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ECO-251 Principles of Microeconomics
This course introduces economic analysis of individual, business, and industry in the market economy. Topics include the price mechanism, supply and demand, optimizing economic behavior, costs and revenue, market structures, factor markets, income distribution, market failure, and government intervention. Upon completion, students should be able to identify and evaluate consumer and business alternatives in order to efficiently achieve economic objectives.
The following courses must be completed prior to taking this course:
Take DRE-097 or ENG-002, Take DMA-010 DMA-020 DMA-030 or MAT-003
Offered: Fall, Spring, Summer