Microeconomics - BUSD 1002

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.

Note: Restricted to Arts and Sciences Diploma, Accounting Technician, Business Administration, and Open Studies.

This course is delivered in a classroom setting with face-to-face instruction at regularly scheduled times.

Term	Duration	Schedule	Class	Section	Open Studies
Edmonton
Winter	Jan. 6 - Apr. 25, 2025	Mon: 11:00 am - 12:30 pm Wed: 11:00 am - 12:30 pm	10084	A01	Yes
Winter	Jan. 6 - Apr. 25, 2025	Mon: 08:00 - 09:30 am Wed: 08:00 - 09:30 am	10086	A03	Yes
Winter	Jan. 6 - Apr. 25, 2025	Mon: 08:00 - 09:30 am Wed: 08:00 - 09:30 am	10088	A05	Yes
Spring	May 5 - Aug. 22, 2025	Mon, Wed: 11:00 am - 12:30 pm	20037	A20	Yes
Spring	May 5 - Aug. 22, 2025	Mon, Wed: 11:00 am - 12:30 pm	20038	A21	Yes
Spring	May 5 - Aug. 22, 2025	Mon, Wed: 11:00 am - 12:30 pm	20039	A22	Yes

For each course session or class time, you can choose to attend in person, online in real-time or watch a previously recorded session.

Term	Duration	Schedule	Class	Section	Open Studies
Edmonton
Winter	Jan. 6 - Apr. 25, 2025	Mon: 09:30 - 11:00 am Wed: 09:30 - 11:00 am	10085	H02	Yes
Winter	Jan. 6 - Apr. 25, 2025	Tue: 06:30 - 09:30 pm	10087	H04	Yes
Winter	Jan. 6 - Apr. 25, 2025	Mon, Wed: 03:30 - 05:00 pm	10089	H06	Yes
Spring	May 5 - Aug. 22, 2025	Tue, Thu: 12:30 - 02:00 pm	20040	H20	Yes

This course can be taken through Open Studies or through one of our many programs. Read our application guide and apply now.

Tuition and fees for 2024-2025 Open Studies

	Tuition estimate	+	Fees estimate	=	Total estimate
One 3-credit course	$495		$720.50		$1,215.50

See the detailed fees for this course

Digital resource fee:	$7.00 max per term
Program and supplies fee:	$25 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

Note: You may be eligible to opt out of some Student Association fees after enrolling. Visit Tuition and Fees for more information.

	Tuition estimate	+	Fees estimate	=	Total estimate
One 3-credit course	$1497		$720.50		$2,217.50