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ECON 1401 [0.5 credit] Elementary Mathematics for Economics I

Functional relations: functional forms and error terms. Graphing economic magnitudes: scatter diagrams, time-series graphs, functional relationships. Applied calculus: mechanics of differentiation and integration, elasticity, consumer/producer surplus. Applied algebra: solving systems of linear equations and Keynesian national-income analysis. Problem solving approaches.
Also listed as MATH 1401.
Precludes additional credit for BIT 1000, BIT 1001, BIT 1100, BIT 1101, BIT 1200, BIT 1201, MATH 1007, MATH 1009, MATH 1104, MATH 1107, MATH 1119, MATH 1052, MATH 1152.
Prerequisite(s): Ontario Grade-12 U Advanced Functions, or MATH 0005, or equivalent; and ECON 1001 or ECON 1000 or FYSM 1003, which may be taken concurrently with ECON 1401.
Lectures three hours a week, tutorials one hour a week.


Undergraduate Calendar

Note : ECON 4908 [1.0] Honours Essay may be written by students with Overall and Major CGPAs of 9.50 or higher. In cases where a grade of B- or higher is earned on this essay, it may replace the ECON 4905 requirement together with an ECON elective requirement. Qualified students who choose to pursue the Honours essay pathway must first complete an Honours essay prospectus to the satisfaction of both their advisor and the Undergraduate Supervisor. See The Honours Essay guidelines maintained by the Department for further details.

Mathematics and Statistics

Undergraduate Calendar

...ECON 1401 , ECON 1402 , ECON 2201 (no longer offered), ECON 2202 (no longer offered), ECON...