Cohort and Optional Required Courses

ECON

Elements of theory and of Canadian policy and institutions concerning the economics of markets and market behaviour, prices and costs, exchange and trade, competition and monopoly, distribution of income.

Elements of theory and of Canadian policy and institutions concerning the economics of growth and business cycles, national income accounting, interest and exchange rates, money and banking, the balance of trade.

Economic inequality in Canada and other countries; measurement and causes. Inequality in the distribution of wealth; redistribution of income and wealth; notions of distributive justice. Provides needed content on ethics in a global economic context.
Prerequisite: All of ECON 101, ECON 102.

Mathematical and graphical models of individual, household, and firm behavior with applications to issues in international economics. Registration restricted to students in the Bachelor of International Economics Program. Credit will be granted for only one of ECON 308, 301, or 304. This course is not eligible for Credit/D/Fail grading.
Prerequisite: All of ECON 101, ECON 102, MATH 105 and one of MATH 104, MATH 184.

Income and employment theory, monetary theory, the open economy, economic fluctuations and growth. Credit may be obtained for only one of ECON 302, ECON 305.
Prerequisite: All of ECON 101, ECON 102, MATH 104, MATH 105.

Basic tools for the statistical analysis of economic data. Registration restricted to students in the Bachelor of International Economics Program. Credit will be granted for only one of ECON 325, ECON 227,or STAT 200. This course is not eligible for Credit/D/Fail grading.
Prerequisite: All of COEC 126, ECON 101, ECON 102, MATH 105 and one of MATH 104, MATH 184.

Empirical tools used in applied research, with emphasis on the linear regression model. Registration restricted to students in the Bachelor of International Economics program. Credit will be granted for only one of ECON 326, ECON 228, or STAT 306. This course is not eligible for Credit/D/Fail grading.
Prerequisite: ECON 327.

Social and economic implications for both rich and poor countries of lowered barriers to the international flows of information, capital, labour and goods. May not be taken for credit by students with fourth-year standing.
Prerequisite: All of ECON 101, ECON 102.

Techniques and problems in benefit-cost analysis of public projects. Examination of alternative approaches to public decision-making such as cost-effectiveness analysis and multiple-objective frameworks. Case studies of projects in the areas of natural resources, the environment, human resources, public services, and transportation.
Prerequisite: All of ECON 101, ECON 102.

Industrialization of an agrarian economy; how the West grew rich; history of Japanese development; technical progress and growth; evolution of the patterns of income distribution; role of international trade in development; environment and development.
Prerequisite: One of ECON 301, ECON 304, ECON 308.

Divergence in the world economy, poverty, consequences of initial inequality, institutions, the impact of history, recent developmental experience--some case studies, labour and credit markets, the trickle down process.
Prerequisite: One of ECON 301, ECON 304, ECON 308 .

International trade theory and policy in general equilibrium; relative costs, factor proportions, imperfect competition and the pattern of trade; efficiency and distribution. Credit granted for only one of ECON355 and ECON455.
Prerequisite: One of ECON 301, ECON 304, ECON308.

Balance of payments; market for foreign exchange; mechanism for adjusting the balance of payments; internal vs. external stability; current problems and issues.
Prerequisite: One of ECON 302, ECON 305, ECON309.

Econometric methodologies necessary to conduct applied research, including time series analysis and panel data methods; review of empirical work in international economics. Registration restricted to students in the Bachelor of International Economics Program. This course is not eligible for Credit/D/Fail grading.
Prerequisite: ECON 328.

Focus on a particular aspect of applied international economics. Independent empirical research project required. Registration restricted to students in the Bachelor of International Economics Program. This course is not eligible for Credit/D/Fail grading.
Prerequisite: ECON 493.

COEC

Introduction to the construction and interpretation of financial reports prepared primarily for external use. This course is not eligible for Credit/D/Fail grading.

The process of marketing research including topics such as problem/opportunity formulation, research objectives, data sources, research instrument design, sampling, data collection and processing and methods of data analysis. This course is not eligible for Credit/D/Fail grading.

Examination of corporate enterprise decisions including capital budgeting; capital structure choice, and financial policies, tools, and valuation. This course is not eligible for Credit/D/Fail grading.

Basic concepts of finance, including security valuation, security markets, and financial decisions concerning risk and return. This course is not eligible for Credit/D/Fail grading.

Structure, nature and institutions of foreign exchange markets, including spot, forward, futures, options, and offshore currency markets. Factors affecting exchange rates are also discussed. This course is not eligible for Credit/D/Fail grading.
Prerequisite: COEC 371.

Concepts and processes for the strategic management of private sector, single and multi-business unit enterprises are analysed using the case method. Methodologies which draw on economic and organizational theory are integrated to form the foundations for strategic analyses. This course is not eligible for Credit/D/Fail grading.

The particular problems and experiences encountered in starting, developing and managing new enterprises. The course includes lectures, guest speakers, and case studies. This course is not eligible for Credit/D/Fail grading.

Development of general environmental framework for international business studies by drawing on international and development economics, research into government-business relations and studies in comparative socio-cultural systems and political systems. This course is not eligible for Credit/D/Fail grading.

MATH

Derivatives and rates of change, exponential and trigonometric functions, Newton's method, Taylor polynomials, maxima and minima, and graphing. Please consult the Faculty of Science Credit Exclusion List: www.calendar.ubc.ca/vancouver/index.cfm?tree=12,215,410,414. [3-0-0]
Prerequisite: High-school calculus and one of (a) a grade of 80% or higher in BC Principles of Mathematics 12 or Pre-calculus 12, (b) a score of 73% or higher in the BC provincial examination for Principles of Mathematics 12 or Pre-calculus 12, or (c) a satisfactory score in the UBC Mathematics Basic Skills Test.

Antiderivatives, the definite integral, techniques of integration, infinite series, partial derivatives, maxima and minima with constraints, discrete and continuous random variables. Please consult the Faculty of Science Credit Exclusion List: www.students.ubc.ca/calendar/index.cfm?tree=12,215,410,414. [3-0-0]
Prerequisite: One of MATH 100, MATH 102, MATH 104, MATH 110, MATH 111, MATH 120, MATH 180, MATH 184.

WRDS

Writing and reading in the social sciences and humanities, focusing on practices which the research disciplines share, and those which differentiate them. This course is not eligible for Credit/D/Fail grading.

*B.I.E. students are allowed a maximum of 24 credits of Business (COEC) courses towards the completion of their B.I.E. degree. Only students who are currently in the B.I.E+MM program are allowed to use the COMM courses required by the MM curriculum as B.I.E electives. The maximum of 24 credits of Business (COEC and COMM) courses applies to B+MM students as well.

**B.I.E. students who are in the B+MM program are allowed to use the required B+MM courses (i.e. COMM120, 220, 321, and 420) as electives but cannot exceed the maximum of 24 credits of Business (COMM and COEC) courses limit. They are also allowed to take another ECON 400-level course in place of COEC365 or 491 towards the BIE Year 3 and 4 Other Required Courses.