7.1.1 GRADUATE FACULTY
Gillen, William John; B.A. (Assumption), M.A. (Toronto)—1959.
Guccione, Antonio; Laurea (Palermo), Ph.D. (California)—1967.
Charette, Michael F.; B.A., M.A. (Windsor), Ph.D. (Western Ontario)—1976. (Head of the Department)
Meng, Ronald; B.Sc. (Trent), M.A., Ph.D. (Carleton)—1987. (Head of the Department)
Anglin, Paul; B.Sc. (Toronto), M.A., Ph.D. (Western Ontario) 1988.
Fan, Yanqin; B.Sc. (Jilin), M.A., Ph.D. (Western Ontario)—1989.
Gencay, Ramazan; B.Sc. (Middle East Tech. U., Ankara), M.A. (Guelph), Ph.D. (Houston)—1991.
Wen, Quan; B.Sc. (Jilin), M.A., Ph.D. (Western Ontario)-1991
Suh, Sanq-Chui; B.A. (Korea), M.A. (Taiwan), Ph.D. (Rochester)-1994
1) A student with an honours Bachelor's degree in Economics or its equivalent, with at least a major average of B, may be admitted to a minimum one-year Master's program. Applicants are expected to have completed one course in each of calculus, linear algebra and statistics. Applicants who have not completed the above mathematics requirements are encouraged to do so prior to beginning their graduate course work.
2) A student with a general degree, or an honours graduate in another discipline, with at least a B standing, may be admitted to a minimum two-year Master's program.
1) Students in the two-year program are required to take a make-up or qualifying year in their first year of the M.A. program. Selection of courses is to be made in consultation with a departmental graduate advisor.
2) Students in the one-year M.A. program (Candidate year) are required to complete:
(a) eight graduate courses and a major paper normally to be in conjunction with one of the courses;
(b) at least one course in microeconomics, one in macroeconomics and one in econometrics. Students intending to enter a Ph.D. program are advised to take 41-501, 41-502, 41-503, 41-504, 41-541, and 41-542.
All courses listed will not necessarily be offered in every term. Courses are normally three hours a week.
An intensive review of the theory of the firm and consumer theory.
An intensive review of theories of the determination of aggregate output, employment and price level.
Additional topics in microeconomic theory.
Additional topics in macroeconomic theory.
An introduction to the problem of international trade goods and services, and the related issues of exchange rate determination and balance of payments control.
The demand and supply analysis; human capital; trade unions and collective bargaining; wage structures; labour mobility.
Employment and unemployment; wage adjustment; distribution of income; selected policy issues.
This course covers the problems of social choice and institutions of collective decision making. Applications may include topics such as evaluating public sector projects and the response to externalities.
A theoretical and empirical analysis of firms and markets.
The general linear model, selected single equation problems, and an introduction to simultaneous equations methods.
Additional topics in econometric theory (Prerequisite: 41-541.)
The specification, estimation and testing of economic models. Emphasis will be on the classical linear regression model, the implications or violations of its basic assumptions and diagnostic testing. (This course is not intended for students who take 41-541.)
A survey of recent developments in the theory of money and monetary control of an economy, in addition to selected topics.
Selected topics in public expenditure theory such as public goods, externalities, public choice, and bureaucratic behaviour.
Optimal taxation, efficiency, equity, and fiscal effects of taxes; tax structure, user charges, government debt and borrowing.
A review of selected theoretical and policy issues based upon recent literature on the economic growth and development of less-developed economies.
This course studies the problems associated with significant changes in the economic organization of an entire economy. Possible topics include the role and effectiveness of common incentive systems and the effects of an entrenched bureaucracy.
A review of game theory showing how strategic reasoning can be used as a tool in decision theory. Topics include solution concepts for Normal form and Extensive form games, plus applications.
The formal properties of selected economic models. Includes an examination of the problems of existence, uniqueness and stability of solutions.
An examination of the most recent literature on one or two selected topics in theory.
Theoretical and policy issues relating to large regions, including, for example, distribution of wealth, distribution of productive resources, and migration.
Theoretical and policy issues relating to urban areas, including, for example, urban growth and land use.
Research and reading course in a selected field approved by the Department.
Students are expected to attend the major paper seminar in at least two terms.
Undergraduate senior courses, which may be assigned at the discretion of the Department Head to form part or all of the requirements for the first year of the two-year graduate program, may be found in the Undergraduate Calendar (see 4.5.3).