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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. 3 - Dec. 20, 2024 Mon: 11:00 am - 12:30 pm
Wed: 11:00 am - 12:30 pm
40113 A01 Yes
Fall Sep. 3 - Dec. 20, 2024 Wed: 06:30 - 09:30 pm
40114 A02 Yes
Fall Sep. 3 - Dec. 20, 2024 Tue: 12:30 - 02:00 pm
Thu: 12:30 - 02:00 pm
40115 A03 Yes
Fall Sep. 3 - Dec. 20, 2024 Tue, Thu: 09:30 - 11:00 am
40116 A04 Yes
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

Fall Sep. 3 - Dec. 20, 2024 Tue, Thu: 03:30 - 05:00 pm
40117 H05 Yes
Fall Sep. 3 - Dec. 20, 2024 Mon: 03:30 - 05:00 pm
Wed: 03:30 - 05:00 pm
40118 H06 Yes
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 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 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
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 term

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

Have a question about the Microeconomics course?