EC 201 : Principles of Economics: Microeconomics

Introduces the principles of microeconomics. Enhances the ability to recognize and analyze economic problems in the United States. Covers the American microeconomic system, which includes a familiarization with the basis of the price system and resource allocation; the operation of the firm; market concentration; regulation and antitrust policies.

Prerequisites

Equivalent placement test scores also accepted.

Recommended Prerequisites:

Course Outcomes

Upon successful completion, students will ne able to:

  • Think critically and formulate independent and well-considered conclusions about economic issues and
    policies.
  • Effectively participate in the political process and the economy by utilizing an understanding of the historical
    evolution of economic systems, institutions and ideologies.
  • Make rational decisions based on rudimentary marginal analyses.
  • Understand market structures and market power.

Additional Information

This course fulfills the following GE requirements: Social Sciences/ASOT-B, Social Sciences/AAS, Social Sciences/AGS, Social Sciences/AS, Social Sciences/AAOT.

Course Adoption Date

Course Revision Date

Overview

Program

Credits

4

Grading Options

Letter Grades

Audit

Audit Available