ECON& 201 Microeconomics

Study of scarcity; the allocation of resources; supply and demand; production; market structures; determination of output and prices, with emphasis on a market economy; labor and capital markets; role of government in a market economy; comparative advantage; international trade; and distribution of income.

Credits

5

Prerequisite

Successful completion of MAT 099 with a minimum grade of C (2.0), or equivalent placement.