Economics is a social science devoted to the study of scarcity, and how individuals, organizations, and governments make choices. The discipline’s guiding principle is found in the idea that all of these choices can most usefully be seen as decisions to allocate scarce resources across a range of competing uses. This single principle is always in play, and leads economists to study a very wide array of social questions.
In Economics 1020, Principles of Economics, you will be exposed to the use of this basic principle and the analytical tools that go with it in both the microeconomic and macroeconomic realm. The first of these (micro) refers to the study of choices made by individuals and/or individual firms, and how these decisions interact in markets. The macro segment of the course then looks at how this principle allows us to better understand the behavior of the economy in the aggregate. This leads to the study of unemployment, inflation, government budgets and international trade balances. This course then provides the basis for all of the more senior – and more specialized – courses offered by the Department.
These courses are intended as guidelines. Speak to your guidance counsellor to see what courses are offered at your school.
Grade 12 English (ENG4U)
Grade 12 Advanced Functions
Additional credits are required.
Deadlines:
Application Deadline
Start Date
January 16, 2013
* The entrance grade may change from year to year. Please contact the school for further information.
* We make every attempt to provide accurate information on prerequisites, programs, and tuition. However, this information is subject to change without notice and we highly recommend that you contact the school to confirm important information before applying.
