Macroeconomics - BUSD 1008

Students examine how the economy behaves at the aggregate level. Topics include the flow of income among households, businesses, and governments; measuring and explaining what determines economic aggregates such as the total national product (GDP); inflation and unemployment; business fluctuations, economic growth, and full employment; and the model of aggregate demand and aggregate supply. The role of money and financial institutions is discussed, as are monetary and fiscal policies, exchange rates and balance of payments, purchasing power parity, and the impact of international trade.

Note: Prerequisite for Business Administration and Open Studies: BUSD 1002. Restricted to Business Administration, Machine Learning Analyst, Arts and Sciences Diploma 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, Wed: 05:00 - 06:30 pm
 40971 A01 Yes
Winter Jan. 4 - Apr. 21, 2027 Mon: 09:30 - 11:00 am
Wed: 09:30 - 11:00 am
 10995 A01 Yes
Winter Jan. 4 - Apr. 21, 2027 Mon: 12:30 - 02:00 pm
Wed: 12:30 - 02:00 pm
 10996 A03 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 42945 O01 Yes
Winter Jan. 4 - Apr. 21, 2027 13006 O01 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 2026-2027 Open Studies

Tuition estimate + Fees estimate = Total estimate
One 3-credit course $626.40 $744.60 $1,371.00
See the detailed fees for this course
Digital resource fee: $7.35 max per term
Program and supplies fee: $19.2 max per term
Registrarial and student service fee: $46.20 max per term
Student technology fee: $12.60 max per term
Students’ Association fees
Health and dental plan: $386.00 per year
Students’ Association: $70.00 per term
U-Pass: $182.50 per term
Legal plan: $20.75 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 $1783.20 $744.60 $2527.79
See the detailed fees for this course
Digital resource fee: $7.35 max per term
Program and supplies fee: $19.2 max per term
Registrarial and student service fee: $46.20 max per term
Student technology fee : $12.60 max per term
Students’ Association fees
Health and dental plan : $386.00 per year
Students’ Association : $70.00 per term
U-Pass : $182.50 per term
Legal plan : $20.75 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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