Get Your Micro-credentials in Financial Accounting
Principles of Economics Course (ECON)
The Principles of Economics course introduce to the fundamental concepts of micro economics. They “learn by doing” and in essence learn to think like an economist. Topics in this course include: the economic way of thinking, economics as a life skill, graphs used in economic models, global economics and the global economy, the circular flows, production possibilities, economic growth, specialization and trade, supply and demand, market equilibrium, government actions in markets, global markets and industry performance and more.
In the second half of this course students will combine their knowledge of micro economics with more advanced concepts. Students will learn about prices, profits, and industry performance (monopolistic competition and oligopoly), GDP, jobs and unemployment, the CPI and the cost of living, potential GDP and economic growth, money and inflation, aggregate supply and aggregate demand, fiscal policy and monetary policy.
What’s Included
Online & in-class session
3 weeks of study
60 hours of classes
Schedule
TBA
Learning Objectives for Principles of Economics Course
It also covers key macroeconomic topics such as the definition and measurement of gross domestic product, unemployment indicators, inflation and price level changes via the Consumer Price Index and money supply, the determinants of economic growth, the forces of aggregate supply and demand, the causes of business cycles, and the role of fiscal policy in stabilizing the economy. Throughout, students build analytical tools to evaluate efficiency, equity and the impact of policy decisions on firms and society.
To reinforce these concepts, the course integrates real-world case studies, data analysis exercises and policy debates, giving students hands-on experience with economic modeling and quantitative techniques. By applying theory to current events and empirical data, learners develop the critical thinking skills necessary to interpret economic trends, forecast outcomes and advise on business or public policy decisions.
Admission Requirements
When considering enrollment in the Principle of Economics Course, prospective students should be aware of the specific admission requirements designed to ensure a successful and enriching educational experience.
This course has been approved by PTIRU.
Language Requirements
• IELTS: 6
• Duolingo: 95
• TOEFL (IBT): 75
• Cambridge: FCE
• CELPIP: 7
• Cael: 50
• PTE: 46
• Cambridge Linguaskill: B2 Level
• LanguageCert Academic: B2 Level
• Michigan English Test: B2 Level
• iTEP Academic: 3.5
• EIKEN: Grade Pre-1
• SELC: EAP Level 3 – minimum grade of 75%
Other Admission Requirements
- Proof of Canadian citizenship or permanent residency for domestic students
- Applicants must be 18 years of age or older and have completed high school studies and/or commencement of post-secondary studies OR have achieved MATURE STUDENT STATUS: 19 years of age, out of secondary school for a minimum of 1 year with program industry experience minimum of 100 hours.
Learn & Earn
