Microeconomics

Code: ECON1020

Course description

This course will function as a study of how people in society deal with the problem of scarcity. It will introduce students to principles that are essential to understanding contemporary microeconomic issues facing Canadian society. Economic models will be utilized to analyze decisions made by individual economic units in an economy such as households and firms, the interaction of these units under varying market structures, and the impact of various government policies. Topics of study will include principles of economics, supply and demand theory, consumer theory, production and cost theory, and the determination of equilibrium price and output under different market structures.

Course details

Hours: 42
Credits: 3
Prerequisites: None
Corequisites: None

Build courses into a credential

This course is part of the following program(s):


Credit transfer

Have you taken this course or an equivalent course? Contact the Credit Transfer Office.

Course equivalencies

Dates
Day/Time
Delivery
Campus
Cost
Availability
Start Date: Jan. 10, 2022
End date: Apr. 23, 2022
Day/Time: Thurs. 10:00am – 1:00pm
Delivery: In Person
Campus: Brantford
Cost: $425.48
Start Date: Jan. 10, 2022
End date: Apr. 23, 2022
Day/Time: Wed. 7:00pm – 10:00pm
Delivery: In Person
Campus: Kitchener - Doon
Cost: $425.48
Start Date: Jan. 10, 2022
End date: Apr. 23, 2022
Day/Time: Thurs. 6:00pm – 9:00pm
Campus: Online
Cost: $425.48
Start Date: Jan. 10, 2022
End date: Apr. 23, 2022
Day/Time: Tues. 2:00pm – 5:00pm
Delivery: In Person
Campus: Kitchener - Doon
Cost: $425.48
Start Date: Jan. 10, 2022
End date: Apr. 23, 2022
Day/Time: Fri. 9:00am – 12:00pm
Delivery: In Person
Campus: Kitchener - Doon
Cost: $425.48
Start Date: Jan. 10, 2022
End date: Apr. 23, 2022
Day/Time: Wed. 5:00pm – 8:00pm
Delivery: In Person
Campus: Kitchener - Doon
Cost: $425.48
Start Date: Jan. 10, 2022
End date: Apr. 23, 2022
Day/Time: Fri. 1:00pm – 4:00pm
Delivery: In Person
Campus: Kitchener - Doon
Cost: $425.48
Start Date: Jan. 10, 2022
End date: Apr. 23, 2022
Day/Time: Wed. 1:00pm – 4:00pm
Delivery: In Person
Campus: Kitchener - Doon
Cost: $425.48

Registration dates

Not all courses are offered each term.

Spring 2022 registration opens February 7, 2022. Fall 2022 registration opens July 4, 2022.

Delivery options

In person: classes held in person on a campus/site in a classroom/lab/shop/studio for the course duration

Online - Asynchronous: ​100% online delivery with no assigned day or time requirements, independent course completion

Online - Synchronous: 100% online delivery with scheduled day and time course requirements

Hybrid: any combination of: in person, timetabled, on campus, online, and hyflex delivery