Introduction and Background Mathematics (Chapter 1; Appendix A)
- Review and introduction to Calculus
- Introduction to Matrix Algebra
- Short video: Why capitalism works (Milton Friedman)
Sustainability (Chapter 2, especially Sec. 2.1)
Sustainability, economics and philosophy
Macroeconomic Environment (Chapter 3)
Macroeconomics
Explaining GDP (Statistics Canada)
Microeconomic Theory: Basics (Chapter 4)
- Production economics I (Sec. 4.1)
- Production economics II (Sec. 4.1)
- Theory of cost (Sec. 4.2)
- Consumer demand theory (Sec.4,3)
- Elasticities (Sec. 4.4)
- Supply and demand (Sec. 4.5)
- Non-market evaluation (extra, Sec. 4.5)
- International trade theory (Sec, 4.6)
- International trade agreements (extra)
Project Evaluation (Chapter 5)
- Project evaluation: Surplus areas & rent
- Resource rent collection
- Cost-benefit analysis and discounting
- Other criteria and irreversibility
Market Structures and Market Distortions (Chapter 6)
- Market structures and imperfect competition (Sec. 6.1)
- Market structure: Case studies (Sec. 6.2)
- Price discrimination (Sec. 6.3)
Insights from the New Institutional Economics (Chapter 7)
- Transaction costs (Sec. 7.1)
- Adverse selection (Sec. 7.2)
- Moral hazard (Sec. 7.3)
- Contracting & Principal-agent (PA) theory (Sec. 7.4)
Risk and Uncertainty (Chapter 11)