MGMT230

Introduction to Economic Theory

Enhance your understanding of the modern business environment in this engaging introduction to economic theory, including micro and macroeconomics. We'll examine the workings of simple competitive markets through the concepts of elasticity of supply and demand, and the theory of perfect competition. This course also covers the forces that determine economic growth, the role of money in the economy, and the role of government in managing the economy through fiscal, monetary, and other policies.

Related program(s)

This course is available at the following time(s) and location(s):

Section Sessions Date/time Campus Instructor(s) Cost Registration
MGMT230-SU1137 16 Tuesdays
Sep 10–Dec 10, 2013
6:30–9:30 pm
and
Saturdays
Oct 26 and Nov 23, 2013
9 am–12 noon
 Sur Don Reddick $590 Register

What will I learn?

After completing this course, you should be able to do the following:

  • Demonstrate an understanding of the key concepts of supply and demand and their elasticity
  • Explain how the price level, interest rates, and the exchange rate are determined in an economy like Canada's
  • Define the forces that drive economic growth
  • Follow the government’s role in managing the economy through fiscal, monetary, and other policies

How will I learn?

This university-level course may consist of a combination of lectures, workshops, case studies, examinations, projects, papers, assignments, and group presentations. It requires at-home study and preparation. You can expect reading and other assignments on a weekly basis.

How will I be evaluated?

We'll evaluate your performance in this course using a combination of in-class or take-home assignments, exams, individual or group projects, participation, and attendance. To meet course demands, you should have an advanced level of written and spoken English.

If English is not your first language, we recommend you complete the International English Language Testing System (IELTS) with a minimum overall band score of 6.5. If you have any questions or concerns about your English language proficiency, we encourage you to contact us.

Textbooks and learning materials

Course fees do not include textbooks or other materials, which you may purchase from the SFU Bookstore. We recommend you purchase your textbooks as soon as you've registered. The quantities are limited at the bookstore.

The textbooks for this course are as follows:

  • Principles of Macroeconomics by Mankiw, Gregory et. al. (2011, 5th ed., ISBN:9780176502423)
  • Principles of Microeconomics by Mankiw, Gregory et. al. (2011, 5th ed., ISBN:9780176502416)

Professional development credits

This course may meet the requirements for the following designation(s):

Look at other courses in