2014-2015 Academic Catalog 
    May 25, 2024  
2014-2015 Academic Catalog [ARCHIVED CATALOG]

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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 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:

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

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