The traditional way of teaching economics is deductive, explains Lars Osberg, Chair of the Economics Department. You start from first principles and talk ideas out logically. In this method, students learn how economic theory fits together.
“We try to have a mix of classes: some of which are deductive, and some of which are more inductive or problem-oriented,” he says. Combining these two approaches is what we aim for in an economics education at Dalhousie.
Inductive classes are thematic. Take global warming, for example. It's a huge problem for humanity, so how would we approach it as economists? In ECON 2850, students learn to develop the tools to analyze this problem.
The classes we offer reveal a comprehensive strength of the program, reflecting a faculty with a wide breadth of expertise that can cater to your interests.
ECON 2213Emerging Giants: the Economic Rise of China and India
The class examines the economic history, current issues and future trends of China and India, answering such questions as: What explains China's and India's growth? How is climate change affected by this growth? Must growth lead to rising inequality? Is democracy required for development?
Prerequisites: ECON 1101, ECON 1102
ECON 3317Poverty & Inequality
Why are some people poor, while others are rich? Why do some nations have more poverty or inequality than others? What can or should be done? This class examines the extent of poverty and inequality in contemporary societies, and the theories underlying alternative measures and explanations.
Prerequisites: Approved with Canadian Studies. The student is advised to take ECON 3315 before taking ECON 3317.
ECON 3326Money & Banking
The class concerns the nature and operation of the financial system, with particular reference to Canadian experience. It deals with financial instruments (including money) and institutions and the social control of the supply of money and credit.
Prerequisites: Approved with Canadian Studies. ECON 2201.