ECO 202 Principles of Microeconomics

3 Credit(s) CS

This course introduces students to microeconomic issues, including the use and limits of the supply and demand model, the role of prices in a market economy, theories of the firm and individual behavior, competition and monopoly, and the role of government. Students will use economic tools to analyze economic and social problems and evaluate government policies. Three lecture hours per week. Required of all Economics majors and Business Administration majors. Elective for all other majors.
Prerequisite: Satisfaction of the Basic Math Competency requirement.