Graduate Courses

Note: In any given academic year, only some of the following courses may be offered.  The Department attempts to offer at least one course in each field every year.

ECON 503 Microeconomic Theory I
Study the behavior of producer and consumer; partial equilibrium models of perfectly and imperfectly competitive markets.

ECON 505 Microeconomic Theory II
This course covers decision making under uncertainly, noncooperative game theory, and the economics of information.

ECON 509 Time Series Methods in Financial Econometrics
Introduction of basic time series models and provide tools for empirical work with time series data.

ECON 512 Economic Development I
Learning the techniques of development planning; qualitative and quantitative problems associated with the drafting and implementation of plans and program

ECON 521 International Economics I
This course covers international trade theories and policies.  Also covers topics in theories of trade policies, endogenous growth and multinational corporations.

ECON 522 International Economics II
This course covers how the international monetary and payments system functions, and how macroeconomic policy is affected by open economy factors.

ECON 531 Labor Economics I
Introduce the factors influencing the supply of, and demand for, labor services and the process of relative wage levels, aggregate labor-force participation, and the level and structure of aggregate employment and unemployment.

ECON 540 Monetary Economics I
The main theme is inflation and monetary policy, however, we also cover some key issues in banking.

ECON 542 Economics of Financial Markets
The course surveys Asset Pricing Theory with an emphasis on the utility-based discount-factor approach. The discount factor provides a unifying framework for the evaluation of most classes of assets including stocks, bonds, and derivatives. In particular, the course reviews mean-variance analysis, factor pricing, discrete time models, and classical results in continuous time, such as the Black and Scholes option Pricing Formula. These theoretical models are also illustrated by empirical applications.

ECON 550 Public Expenditure
The theory of the role of the public sector in a market economy; market failures, income redistribution, public choice, and fiscal federalism.

ECON 553 Economics of Taxation
Criteria for evaluating taxes; the models of tax incidence; efficiency in taxation and expenditures decisions and taxation and labour market.

ECON 557 Health Economics
Theoretical and applied issues in the determination of health models and a survey of contemporary health economic policy issues. 

ECON 561 Transportation Economics
Transportation demand and modal choice; economies of scale, traffic density, and scope; congestion pricing of highways and transport infrastructure; new traveller information technologies; airline competition, regulation and deregulation.

ECON 566 Environmental Economics
This course is made up of lectures and discussion surrounding environmental economics.  Theory and policy relating to environmental problems; welfare and public policy issues in environmental decision making.

ECON 567 The Economics of Exhaustible Resources
This course examines issues concerning the economics of exhaustible resources.  Learning supply and pricing under various market structure, the demand for exhaustible resources, exploration, resource extraction under price and technological uncertainty, taxation of exhaustible resources, exhaustible resources and the macro economy.

ECON 570 Strategic Behavior of the Firm
Game theory; oligopoly theory; dynamic price competition; cartel formation; product differentiation; and advertising; entry and strategic entry deterrence; research and development.

ECON 571 Market Power: Theory and Policy
This course provides an analysis of market definition and measurement of market power in the application of competition policy in Canada; such as Canadian competition policy, including merger, predation, abuse of dominance, price discrimination, vertical market restrictions, collusion and bid rigging.

ECON 577 Economics of Gaming

ECON 581 Macroeconomic Theory I
This course is designed to study modern macroeconomics with emphasis on microeconomic foundations, analytical tools, and policy implications.

ECON 582 Macroeconomic Theory II
This course extends the analysis of ECON 581 and introduces students to more advanced issues.

ECON 591 Graduate Research Workshop I
Learn to identify a research topic, and develop skills in the writing and presenting their research. 

ECON 592 Graduate Research Workshop II
Completion of a research paper in one of the two fields chosen in the course work of year two.  It is expected that students will use this paper to form the basis of their Candidacy Examination.  Students are required to present their ongoing research within their Group and Department.

ECON 598 Econometric Theory and Applications
This course introduces students to the theory and applications of some tools and concepts necessary for the analysis of econometric problems.

ECON 599 Applied Econometrics
Theory and application of methods of estimation and inference in single equation and simultaneous equation models for economists.

ECON 608 Topics in Econometrics

ECON 612 Topics in Economic Development
This course talks about the relationship between economic growth, income inequality and poverty. Discuss issues on poverty, poverty alleviation, household behaviour, human capital and labour market.

ECON 614 Topics in European and North American Economics

ECON 620 Topics in International Economics

ECON 630 Topics in Labor Economics

ECON 640 Topics in Monetary Economics

ECON 652 Topics in Public Economics

ECON 664 Topics in Regional Economics

ECON 672 Topics in Industrial Economics

ECON 693 Topics in Comparative Economics

ECON 699 Selected Research Topics in Economics

ECON 900 Directed Research Project

Students work on an independent research project with the guidance of a supervisor and the coordinator.

Economics Graduate Ethics
An 8-hour course; 5 hrs WebCT being offered by the FGSR and 3 hrs of department lecture.  This course must be taken before convocation.


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The online University of Alberta Calendar, containing course descriptions, can be accessed at
Simply click on the link and scroll down the page until you find the heading
Course Listings.  Courses are organized alphabetically.

Economics course descriptions can be found in Section 201.57 of the University of Alberta Calendar.

Finance course descriptions can be found in Section 201.95 of the University of Alberta Calendar

Accounting course descriptions can be found in Section 201.2 of the University of Alberta Calendar

Not all courses are offered every year, but the Department attempts to offer at least one course in each field every year.


For graduate courses in the Department of Economics, the letter grades are interpreted as follows: 
  • A+ (4.0) -- Excellent
  • A (4.0) -- Excellent
  • A- (3.7) -- Excellent
  • B+ (3.3) -- Good
  • B (3.0) -- Good
  • B- (2.7) -- Satisfactory
  • C+ (2.3) -- Pass
  • C (2.0) -- Failure
Students should note that a minimum cumulative grade point average of 2.7 is required in the MA program. Therefore a grade of C+ (2.3), although a pass, should not be regarded as satisfactory performance.


The Department may recommend to the Faculty of Graduate Studies and Research that credit be given for course work previously taken. However, advance credit may only be given if the course work has not been used toward a previous degree or as a basis for admission.