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BCIT

ACCG 5200 - Economics

Accounting Part-time Studies Course

School of Business

Course Details

This course provides the student with a theoretical and applied comprehension to fundamental principles of microeconomics and macroeconomics. It encompasses the basis of the economic way of thinking, the operation of markets, the role of government, and a firms’ profit maximizing decisions as it operates in an environment with varying levels of competition and costs. It includes the examination of economic statistics, the forces that determine national income and international trade flows, and the role of monetary and fiscal policies. This course qualifies as a prerequisite for entrance into the Chartered Professional Accountant (CPA) Professional Education Program (PEP).

Credits

4.0

Cost

$840.35

Winter 2019

Below is one offering of this course for the Winter 2019 term.

CRN 84463

Wed Jan 02 - Wed Apr 10 15 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 02 - Apr 10 Wed 18:00 - 22:00 BBY SE06 Rm. 208

Instructor

Richard Miles

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$840.35

Notes

  1. This course fulfills the CPA requirements for Economics. This course CANNOT be transferred into any programs at BCIT.

This section is only available for registration starting Wed, Oct 24 at 9:00 am (PDT)

Sneak Preview

Learning Outcomes

Upon successful completion the student will be able to:

Microeconomics

  • Analyze the basic economic problem of scarcity, choice, and opportunity cost.
  • Evaluate gains from trade.
  • Differentiate the operation of the market forces of supply and demand.
  • Evaluate and analyze the competitive environment for business and its impacts on profits and costs.
  • Evaluate and analyze the impacts of government regulations and policies on industry and markets.
  • Assess capital markets and their relationship to investor decision making.

Macroeconomics

  • Compare and analyze important economic statistics.
  • Assess changes in aggregate demand and aggregate supply and the resultant changes to economic statistics.
  • Analyze commercial banking and its role in lending and deposit creation.
  • Compare and contrast open versus closed economies and benefits and costs of international trade.
  • Evaluate exchange rate determination and the impacts on open economy economic statistics.
  • Analyze the relationships between productivity growth, growth of national income, and standards of living.

Effective as of Spring/Summer 2015

Related Programs

ACCG 5200 is offered as a part of the following programs:

School of Business

  1. Professional Accounting
    Part-time   Advanced Diploma

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Registration News

Registration is currently open for the Fall 2018 term.

A sneak preview of Winter 2019 term courses is also now available here.

Students may register for Winter 2019 term courses online, by phone, mail or in-person starting Wed, Oct 24 at 9:00 am (PDT).

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Classroom locations are subject to last minute changes. Please check the Part-time Studies Classroom Locations listing at www.bcit.ca/rooms on the first day of any course you are registered for.

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