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MGMT230

Economic Theory

To understand how economic factors impact your organization, start with this careful look at fundamental microeconomic and macroeconomic theory. Learn key aspects of economics, such as how people make decisions, interact with and interpret the economic world around them.

Specific topics include: consumer behaviour, production and costs, market structure, firm behaviour and government policies, price level and aggregate output.

You will become familiar with the forces that determine economic growth, the role of money, and the role of government in managing the economy through policies that impact individuals and firms.

Overview

Location: Online
Duration: 12 weeks
Tuition: $649
Can be applied to:
Business Management Certificate
Risk Management Certificate

Upcoming Offerings

Register for a course at any time, with the option to apply to the Business Management Certificate program later. 

Start Date
Schedule
Location
Instructor
Cost
Seats Available
Action
Start DateWe plan to offer this course online through a virtual class in January 2026. Registration will open once the details are finalized.
Schedule
LocationOnline
InstructorTBA
Cost$675.00
Seats Available30
Action
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What you will learn

After completing this course, you鈥檒l be able to do the following:

  • Define fundamental microeconomic and macroeconomic concepts
  • Apply microeconomic and macroeconomic concepts to explain economic events that have a direct impact on organizations and individuals in Canada
  • Apply supply and demand principles to guide personal and social economic decisions
  • Analyze the effects of various government policies on critical issues in Canada
  • Analyze how monetary and fiscal policies affect interest rates and aggregate demand in open and closed economies
  • Identify the contributions and limitations of economic theories in solving current economic problems

How you will learn and be evaluated

  • Prepare to spend 6鈥�10 hours per week on coursework
  • Expect readings and other assignments on a weekly basis
  • Plan to participate in live online classes

You will be evaluated on:

  • Assignments and other exercises
  • Exams
  • Online discussions
  • Participation and attendance

Learning Materials

Course fees do not include textbooks. We recommend you purchase your textbooks as soon as you鈥檝e registered. We will provide additional course materials online.

Required textbooks:

Mankiw, N. et al. Principles of Microeconomics, 9th Canadian Edition. ISBN: 9781774740279. An ebook is available through the publisher, .

Technical Requirements

For online courses, you will need a computer with audio and microphone that is connected to the internet. Canvas is the online system that will be used for the course. For more information and online support, visit Online Learning.

Professional Development Credits

This course may meet the requirements for the following designation:

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