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Apr 25, 2024
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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.
Prerequisite: MATH 090 and ENGL& 101 (was ENGL 105) each with a grade of 2.0 or higher.
Course-level Learning Objectives (CLOs)
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]
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