Description
Micro Economics
This course provides an introduction to basic economic principles with applications to current economic problems affecting individuals and businesses. The course begins with an in-depth analysis of the role of markets and prices in an economy, with emphasis on when markets work well and when they fail to yield the best outcome for the society. Topics include how individuals choose to best use their limited resources; the causes and consequences of poverty and the distribution of income and wealth; the behavior of businesses in setting prices and production levels; problems of monopoly power; wage determination in labor markets; and the economics of environmental challenges. This course is designed to meet the need for college transfer credit.
Details
Grading Basis
Official
Units
3
Course Attributes
This course satisfies LAT Req
Social Science
Offering
Course
ECON 20809212
Academic Group
College Parallel
Academic Organization
School of Arts & Sciences
Enrollment Requirements
(NexGen Read 243+ or ACCP Read 65+ or ACT Read 14+ or Acad Read 5/6 #77858752) and (NexGen Arith 237+ or ACCP Arith 46+ or ACT Math 15+ or Basic Algebra #74854780). Coursework requires a BC or higher. Higher math course with a C or higher may also count.