MGM390H5 Chapter Notes - Chapter 1: Chapter 27, Longrun, Univers

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14 Sep 2014
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Eco100y5y (l0301 & l6001) introduction to economics. This is a survey course with emphasis on the basic concepts and techniques of macro- and microeconomic theory. The concepts introduced will include: national income and its determination; monetary and fiscal techniques; the derivation and use of supply and demand schedules; the theory of the firm; and principles of comparative advantage and foreign exchange fluctuations. Students must attend the lecture section that they register or their in-class (i-clicker) questions will receive a zero mark. Tests (start at 8am for 50 minutes on the scheduled dates and your location will be announced in due course) are non-cumulative, but the final examination is cumulative. Re-read of any test will be granted if it is written in pen and the request submitted in writing with specificity within one week after it has been returned to the class.

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