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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
Fall Sep. 1 - Dec. 16, 2026 Mon: 11:00 am - 12:30 pm
Wed: 11:00 am - 12:30 pm
 40946 A01 Yes
Winter Jan. 4 - Apr. 21, 2027 Wed: 11:00 am - 12:30 pm
Fri: 11:00 am - 12:30 pm
 10968 A01 Yes
Spring May 3 - Aug. 20, 2027 Mon, Wed: 11:00 am - 12:30 pm
 20642 A20 Yes
Spring May 3 - Aug. 20, 2027 Mon, Wed: 11:00 am - 12:30 pm
 20643 A21 Yes
Spring May 3 - Aug. 20, 2027 Mon, Wed: 11:00 am - 12:30 pm
 20644 A22 Yes
This course is offered in an online setting. There are no scheduled classes, and you will learn at your own pace. Courses have start and end dates, assignments may have due dates assigned to them.
Term Duration Schedule Class Section Open Studies

Online
Fall Sep. 1 - Dec. 16, 2026 42939 O01 Yes
This course is offered in an online setting. Your course will be taught in real-time at regularly scheduled times.
Term Duration Schedule Class Section Open Studies

Online
Fall Aug. 31 - Dec. 18, 2026 Wed: 06:30 - 08:00 pm
 40948 O02 Yes
Winter Jan. 4 - Apr. 21, 2027 Tue: 06:30 - 09:30 pm
 10971 O04 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
Spring May 4 - Aug. 14, 2026 Tue, Thu: 12:30 - 02:00 pm
 20041 H20 Yes
Fall Sep. 1 - Dec. 16, 2026 Mon: 08:00 - 09:30 am
Wed: 08:00 - 09:30 am
 40947 H06 Yes
Winter Jan. 4 - Apr. 21, 2027 Mon, Wed: 03:30 - 05:00 pm
 10969 H06 Yes
Spring May 3 - Aug. 20, 2027 Tue, Thu: 12:30 - 02:00 pm
 20645 H20 Yes

Online
Winter Jan. 4 - Apr. 23, 2027 Wed: 06:30 - 08:00 pm
 10970 O02 Yes

This is an in-page alert component.


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 2025-2026 Open Studies

Tuition estimate + Fees estimate = Total estimate
One 3-credit course $626.40 $714.70 $1,341.10
See the detailed fees for this course
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

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 $1783.1999999999998 $714.70 $2,497.89
See the detailed fees for this course
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 term

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

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