Mar 28, 2024  
2011-2012 Undergraduate Catalog 
    
2011-2012 Undergraduate Catalog [ARCHIVED CATALOG]

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ECO 2020 - Principles of Microeconomics


Credits: 3 (3 + 0)

Prerequisite(s): Either ENG 1010 or the Level I Communications course; and satisfaction of the Level I Mathematics Requirement, or MTH 1120, or MTH 1320, or MTH 1400, or MTH 1410

An introduction to the principles of economics with an emphasis on individual economic units. Topics include: supply and demand - market outcomes and the impact of government interventions; consumer choice; production theory and economic costs, the theory of the firm; competition and monopoly; resource markets and factor prices; and the role of government in a market economy – the legal framework and property rights, economic efficiency, and competition policy, externalities and environmental protection, provision of public goods, and distribution of income and wealth. (General Studies—Level II, Social Sciences) (GT-SS1)



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