The Canadian Economy

Course code ELRT 2101

Credit 3.0

Length 85.0 hours

Course outline View

This course will examine both micro and macro economic topics within the context of the Canadian economy. Students will focus on gaining a broad understanding of economic theory and its application to contemporary Canadian economic issues including the impact of free trade agreements and the rapid growth of Canada's Indigenous community as a driver of the economy.

Prerequisites

Course type

This course is offered as part of a VCC program and cannot be taken individually.
International students: Eligibility is determined at the program level. Visit the program page for international student requirements and application information.

  • Fundamental concepts of Economics
  • Scarcity, Trade-Offs and Economic Growth
  • The Market, Supply and Demand
  • Elasticities, Consumer Behaviour, Externalities, Public Goods and Public Choice
  • Production and Costs, Competition
  • Monopoly
  • Input markets and the Distribution of Income
  • Introduction to Macroeconomics, Measuring Economic Performance,
  • Economic Growth in the Global Economy
  • Aggregate Demand, Aggregate Supply and Equilibrium
  • Money and Banking, Bank of Canada and Monetary Policy
  • The contribution of Indigenous communities to the Canadian economy
  • International Trade and Free Trade Agreements

Course schedules

Select your program to see the available course schedules.

CRN# Duration Delivery Location
70746 September 9, 2026
to November 16, 2026
Lecture
Shop/Teaching Kitchen
VCC Broadway Building A See full schedule

Online courses listed without scheduled meeting times can be completed on your own schedule. All self-paced courses have on-campus tests. Off-site certified invigilation centres may be used at the student's expense.

How to take this course

This course is offered as part of a VCC program only.

Contact us

If you have any questions, please email at [email protected].

† This information is intended as a guideline only. Program and course details are subject to change with the approval of VCC's Board of Governors.

Indigenous Territory Acknowledgment

VCC is located on the traditional territories of the xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish), and səlilwətaɬ (Tsleil-Waututh) peoples who have been stewards of these lands since time immemorial.