Academic Calendar 1998 - 1999 Mount Allison University
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Economics 4000 Level Courses
4000 MODES OF ECONOMIC THOUGHT
An examination of the historical roots of important modes of modern economic thought. The theories of value, growth, and distribution associated with Smith, Ricardo, Marx, Walras, Marshall, Keynes, Robinson, and Samuelson will form the core of this course. The course will conclude with a discussion of methodology thereby emphasizing the difficulties of choosing between alternative modes or methods of economic thinking.
Prereq: Economics 2000 and 3100 (one of these may be taken concurrently); or permission of the Department.

4500 PUBLIC FINANCE AND THE ECONOMIC FUNCTIONS OF THE STATE
An introduction to public sector economics. Positive and normative approaches to the study of the public sector will be considered in this course. Specific topics include: the pure theory of public expenditure, Canadian tax policy, intergovernmental fiscal arrangements, deficits and public debt, the growth of government and the welfare state in Canada.
Prereq: Economics 2000 and 3100 (one of these may be taken concurrently); or permission of the Department.
Note: Counts as an Commerce elective for students taking a Bachelor of Commerce or a Bachelor of Arts with Major or Minor in Commerce.

4700 ECONOMETRICS
An introduction to the measurement of economic relationships.
Prereq: Economics 1000 and 2701; or permission of the Department. The Department usually offers this course in alternate years. Consult the Department Handbook.
Note: Counts as an Commerce elective for students taking a Bachelor of Commerce or a Bachelor of Arts with Major or Minor in Commerce.

4800 ADVANCED ECONOMIC THEORY
This is a senior course in economic theory, with emphasis on advanced analytical techniques in micro and macroeconomics. Included are theories of production, consumption, distribution, market structures, with partial and general equilibrium models, and static and dynamic macro-models of an open economy. Honours students who wish to pursue graduate studies in economics are strongly urged to take this course.
Prereq: Economics 2000, 3100, Mathematics 1121 and 2221; or permission of the Department. The Department usually offers this course in alternate years. Consult the Department Handbook.

4950/4951 DIRECTED READINGS ON SPECIAL TOPICS
This course permits a senior student, under the direction of a faculty member, to pursue a program of independent study in the form of directed readings or directed research on topics not usually covered in other course offerings or permits a more intensive study of topics covered in regular course offerings.
Prereq: Written permission of the Department.

4980/4981 SPECIAL TOPICS IN ECONOMICS
A senior course which focuses on topic(s) not covered by current course offerings in Economics or topic(s) not covered in depth by the courses offered.
Prereq: Permission of the Department.

4990 HONOURS THESIS
A student fulfilling requirements for an Honours degree may elect to undertake a research and writing project of acceptable scope and quality under the supervision of faculty members in Economics. The student must submit a formal proposal to the Department prior to registration.
Prereq: Written permission of the Department.


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