ECO 251 - Prin of Microeconomics

3 Credit Hour(s)

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.

Contact Hours: 3
Class Hours: 3
Lab Hours: 0
Prerequisite(s): Local prerequisites: ENG 045 and MAT 025 or MAT 035 or MAT 110
Semester(s) Offered: F, S

Notes: This course has been approved to transfer as credit to the 16 North Carolina public colleges and universities, as well as some North Carolina private colleges and universities.
This is a Universal General Education Transfer Component (UGETC) course.