SiMON FRASER UNIVERSITY
?
MEMORANDUM
Senate.
........... ... ........... .. .... ... . ... ... . ....... .From..
Office of the Dean ... ofGraduateStudies
Graduate Curriculum Changes - Depart-
Subject
nient of Economics- Ne.Course79
.
9
and
the Division of former ECON 800 into
Date.
?
.
?
January 30, 1981
MOTION: ?
"That Senate approve and recommend approval to
the Board of Governors, as set forth in S.81-51,
revised admission requirements for the M.A. and
Ph.D. programs; revised degree requirements for
the N.A. and Ph.D. programs; new course proposals:
ECON 799-4, 802-3, 803-3; change of number and
description for ECON 804-4; and deletion of ECON
800-4."
These changes were approved by the Senate Graduate Studies
Committee on January 26, 1981.
Bryan P. Beirne
Dean of Graduate Studies
/bj r
attachs.
S
S
SiMON FRASER UNIVERSITY
MEMORANDUM
Ms. M. McGinn,
Asst.Regis tra
?
From
?
Sheila Roberts, .SecretarY
?
..............
Graduate Studies
?
Faculty ... o
.
f .ArtsGr.duate$d.......
C.Qn1
I ttee
Subject ?
Curricu..urn!!ges .- Econo..cs
?
Date...... 1980
.
-.2
.
-..0 ?
..................................................................
The Faculty of Arts Graduate Studies Committee at its meeting
of November 13,
1980
approved the curriculum changes submitted by the
department of Economics. Would you please place the same on the agenda
of the next Executive Committee of the Senate Graduate Studies Committee.
Thank you.
4
SSP
Rol
brts
Its
Attachment
•
0
FROM: ?
"University admission requirementa are given in
U
the General Regulations section In addition, for clear
admission, the applicant must hold a Bachelor's degree
with honors in Business Administration or Economics,
or must complete additional work to, that standard.
Normally, the Graduate Admissions Committee will
specify the appropriate additional requirements at the
time of admission." .
DEPARTMENT OF ECONOMICS
M.A. Program
P
.
111 ADMISSION REQUIREMENTS
TO:
M.A. Program
?
.
?
...
......Admission Requirements
"University admission requirements are given in
the General Regulations section. In addition, the
department requires that for clear admission the
applicant must. hold a Bachelor's degree with honors
in Economics or
.
Business Administration, or must
complete additional work to that standard. Normally,
the Graduate Admissions committee will specify the
appropriate additional requirements at the time of
• ?
. .
?
admission.".'
RATIONALE ?
.
?
. .
?
.
Editorial*
.
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P
.
111 &J12* DEGREE REQUIREMENTS ' FROM:
? . ..
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..... . •.
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..
The MA. Program
allows three options
a) The
Thesis
Option, Five graduate courses and an ongmal thesis
b).Tbe Extended Essay Option: Seven: graduate courses
and
two extended
•i. ?
........ ?
.; '...
?
. ............•..
c) The
Project Qpton
Nine
graduate
courses and a research project..
Normally. every M.A. Program will Intlude the following: ......
1. Core Course work (12 credits)..
Students must satisfy the Graduate Studies Committee that they have
achieved a satisfactory level of competency in microeconomic theoiy,
macroeconomic theory, quantitative methods and mathematical econom-
ics. Except where students have successfully undertakes equivalent work at I
• ' '• the undergraduate level or in graduatc work at another university,' the
requirements regarding mtcroeconomic
and
macroeconomic theory will be
met by cumpicting one of the graduate courses ECON 800.4 or 801-4 and
one of
I
CON 8054 or 806-4, the requirement regarding quantitative meth-
ads will be met by completing the graduate course ECON 8354 and the
requirement regarding mathematical economics will be met by completing.
the undergraduate course ECON 3315 (no graduate credit). Since the latter
co'irse is a prerequisite to
all
required graduate courses, incoming graduate
students normally are required to enrol in it i
.
9 their first term, or to pass a
?
• ?
.
?
pm-announced screening examination on the-material covered
in
it (Infoi-
?
• ?
. ?
ination on the material currently ëOveed in this course/exam ma
y be
I,
•
.
•
. ?
2.
Ares
Course work
A minimum
or
8 (Thesis Option). .16 (Extended Essay Option), or 24
. ?
.
. ?
(Project Option) additional credits of approved V
a
duate course-work in
•
thi student's area(s) of intcrest.
, ?
•
C
•
.
?
3. Evidence of Research and Writing Ability
?
.
This requirement is met by the satisfactory completion of one thesis.
tWo'-
.
S
?
extended essays or one research project. The form
of
these research papers
•
must meet the standards set out in the
Genertr!Rq.Iat1onssection.
-
4
An
Ond
Examination ?
.
. ?
•• ?
:. . ?
.
An oral examination covering the studen:s written research, In particular,
and prograzs, in general.
as
outlined in the
Genervil
ReguIa11or,
section h
?
:
0
rcqwred.
.
S. ECQN OO Research Workshop ?
. . ?
. ?
. ?
•.
This is a required course for all students who are on campus ajzd registering'
in ECON 898 (thesis).
?
.. .
. ?
..
..
TO: ?
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?
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?
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?
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?
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Degree Requirements
The M.A. Program allows, three options:
•
-
?
.
?
.
a)
The Thesis Option:
Core work plus two graduate
courses and an original
thesis;
b)
The
Extended Essay Option: Core work plus four
graduate courses and two extended essays;
.
• ,•
?
.
?
.
?
. ?
c) The
courses
Project
and a
Option:
research
Core
project.
work plus five graduate
?
(
Normally,
every M.A.'. Program will include
the
following:
?
. ? . ?
.
1. ?
Core Course Work
?
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0
Students must satisfy the Department that they have
achieved
a
satisfactory level
of
competence in micro—
economic
theory, macroeàonomio theory, quantitative
-methods and mathematical economics.
?
Except where
students have successfully undertaken equivalent work
at the undergraduate level
or
in graduate work
at
another univerty, the requirements regarding micro-
economics
will be
met by
completing either
ECON 803
and ECON
803-3,
or ECON 80
1
4. ?
Students with an
inadequate background in microeconomics
will be re-
quired XP-take ECON 799-
?
(no graduate credit).
?
There
will
be a
preannouitced
.
screening examination for
new
students wishing to
register
for ECON 80-3.
?
The
requirement regarding macroeconomics will be
met
by
completing either
ECON 805-4 or ECON 806-4.
?
The
•
requirement regarding mathematical economics will be
• ?
•
?
met by completing the
undergraduate
course ECON 331-5
•
•
• ?
• ?
(no graduate credit).
?
Since the latter course is a
?
(
•
•
?
•
?
prerequisite
to
all required
graduate courses, incoming
•
graduate students normally are required to enrol
in it
?
-
in their first term, or to
pass
a
p
reannounced screening
• ?
examination on the matérial covered
in it.
•
(Information
• ?
on
the material currently covered in this: course/exam
may be obtained directly from the Department.) The
quantative methods requirement will be met by completing
ECON 835-4 or ECON 837-4.
2.
Area Course Work
A minimum of eight (Thesis option) sixten (Extended
Essay option), -or twenty (Project Option) additional
•
?
credits of approved graduate course work in the
• ?
student's area(s) of interest.
3.
Evidence of Research and Writing Ability met by
satisfactory completion of one thesis, two extended
essays or one research project.
The form
of these
research papers must meet the standards set Out in
the General Regulations section.
• 4.
An Oral Examination covering the student's written
?
?
• ?
research, in particular, and program, in general,
as outlined In the General Regulations section.
•
•
?
5.
all
ECON
students
900 (Research
who are
Workshop)
.on campus
is
and
required
registering
course
in
for
ECON 898 (thesis).
?
RATIONALE: ?
.•
The change in required hours for the three options
are a result of increasing the required hours, and
therefore decreasing the coursework
which
students
must complete outside the core. The number of
• ?
required courses is the same, however, the hours
•
?
have been increased by 2, because of the change.
in the inicroeconomjc courses.
• The Department has initiated the changes to the
microeconotnic courses because of their desire to
- the amount of microeconomic theory received
by its students. It has been found that one four
hour course is insufficient to provide graduate
s.tu4ents with an adequate coverage of this field.
•
?
The screening examination for ECON 802-3 has been
added because it has been the Depaitment's experience
• ?
that incoming graduate students have remarkably
diverse backgrounds in. microeconomics. The..new
• non-credit course s propos'ed for those students
whose background is inadequate for graduate level
work in this area. The Department does not feel
that any single undergraduate course is appropriate
for these students.
? •
?
•
p
.
112-414 Ph.D Program
t.
page ?
I
(
FROM:
For admission requirements, rater
to In addltlbn,
core
core
course-work
transferred
(or
in
c'ondt!'
the
clear
areas
and
core
admission
credit
BA
areas
must
into
normall
Honors
requirements
the
'be
equivalent
the
Ph.D.
y
met
required
will
applicant
by
program
to
taking
be
ECON
for
required
for
the
must
the
the
(Eons
8004
MA.
appropriate
Ph.D.
hold
for
80$4,
(a
the
such
an
In
total
óàrtain
MA.
MA
and
it
couren(s)
or
Ph.D.
prog.-n
830-4
deg
60
cases,
rcredit,
e
prograut,
Any
e
with
In
after
atudanti
deflsncy
addItià
o(coune-wo,k
graduate
meeting
may
to
in
work'
the
she
the'
be
TO: ?
.
For admission requirements, refer to General
Regulations section. In additions, for clear
?
-
admission 'the Department requires an M.A. degree with
graduate work in the core areas equivalent to ECON
802-3 and ECON
803-3,ECON 805-4, and
ECON 835-4,
Any deficiency in the core areas must be met by taking
appropriate course(s) in. addition to the course wox',
normally required for the Ph.D. Subject, to the
approval of the Graduate Program Chairman, a
preannounced screening examination will normally
be given at the beginning of
.
each. semester to
determine any deficiency. In certain, cases, students.
may be transferred into' the Ph.D program from the
LA. program after meeting the core and credit
requirements for the M.A. (a total of sixty
credits. of course work beyond the B. A. Honors
will be required for such 'a Ph.D program.)
RATIONALE: See
M.
A. program changes.
.
Degree Requirements
FROM: ?
,
Degree Requirements
The PhD. Program allows specialization in economics, economics and busi,
program
ness administration,
will include the
or economics
following:
and a 'related field. Normally,
every
Ph.D.
I. Successful performance in approved courses amounting
to
a total of at
least 30 semester hours credit beyond the requirements listed above for Ih'
M.A. in ecQnOmjcs. Students specializing in Economics rnuc include ECO
9014. and 806-4 as part of this toiirse.work.
These courses will not bc
required for students specializing in Economics and Business Admhiistra.
tion but may be rcquircd fur students specialii.ing in Economics and a
related field depending
on the
relationship of that field to theoretical eco-
nomics and 'he judgment of the siudent s Supervisory Committee
P.112-114 Ph.D Program cont.
Other courses 'may be drawn from those normally offered at the graduate
level by this or other related departments. Normally, a student must take at
• least 20 credits of regularly scheduled course-work within the School;
excCptiots to bu rule must be apjroved by the student's Supervisory
Comm ittec and the Graduate Studies Committee.-
2.. Successful performance in written qualifying examinations. Students sped-
alizingin Economics must write qualifying examinations in economict
theory and one other Major field
in Economics. liaddition,
students speci -
alizing in Economics 'must complete a Minor field either by taking two
courses (other than Readings courses) successfully or qualifying exanuna-
lion in the Minor
field, The ecoaornictheoiy
qualifying examination will
consist of separate examinations in micro- and macroeconomic theory án4
• usually will encompass
,
the topics and readings covered by
ECON 800, 801,
805. 806 and the "Departmental Economic Theory Reading Guidelines".
Qualifying examinatioz in other fields normally encompass the topics and
• ?
. ?
•.• readings presented in the main courses in those fields and the appropriate
• "Departntental Field Reading Guidelines." The fields in Economics in
-.
?
which courses and qualifying examinations normally are given are ceo-
•
?
' .;nomic theory, econometrics.
international
Comomics,
public economics.
•:', monetary economic, economic history, development economics, regional
• economics, resource economics and labor economics...
Students specializing in Economics and Busi
ness
Administration must
"write qualifying examinations in economic analysis and two other fields
drawn from the
following. aunting, finance,
management science, mar-
keting and organization behaviour. At present regular graduate level
•;,
ouc .
work isofered only for
the accoundn& finance, marketing and;
.ft management science fields, and
such course-work should
be taken as prep-
..• ., aration for qualifying examinations
In
those kids.
Preparation for other
business administration fields should be
on
the basis of directed study and
special course-work
The
qualifying examination in
economi analysis nor-
mally witicover the topics and readings In ECON 80. WS and
835.
.
Arrangements for students specializing in Econoàics
and a related field
..; will be recommended by
the student's Supervisory
Committee and
•
?
approved by the Graduate Studies Committee.
• ?
-",,
.:Qualifying examinations usually will be taken after cothpletion of appro-
priate course-work
and/n, nih..'
nrenaration. but a studónt
ni4
sit for an
• . ?
. ?
examination after the
first semester following
formal: admission to the
Ph.D. Program. This may be done
whether
or not specific courses recom-
•
?
.
?
. ?
.
?
mended by the Graduate
Studies Conunittee
as partial preparation for the
• ?
..
?
. ?
examination have been taken.
?
. .
3.
An original and significant thesis completed by the candidate under super.
vision of faculty members of the School... ?
• ?
.. ?
-
4. ECON 900 research workshop is a required course for all students who are
on campus and registering
ECON 899
(thesis). . .
?
'• . •.. ....
p.
112-114 Ph.D. Program cont'd. -
?
Page. 6
. ?
- ?
...
To:
Degree Requirements
The Ph.D.
Program allows specialization
in(
economics
tion, or
economics
economics
and
and
a related
business
discipline.
adrninis
.
tra-
Normally,
following:
every Ph.D. program
will include
the
l Successful performance in approved courses
• :.. amounting to 'a total of' at least thirty
semester hour credits beyond the require-
ments listed above for the M.A. in economics.
'Students specializing in Economics must
include ECON 804-4, and ECON 806-4 as part
of this course work.
Other
,
coursesniay be drawn from those
normally offered at the graduate level by
•
this or other related departments. Normally)
a student must take at least 20 credits of
regularly Scheduled course work within
this School; exceptions.. to this rule must
be approved by the student's Supervisory
Committee and the. Graduate Studies Committee.
2 Successful performance in written qualifying
examinations.
2.1. Students specializing in Economics must
write qualifying examinations in economic(
theory and' one other field. In addition)
students must complete a field either by
successfullyt taking two courses (other than
Readings courses) 'or a
qualifying examina-
,'tion in: the field'. The economic theory
qualifying examination vii']. consist of
separate examinations in micro- and'macro-
economic theory and will usually encompass
the topics .and 'readings Covered by ECON 802-:
ECON 803-3, 'ECON 8054, ECON 806-4 and the
"School Economic Theory Reading Guidelines."
Qualifying examinations 'in other
fields
normally encompass the topics and readings
presented in the main courses in those
fields and the appropriate "School Field
Reading Guidelines." The fields.in
which
courses and qualifying examinations normally
are 'given .
re economic'theory', econometrics,
financial economics, 'international economics,
public, economics, monetary economics,
economic history,' history 'of economic thought
and methodology, development economics)
regional economics, resource economics,
labour economics, accounting, finance,
management science, marketing and organiz.
tion behaviour. Preparation for-other
• fields' should be on the basis of directed
study and special. course wprk;
/7
2.3.
2.4.
3.
4..
Students specializing in Business. Adrninistra-
.tion and Economics must write a qualifying
examination in economic theory. The theory
examination will cover the topics and guide-
line readings of, either miroeconomjcs
(ECON 802-3 .
and ECON 803-3), or. macroeconomics
(ECON 805-4
and E0N
806-4)..
A student
specializing in Business Administration and
Economics will complete three fields, subject
to the following requirements:
a)
at least two fields will be satisfied
by written examinations
1
and
b)
at least two of the fields will be
drawn from the following: accounting,
finance, management science, marketing
and organization behaviour.
Arrangements for students specializing in
Economics and a related
discipline or
Economics
and
Business
Administration and
a related field will be recommended by the
student's Supervisory 'Committeeand approved
by the Department's Graduate Studies 'Committee.
Qualifying examinations usually will be
taken after completion of appropriate, course
work and/or other preparation. One qualifying
exam in
,
economic theory must be written
within three academic semesters of the
may
beginning
sit' for
of'
an
the
examination
Ph.D. program,
aft'z-
but
the
a
first
studen
t
semester following formal admission to the
Ph. D. Program. This may be done whether or
not specific courses recommended by the
School as partial preparation for, the examina-
tion have been taken.
by
An
the
original
candidate
and significant
under
-
supervision
thesis
of
completed
faculty
.
I
members'of the School.
?
' ?
4;
ECON 900 research workshop is a required
-
course for all students 'who are on campus
and registering ECON 899 (thesis).
?
.
.2.2.
(
...18
LS J
From:
Dissertation Procedures
A) A
Thesis Proposal Seminar should be given
by each cardidate at an early stage in his/
her research program. Each candidate should
produce a written prospectus, make it
available to all interested faculty members
of the School,. and present it on a pre-
announced date in ECON 900. The members of
the candidate's Supervisory Committee should
attend the presentation and they should
• ?
arrange for other interested faculty members
of the School to attend as well. That
Committee, along with the candidate, should
decide on the future course of research on
the thesis, paying due regard to the comments
that they have received.
b)
A Thesis Core and a
Thesis
Seminar should
be presented by each candidate after the
Supervisory Committee has agreed that the
thesis is substantially complete but before
it has formally approved it as ready for a
Thesis Defence. The Thesis Core should be
a
contributions
paper that describes
of the thesis
the
major
(preferably
original
in
a form appropriate for journal submission)
and should be made available to all interested
•
?
• . ?
.
..
.
?
.
?
. . .
members
Committee,
of
in
the
consultation
School. The
with
Graduate
the ôandidat
Studies
and the candidate's Supervisory Committee,
will designate two
other-members
of the
School who may. submit written comments on
•
?
.
?
. ?
. the thesis, thesis core, and/or thesis
seminar to the Supervisory. Committee. The
Supervisory Committee will consider these
comments, as well as those oral and written
comments of the members of the School in
determining whether . additional substantive
work should be done on the thesis or whether
the thesIsmay be submitted for final typing
and approval and being ready for a Thesis
Defence. In the latter case, that committee.
should submit a written report, along with
other written comments to the Graduate
Studies Committee. This should be, completed'
at least two.months before the proposed date
for the Thesis Defence.
?
.
c)
The Thesis Defence. Procedures for this
defence are described in the
General
• ?
• . ?
. Regulations
section.
• . ?
.
?
• ?
. ?
•
ho
D.
11
.
2-114 Ph.D. Program cont'd.
?
Page 10
To:
Dissertation Procedures
A Thesis Proposal Seminar should be given
by each candidate at an early stage in his
research program. Each candidate should
produce a written prospectus, make it avail-
able to all interested members of the Depart-
ment, and present it on .a preannounded date
in.ECON 900. The members of'the candidate's
Supervisory Committee should attend the
presentation and they should arrange for -
other interested members of the Department
to attend as well. That Committee, along
with the candidate, should decide on the
future course of research on the thesis,
paying due regard to the comments that they
have received.
A Thesis Core and a Thesis Seminar should
be presented by each candidate after the
Supervisory Committee has agreed that the
thesis is substantially complete but before
it has l5een.fàrtnally approved as ready for
a Thesis Defence. The Thesis Core should
be a paper that describes the major original
contributions of the thesis (preferably in
a form appro
p
riate for journal submission)
and should be made available to all interes(
members of the Department. The Graduate
Studies Committee, in consultation with the
• candidate and the candidate's Supervisory
Committee,
Will
designate two other members
of the Department who may submit written
comments on the thesis, thesis core, and/or
thesis seminar to the Supervisory Committee.
The Supervisory Committee will consider
these comments, as well as those oral and
written comments of the Department members,
in determining whether additional substan-
tive, work should be done on the thesis or
whether the thesis may besubinitted for
final typing and approval and is'. ready-,.
for a Thesis Defence.
*
In the latter. •
case,
that committee should submit a written
report, along with other written comments,
to the Graduate Studies Committee. This
should be completed at least two months
before the proposed date for the Thesis
Deferide.
c) The Thesis Defence. -. Procedures for this
defence are.described in the
General
0
?
Regulations
section.
a)
b)
S
SIMON FRASER UNIVERSITY
New Graduate Course Pronosal Forts
CALENDAR INFORMATION:
?
.
?
Economics ?
799
4
Dot) rtnient:
?
- ?
Courss lumber:.
Title:
Introduction to Microeconomjc_Theory
Description:_
An
introduction to the neoclassical theory of prices, resource
allocation and distribution.
Credit Hours:_
4 ?
Vector:.
4-0-0 ?
Prerequisite(s) if any?
?
none
ENROLLMENT AND SCHEDULING:
Estimated Enrollment: ?
10 ?
When will the course first he offered:
?
fall 81
How
often
will the course be offered:
once a year -- if necessary
JUSTIFICATION:
Fulfill the need of a graduate level intensive course in elementary
(remedial) microeconomic theory
RESOURCES:
Which Faculty member will normally teach the course:
_numerou
s jg_Borcherdigas ton
, DeVany,.etc)
What are the budgetary implications of mounting the course:
t63e
Are there sufficient Library resources (anoend details):
?
same as 200,301,800,801,,802,401.
Appended: a) Outline of the Course
b) An indication of the com
p
etence of the Faculty member to
g ive the course.
) Library resources
Approved: Departmental Graduate Studies Committee:
Faculty Graduate Studies Cormtttee: ?
-
Faculty:
?
-
_\ 2_c
?
- ?
Date:C?
euate Croduate Studies
Sni t' :
?
D: te
0
PROPOSED OUTLINE FOR ECONOMICS
799-4
1.
Principles of Optimization
2.
Theory of Demand
Production and Costs
4.
Theory of Production
5.
The Firm and its Objective
•
?
6. Market Structure, Pricing and Output
7. General Equilibrium Analysis
.8. Theory of Distribution
9.
Optimization over Time
10.
Uncertainty and the Economics of Information
Possible texts
Baumol, ECONOMIC THEORY AND OPERATIONS ANALYSIS
Layard and Walters, MICRO-ECONOMIC THEORY
S
0
SIMON FRASER UNIVERSITY ?
L(Ui ?
00-4
Graduate Course Pronosal sons
CALENDAR INFORMATION:
Department:
?
Economics
?
Cnur,e
N'.mher:8O23
Title: ?
Mlcroecononilc Theory
?
______
Credit
on
Description:
Special
referenceto
the
f
l ours:
allocation
emphasis
An
3
e
behaviour
_
xamination
of
will,e
resources
'
of
of
placed
Vector:
individual
the
?
0-3-0
economic
on
*
the
households,
implications
theory
Prerequisite(s)
of market
firms,
OJnd
if anv:Econ
andmarkets.
p
'
rices,
i y
idua1
331-5
with
behavioti
STUDENTS WITH CREDIT FOR ECON 800-4 may not take this course for further credits.
ENROLLMENT
AND
SCHEDULING:
Estimated Enrollment:
?
20 ?
When will, the course first he offered:
81-3?
How oft" will the course beoffered:
Onceayear
JUSTIFICATION;
To divide
old 800-4 (which was old 800-5) into two
_se_parate
3-hour courses '(See new Econ
803-3 )
RESOURCES:
L. Boland
•
?
Which Faculty member will normally teach
'
the cours.::
T.
?
orherdiA.beVany_,fl. Devor et
What are the budgetary implications of mounting the' courae:
Mon e.
Are there sufficient Library resources (aonerd details):
Anpended: a) Outline of the Course
?
'
?
' ' '
?
'• ,
?
' ?
' ?
'
S
b) An indication-of the com
p etence of the Pacultym
p mber to
g ive
th
course.
• ?
c) Library resources.
4z or
Approved:
?
eartmental Graduate Studies Committee: '
?
'nate:Lto.
Faulty Graduate Stnudtes.Ccmittee
F:tcul
?
Date:'
t
Craduate Stu,-".-:,s
Lt it t
t
e ?
-
?
i-(flat
Se c.t ?
flat.c:
?
, ?
'
S
•
?
Proposed ?
Econ ?
80t-3 ?
Microeconomic ?
Theory ?
Cours.e
A.
?
Optimization
1.
Neoclassical ?
optimization
2.
Kuhn-Tucker ?
theory
•
?
. . ?
..
• ?
3..
Quasi-concave ?
programming
4
.
.
Duality ? .
5.
Comparative ?
statics.
6.
. Appl,i cat,i:ons
?
..
?
...
?
:.
?
.
a. ?
Utility ?
maximization ?
model..
•
b. ?
Profit ?
maximization ?
model.
C. ?
Indirect
?
utility ?
function
d. ?
Cost
?
function:
?
. ?
.
B. ?
Choice
?
Theory .:
?
.
1 ?
. Orderings ?
and .
preferences,•.
2.
Utility ?
theory ?
. ?
.
?
.
?
.
•. . ?
S
?
• ?
3•
Deman.d ?
theory
4.
Consumer ?
surplus
5.
Revealed ?
preference. ?
. ..
6
Point ?
rationing
7
Time
?
allocation
8
Activity
?
analysis
?
model ?
of
?
consumption
9.
.Intertemporal ?
cho
. i:ce ?
..
?
.
C. ?
Information
?
andUncertainty
• ?
• ?
1.
. NM. uti 1 ity.
?
: ?
•
2.
Decision
?
theory ?
. ?
•• ?
•.
.3.
Stochastic ?
dominance
.....4
...
Ap1•icätions ?
.
?
•
a.
?
Price ?
search ?
. ?
. ?
.
•
.
b.
?
Signalling ?
. ?
• ?
•
?
. ?
•
c.
Prices äsinformation
--
D.. Exchange ?
. ? . ?
. . ?
.
1 .
Excess, demand
?
.
?
.
2. Exchange with fixed supplies
3. Exchange with production
4. Core
5.' Re con tracting
?
.
?
.
?
.
?
.
E. Production and Cost
1.. Theory of production
? .
2. Retu.rns to factors and 'to scale
3 Expansion paths
4 Supply function
5. Cost function
6. Exam
p
les of cost and production' f-unctions
F'. Theory of the Firm
1.
The agency problem
? .
?
.
2.
learn production
.3. If.o.rmatjon within the firm
4.
Sources and limits of returns to' scale.
5.
Contacting in anddut
6 Objectives of the firm
G Competitive Markets
1. Complete information 'model
2. Testable theorems
3. Efficiency
?
.
4. Incomplete information models
a.
Price clearing auction market
b. Quantity' rationing
?
. ?
S
5. Applications
?
. ?
. ?
.
?
.,
a.
Speculative markets.
?
.'
?
.
b.
Service 'industries
?
. ?
.
S
S
S
0
.
'-3-.
N. Market Making
1. Existenceafld'flOfl-eXiteflC
• 2. Contracts and transaction's costs
I. Market makers • • '.
?
• ?
S ? '•
5 ?
-
?
d. ?
•LII(efuIlUIQ''.
?
b. ?
Firms,. ?
' ?
S
?
',
?
S
4 Bid-ask spreads
mis is a uivjsi p
n
o r
rorrner
SIHON FRAF.R ltNIVF.R'.'-'
?
ECON 800-4
Graduate
C,ire
Prono.' J
L
CALENDAR INFORMATION:
?
S
Depnrtnent:
Economics
?
'.,.irPl ?
he:
803-3
Microeconomic Theory
Description
The course sequence to 80..3
,h"h
covers advanced
Micfoeconomic theory on a dynamic and qenral equilibrium basis
Credit Hours:
?
3
?
Vector:
__(1-3-0
?
prerequisite(s) if any:
002-3
STIII)FNTS WITH CRFflIT FOR
800-4 MAYN0LTAKETI- jjCQURSErnR
FII.RTHFR
rREnITS.
ENROLLMENT AND SCHEDULING:
Estimated
Enrollment:
?
20
?
When-will
the course fir-%t
?
offered:
?
82-1
ba, often will the course be offered:
?
Once a year
JUSTIFICATION:
See 80$-3 _(Second __halfoftwo-course seouenCe)
RESOURCES:
Which Faculty
member
will normally teach the coursi:01
?
.Bof
__erd__•ci, DeVany, PeVoretz
What are
the
budgetary
implications of m,untinz the
Are then. sufficient
Lthrnry
resources (aooend
dtiI1
A p pended: ?
a) ?
Outline of the Cour9e
b) ?
An indication ofthe competnrecf
?
r i
nr)'r
to
pive the course.
c) ?
Library resources
Approved ?
nal Graduate Studies
COMM
to
Farultj
(radute Stuoiec Co ?
t
J_nte
- -
_tiar
Graduate ?
Studies Cr
?
tr ?
i
Date:
Son -I te:
•
-
?
-
YLIE(.. ?
-
-
? -4--
Econ 8Ot-3
A. Optimal Pricing
1. Basic theory
2. Examples
3.
Optimal pricing under constraint
4. Examples
B. Capital theory
.1. Time preference
2. Discounting and present value
3. Optimal investment
4. Market equilibrium
5. State preference
6.
Investment under uncertainty
7.
Cost/Benefit
analysis
•
C. Factor Markets
1. Labor supply
2. ?
Investment, ?
risk and profit
3. Factor demand
4. Market equilibrium
5. Rents
6. Income distribution
D. Property Rights
1. Ownership
2.
?
Irnprfect exclusion
3. Public and private goods
4. ?
Coase' ?
theorem
5. ?
Ap?licatjofls
a. ?
Nise
W
b. ?
Fisheries
E. General Equilibrium
I . Basic model
2. Wairas' law
3. Compar.illve Statics
4. EXtenSIOnS
F. Planning
1. Centralized planning
2.
Market planning
C. Welfare Economics
1.
Resource allocation in general equilibrium
2.
Optimal allocation
3.
Ifficiuncy of compet.jtjou
4.
Group decision
.
CHANGE
OF
NUMBER AND DESCRIPTION ONLY
SIMON FRASER UNIVERSITY
Graduate Course Pro
p
osal Form
CALENDAR INFORMATION:
Economics ?
804-4
Department: ?
Course Nwnber:________________
Title:_aflCed topics in Mi
?
economic Theor
2.
Description: Course seguento 80 '-3 and 8O3
which
covers
such topics
as
Equilibrium theory,, Axiomatic Analysis, Stability
Analysis,
Income
distrib
ution D
y
namic Micro. models, and models
of
non-market econmies
Credit
Uaurs:
?
4 ?
Vector:
?
0-4-0 - ?
Prerequisite(s)
if an
y
: ?
& 8033
or equivalents
STUDENTS WITH CREDIT FOR 801-4 MAY NOT TAKETHIS COURSE FOR FURTHER _CREDITS
ENROLLMENT AND ,
SCHEDULING:
Estimated Enrollment:
?
1
0When will the course first he offered:
?
81-3
How often will
the course be offered:
?
once a year
JUSTIFICATION:
A number and description change to accomodate
new802/013 .
course sequence and to provide more direction
as
to
usual
contents.
•
RESOURCES: ?
-
Which
Faculty
member will normally teach
the
course:
Bol
and
?
DeVoretz ,
DeVany
What are the budgetary implications of
mounting the course:
?
none
Are there sufficient Library resources (aoend details): yes
Appended: a) Outline of the Course
b)
An
indication of the ccroetence
of the. Faculty
member to g
ive the course.
)
' Library resources
or
Approved: Danarrmental
Graduate
Studies Cottee:_________________
_
Date:
_________
F:u!ty Graduate
?
tee Comittce:__________________________ Date:
'
-
1'
Facity:_________________
?
-
Date;_________
?
Senate Graduato Studies
Senate'
?
_____
0AitLJ1 I I. At.tt)AJ.l. ?
Ii
1.1 V J..At71 1. 1.
MEMORANDUM
To
............
?
.qrad
u -ate
?
From ?
Bold
............
c.urrcw.un. c
?
i...
?
Grad ,Frormme Chair
man
Subject
.....................................................
..Date ......................................................
Rationale for charges in requirements for Ph.D. students specializing in Business
Administration and Economics.
The department has for many years allowed students to specialize in Business
Administration rather than a specialized Field in Economics. Up until 1977, those
students faced the same requirement as those students who specialize in Economics and
there was little to distinguish the two groups of students. Starting in
1 .977 (I think),
we began explicitly recognizing the joint option, We did not wish to offer a straight
Business degree but we did wish to recognize that those students interested in the
Business option would want to concentrate their studies in fields other than those for
students who would later be seeking jobs in traditional economics departments.
Our first attempt at implimenting this approach was to drop the two economic
theory exams in favour of a sinole "combined " economic analysis exam based only on Econ
800805
and 835. After several tries this proved to be impractical (too few students
combined with too many exams -- 3 instead of 2). Furthermore, several
faculty
members
cornplaind that the previous attempt allowed too f61
fields
in Business to qualify as a
significant Business and Economics option and there was a lack of parity between the
options.
The proposed requirements thus permit the use of one economics theory exam to
fulfill the minimum requirements of the economic analysis exam (for the purposes of
maintaining a joint status for the option) while al'o requiring a minimum of two Business
fields to distinguish the option from the "Economics and a related field" option. The new
requirements would restore the pre-1977 parity in requirements.
Opp
h
ioe
0
