Why do the values of the Canadian dollar and the American dollar differ? Is the GST a bad tax? Why is it so difficult to find a job sometimes? Should medical care be free of charge to all residents of Canada? These questions, essential to everyday living, are best answered through an understanding of economics. Discuss basic economic principles by applying them to everyday events and issues. Course includes relevant economic information that will help you make better and more informed personal and business decisions.
Upon successful completion of this course, you will be able to:
- Use the appropriate terms and concepts to describe principles of economics
- Use economic principles, theories and laws to understand and analyze contemporary economic issues and problems, and
- Develop an understanding of the workings of the Canadian economy