ACC818

ACC 818 — Economics

McMaster Continuing Education economics course (Winter 2025 self-study version of materials, completed 2023). Covers both microeconomics (Modules 1–6) and macroeconomics (Modules 7–12). Archived — kept as a reference layer for any economics question that comes up in the BComm program.

Structure

Half	Focus	Modules
Microeconomics	Individual markets, firms, prices	1–6
Macroeconomics	Economy-wide aggregates, policy	7–12

Modules

#	Topic	Summary
1	Economic Issues and Concepts	ACC818-Module1
2	Demand, Supply and Price	ACC818-Module2
3	Elasticity	ACC818-Module3
4	Price Controls, Market Efficiency & Short-Run Production	ACC818-Module4
5	Competitive Markets	ACC818-Module5
6	Imperfect Competition	ACC818-Module6
7	What Macroeconomics is All About	ACC818-Module7
8	The Measurement of National Income	ACC818-Module8
9	Adding Government & Trade to the Simple Macro Model	ACC818-Module9
10	Money and Banking	ACC818-Module10
11	Money, Interest Rates & Economic Activity	ACC818-Module11
12	Monetary Policy in Canada	ACC818-Module12

Connections to Other Courses

• ADMN 201 — overlap on financial system, banking, money & credit (Ch 13–14). The macro half here gives more depth on the Bank of Canada, monetary policy, and AD/AS than ADMN 201 covers.
• ACC 926 — accounting concepts of cost vs. economic concepts of cost (Module 4) connect to financial-statement framing.