EC 201: Principles of Economics: Microeconomics

Credits 4
Course Adoption Date
Course Revision Date
Audit Available

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.

Course Outcomes

Upon successful completion, students will ne able to:

  • Think critically and formulate independent and well-considered conclusions about economic issues and
  • 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.

Equivalent placement test scores also accepted.

Grading Options
Letter Grades
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.