MGMT230

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.

Currently not available for registration.

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 price level, interest rates and 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. 

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.

If you’re taking a classroom course:

Mankiw, N. et al. Principles of Microeconomics, 8th Edition. ISBN: 9780176872823

Mankiw, N. et al. Study Guide for Principles of Microeconomics, 8th Canadian Edition. ISBN: 9780176888091

Mankiw, N. et al. Principles of Macroeconomics, 8th Edition. ISBN: 9780176872830

Mankiw, N. et al. Study Guide for Principles of Macroeconomics, 8th Canadian Edition. ISBN: 9780176888244

If you're taking an online course:

Mankiw, N. et al. Principles of Microeconomics, 8th Edition. ISBN: 9780176872823

Mankiw, N. et al. Study Guide for Principles of Microeconomics, 8th Canadian Edition. ISBN: 9780176888091

Mankiw, N. et al. Principles of Macroeconomics, 8th Edition. ISBN: 9780176872830

Mankiw, N. et al. Study Guide for Principles of Macroeconomics, 8th Canadian Edition. ISBN: 9780176888244

You will access other course materials using SFU's online course management system, Canvas. You will receive course details and Canvas access instructions on the first day of the course. You can check if your browser is compatible with Canvas here.

New to online learning? See Online Programs and Courses for helpful videos and additional information.

Professional development credits

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