3 unit(s) An introduction to the core principles of economics with the objective of helping students to apply economic reasoning to issues that are central to modern societies, such as: the role of government in a market-oriented setting; equity and efficiency; growth and the environment; and fiscal and monetary stability.
Lectures (three hours), tutorial (one hour); one term Prerequisite(s): Registration in Level II of the Arts & Science Program Antirequisite(s): Not open to students who have completed both ECON 1B03 and ECON 1BB3.
