Spring 2026 - ECON 105 D900
Principles of Macroeconomics (4)
Class Number: 5633
Delivery Method: In Person
Overview
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Course Times + Location:
Jan 5 – Apr 10, 2026: Tue, Thu, 2:30–4:20 p.m.
Surrey
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Instructor:
Vasyl Golovetskyy
vgolovet@sfu.ca
Description
CALENDAR DESCRIPTION:
The principal elements of theory concerning money and income, distribution, social accounts, public finance, international trade, comparative systems, and development and growth. Quantitative/Breadth-Soc.
COURSE DETAILS:
This course is an introduction to macroeconomics, a study of how a national economy behaves on the aggregate level. We will examine the measures of the national income, inflation and unemployment, business cycles and stabilization policies, the role of money and banking system, inflation and interest rates, international trade and exchange rates, economic growth and policies that promote economic growth.
Topics:
- Economics Methodology & Models
- Demand, Supply, & Market Equilibrium
- Macroeconomic Aggregates
- Gross Domestic Product & Standard of Living
- Aggregate Expenditure, Keynesian Cross, Equilibrium National Income, & Multiplier
- Aggregate Demand Curve, Aggregate Supply, Short-Run Equilibrium, & AD/AS Shocks
- Short Run, Long Run, Factor Price Adjustments, Fiscal Policy, & Phillips Curve
- Economic Growth, Solow Growth Model, & Other Growth Models
- Money, Banking, Interest Rate, & National Income
- Canadian Monetary Policy
- International Trade
Grading
- Online Quizzes 5%
- Assignments 25%
- Midterm Tests 30%
- Final Exam 40%
Materials
REQUIRED READING:
Christopher T.S. Ragan, Macroeconomics, Eighteenth Canadian Edition, Pearson Canada, 2025.
REQUIRED READING NOTES:
Your personalized Course Material list, including digital and physical textbooks, are available through the SFU Bookstore website by simply entering your Computing ID at: shop.sfu.ca/course-materials/my-personalized-course-materials.
Department Undergraduate Notes:
Please note that, as per Policy T20.01, the course requirements (and grading scheme) outlined here are subject to change up until the end of the first week of classes.
Final exam schedules will be released during the second month of classes. If your course has a final exam, please ensure that you are available during the entire final exam period until you receive confirmation of your exam dates.
Students requiring accommodations as a result of a disability must contact the Centre for Accessible Learning (CAL) at 778-782-3112 or caladmin@sfu.ca.***NO TUTORIALS DURING THE FIRST WEEK OF CLASSES***
Registrar Notes:
ACADEMIC INTEGRITY: YOUR WORK, YOUR SUCCESS
At SFU, you are expected to act honestly and responsibly in all your academic work. Cheating, plagiarism, or any other form of academic dishonesty harms your own learning, undermines the efforts of your classmates who pursue their studies honestly, and goes against the core values of the university.
To learn more about the academic disciplinary process and relevant academic supports, visit:
- SFU’s Academic Integrity Policy: S10-01 Policy
- SFU’s Academic Integrity website, which includes helpful videos and tips in plain language: Academic Integrity at SFU
RELIGIOUS ACCOMMODATION
Students with a faith background who may need accommodations during the term are encouraged to assess their needs as soon as possible and review the Multifaith religious accommodations website. The page outlines ways they begin working toward an accommodation and ensure solutions can be reached in a timely fashion.