ECON 1023


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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 1023 Introduction to Macroeconomics
Credit Value: Three (3) credit hours

Benefits of the course

  • It is a key theory course in an undergraduate economics degree.
  • It is often a required course for business degrees.
  • It explains the workings of the most-used model for explaining and predicting movements in key economic variables.
Course Description:

Economics divides itself into two halves: micro and macro.  Macroeconomics is the study of larger chunks of reality than microeconomics, aggregates such as a country’s gross national product, its rate of inflation, and its unemployment rate. The standard (‘neoclassical’) model is constructed to explain interest rates and exchange rates, and helps us understand how the government can stabilize the economy, and the limitations of government policy, in an increasingly globalized world. This model also helps us understand why some countries are rich and others are poor.

Prerequisite: Students with credit in ECON 1002, 1024 or 1073 may not take this course for credit.
Course Author:

Professor Tony Myatt, Department of Economics, 506-447-3208, email:

Course Features:

Online power-point lectures, links to other web sites, and self-testing engines. The textbook is a critical part of the necessary materials.

Course Format:

Fourteen chapters of the textbook, chapters 6 to 19 inclusive

Course Texts:

REQUIRED TEXT: Krugman, Wells, Au and Parkinson, "Macroeconomics: Second Canadian Edition", Worth Publishers, 2014.
ISBN-10: 1-4292-4006-7

Textbooks can be ordered from the UNB Fredericton Bookstore:
Assignments & Examinations:

All testing is done online.
There are three major components of the mark (based on quizzes and tests).

1. 14 quizzes, one at the end of each chapter. Each quiz is worth about 1.43% of the final mark, for a total of 20%.  [Three attempts on each quiz, the highest mark is the one that counts.]

2. Midterm test worth 20%. [One hundred questions in two hours, only one attempt.]

3. Final exam worth 60%. [120 questions in 150 minutes (2½ hours), one attempt, supervised.]

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.