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Apr 19, 2024
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BUS 206 - Microeconomics
 ECN 2202
Prerequisite: Multiple measures discussion, or appropriate score on placement exam, or completion of PCS 021 , TRE 089 , and or higher
Description: Study of how individuals make consumption decisions and firms make production decisions and how those decisions determine the allocation of scarce resources in product markets and resource markets. Course covers: price elasticity; consumer choice and demand; firm’s production and costs; perfect competition; monopoly; market failure; externalities; public goods; income distribution; income redistribution; and poverty.
Credits: 3
Lecture Hours: 3
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