General Catalog 2021-2022 
    
    Nov 26, 2024  
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General Catalog 2021-2022 [ARCHIVED CATALOG]

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ECO 251 - Prin of Microeconomics

Class Hours: 3 Lab Hours: 0 Credit Hours: 3
(College Transfer–UGETC: Social/Behavioral Sci - AA/AS)
Prerequisites: None
Corequisites: None
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. This course has been approved for transfer under the CAA and ICAA a general education course in Social/Behavioral Sciences.


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