ECON 161 Microeconomics

Microeconomics fulfills the Social Science General Education requirement. This course provides an immersive view of the U.S. economy including supply and demand and government intervention. Learners will drive deep thinking and analysis of economic situations in business and personal applications. Students will learn to reason, decide and present microeconomic decisions through graphic and numeric media. Microeconomic topics include considerations of demand, market structure, cost of production, competition and regulation. Analysis includes allocation of scarce resources in various factor markets of land, labor, capital and entrepreneurship/technology, along with the redistribution of income by taxation and welfare programs.

Credits

3 credits

Offered

Fall, Winter, Spring