This is an introductory analysis of contemporary economic institutions and the application of micro-economic theory to current Canadian economic problems. The course will consider economic theories of production, consumption and exchange, price determination and the role of competition. Note: Students may not hold credit for this course and ECON-1104(3) or ECON-1106(3). Restrictions: Students may not hold credit for this course and ECON-1104 | ECON-1106. Restrictions: Students may not hold credit for this course and ECON-1106 | ECON-1104.