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.
Grading Basis
Course Attributes
This course satisfies LAT Req
Social Science
ECON 20809212
Academic Group
College Parallel
Academic Organization
School of Arts & Sciences
Enrollment Requirements
(NexGen Read 249+ or ACCP Read 65+ or ACT Read 15+ or Comms for Sector or Acad Read5/6) and (NexGen Arith 237+ or ACCP Arith 46+ or ACT Math 15+ or Math for Sector or Basic Alg).Coursework requires a BC or higher OR higher math course with a C or higher.
Typically Offered
Fall, Spring, Summer