ECON 1013


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If you have previously registered in this online course and wish to register again, please contact us at 453-4646 to complete the registration process.

Course No. and Title:

ECON 1013 Introduction to Microeconomics

Students with credit in ECON1001 may not take this course for credit.

Credit Value:

Three (3) credit hours

Course Description:

This is a standard introductory microeconomics course, which serves as a prerequisite for most higher level economics courses. The objective of this course is to introduce you to basic principles of microeconomics which include demand and supply, pricing, market structure, government intervention, input markets and international trade. It is hoped that the ability to reason accurately and objectively about "everyday" economic problems and the development of a lasting interest in economics will be two valuable by-products of this basic objective.

Prerequisite: None
Course Author:

Dr. Weiqiu Yu, Departments of Economics, UNB, Fredericton

Course Features:

The course materials include learning objectives, power point lecture notes, self-testing materials, quizzes and tests.

Course Format:
  • The course covers 13 topics in 13 chapters:
    • The Economic Problem - Ch. 1
    • Demand and Supply - Ch. 2, 3
    • Elasticity - Ch. 4
    • Consumer Demand - Ch. 5
    • Costs of the Firm - Ch. 6, 7
    • Perfect Competition - Ch. 8
    • Market Failures and Government Intervention - Ch. 9
    • Monopoly - Ch. 10
    • Imperfect Competition - Ch. 11
    • Factor Market - Ch. 12
    • International Trade - Ch. 13
Course Texts:

Principles of Microeconomics, John Sayre and Alan Morris, McGraw-Hill Ryerson Liminted, ANY EDITION, ISBN: ISBN0070910677.

Textbooks can be ordered from the UNB Fredericton Bookstore:


Assignments & Examinations:

The final letter grade of this course is based on quizzes and tests. There will be 13 quizzes, one at the end of each chapter. The best ten will be counted with each worth 2% for a total of 20% of your final mark. There will be a midterm test (after you complete chapter 7) worth 10%. There will also be a supervised final exam, which covers the entire course, worth 70%. The final letter grade will be converted according to the following: A+ > 85, A > 79, A- > 74, B+ > 71, B > 67, B- > 64, C+ > 59, C > 50, D > 40, and F < 40.

Chapter Quizzes 20%
Midterm Test (After Chapter 7) 10%
Final Exam (Online) 70%
Total Marks 100%

All mid-term exams and final exams for online courses will be invigilated at an approved time and location. Please refer to the Online Exam Request Form to book.

Time Limit: 6 months from registration date. All course exams and/or assignments must be completed by the designated end date of your course.

Online courses are subject to an additional $100 non-refundable online fee per course. Fees are subject to change by the Board of Governors.
More information on fees for this course.

Methods of Payment:

Once you complete the Apply Now form below, please send payment. Methods of payment accepted:
Cash (Do not send in the mail. Please deliver to the College of Extended Learning, 2nd Level, Wu Centre, UNB Fredericton Campus)
Cheque or money order (Mail to UNB College of Extended Learning, PO Box 4400, Fredericton, New Brunswick, E3B 5A3)
MasterCard / VISA / American Express (Please call the College of Extended Learning at 1-866-599-4646  or 506 453-4646 with your credit card number, expiry date, and the name as it appears on the card. Please do not send credit card information via email).

Apply Now!
If you have previously registered in this online course and wish to register again, please contact us at 453-4646 to complete the registration process.