ECON& 201 - Microeconomics

5.0 Credits
Study of optimization behavior by consumers, producers, and government in the global marketplace. Resource allocation, exchange, and income distribution are all related to personal incentives (was ECON 201). Prerequisite: MATH 090 and ENGL& 101 (was ENGL 105) each with a grade of 2.0 or higher.

Course Objectives
Upon successful completion of this course, students will be able to:

Construct graphs and analyze their economic implications. [REASON].
Describe the impact of supply and demand on a variety of situations. [COMMUNICATE]
Calculate how firms maximize profits under the different types of market structures. [REASON]
Analyze current events in the media. [REASON]
Apply various market theories to a broad range of issues such as health care, agriculture, foreign trade, and labor markets. [REASON]