Principles of Microeconomics
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Overview
Description
This course analyzes the economic decision-making of households and firms under the limitations of scarce resources. Fundamental concepts of economics including demand, supply, market equilibrium, elasticity, consumer utility, and the behavior of firms will be discussed and analyzed. The production decisions of firms will be evaluated under different market structures including perfect competition, monopoly, monopolistic competition, and oligopoly.
Career
ACAD
Credits
Value
0
Max
3
Min
3
Course Count
1
Number Of Credits
3
Number Of Repeats
1
Repeatable
No
Generate Attendance
No
Auto Create
No
Code
LEC
Instructor Contact Hours
0
Default Section Size
35
Final Exam Type
Yes
Include in Dynamic Date Calc
Yes
LMS File Type
BKB
Name
Lecture
OEE Workload Hours
0
Optional Component
No
Workload Hours
3
Requisites
Free Form Requisites
Prerequisite: College Reading and Writing Readiness AND MTH 102 OR MTH 105 (C or better) OR higher level math course (C or better) OR AOS 122 (C or better) OR appropriate score on Math Placement Test OR appropriate score on Math ACT or SAT.