5.0Credits Covers consumer and business interaction through markets. Public policies are also evaluated in terms of their impacts upon equity and efficiency. Prerequisite MATH 087 and ENGL& 101 each with a minimum grade of 2.0. Course-level Learning Objectives (CLOs) Upon successful completion of this course, students will be able to:
Construct graphs and analyze their economic implications.
Describe the impact of supply and demand on a variety of situations.
Calculate how firms maximize profits under the different types of market structures.
Analyze current events in the media.
Apply various market theories to a broad range of issues such as healthcare, agriculture, foreign trade, and labor markets.