ECON 003 - Principles of Microeconomics

Lower Division

Introduction to the concepts and tools of microeconomic analysis. Microeconomics is concerned with individual economic units including representative consumers, firms and markets. Topics include resource allocation, income distribution and price, wage and quantity determination in competitive and noncompetitive markets. Micro-economic analysis is applied to selected current economic issues.

Core Curriculum Designation(s)
SHCU - Social, Historical, and Cultural Understanding

Course credits: 1