SiMON FRASER UNIVERSITY
MEMORANDUM
S
o
SENATE
From
SENATE COMMITTEE ON UNDERGRADUATE STUDIES
Subject. . .
Date..
• 198.
Action undertaken by the Senate Committee on Undergraduate Studies
at its meeting of November 30, 1982 gives rise to the following motion:-
MOTION:
"That Senate approve and recommend approval to the Board of
Governors, as set forth in S.83- 3 the proposed
1) change in lower division requirements (Economics major program)
ii)
change in lower division requirements (Economics honours program)
iii)
change in upper division requirements joint honours
0
iv) Change in upper division requirements Economics honours
v)
New courses - ECON 208-3 - History of Economic Thought
ECON 409-3 - Selected Topics in Economic Thought
with deletion of
ECON 208-5 - Development of Economic Thought
vi)
New courses - ECON 402-3 - Advanced Topics in Microeconomics
ECON 403-3 - Advanced Topics in Macroeocomics
with deletion of
ECON 401-5 - Advanced Economic Theory"
FOR INFORMATION:
Acting under delegated authority at its meeting of November 30, 1982
the Senate Committee on Undergraduate Studies approved
Ghb.tyU
including
i)
change in description ECON 100-3 - Introduction to Economics
ii)
change of prerequisite ECON 301-5 - Intermediate Microeconomic
Theory
iii)
change of vector and of description ECON 362-4 - Economics
of Natural Resources
iv)
change of prerequisite ECON 367-3 - Transportation
UNDERGRADUATE CURRICULUM.
-
I
0 - H.
DEPARTMENT OF ECONOMICS
Lower Division Requirements
CHANGE OF REQUIREMENTS
( Economics Major Programs
FROM:
MATH 100-3 Survey of College Mathematics (if B.C.
Grade 12 Algebra (or equivalent) has
not been completed)
•
Any 100 division Economics course
MATH 157-3 Calculus for the Social Sciences I (or
equivalent)
ECON 200-3 Principles of Economics I: Microeconomic
Principles
ECON 205-3 Principles of Economics II:Macroeconomic
Principles
BUS. 221-3 Introduction to Accounting
Any one of
ENGL 101-3 Introduction to Fiction
102-3 Introduction to Poetry
103-3 Introduction to Drama
104-3 Introduction to the Essay
PHIL 001-3 Critical Thinking
110-3 Introduction to Philosophical Concepts
and Reasoning
.
NOTE: BUEC 332-3 Elementary Economics and Business
Statistics I should be taken in Lower Levels by
students planning to complete a Joint Major in
Business Administration and Economics.
TO:
- MATH 100-3 Survey of College Mathematics (if B.C.
Grade 12 Algebra (or equivalent) has
not been completed)
Any 100 division Economics course
MATH 157-3 Calculus for the Social Sciences I (or
equivalent)
ECON 200-3 Principles of Economics I: Microeconomic
Principles
ECON 205-3 Principles of Economics II:Macroeconomic
Principles
Any one of
•
ENGL 101-3 Introduction to Fiction
102-3 Introduction to Poetry
103-3 Introduction to Drama
104-3 Introduction to the Essay
PHIL 001-3 Critical Thinking
110-3 Introduction to Philosophical Concepts
•
and Reasoning
NOTE: BUEC 332-3 Elementary Economics and Business
Statistics I should be taken in Lower Levels by
students planning to complete a Joint Major in
Business Administration and Economics.
UNDERGRADUATE CURRICULUM
/
DEPARTMENT OF ECONOMICS
RATIONALE:
BUS 221-3, Introduction to Accounting, is n
longer in the Faculty of Business Administra-
tion undergraduate curriculum. The new
introducbr)' accounting course BUS 251-3,
Financial Accounting I, is not deemed neces-
sary for Economics major and honors students.
p. 37 Lower Division Requirements CHANGE OF REQUIREMENTS
(Economics Honors Program)
FROM:
ECON 150-3 History of Economic Development
(A) and
152-3 History of Economic Development (B)
or
ECON 351-5 Economic History of Europe, or
ECON 353-5 Economic History of Canada
TO:
Any two of:
ECON 150-3 History of Economic Development (A)
ECON 152-3 History of Economic Development (B)
ECON 208-3 History of Economic Thought
or
Any one of:
ECON 351-5 Economic History of Europe
ECON 353-5 Economic History of Canada
ECON 409-3 Selected Topics in Economic Thought
RATIONALE:
The addition of two Economic Thought, courses as
alternate honors requirements permits greater flexi-
bility within the Honors Program. It also provides
honors students with the opportunity to gain fami-
liarity with contributors to the history of economic
thought.
0
p.
3
' A Upper Division
RC(1U I
rome ri t
S
Joint Honors
U
N
IllRGAOtJA[j CUNR I CULUI.I
DEPARTMENT OF ECONOMICS
CH
ANGE
-
01'
REQUIREMENT"-
FROM:
[CON 301-5
305-5
310-3
331-5
401-5
and
Intermediate 11
i
croecono,iijC Theory
I
ntermediate
Mac
roeconomic Theory
Money and Banking
Introduction La Ma Lhcu,a I ical Lcoiiorrtjc
Advanced [COnOrFIIC Theory
C
a
o
t
u
l
r
e
se
a
.
st one additional 600 d1jj
[conomjc
ECON 301-5
lntermectjite Microecon
i
j Theory
305-5 Intermediate M
a
c
r
oeconomic Theory
310-3
Money and Banking
402-
331-5
3
-
A
I
ntdvarodUnceLtd i011
Topitcs
o Min
a
(thlicremoeacoticanl o£,icoijc'r;
,omic.
403-3 Advanced Topics in Mac roec:nrso,ni c
IffiTIO
RA
-
LE
:
[CON 401••5,
the
advanced theory course
formerly required of honors Students has been
dropped from the curriculum. It will be re--
P111ce(I by ICON .
402-3
and 403-3, AdVJI,CC(J
Topics in Micro and t4acroeconoriijcs respectively.
The requirement of both these courses will
enhance the Student knowledge of core theory
areas.
TO:
.
r
LJNIWI(;RAIjfl{ II CURR I c;tjitni
DEPARTMENT OF ECONOMICS
S
p. 33A Upper Division Requirements chAncE Or RLQUL
Economic Honors
FROM:
[CON 301-5
305-5
310-3
331-5
401-5
[MLNTS
Intermediate Microeccjno,i,ic Theory
Intermediate Macroeconomic Theory
Money and Banking
Introduction to Mathematical
Economics
Advanced
Economic Theory
and
BUEC 332-3 Elementary Economic and Business
Statistics I
333-3 Elementary Economic and Business
Statistics II
and
at least two additional 400 division Economics
courses.
TO:
(CON 301-5
30-5
310-3
331-5
402-3
403-3
Intermediate Microecononiic Theory
Intermediate Macroeconomic Theory
Money and Bankino
Introduction to Mathematical Economics
Advanced 1oi,jc in Microc,conouijcs
Advanced Topics in Macroeconomics
a nd
BUEC 332-3 Elementary Economic and Business
Statistics I
333-3 Elementary Economic and Business
Statistics II
and
at least one additional 400 division Economics
Course.
S
I
0•
UNDERGRADUATE CURRICULUM
Department of Economics
CHANGE IN CALENDAR DESCRIPTION:
ECON 100-3 Introduction to Economics (2-1-0)
FROM:
The elementary theoretçial principles
of economics discussed in relation to the
present-day institutional framework.
Emphasis will be placed on the relevance
of economic analysis to the conduct of
public and business affairs.
TO:
A preliminary approach designed to
familiarize students with economic issues,
economic theory, and methods of economic
analysis. The focus will vary from semester
to semester.
RATIONALE:
To permit the course to retain its
'empty box
.
' character while better reflecting
faculty interests. To provide a lowcr level
course which may also be taught by visiting
faculty.
0
CURRICULUM CHANGES
ECONOMICS MAJOR PROGRAM
NEW COURSE PROPOSAL
ECON 208-3 History. of Economic Thought
PATTflNM r•
To permit a larger number of our students
(and non-majors) to obtain a fundamental back-
ground in the history of economic thought.
Further, our honours students would be encour-
aged to gain some familiarity with mercantilist
writers, Smith, Ricardo, Malthus, Marx, Marshall,
Keynes and other contributors of the history of
economic thought.
NEW COURSE PROPOSAL
ECON 409-3 Selected Topics in Economic Thought
IATTflNLI
•
• The addition of an advanced course would
allow for more specific and directed studies
of particular schools of economic thought or
topics. The department will also be able to
offer the course in conjunction with ECON 809-4.
C
DELETION OF EXISTING COURSE Econ 308-5 Development of Economic
Thought
RATIONALE:
The course will be divided into two parts
as above - a survey course and an advanced studies
course. This will both better serve our students.
and conform to existing faculty interests. The
shift to two three-credit courses will increase
departmental scheduling flexibility.
is
0
I
CURRICULUM CHANGES
ECONOMICS MAJOR PROGRAM
CHANGE OF PRE-REQUISITE:
ECON 301-5 Intermediate Microeconomic
Theory (3-2-0)
FROM:
ECON 200-3; 60 credit hours
TO:
ECON 200-3 and 205-3; 60 credit hours
ECON 305-5 Intermediate Macroeconomic
Theory
(3-2-0)
FROM:
ECON205-3; 60 credit hours
S
TO:
ECON 200-3 and 205-3; 60 credit hours
RATIONALE:
These courses are core theory courses
at the upper level, required of all majors.
Students who have taken only one of the
lower level principles courses as presently
allowed are ill-prepared for the rigorous
nature of the three hundred level courses.
This proposal is an attempt to ensure that
all students have a basic background in
economics principles prior to attempting
the intermediate theory.
UNDERGRADUATE CURRICULUM
DEPARTMENT OF ECONOMICS
L
p. 151 ECON 362-4 Economics of Natural Resources
Cl-IANC1E'OF VECTOR
FROM: 2-2-0
TO:
4-0-0
CHANGE OF DESCRIPTION
FROM:
The characteristics of resource industries;
analysis of efficient management practice
public policy considerations in respect of
development and conservation; benefit-cost
analysis.
TO:
Application of economic analysis to
natural
management
resource
practice;
problems
public
and
policy
efficient
0
considerations in respect of development
and conservation; benefit-cost analysis.
RATIONALE:
To update calendar description and vector
so that they properly reflect current teaching
practices.
.
UNDERGRADUATE CURRICULUM
DEPARTMENT OF ECONOMICS
P. 151
ECON 367-3 Transportation CHANGE OF PREREQUISITES
FROM:
ECON 200-3; 60 credit hours.
Students with credit for ECON/COMM 368-5 may
not take this course for further credit.
Ifel
ECON 200-3 and 205-3; 60 credit hours.
Students with credit for ECON/COMM 368-5 may
not take this course for further credit.
sQ_l__
G
RATIONALE:
This proposal is an attempt to ensure that
all students have a basic background in economics
principles prior to attempting the intermediate
courses.
.
C U R R I C U L U •M
CHANGES
ECONOMICS PROGRAM
.
NEW COURSE PROPOSAL
ECON 402-3 Advanced Topics in Microeconomics
RATIONALE:
NEW COURSE PROPOSAL
The splitting of ECON 401-5 will enable
students to take 1 course in advanced micro
and 1 in advanced macroeconomic theory. At
the present time, despite the fact that course
focus varies from semester to semester, stu-
dents are prohibited from doing this. In
particular, the exposure to both areas will
enhance the honors program.
Sw
ECON 403-3 Advanced Topics in Macroeconomics
RATIONALE:
As for ECON 402-3.
s e.e
DELETION OF EXISTING COURSE ECON 401-5 Advanced Economic Theory
RATIONALE:
The course will be split into two parts
as above - one in advanced micro and one in
advanced macro theory. This will better
serve both student and faculty interests and
provide honors students with a more compre-
hensive background of advanced theory. As
well, the shift to two three-credit courses
will increase scheduling flexibility.
0
-
SENATE COMMITTEE ON UNDERGRADUATE STUDIES
NEW COURSE PROPOSAL FORM
- . Calendar Information
Department
Economics
Abbreviation Code: ECON
Course Number:
208
Credit Hours:
3 Vector: 210
Title of Course: History of Economic Thought
Calendar Description of Course: A study of the evolution of the main concepts of economic
theory. Attention will be given to the relationship between doctrines and the economic,
political and social environment in which they developed.
Nature of Course lecture/tutorial
Prerequisites (or special instructions):
Students with credit for ECON 308 or ECON 408 may not take this
course, or further credit.
What course (courses)
, if any,
is
being dropped from the calendar if this course is
approved:
ECON 308-5
2.
Scheduling
How frequently will the course be offered? Once a year
Semester in which the course will first be offered? Fall 1983
Which of your present faculty would be available to make the proposed offering
possible?
Lebowitz
3.
Objectives of the Course
S
Permit students to obtain a fundamental background in the history of e:onomic
thought.
4. Budgetary and Space Requirements (for information only)
What additional resources will be required in the following areas:
Faculty
None
Staff
Library
Audio Visual
Space
Equipment
U
5. Approval
Date:
October 21/82
Depar en Chairman
vcr.1(o/cc
V. C,
Dean
Chairman, SCUS
SCtJS 73-34b:- (When completing this form, for instructions see Memorandum SCUS 73-34a.
S
ach course outline).
:s78-3
SIMON FRASER UNIVERSITY
Department of Economics
ECON 208-3 HISTORY OF ECONOMIC THOUGHT
SEMESTER: Fall 1983
INSTRUCTOR: M. Lebowitz
NO PREREQUISITES
The course will cover the major highlights in the history of economic
analysis with some emphasis upon the economic, social, and political envi-
ronment which gave rise to new developments and their relevance, when
appropriate, for current issues.
The main areas are as follows:
1.
A cursory sketch of types of pre-classical economics.
2.
The English classical economists, particularly Smith, Ricardo,
Malthus and J.S. Mill.
3.
Marx's economics and a bit of Lenin.
4.
The marginal revolution and contemporary applied economics.
5.
Keynes' economics in historical perspective.
There will be a midterm, a term paper and a final examination.
TEXTBOOKS:
J. Schumpeter, Ten Great Economists
A. Marshall, Principles of Economics
** TUTORIALS WILL NOT BE HELD DURING THE FIRST WEEK OF CLASSES
**
S
0
-
SENATE COMMITTEE ON UNDERGRADUATE STUDIES
t1I)(
C
NEW COURSE PROPOSAL FORM
Calendar Information
Department Economics
Abbreviation Code: ECON Course Number: 409
Credit Hours: 3
Vector: 0-3-0
Title of Course: Selected Topics in Economic Thought
Calendar Description of Course:
Consideration of particular economic theorists,
schools of thought or themes in economic thought. Focus will vary
from semester to semester.
Nature of Course
Seminar
Prerequisites (or special instructions):
ECON 301 and 305, or permission of the Department; 60 credit hours..
What course (courses), if any, is being dropped from the calendar if this course is
approved:
None
2. Scheduling
How frequently will the course be offered?
Once a year
Semester in which the course will first be offered? Spring 1984
Which of your present faculty would be available to make the proposed offering
possible?
Boland, Lebowitz
3.
Objectives of the Course
.
To
permit
students or faculty to explore in detail particular
economists or themes in economic thought.
4.
Budgetary and Space Requirements (for information only)
What additional resources will be required in the following areas:
Faculty
None
Staff
Library
It
Audio Visual
Space
Equipment
5. Approval
Date:
October 21/82
De
Ø rtme
nt
Chairman
t\J
0
. -^ .
1 ( ' 0
/
r
'
6 --^
lac-z "tw-"
Dean
Chairman, SCUS
SCUS 73-34b:- (When completing this form, for instructions see Memorandum SCUS 73-34a.
ch
course outline).
s 78-3
SIMON FRASER UNIVERSITY
Faculty of Business Administration
Department of Economics
ECON 409-3 SELECTED TOPICS IN ECONOMIC THOUGHT
HISTORY OF ECONOMIC THOUGHT SINCE 1870
SEMESTER: Spring 1984
INSTRUCTOR: L.A. Boland
PREREQUISITES: ECON 301 and 305 with a minimum grade of C-, or
permission of the Department; 60 credit hours.
This course has two objectives: (1) to examine the history of Keynesian
economics; and (2) to examine how anyone approaches the examination of
the history of any school of economics.
This course is primarily a seminar (there will be no lectures). It will
consist of a series of student presentations of assigned material.
Grading will be based on the in-cl
a
ss presentations, one term paper,
and a take-home final exam.
TEXTBOOKS:
J.M. Keynes, General Theory of Employment, Interest and Money
J. Schumpeter, Ten Great Economists
SMOKING IS NOT PERMITTED IN THIS CLASS
0
Calendar Information
Abbreviation Code:
ECON
Course Number:
402
Department
ECONOMICS
Credit Hours: 3
Vector: 0-3-0
o
SENATE COMMITTEE ON UNDERGRADUATE STUDIES
€r%
J)(
14
NEW COURSE PROPOSAL FORM
Title of Course:
ADVANCED TOPICS IN MICROECONOMICS
Calendar Description of Course:
The course covers a series of topics of a more technical nature than
those developed in Economics 301. The topics include demand, supply,
general equilibrium, and applied welfare measures.
Nature of Course
ADVANCED THEORY SEMINAR
Prerequisites (or special instructions):
ECON 301
and
305,
MATH
157 or
151
with minimum grades of C-; 60 credit hours.
What course (courses), if any, is being dropped from the calendar if this course is
approved:
ECON 401-5
2. Scheduling
How frequently will the course be offered?
Twice per year
Semester in
which the course will first be offered?
Fall,
1983
Which of your present faculty would be available to make the proposed offering
possible? T. Borcherding, D. DeVoretz, S. Easton, C. Hall
3. Objectives of the Course
To permit students to explore advanced theory in the area of microeconomics.
4.
Budgetary and Space Requirements (for information only)
What additional resources will be required in the following areas:
Faculty
Staff
Library
None
Audio Visual
Space
Equipment
5. Approval
Date:
TV
De
4 art me n
t
Chairman
Dean
Chairman, SCUS
SCUS 73-34b:- (When completing this form, for instructions see Memorandum SCUS 73-34a.
ach course outline).
. .s 78-3
SIMON
F R A S E R UNIVERSITY
Department of Economics
.
ECON 402-3 - TOPICS IN MICROECONOMICS
SEMESTER: Fall 1983
INSTRUCTOR: Chris Hall
PREREQUISITES: ECON 301 and 305, MATH 157 or 151 with minimum
grades of C-; 60 credit hours.
CONTENT:
The course is designed to expose students to the use of choice
theory in explaining behavior. A diverse selection of topics
will be discussed ranging from controlled experiments designed to test the
postulate of substitution, to analysis of the marriage contract, to theories
of fraud. The motivation for selecting such diverse topics is to demonstrate
the general nature of economic propositions, and simply to whet the intellec-
tual appetilte.
GRADES:
Grades will be determined by two examinations and/or a paper.
The paper is optional and may substitute for an exam as negotiated
on an individual basis.
TEXTBOOK:
Armen A. Aichian, Economic Forces at Work, (Liberty Press), first
edition, 1977.
There will also be approximately 12 articles assigned in addition to the reading
from Aichian.
**
TUTORIALS WILL NOT BE HELD DURING THE FIRST WEEK OF CLASSES **
0
SENATE COMMITTEE ON UNDERGRADUATE STUDIES )
I
NEW COURSE PROPOSAL
PORN
Calendar Information
Department
ECONOMICS
S
Abbreviation Code: ECON
Course Number: 403-.
Credit Hours: 3
Vector: 0-3-0
Title of Course: ADVANCED TOPICS IN MACROECONOMICS
Calendar Description of Course:
The course covers a series of topics of a more technical nature than
those developed in Economics 305 and 310. The topics include a treat-
ment of rational expectations, the welfare costs of inflationary finance,
theories of unemployment and inflation.
Nature of Course ADVANCED
THEORY SEMINAR
Prerequisites (or special instructions): ECON 301
and
305, MATH 157 or 151
with minimum grades of
C-; 60
credit
hours.
What course (courses), if any, is being dropped from the calendar if this course is
approved:
ECON 401-5
2. Scheduling
How frequently will the course be offered? Twice per year
Semester in which the course will first be offered? Fall, 1983
Which of your present faculty would be available to make the proposed offering
possible?
S. Easton,
P.
Kennedy, J. McCallum
3.
Objectives of the Course
5
To allow
students to explore advanced theory in the area of macroeconomics.
4.
Budgetary and Space Requirements (for information only)
What additional resources will be required in the following areas:
Faculty
Staff
Library
None
Audio Visual
Space
Equipment
5.
Approval
Date:
A
-
De^# tm^r
i
it
—
chairm
Dean
Chairman, SCUS
SCUS 73-34b:- (When completing this form, for instructions see Memorandum SCUS 73-34a.
0
ach course outline).
.3
78-3
SIMON FRASER UNIVERSITY
Department of Economics
ECON 403-3 ADVANCED TOPICS IN MACROECONOMICS
SEMESTER: Fall 1983
INSTRUCTOR: John McCallum
PREREQUISITES: ECON 301 and 305, MATH 157 or 151 with minimum grade of C-;
60 credit hours.
The course will deal with three general topics: post-Keynesian economics,
welfare economics, and miscellaneous. The objective is to cover areas of
economic theory that are usually omitted or passed over quickly in other
courses. Throughout the course, emphasis will be on a critical evaluation
of the readings, with an attempt to isolate the key issues distinguishing
the theory contained in the readings from other approaches.
TEXTS:
There
Alfred
are two
S.
required
Eichner (ed.),
texts:
A Guide to Post-Keynesian Economics.
S
J. de V. Graaf, Theoretical Welfare Economics.
These will be the major sources for the first two general topics.
In the miscellaneous category, the course will cover about ten different
articles.
GRADES:
The final grade will be based on two mid-term texts, participation in
discussion, and a final exam.
0
