ECON 1014


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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 1014 Principles of Microeconomics: Critical Perspectives

This course is open to all students except those whose programs require ECON 1013 or 1073.

Credit Value:

Three (3) credit hours

Course Description:

This course is an alternative introduction to microeconomics. The aim is to be less comprehensive than ECON 1013, but to go deeper into the core topics to provide a more thorough critical perspective.  In the process, the political and philosophical ideas underlying conventional economic conclusions are examined. The limitations of conventional economic reasoning, and the biases that may exist, are exposed.

Both ECON 1013 and ECON 1014 provide good foundations in the principles of economics, and are necessary to take third and fourth year courses. For those interested in politics, sociology, or a critique of conventional economics as it is taught and practiced today, ECON 1014 is recommended. 

Students with credit in ECON 1001, 1013 or 1073 may not take this course for credit. 

Prerequisite: None
Course Author:

Dr. Anthony Myatt, Department of Economics, University of New Brunswick.

Course Features:

The materials for the course consist of lecture notes, self-testing materials (questions, tests and assignments) and testing over the web. There is also a textbook.

Course Format:

The material is organized into the following chapters:

  1. What is Economics? Where you start influences where you go.
  2. Introducing Economic Models
  3. How Markets Work (in an imaginary world)
  4. People as Consumers
  5. The Firm
  6. Market Structure and efficiency – or why perfect competition isn’t so perfect after all.
  7. Externalities and the Ubiquity of Market Failure
  8. Public Goods
  9. Efficient Markets and the Great Financial Meltdown
Course Texts:

The Economics Anti-Textbook: A Critical Reader’s Guide to Microeconomics, by Rod Hill and Tony Myatt, Zed books, 2010.

Assignments & Examinations:

Course work consists of three components: written homework, quizzes, and tests.

Chapter Quizzes (11 @ 2% each) 20%
Comprehension quizzes on 4 assigned readings 10%
Midterm (taken after chapter 5) 20%
Final Exam, scheduled by CEL (online) 50%
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.