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. 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. 23, 2027 Wed: 06:30 - 08:00 pm
 10970 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. 17, 2026 Tue, Thu: 12:30 - 02:00 pm
 20041 H20 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

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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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