Course Description

Prerequisites: Social Studies 11 is strongly recommended.

This course is an introduction to economic theory, the Canadian economy and global trends. It deals with the economic relationships between nations. It covers topics such decision making economics systems, recessions, unemployment, inflation, foreign ownership, income distribution, the relationship between supply and demand, economics growth and international trade. EC 12 examines the roles of the major players on the economic scene: consumers, investors, business, labour and government. Students planning to enter the Faculty of Commerce/Business Administration in post-secondary studies will find this course very helpful.  Economics 12 is a university entrance approved course for most institutions in Canada.

Grade Level