Economics for Management Students Major (B.Com.) (69 credits)
Offered by: Management (Desautels Faculty of Management)
Degree: Bachelor of Commerce
Program credit weight: 69
Program Description
The B.Com.; Major in Economics for Management Students is a planned sequence of courses designed to permit a degree of specialization in economics, including microeconomics (focusing on the study of the behaviour of individual economic agents and how the interaction of individuals results in market outcomes) and macroeconomics (focusing on economy-wide issues such as unemployment rates, money supply and inflation, as well as public policies to influence such macroeconomic aggregates). Topics include: econometrics, economic history, economic development, environmental economics, industrial organization, international trade and finance, labour economics, money and banking, and public finance.
Note: For information about Fall 2025 and Winter 2026 course offerings, please check back on May 8, 2025. Until then, the "Terms offered" field will appear blank for most courses while the class schedule is being finalized.
Required Courses (51 credits)
Management Core
| Course | Title | Credits |
|---|---|---|
| MGCR 211 | Introduction to Financial Accounting. | 3 |
Introduction to Financial Accounting. Terms offered: Summer 2025 The role of financial accounting in the reporting of the financial performance of a business. The principles, components and uses of financial accounting and reporting from a user's perspective, including the recording of accounting transactions and events, the examination of the elements of financial statements, the preparation of financial statements and the analysis of financial results. | ||
| MGCR 222 | Introduction to Organizational Behaviour. | 3 |
Introduction to Organizational Behaviour. Terms offered: Summer 2025 Individual motivation and communication style; group dynamics as related to problem solving and decision making, leadership style, work structuring and the larger environment. Interdependence of individual, group and organization task and structure. | ||
| MGCR 233 | Data Programming for Business. | 3 |
Data Programming for Business. Terms offered: Summer 2025 Introduction to data programming for management students. | ||
| MGCR 250 | Expressive Analysis for Management. | 3 |
Expressive Analysis for Management. Terms offered: this course is not currently offered. Focusing on skills with respect to analysis, writing and presentation in management. | ||
| MGCR 331 | Information Technology Management . | 3 |
Information Technology Management . Terms offered: Summer 2025 Introduction to principles and concepts of information systems in organizations. Topics include information technology, transaction processing systems, decision support systems, database and systems development. Students are required to have background preparation on basic micro computer skills including spreadsheet and word-processing. | ||
| MGCR 341 | Introduction to Finance. | 3 |
Introduction to Finance. Terms offered: Summer 2025 An introduction to the principles, issues, and institutions of Finance. Topics include valuation, risk, capital investment, financial structure, cost of capital, working capital management, financial markets, and securities. | ||
| MGCR 352 | Principles of Marketing. | 3 |
Principles of Marketing. Terms offered: Summer 2025 Introduction to marketing principles, focusing on problem solving and decision making. Topics include: the marketing concept; marketing strategies; buyer behaviour; Canadian demographics; internal and external constraints; product; promotion; distribution; price. Lectures, text material and case studies. | ||
| MGCR 372 | Operations Management. | 3 |
Operations Management. Terms offered: Summer 2025 Design, planning, establishment, control, and improvement of the activities/processes that create a firm's final products and/or services. The interaction of operations with other business areas will also be discussed. Topics include forecasting, product and process design, waiting lines, capacity planning, inventory management and total quality management. | ||
| MGCR 382 | International Business. | 3 |
International Business. Terms offered: this course is not currently offered. An introduction to the world of international business. Economic foundations of international trade and investment. The international trade, finance, and regulatory frameworks. Relations between international companies and nation-states, including costs and benefits of foreign investment and alternative controls and responses. Effects of local environmental characteristics on the operations of multi-national enterprises. | ||
| MGCR 423 | Strategic Management. | 3 |
Strategic Management. Terms offered: Summer 2025 An integrative and interdisciplinary introduction to strategy formation and execution. Concepts, tools, and practical application to understand how firms leverage resources and capabilities to gain competitive advantage in dynamic, contemporary industries. Strategic positioning, organizational design, and managerial action for the long-term success of businesses and positive social and ecological outcomes. | ||
| MGCR 460 | Social Context of Business. | 3 |
Social Context of Business. Terms offered: Summer 2025 Examination of how business interacts with the larger society. Exploration of the development of modern capitalist society, and the dilemmas that organizations face in acting in a socially responsible manner. Examination of these issues with reference to sustainable development, business ethics, globalization and developing countries, and political activity. | ||
Major
| Course | Title | Credits |
|---|---|---|
| ECON 230D1 | Microeconomic Theory. | 3 |
Microeconomic Theory. Terms offered: this course is not currently offered. The introductory course for Economics Major students in microeconomic theory. In depth and critical presentation of the theory of consumer behaviour, theory of production and cost curves, theory of the firm, theory of distribution, welfare economics and the theory of general equilibrium. | ||
| ECON 230D2 | Microeconomic Theory. | 3 |
Microeconomic Theory. Terms offered: this course is not currently offered. See ECON 230D1 for course description. | ||
| ECON 332 | Macroeconomic Theory: Majors 1. | 3 |
Macroeconomic Theory: Majors 1. Terms offered: this course is not currently offered. A review of basic economic concepts and tools with an in depth and critical presentation of the fundamental areas of macroeconomic theory. Topics include: the measurement of economic aggregates, economic growth, and the consumption-savings decision and other basic elements of a business cycle. | ||
| ECON 333 | Macroeconomic Theory - Majors 2. | 3 |
Macroeconomic Theory - Majors 2. Terms offered: this course is not currently offered. A review of basic economic concepts and tools with an in depth and critical presentation of the fundamental areas of macroeconomic theory. Topics include: money and banking and business cycles, stabilization policy, and international finance. | ||
| MGCR 271 | Business Statistics. | 3 |
Business Statistics. Terms offered: this course is not currently offered. Statistical concepts and methodology, their application to managerial decision-making, real-life data, problem-solving and spreadsheet modeling. Topics include: descriptive statistics; normal distributions, sampling distributions and estimation, hypothesis testing for one and two populations, goodness of fit, analysis of variance, simple and multiple regression. | ||
| MGSC 372 | Advanced Business Statistics. | 3 |
Advanced Business Statistics. Terms offered: this course is not currently offered. A practical managerial approach to advanced simple and multiple regression analysis, with application in finance, economics and business, including a review of probability theory, an introduction to methods of least squares and maximum likelihood estimation, autoregressive forecasting models and analysis of variance. | ||
Complementary Courses (18 credits)
Selected from other 200-, 300-, and 400-level courses in Economics (ECON), excluding courses with numbers below 210. At least 6 of these 18 credits should be taken from courses with 400-level numbers. No more than 6 of the 18 credits may be taken at the 200 level.