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Course Description

The lower level liberal studies course deals with the application of market economics to explain certain aspects of human behaviour. We first discuss the basic microeconomic concepts that are essential for understanding both markets and human behaviour. These include the concepts of opportunity cost, marginal cost-marginal benefit analysis, the demand curve, the supply curve, and how equilibrium is arrived at in free functioning markets. We then apply these tools to various social topics and issues. We often find that by applying the economic approach we arrive at explanations that are often counter-intuitive.

Requisites

Antirequisites: ECN 101, CECN 104; Not available to students in the Ted Rogers School of Management, Occupational and Public Health (Health and Safety), or Urban and Regional Planning.

Relevant Programs

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Course Sections

Class Number
1189
Type
LEC
Days
M, W
Time
6:30PM to 9:30PM
Dates
Jun 22, 2020 to Aug 10, 2020
Schedule
Contact Hours
39.0
Location
  • Downtown
Delivery Options
Classroom  
Fees
Domestic Fee non-credit $588.18 Click here to get more information
International Fee non-credit $0.00 Click here to get more information