Course Description

Credits: 3.00

The allocation of scarce resources in the face of unlimited wants and needs is at the core of economics. This course introduces the fundamentals of microeconomics and creates the foundation for economic analysis and thinking. The course starts with the study of individual choice and opportunity cost, then proceeds to introduce supply and demand and the market adjustments leading to equilibrium, and addresses the use of market price and the sources of market failure. It transitions to consumer behaviour focusing on how consumers make decisions, while creating a framework to understand how firms optimize production under different market structures. The course concludes with the application of microeconomic theory to more advanced topics such as international trade, marginal analysis and the trade-off between equity and efficiency. Learners are recommended to complete the Business Math Skills Self-Assessment (https://bowvalleycollege.ca/schools/chiu-school-of-business/MSA) prior to taking this course.
 

Additional Information

For details about this course, please look at the course outline here.

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Questions

403-410-1402
Toll-free: 1-866-428-2669
info@bowvalleycollege.ca

Course Offerings

Blended - Asynchronous

Students and instructors participate online and meet in a classroom. There are no specific meeting times.

Start/End Date

Jan 9, 2025 - Apr 29, 2025

Location

Distance

Domestic Students

$633.00 CAD

Hours

45

Blended - Synchronous

Students and instructors participate online and meet in a classroom. There are specific meeting times.

Start/End Date

Jan 9, 2025 - Apr 29, 2025

Location

Calgary Downtown Campus

Domestic Students

$633.00 CAD

Schedule

Tuesday

6:00 PM - 8:50 PM

Hours

45

Face to Face - Synchronous

Students and instructors meet in a classroom at a specific time.

Start/End Date

Jan 9, 2025 - Apr 29, 2025

Location

Calgary Downtown Campus

Domestic Students

$633.00 CAD

Schedule

Friday

9:30 AM - 12:20 PM

Hours

45

Start/End Date

Jan 9, 2025 - Apr 29, 2025

Location

Calgary Downtown Campus

Domestic Students

$633.00 CAD

Schedule

Monday

2:00 PM - 3:20 PM

Wednesday

2:00 PM - 3:20 PM

Hours

45

Start/End Date

Jan 9, 2025 - Apr 29, 2025

Location

Calgary Downtown Campus

Domestic Students

$633.00 CAD

Schedule

Tuesday

9:30 AM - 10:50 AM

Thursday

9:30 AM - 10:50 AM

Hours

45

Start/End Date

Jan 9, 2025 - Apr 29, 2025

Location

Calgary Downtown Campus

Domestic Students

$633.00 CAD

Schedule

Tuesday

11:00 AM - 12:20 PM

Thursday

11:00 AM - 12:20 PM

Hours

45

Start/End Date

Jan 9, 2025 - Apr 29, 2025

Location

Calgary Downtown Campus

Domestic Students

$633.00 CAD

Schedule

Monday

9:30 AM - 10:50 AM

Wednesday

9:30 AM - 10:50 AM

Hours

45

Start/End Date

Jan 9, 2025 - Apr 29, 2025

Location

Calgary Downtown Campus

Domestic Students

$633.00 CAD

Schedule

Tuesday

9:30 AM - 10:50 AM

Thursday

9:30 AM - 10:50 AM

Hours

45

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