NEW ECO101H1 and ECO102H1 COURSES
Starting in the May-August 2017 summer semester, the Department of Economics St George, will split the full year 1.0 FCE course ECO100Y1 – Introduction to Economics into two half year 0.5 FCE courses: ECO101H1 – Principles of Microeconomics and ECO102H1 – Principles of Macroeconomics.
ECO101H1 and ECO102H1 Course Description:.
ECO 101H Principles of Microeconomics
An introduction to economic analysis and its applications: price determination, market structure, decision making by individuals and firms, public policy. NOTE: extensive use of graphical and quantitative analysis.
Recommended Preparation:
MCV4U (Calculus & Vectors) and MHF4U (Advanced Functions), or equivalent secondary school mathematics credits
ECO 102H Principles of Macroeconomics
An introduction to economic analysis and its applications from a macroeconomic (economy-wide) perspective. Topics covered include international trade and finance, role of money and the banking system, monetary and fiscal policy. Note: graphical and quantitative analysis are used extensively.
Recommended Preparation:
MCV4U (Calculus & Vectors) and MHF4U (Advanced Functions), or equivalent secondary school mathematics credits
ECO101H is a prerequisite for ECO102H
Students must achieve 63% in each of the half courses in order to gain entry into the Economics Major and Minor programs, and the Minor in Environmental Economics (hence the old ECO100Y1 with 67% will be replaced with ECO101H with 63% and ECO102H with 63%).
*Please note new St. George Economic exclusion to ECO100Y5:
ECO100Y5
Exclusion: ECO100Y1/(101H1 (63%) and 102H1 (63%))
More information about ECO101H1 and ECO102H1 is avaialbe at:
https://www.economics.utoronto.ca/index.php/index/undergraduate/faq