EC 202 - Principles of Microeconomics (3)

An introductory survey of economic principles relating to individual and firm choice within a market based economy. Topics include specialization, an overview of economic systems, a focus on supply and demand, an introduction to price determination and resource allocation, international trade, market failure and government corrective policies, firm market structure, cost and production, and labor markets. Prerequisite: MA 115  or higher. 2015 CORE: Exploration of Nature, Acquire. 2020 Core: Liberal Arts, Social Sciences. FA, SP.

MOTR ECON 102 - Introduction to Microeconomics