Program Overview

Microeconomics - BUSD 1002

Course Description

Students examine the interaction between individuals and firms in various types of markets within the entire economy. Topics include the fundamental principles of microeconomics; the concepts of demand and supply of product markets and resource markets; the concept of elasticity; consumer behaviour; production decisions and costs in the short-run and long-run; market organization; behaviour of individual firms and industries within the various market structures; markets and welfare; market failures and government intervention; and income distribution.

Course Details

Course Code

BUSD1002

Credits

3

Format and Length

Lecture: 45 hours

• In person
  • Delivered in a classroom setting with face-to-face instruction at regularly scheduled times.
• Online real-time
  • Taught in real-time at regularly scheduled times.
• Hyflex
  • For each course session or class time, you can choose to attend in person, online in real-time or watch a previously recorded session.

Schedules

Edmonton

• Spring (May 5 - Aug. 22, 2025)
  • Mon, Wed: 11:00 am - 12:30 pm
  • Class: 20037
  • Section: A20
  • Open Studies: Yes
• Fall (Sep. 2 - Dec. 12, 2025)
  • Mon: 11:00 am - 12:30 pm
  • Wed: 11:00 am - 12:30 pm
  • Class: 40090
  • Section: A01
  • Open Studies: Yes
• Winter (Jan. 5 - Apr. 17, 2026)
  • Wed: 11:00 am - 12:30 pm
  • Fri: 11:00 am - 12:30 pm
  • Class: 10083
  • Section: A01
  • Open Studies: Yes
• Spring (May 4 - Aug. 14, 2026)
  • Mon, Wed: 11:00 am - 12:30 pm
  • Class: 20038
  • Section: A20
  • Open Studies: Yes
• Spring (May 4 - Aug. 14, 2026)
  • Mon, Wed: 11:00 am - 12:30 pm
  • Class: 20039
  • Section: A21
  • Open Studies: Yes
• Spring (May 4 - Aug. 14, 2026)
  • Mon, Wed: 11:00 am - 12:30 pm
  • Tue, Thu: 12:30 - 02:00 pm
  • Class: 20040
  • Section: A22
  • Open Studies: Yes

Online

• Fall (Sep. 2 - Dec. 12, 2025)
  • Wed: 06:30 - 08:00 pm
  • Class: 40091
  • Section: O02
  • Open Studies: Yes
• Winter (Jan. 5 - Apr. 17, 2026)
  • Mon: 08:00 - 09:30 am
  • Tue: 06:30 - 09:30 pm
  • Wed: 08:00 - 09:30 am
  • Class: 10086
  • Section: O04
  • Open Studies: Yes

Tuition and Fees

Canadian Students

• Tuition estimate: $495
• Fees estimate: $714.70
• Total estimate: $1,209.70

International Students

• Tuition estimate: $1,497
• Fees estimate: $714.70
• Total estimate: $2,211.69

Fees Breakdown

• Digital resource fee: $7.00 max per term
• Program and supplies fee: $19.2 max per term
• Registrarial and student service fee: $41.00 max per term
• Student technology fee: $12.00 max per term
• Students’ Association fees:
  • Health and dental plan: $386.00 per year
  • Students’ Association: $51.50 per term
  • U-Pass: $180.00 per term
  • Legal plan: $18.00 per year