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?

To........... 

SENATE................................................................................................

From

Senate ConTnittee

on

?

Curriculum Changes and new 

Sub ject.Co.urse....p.ropos.a.1.s....-...Department 

?

Economics and Commerce 

Date.. 

18th November 1976

Actions taken by the Senate Committee on Under- 

graduate Studies at its meeting of Tuesday, November 9th, 1976 

give rise to the following motions: 

MOTION 1 

That Senate approve, and recommend approval by 

the Board of Governors, the proposed change in requirements 

fr

a minor in Economics and for a minor in Commerce as set forthn 

page 2. of paper S.76 

J^S

MOTION

2

That Senate approve,and recommend approval by 

the Board of Governors, the proposed change in requirements for 

a major in Commerce as set forth on page 

3

of paper S.76-)!U 

MOTION 3 

That Senate approve, and recommend approval 

by the Board of Governors, the proposed change in prerequisites for 

Econ.490-5 from "Econ.301-5 (or 302-3)" to "Econ.301-5 (or 302-3) 

or permission of the Department" and that the prerequisite for 

Econ.331-5, introduction to mathematical economics, be changed from 

"Econ.200-3 and 205-3 and Math.150-3 and 151-3" to Econ.200-3 and 

205-3 and Math.150-3 or 151-3 and Econ/Comm 231" as set forth on 

pagec3,9of paper 

S.76 

-

1,55 

Note 

The Department of Economics and Commerce forwarded through 

the Faculty of Arts to SCUS a recommendation that the words 

"students who have received twenty hours credit or more of mathematics 

courses may not take this course for credit" be added to the pre- 

requisite statement for Econ.331-5. Representatives of the 

Department suggested that advanced mathematics students find that 

Econ.331-5 contains little new material and their presence in the 

class present difficulties. 

?

In the view of department members 

such students are effectively duplicating work for which they have 

previously received credit. Discussion in SCUS led to the conclusion 

that the proposed prerequisite statement would exclude students who 

could well profit from the course and fail to exclude some who, 

in the view of department members, might profit little from the course. 

. Accordingly, the more limited recommendation is proposed. 

MOTION 4 

That Senate approve, and recommend approval by 

the Board of Governors, the proposed change in calendar description 

for Econ.435-5 as set forth on page'f of paper S.76-J5 

/...... 

.2

M1)TT()N

That Senate approve, and recommend approval by 

the Board of Governors, the deletion of Econ.440-5, International 

Economics, and Commerce.423-5, Advanced Accounting, from the 

Calendar and from the curriculum of the Department of Economics 

and Commerce. 

Note - Econ.440-5 is being superseded by the proposed new courses 

Econ.442-3, International Trade, and Econ.445-3, International Finance. 

Comm.423-5 is being phased out in favour of the new accounting 

courses approved in December, 1975. It will be offered for the 

final time in the Summer semester, 1977. 

MOTION 6

That Senate approve, and recommend approval by 

the Board of Governors, the proposed new courses Econ.442-3, 

International Trade, and Econ. 445-3, International Finance, as 

set forth on pages 6 through 

of Paper S.76-/5$ 

Daniel R. Birch 

ams

SIMON FRASER UNIVERSITY

SC-'is 7'-"

MEMORANDUM

Dr. ? 

D.R. 

?

Birch, Chairman 

?

.From...... Shell a Rob . 

er.t.s,.,...Sec.r.e.t.a r.y............ 

SCUS 

Subject.. 

New C ourse 

?

?

and Curric 

.

- ..c.: 

ulum Changes - Department of 

Economics & Commer 

aculty..ofArts ..Cu..r.r..icu..1..u.rn...Commit 

October 

28,

1976

Dare................................................................................. 

The Faculty ofArts Curriculum Committee at its meeting of October 

28, 1976

approved the attached hew Course Proposals and Curriculum 

Changes for the Department of Economics and Commerce. 

Would you please put these changes on the agenda of the next SCUS 

meeting. 

Thank you. 

S. Roberts 

SR:nl ? 

Cl-L..,

Attachments: 

?

N0Vu21q75

REGSTA.

MM. DESK

FACULTY OF ARTS 

CALENDAR SUBMISS I ON 

?

1977-1978 

DEPARTMENT OF ECONOMICS AND COMMERCE 

p. 102 

?

Overall Requirements 

for Minors ? 

Change in Requirements From ''Students wishing 

to minor in Economics and Commerce will he re- 

quired to take a selection of lower division 

courses in the Department and a minimum of 15 

hours in upper division courses. 

?

Individual 

programs must be developed with the approval of 

the Chairman of the Undergraduate Program in 

Economics and Commerce." 

to ''Following are the minimum requirements for 

Minors jr either Economics or Commerce. 

?

minor is ? 

vai1abie in the two subjects combined. 

9 lower division credits derived from any 100 

level course in Economics or Commerce plus 

Economics 200 and Economics 205. 

15 upper division credits derived from any course 

in Economics numbered 300 or higher. 

9 lower division credits derived from any 100 

level course in Economics 

?

Commerce plus 

Commerce 221 and Commerce 270. 

15 upper division credits derived from any 

coursesin Commerce numbered 300 or higher. 

Rat i ona le : 

In the curriculum revisions made last year 

the Minor requirements were left unspecified. 

These requirements are in line with 

tha

previous Minor requirements (75-76) in 

which an

Economics minor called for 9 hours of Lower 

Division course work, 

and

a Commerce 

minor

called for 6 hours. 

:2.-

Change in Requirements From ''At least 

upper 

division credits in Commerce. 

?

The program n'jst 

include COMM 

332,

COMM 

333,

ECON 

301,

ECON 

305

and at least two 400 division Commerce Courses. 

For the requirements of ECON 

301

and

305,

students 

may make the following substitutions: 

103 ?

Major in Commerce 

r

Substitutions: 

For ECON 

301

COMM 

307,

ECON 

308,

ECON 

3 0

9, ECON

362,

ECON 

367,

ECON 

381,

ECON 

395,

ECON 

396,

ECON 

397.

For ECON 

305:

ECON 

310,

ECON 

355,

ECON 

365,

ECON 

390.

to: "At least 

Upper Division credits in 

Commerce in addition to ECON 

301

and ECON 

305,

or designated substitutes listed below. 

?

The ? 

program must include ECON/COfIM 

332

and ECON/ 

COMM 333

and at least two 406 level Commerce 

courses. 

Substitutions: 

For ECON 

301:

COMM 

307,

ECON 

308,

ECON 

309,

ECON 

362,

ECON 

367,

ECON 

381,

ECON 

395,

ECON 

396,

ECON 

397.

For ECON 

305

ECON 

310,

ECON 

355,

ECON 

365,

ECON 

.390.

Rat i ona 1 e: 

This change is a clarification of the previous 

wording. ? 

The Department has always required 

hours of Commerce plus 6 hours of Economics. 

The previous calendar entry did not make this 

clear. ? 

Now because of substitutions, students 

need only take an addition 

hours of Econornics 

for a Ccnmerce rjor. 

Change in Pre-requisites: From "ECON 

200-3

and

205-3

and MATH 

50-3

or

151-3."

to: "ECON 

200-3

and

205-3

and MATH 

150-3

or

15 1

-3

S±tt-d-e-t-*- who ha'.'

p r

p coiv-d.--_20 hours

c-F-e-it

or niorc o4-Mat-hematics course-s---y-

not take this —ec-is-e--f-o-r- ,crcd-i--t---' 

p. 106

ECON 

331-5

(subject to 

approval of FACC 

on Nov. 

14,

1976)

Pm t ,-,n A

The department finds that advanced mathematics 

students find that this course contains little 

new material and their presence in the c1as 

presents difficulties. ? 

They arc effcctivcy 

dupi i cat ing work for which they have previc'sv 

received credit. 

SEE APPENDIX A 

P. 108 

.

ECON

435-5

Change in Description: From "Demand analysis. 

Production, cost and income analysis. 

Economic growth and trade cycle analysis. 

General equilibrium and input-output analysis 

to: "An introduction to econometric theory. 

Application of econometric method to both 

time series and cross-section data. 

R.it- ;rn1.

This change in description is to bring the 

calendar description in line with the course 

as it has been taught for some time. 

SEE APPENDIX B 

108 ? 

ECON 

440-5

Del e t e 

ECONr3-3

ECON 

442-3

New

New Course 

Course 

Proposal 

Poposa1 

SEE APPENDIX C 

ECON

490-5

Pre-requisite 

(or

302-3)

Change. 

?

From "ECON 

301-5

the

to: "ECON 

i-ni3truto-r 

301-5

(or

302-3)

or

p ermission of 

Rationale 

Now that students may substitute other courses 

for ECON 

301-5,

the instructor will interview 

interested students to ascertain whether the 

substitute course/courses has or have provided 

adequate preparation for this course. 

SEE APPENDIX 0 

p.113

COMM 423-5

Delete - The current calendar entry reads: 

NOTE: This course will be phased out 

Rationale: 

?

o f

?

the

procirarn. 

December 

for

This 

the

the

new

course 

final 

a

ccounting 

1

975. 

is

?

time 

being 

The

courses 

in

course 

phased 

SIImiir

approved 

will 

out

be

because 

in

of Fcrd 

Qi.

?

CH1UGE IN DESCRIPTION ONLY

SENATE

CO1 I

MITTEE Oil IJDERCRADUATF?UDLES

NE'4 COURSE PROPOSAL FORM

i:.ilendar Information 

?

Departoent:_Econmics & Commerce 

,[,hrevtattOn Code: 

ECON ? 

Cdtirse Number: 

435

_

Credit Hours: 

?

Vecttr:3-2-0 

1

-

i t

le of Court3e: 

Calendar Description of Course: 

An introduction to econometric theory. 

?

Application of 

?

econometric method to both time series and cross-section 

data. 

Natul.e of Course Lecture/Tutorial 

Prerequisites (or special instructions): 

Econ30 1 

-5

and 305-5 (or 302-3 and 301+-3); Econ/Comm 333-3. 

What course (Courses), if any, is being dropped from the calendar if this course 

approved: 

2.

Scheduling 

How frequently will the course be offered? 

Semester in which the course will first be offered? 

Which of your 

present 

faculty would be available to make the proposed offering 

possible? 

3.

Objectives of the 

Course 

4.

Bud etary and Space Requirements (for information only) 

What 

additional resources will be required in the 

following areas: 

Faculty 

Staff 

I. ibrary 

Audi" Visual. 

Space 

Equipment 

5. Approval 

Date: ? 

Octobe 

.

r 27.: 1976 

Department Chairmen 

•

?

(LVAIC 

?

_______ 

Dean 

u;S 73-34b:- 

(When completing this form, 

for instructions see Memorandum SCUS 73-3:z. 

ALaCII

course outline). 

SENATE CO?11ITTEE ON UNDERGRADUATE S7UDIES

E:csr PROPOSAL FORM

• ?

Change of course credit and number

iLtndar Information ?

Departneiit:

Economics

and Commrc

ThLrevLation Code:

ECON ?

Course:

Calendar Description of Course:

Topics discussed in this course are: Gains from Trah in

Classical World; The Modern Theory of International Trade; Factor Price Equalizatio:EnpL--

Tests and Extensions of the Pure Theory Model; Economic Growth and International '1rdc; T

• ?

Nature and Effects of Protection; Motives and Welfare Effects of Factor Movements;

national Enterprises;

Enterprises; The Brain Drain; Customs Union Theory; Pollution Control and Inter-

ti. Q a i

TiLe

Lecture-Tutorial

PCPA.- i

Prerequisites (or s

ecial Instructions);

Economics 301 and 305 or permission of

I-not-u-ctor.

Students with Econ.440 can not take this course for further credit.

What

course

(courses),

dropped

from

the calendar

If this

ii to t.wo separate courses which will provide one additional credit hour.

2. ScneduLing

How

frequently will the course be offered?

twice a year

Semester in which the course will first be offered?

Fall, 1977

Which of your present faculty would be available to uakthe proposed offering

possible? H.Grubel,

S.Easton, R.Schwindt, D. DeVoretz

WObjectives of the Course

To acquaint students with. international trade matters

Iludgetary and Space Requirements (for Information only)

-- ?

What

additional resources will be required in the following areas:

Faculty ?

Can be handled by existing faculty

Staff ?

None

Library

Audi c

Visual

Space

Equipment

W ?

Department Chairmaxi

Dean

Ghai

73-34b:-- .

(When completing this form, for Instructions see

Hemorandun SCUS 73-34..

AL!.ach course

outline).

)I-"_v73

SIMON FRASER UNIVERSITY 

DEPARTMENT OF ECONOMICS AND COMMERCE 

Proposed Reading list and Course Outline 

International Trade 

?

Econ. 

442

Textbook: Herbert C. Crubel 

?

International Economics, 

Dorsey - Irwin, 1977 

Assignments: 

Week 1     

Chapter 

1

Introduction 

Chapter 2 

Gains from Trade in a Classical World 

Weeks 2-3   

Chapter 3 

The Modern Theory of International Trade 

Weeks 

4-5

Chapter 4 

Empirical Tests and Extensions of the Pure Theory 

Week 

6

Chapter 5 

Economic Growth and International Trade 

•

Chapter 

6

Some Data on the Importance of Growth and Tradt 

Week 

7

Review and 

Midterm Examination 

Week 

8

Chapter 

7

The Nature and Effects of Protection 

Week 

9

chapter 8 

Reasons for Tariff Protection 

Chapter 

9

The History, Future and Cost of Protection 

Week 

10

chapter 23 

Pollution Control and Internr:ional Trade 

Week 11    

ynapter 

20

Motives and Welfare Effects of Factor Movements 

Week 12    

chapter 

21

Multinational Enterprises and the Brain Drain 

Week 

13

Chapter 

22

Customs Unions and Monetary Integration 

-7

SENATE COthITTEE ON UNDERGRADUATE STUDIES 

NEW COURSE PROPOSAL FORM 

1.

iIendar 

Information ? 

Department: Economics and Cornerce 

Threv[ation Code:FrcIr Cótrse Number 

?

I

LS ? 

Credit hours: 

?

Vector: 2-1-0 

F1t.1t of Course: 

?

INTERNATIONALFINANCE 

Caleudar Description of Course: 

Foreign Exchange Markets; Determination of Spot and Forward Exchange Rates; 

Euro-Currency Markets; Balance of Payment Statistics; International Adjustment 

Theory;inCO 

m

ePrice and Exchange Rate Effects; The ROle of International Short-tern 

Capital E.lo..ws The International Monetary System: Gold Standard, Freel y 

Floatin g Rates, 

fatuie ot 

odrse ? 

Dollar Gold Exchange Standard, Centrally Created Reserves. 

-

Prerequisites (or special instructions): 

-

per

?

ea1

Economics 301and 305, or permission of the inotr-ui--r 

What 

course (courses), if any, is being dropped 

from 

the calendar if 

this course 

approved: NONE 

2.

Scheduling 

How

frequently will the course be offered? 

twice a year 

Semester in which the course will first be offered? 

Spring,1978 

Which of your present faculty would be available to make the proposed offering 

• ? 

possible? 

H.Grubel, SEaston, R.Schwindt, D.DeVoretz 

3.

je

ctivesof the Course 

To provide a second course in international economics concentrating on 

international financial matters 

4.

Uudetary and Space Requirements (for information only) 

What additional resources will be required in the following areas: 

Faculty ? 

Can he handled. by existing faculty 

Staff 

?

None 

Library 

Audi'' Visual 

Space 

Equipment 

5.

Approval 

Date: 

?

• (I 7(;

Department Chairman 

?

Dean 

?

ChaAmac%, SCLjS 

S /3-34b:- (When completing this form, for instructions see Memorandum SCUS 73-34. 

AL!ai:h course outline). 

)T'i.'73 

SIMON FPASER UNIVERSITY 

DEPARTNT OF ECONOMICS AND COMMERCE 

Proposed Reading List and Course Outline 

International Monetary Economics 

?

Econ 445 

Textbook: Herbert G. Crubel 

?

Intrnl-ien1 

Dorsey - Irwin, 1.977 

Week 1 

Chapter 10 

The Foreign Exchange Markets 

2

Chapter 11 

Determinants of the Spot. Exchange Rate 

3

Chapter 12 

Forward Exchange and 

Eur

oCurrenc 

: , , 

Markets; 

4

Chapter 13 

First 

Balance of Payment: 

?

St2tIStICS and Por 

Midterm Examination 

5

Chapters 14 

Adjustment throu 

g

h Exchange Rate Cge 

6

and 15 

Direct Controls 

Chapter 16 

Income Effects and 

Exchange

Rc- Change-; 

7

Chapter 17 

Adjustment. with Money and Specu13tju- 

18

Internal and External 

?

Balance Throu 

?

Po ? 

Lc': 

8

Chapter 19 

Monetarist: Approach to Balance of Paynan 

20

An Integrated View of 

?

the

A

djustment 

?

1ac'J:::, 

9

Second Midterm 

Examination 

10

Chapter 21 

The Gold Standard 

23

The Gold 

Exchange 

Standard 

11

Chapter 22 

Freely Floating Exchange Fates 

12

Chapter 24 

A System Based on Cont:i-:iiiy Creata 

13

Raview 

ThATE COMMITTEE ON 

UNDERGRADUATE STUDXS

NE'4 COURSE PROPOSAL FORM 

1. •Ywndr Information 

?

Departc3eut

:Econom ic 

?

---iii 

?

rc': 

Abbreviation Code: 

?

ECON Cótirse NuJ,er: 

1

490

?

Credit flours: 

5

?

Vector: 320

Hrle of Course: The Economics of Collective Choice 

Calendar Description of Course: 

The app 1 I c a t i on of e o nom i c t h e r y to p 1 i 

t i Ca

1

institutions and other non-market social phenomena. 

?

Some of the topics ar 

the relationship of property rights to allocation; the theory of optir-al 

constitutions; voting behavior and coalition formation; the theory of 

jurisdictions and federalism; the theory of bureaucracy; the economics of 

income redistributions; the economics of crime, violence, anarchy, family 

NatuLe 

Lecture/Tutorial 

of Course 

?

and marriage, discrimination a 

Prerequisites (or special instructions): 

?

national is 

Econ.301-5 (or 302-3) or permission of the 

i-3tLt--r-.

What 

course (courses), if any, is being dropped 

from the 

calendar

if this course is 

approved: 

2. Scheduling 

1Eow frequently will the course be offered? 

Semester in which the 

course will first be 

offered? 

. ?

Which of 

your present faculty would be available to make 

the

proposed offering 

possible? 

3. ObectLvesoftheCourse 

4.

tary and 

SpaceRequirements 

(for information

only) 

What

additional resources will be required in the 

following areas: 

Faculty

Staff

I. Ibrary 

Audi 

, .-) Visual 

Space 

Equipment 

5. Approval 

Date: 

_October_27._lL76 

?

7Lvt/7L

Deçiartmnnt Chairman 

?

Dean 

?

SCUS 

73-34b:- (When completing this form, for instructions 

see Memorandum 

SCUS 

71-34. 

Aiai 

j

i course 

outline). 

7(,',42

SiMON FRASER UNIVERSITY

Scaf

MEMORANDUM ?

(p e.r,)

From Sheila Roberts, Secretary 

Faculty of Arts CurriculumCommittee 

Date November 4 , 1976 

Attached is the New Course Proposal Form for the changes in 

prerequisites for ECON 

331-5. ? 

Please note that they have 

been changed since the recapitulation sheet you received 

previously. 

S. Roberts 

Attachment: 

SR: n 1 

.

Dean          

Chairman, SCUS 

SENATE COMMITTEE ON UNDERGRADUATE STUDIES 

CHANGE OF PREREQUISITES ONLY 

1.

i:dendir 

Information 

?

Department: 

Economics and Commerce 

,th[)reviation Code: 

EC

P

N

?

Cótrse Number: 

331 - 

Credit Hours:5 

?

Vector:3-2-0 

Fitle of 

Course: 

Introduction to Mathematical Economics 

Calendar Description of Course: 

The mathematical interpretation of fundamental 

economic concepts; demand, supply, competitive equilibrium. Application of 

the calculus to production and distribution theory, growth models and 

investment theory. Differential and difference equations in dynamic economic 

models. Introduction to activity analysis. 

Nature of Course 

Lecture/Tutorial 

Prerequisites (or special instructions): 

Econ 200-3 and 205-3 and Math 150-3 

or 151-3 and Ec/Comm 231. 

What 

course (courses), if any, is being dropped from the calendar if this 

course 

approved: 

2.

Scheduling 

Row frequently will the course be offered? 

Semester in which the course will first be offered? 

Which of your present faculty would be available to make the proposed offering 

possible? 

. Objectives of the Course 

4. Budgetary 

and Space Requirements (for information only) 

What

additional resources will be required in the following areas: 

Faculty 

Staff 

Library 

Audi- Visual

Space

Equipment 

5.

Approval 

Date: 

October 27, 1976 

•partment Chairman 

Su.;S

73-34b:- 

(When completing this form, for instructions see Memorandum 

SCUS 73-34a. 

A L

!ach course outline). 

)r"•'73 