Notice: K12 Prod, for accurate results please visit NorQuest.ca norquest.ca.

Choose a start date

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, Accounting Tech, Business Admin, and Open Studies


To take this course, you must be enrolled in one of the related programs:

Accounting Technician Arts and Sciences Diploma Business Administration Open Studies

Tuition and fees for 2023-2024 Open Studies

Tuition estimate + Fees estimate = Total estimate
One 3-credit course $495 $719.50 $1,214.50
See the detailed fees for this course
Digital resource fee: $7 max per term
Program and supplies fee: $24 max per term
Registrarial and student service fee: $41 max per term
Student technology fee: $12 max per term
Students’ Association fees
Health and dental plan: $386 per year
Students’ Association: $51.50 per term
U-Pass: $180 per term
Legal plan: $18 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 $719.50 $2,216.50
See the detailed fees for this course
Digital resource fee: $7 max per term
Program and supplies fee: $24 max per term
Registrarial and student service fee: $41 max per term
Student technology fee : $12 max per term
Students’ Association fees
Health and dental plan : $386 per year
Students’ Association : $51.50 per term
U-Pass : $180 per term
Legal plan : $18 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?

Request more information »