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EC 201 Introduction to Microeconomics

Introduces the theory of relative prices in a market system, consumer choice, marginal analysis, and the allocation of productive resources among alternative uses in a market economy. Other topics may include market power and price discrimination, public finance, the labor market and environmental policy.

Credits

4

Prerequisite

Prerequisite: MTH 111 with a grade of C or better.

Notes

Lower Division Transfer (LDT) Course

General Education Requirements

AGS Social Science, AS Social Process/Institution, AAOT Social Sciences, AS Liberal Arts Core 4,

Outcomes

Awareness of appropriate sources for economic data. Understand problems of choice and allocation. Knowledge of how markets work and predict changes. Marginal analysis.