Core Requirements

The core of the program consists of four courses:

  • Microeconomics
  • Macroeconomics
  • Introduction to Business and Society, and
  • Intermediate Business and Society

and six specialized streams of study of which students are to choose two:

  • The Social Economy
  • Law and Governance
  • Business Ethics and Corporate Responsibility
  • The Global Economy
  • The Environment
  • The Firm and Organization

Within the core courses, capitalist business practices are critically examined, and a variety of responses and alternatives to these impacts are explored. The program core achieves this through four general areas of analysis:

  1. Modern economic history: students learn about the origins and development of capitalism and the rise to dominance of the corporation (from 1600 to the present).
  2. Ethics and normative philosophy: students are introduced to the main schools of thought in contemporary ethics and learn to assess the social impact of business practices according to the criteria of equity and social justice.
  3. Social scientific analysis: students learn to analyze from a variety of perspectives the nature of business and economic processes and their impact on society.
  4. Globalization: students are given a thorough overview of the ingredients of contemporary political-economic developments in the world, e.g. trade, development, labour, global governance, and resistance and alternatives to globalization.

In the streams, students specialize in the relations between and impact of business on an aspect of the social world.

In core and stream courses, students are strongly recommended  to take courses in ascending level. i.e., 1000-level before 2000-level courses, 2000-level before 3000-level courses, etc.

Required Courses

AP/ECON 1000 3.0 Introduction to Microeconomics
[Course credit exclusions: GL/ECON 2500 3.0, SB/INTL 1200 3.0.] [Note: Acceptable course substitutes are available in the Calendar.]
Introduces the principles and methods of economics with emphasis on microeconomic theory. Topics include general and basic concepts of demand and supply, utility analysis and demand, production and costs, pricing in competitive and monopolistic markets, and government regulation.

AP/ECON 1010 3.0 Introduction to Macroeconomics
[Course credit exclusions: GL/ECON 2510 3.0, SB/INTL 1210 3.0.] [Note: Acceptable course substitutes are available in the Calendar.]
Introduces the principles and methods of economics with emphasis on macroeconomic theory. Topics include basic models of national income and employment determination, fiscal policy, banking and monetary policy, the theory of international trade and finance, and contemporary macro-economic issues such as unemployment, inflation, and government budget policy.

AP/SOSC 1340 6.0 Introduction to Business & Society
[Course credit exclusions: GL/ECON 2500 3.0, SB/INTL 1200 3.0.] [Note: Acceptable course substitutes are available in the Calendar.] [PRIOR TO FALL 2009: Course credit exclusions: AK/AS/ECON 1000 3.0, AK/ECON 2410 3.0 (prior to Summer 1995), GL/ECON 2500 3.0, SB/INTL 1200 3.0.] This course introduces major themes in the field of business and society, including various theoretical approaches and concepts. Particular attention is paid to specific historical developments in the rise of the capitalist economy, and the social transformations associated with these developments.

AP/SOSC 2340 6.0 Intermediate Business & Society
[Prerequisites: AP/SOSC 1340 6.0. Course credit exclusions: None.] [Open to: Business and Society majors. Not open to: Non-BUSO majors, except by permission.]
An introduction to business and society studies, emphasizing the interaction of economic and social development globally and in the Canadian context, and introducing the perspectives of economics, mathematics and statistics, political science, psychology, labour studies and sociology.

For the Honours program Only:
AP/SOSC 4040 6.0 Issues in Business and Society
Course credit exclusions: None. PRIOR TO FALL 2009: Course credit exclusion: AS/SOSC 4040 6.0.[Pre-req. Sosc 1340 or Sosc 1349]

Note: With permission of the Program Co-ordinator, students can replace AP/SOSC 4040 6.0 with:
AP/SOSC 4043 6.0 Corporate Governance & Business Law
This course examines intersections between business and the law. Particular attention is paid to the nature of the firm and corporate governance, governance structures in a comparative context, and recent and controversial issues regarding the relationship between business and the law.
AP/SOSC 4044 6.0 Economics and Ethics
This course looks at the relationship between ethics and economics both in the historical development of the "political economy" and in modern "economics". Both symbioses and tensions between economics and ethics will be explored.
AP/SOSC 4045 6.0 Business, Communications and Society
This course is a critical analysis of the relationships among business, information and communications technologies, and communications media. Particular attention is paid to the importance of communications issues to the study of business and society, especially from the standpoint of ethical and policy analysis.
AP/SOSC 4047 6.0 The Business of Neoliberal Globalization
This course is designed for students taking the Global Economy stream in Business & Society. It introduces students to different theories of globalization and specifically to those theories based on free market ideology, politics and policies. It involves seminar-based and group-based learning as students evaluate the specific implications of neoliberalism to particular countries, industries and social groups. Course credit exclusions: None.
Open to: BUSO majors in Global Economy Stream (and other BUSO students with permission).