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Prin of Microeconomics

Course Course Title Class Lab/ Shop Clinical/ Co-op Credit
ECO 251 Prin of Microeconomics 3 0 0 3
Prerequisites: RED 090 and MAT 070
Corequisites: None
Effective Term: Summer 1997

This course introduces economic analysis of individual, business, and industry choices in the market economy. Topics include the price mechanism, supply and demand, optimizing economic behavior, costs and revenue, market structures, factor markets, income distribution, market failure, and government intervention. Upon completion, students should be able to identify and evaluate consumer and business alternatives in order to efficiently achieve economic objectives. This course has been approved to satisfy the Comprehensive Articulation Agreement general education core requirement in social/behavioral sciences.

This Course can be found in these Programs of Study