: AUECO 203 and AUMAT 110 or 111 or 116.

Intermediate Macroeconomic Analysis II
AUECO 385

Designed for majors in Economics. Theories of stabilization policy; expectations; the government budget constraint; inflation and unemployment; business cycles and growth; theories of aggregate consumption, investment, money demand and money supply. Prerequisites: AUECO 203, 204 and AUMAT 110 or 111 or 116.

Directed Reading I
AUECO 397

Intensive study of a specific area of economics as defined by the student and a supervising instructor. Prerequisite: Consent of the instructor. Notes: An "Application for Individual Study" must be completed and approved before registration in the course. The course is intended primarily for a student planning to pursue graduate studies in economics.

Directed Reading II
AUECO 398

Intensive study of a specific area of economics as defined by the student and a supervising instructor. Prerequisites: AUECO 397 or 497, and consent of the instructor. Notes: An "Application for Individual Study" must be completed and approved before registration in the course. The course is intended primarily for a student planning to pursue graduate studies in economics.

International Finance
AUECO 463

Examination of the types of international transactions, exchange rate determination, balance of payments adjustments, macroeconomics in an open economy, and other issues in the international monetary system. Prerequisite: AUECO 102. Note: Credit may be obtained for only one of AUECO 363 and AUECO 463.

International Trade Policy and Applications
AUECO 465

Examination of various trade models. The application of economic tools to international trade policy; tariffs, quotas, export subsidies, and application of game theory to international trade. Prerequisite: AUECO 203. Note: AUECO 360 is highly recommended.

Ethics in Economics and Business
AUECO 480

Investigation of the relation between ethical reflection and the activities of businesses and economics. Attention is paid to the role of self-interest and rationality in economic and business discourse, the relation between the price system and human values, and the morality of the market as a means of social organization. Several case studies are used. Prerequisite: At least *6 at a senior-level in Economics or Management.

Directed Reading I
AUECO 497

Intensive study of a specific area of economics as defined by the student and a supervising instructor. Prerequisite: Consent of the instructor. Notes: An "Application for Individual Study" must be completed and approved before registration in the course. The course is intended primarily for a student planning to pursue graduate studies in economics.

Directed Reading II
AUECO 498

Intensive study of a specific area of economics as defined by the student and a supervising instructor. Prerequisites: AUECO 397 or 497, and consent of the instructor. Notes: An "Application for Individual Study" must be completed and approved before registration in the course. The course is intended primarily for a student planning to pursue graduate studies in economics.