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ECON 102 - Principles of Microeconomics |
An introduction to the behavior of individual decision makers, particularly consumers and firms, who must make choices under conditions of economic scarcity. The course focuses on how markets work to allocate resources, how households maximize their satisfaction from consumer opportunities subject to an income constraint, and how firms organize production and measure costs in order to maximize profits. Related topics include comparative advantage and trade, competition and monopoly, government regulation, and labor markets.
1.000 Credit hours 4.000 Lecture hours Levels: Non-Matriculated, Post-Baccalaureate Tchr Lcnse, Undergraduate Schedule Types: Lecture Accounting, Economics, Finance Department Course Attributes: Dv1_DomainGenEd-Domain III-B, Undergraduate Level Course, Lrng Objective 03, Lrng Objective 07 |