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International Fees

International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.

Course details

Presents the influential concepts of both micro and macroeconomics and, in a student-based learning environment, assists you in applying these notions to your career. A professional economist will work with you in discovering the laws of supply and demand, consumer decision-making, producer profit maximization, competition and monopoly regulation in microeconomics. Use of fiscal, monetary and exchange rate policy to influence unemployment, inflation and economic growth is also covered. Familiarization with spreadsheets is strongly recommended for those intending to register in the Internet delivery section.

Prerequisite(s)

  • No prerequisites are required for this course.

Credits

3.0

Domestic fees

$510.65 - $551.93 See individual course offerings below for actual costs.

Course offerings

Winter 2024

Below are three offerings of ECON 1150 for the Winter 2024 term.

CRN 40013

Duration

Wed Jan 03 - Sat Mar 23 (12 weeks)

  • 12 weeks
  • CRN 40013
  • Domestic fees $537.32
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Jan 03 - Mar 23 N/A N/A Online
Instructor

Charlene Richter

Course outline

View

Credits

3

Domestic fees

$537.32

Important information
  1. Internet delivery format.
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  3. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  4. Check your myBCIT email account or log in to the Learning Hub to access this information. Students must have an e-mail address and access to a computer capable of handling basic documents. This is an asynchronous course. Students are not required to be online at specific times, however, students are strongly encouraged to submit assignments and quizzes by their due dates. Students are required to have the Mankiw textbook with online resource MindTap, which is available from the BCIT bookstore or direct from the publisher. If you have any questions about the course, please feel free to contact the instructor at Charlene_Richter@bcit.ca prior to registering.
Status

In Progress and Full

This course offering is in progress and full. Please check this page for other currently available offerings or subscribe to receive email updates.

CRN 71616

Duration

Wed Jan 03 - Sat Mar 23 (12 weeks)

  • 12 weeks
  • CRN 71616
  • Domestic fees $537.32
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Jan 03 - Mar 23 N/A N/A Online
Instructor

TBD

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

3

Domestic fees

$537.32

Important information
  1. Internet delivery format.
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  3. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  4. Check your myBCIT email account or log in to the Learning Hub to access this information. Students must have an e-mail address and access to a computer capable of handling basic documents. This is an asynchronous course. Students are not required to be online at specific times, however, students are strongly encouraged to submit assignments and quizzes by their due dates. Students are required to have the Mankiw textbook with online resource MindTap, which is available from the BCIT bookstore or direct from the publisher. If you have any questions about the course, please feel free to contact the instructor at Charlene_Richter@bcit.ca prior to registering.
Status

Cancelled

This course offering has been cancelled. Please check this page for other currently available offerings or subscribe to receive email updates.

CRN 16418

Duration

Tue Jan 09 - Tue Mar 26 (12 weeks)

  • 12 weeks
  • CRN 16418
  • Domestic fees $551.93
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Jan 09 Tue 18:30 - 21:30 Burnaby SE06 Rm. 108
Jan 16 Tue 18:30 - 21:30 Online
Jan 23 Tue 18:30 - 21:30 Burnaby SE06 Rm. 108
Jan 30 Tue 18:30 - 21:30 Online
Feb 06 - Feb 13 Tue 18:30 - 21:30 Burnaby SE06 Rm. 108
Feb 20 - Feb 27 Tue 18:30 - 21:30 Online
Mar 05 Tue 18:30 - 21:30 Burnaby SE06 Rm. 108
Mar 12 Tue 18:30 - 21:30 Online
Mar 19 - Mar 26 Tue 18:30 - 21:30 Burnaby SE06 Rm. 108
Instructor

Camlon Chau

Course outline

View

Credits

3

Domestic fees

$551.93

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  3. This is a Hybrid/blended course that has both online synchronous and in-classroom meetings. The online synchronous weeks require regular attendance to scheduled lectures and provides real-time interaction with your instructor and classmates. In-classroom meetings are conventional on campus face-to-face format. Both the online synchronous meetings and in-classroom meetings are held on the same day and time each week. Campus and room location are as noted on the course registration information above. This Hybrid/blended course has more than 50% of the prescribed meeting time as “on campus in-classroom” and is therefore eligible for International Students to use as part of their “in-classroom” program requirement.
Status

In Progress

This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.

Spring/Summer 2024

Below are five offerings of ECON 1150 for the Spring/Summer 2024 term.

CRN 24857

Duration

Tue Apr 16 - Tue May 21 (6 weeks)

  • 6 weeks
  • CRN 24857
  • Domestic fees $548.96
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Apr 16 - May 21 Tue 18:00 - 21:00 Online
Instructor

Camlon Chau

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

3

Domestic fees

$548.96

Important information
  1. Internet delivery format.
  2. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  3. Internet delivery format. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information. This class combines weekly classes delivered synchronously online with asynchronous learning. You are required to be available to log-on live to an online platform at all scheduled course days and times, and additional time each week to cover the remaining course hours.
Status

CRN 69448

Duration

Fri Apr 19 - Fri Jul 05 (12 weeks)

  • 12 weeks
  • CRN 69448
  • Domestic fees $537.76
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Apr 19 - Jul 05 Fri 18:00 - 21:00 Downtown DTC Rm. 481
Instructor

Serge Tarasenko

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

3

Domestic fees

$537.76

Important information
  1. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  2. ** HYBRID: This course will be offered 50% in person - on campus and 50% synchronously online. ***Please note that the first class will be held on campus*** The instructor will provide class details in the course outline.
Status

Seats Available

5 seats remaining as of Sat March 2, 2024 at 9:57 pm (PST). Availability may change at any time.

CRN 25985

Duration

Tue Apr 09 - Sat Jun 29 (12 weeks)

  • 12 weeks
  • CRN 25985
  • Domestic fees $510.65
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Apr 09 - Jun 29 N/A N/A Online
Instructor

William Shen

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

3

Domestic fees

$510.65

Important information
  1. Internet delivery format.
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  3. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  4. Students must submit email address when registering. To be successful in our online courses, plan to spend 7-10 hours per course each week on your studies, starting Week 1. Our courses are paced and highly interactive with participation requirements weekly. Frequent contributions to asynchronous (not real time) online discussions is required to achieve a passing final grade. Is online learning for you? Please take a look at our FAQ pages www.bcit.ca/distance/faq.shtml and www.bcit.ca/distance/foryou.shtml
Status

Full

This course offering is full. Please check this page for other currently available offerings or subscribe to receive email updates.

CRN 66553

Duration

Tue Apr 09 - Sat Jun 29 (12 weeks)

  • 12 weeks
  • CRN 66553
  • Domestic fees $510.65
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Apr 09 - Jun 29 N/A N/A Online
Instructor

Charlene Richter

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

3

Domestic fees

$510.65

Important information
  1. Internet delivery format.
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  3. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  4. Important course information will be sent to you prior to your course start date. Check your myBCIT email account or log in to the Learning Hub to access this information. Students must have an e-mail address and access to a computer capable of downloading and working with basic documents. This is an asynchronous online course. Students are not required to be online at a specific time of the day; however, students are strongly encouraged to submit assignments and quizzes by their due dates. This course uses the Mankiw textbook with MindTap (or etext with MindTap) which is available from the BCIT Online/Distance bookstore or direct from the publisher. If you have any questions about the course, please feel free to contact the instructor at Charlene_Richter@bcit.ca.
Status

Full

This course offering is full. Please check this page for other currently available offerings or subscribe to receive email updates.

CRN 21199

Duration

Tue Apr 16 - Tue Jul 02 (12 weeks)

  • 12 weeks
  • CRN 21199
  • Domestic fees $537.76
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Apr 16 - Jul 02 Tue 18:00 - 21:00 Downtown DTC Rm. 481
Instructor

Serge Tarasenko

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

3

Domestic fees

$537.76

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  3. ** HYBRID: This course will be offered 50% in person - on campus and 50% synchronously online. ***Please note that the first class will be held on campus*** The instructor will provide class details in the course outline.
Status

Full

This course offering is full. Please check this page for other currently available offerings or subscribe to receive email updates.

Learning Outcomes

Upon successful completion of the course, the student will be able to:

  • Use standard economic models to solve problems.
  • Define opportunity cost and explain its importance in decision making.
  • Use a standard model of consumer behaviour to demonstrate how people decide amongst many choices given a limited income.
  • Use the model of supply and demand to illustrate how consumers and suppliers interact to determine price and quantity exchanged in the marketplace.
  • Demonstrate the effects of price ceilings, price floors, and taxes on prices and quantities in product markets.
  • Use income and price elasticities to analyze consumer demand for a product or service.
  • Distinguish between explicit and implicit costs.
  • Calculate revenues, costs, and profits.
  • Distinguish between a business's accounting profits and economic profits.
  • Show how the concept of opportunity cost influences business decisions.
  • Differentiate between short-run and long-run production decisions.
  • Demonstrate how businesses use cost analysis to make production and sales decisions.
  • Describe the characteristics of perfectly competitive and imperfectly competitive markets.
  • Demonstrate why a perfectly competitive firm produces an output where price equals marginal cost.
  • Determine the shut-down point.
  • Explain how market structure influences a firm's strategic pricing and production decisions.
  • Evaluate the economic efficiency of various market structures.
  • Explain how globalization and technology have changed the Canadian industrial landscape.
  • Assess the role of government in the marketplace.
  • Describe Canada's recent macroeconomic history.
  • Understand the relationships amongst economic variables such as unemployment, inflation, and real Gross.
  • Domestic Product, and determine how changes in economic variables impact Canadian production.
  • Recognize the role of the Bank of Canada and the banking industry in the Canadian economy.
  • Explain how fiscal and monetary policies affect economic activity, and determine which policy would be most effective in achieving our economic goals.
  • Describe how globalization impacts the Canadian economy.

Effective as of Winter 2007

Related Programs

Economic Issues (ECON 1150) is offered as a part of the following programs:

School of Business + Media

  1. Financial Management (Financial Planning)
    Associate Certificate Part-time
  2. Fire Executive Management
    BCIT/Industry Partnership Certificate Part-time
  3. Human Resource Management
    Certificate Part-time
  4. International Trade and Transportation Logistics
    Certificate Part-time

School of Construction and the Environment

  1. Construction Estimating
    Certificate Part-time
  2. Geographic Information Systems
    Bachelor of Technology Full-time/Part-time
  3. Geomatics
    Bachelor of Science Full-time

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