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): ACC Prerequisites: ENG 002 and ENG 011; MAT 003 and MAT 043 or MAT 052
Semester(s) Offered: F, S

Notes: This course has been approved to satisfy the Comprehensive Articulation Agreement general education core requirement in social/behavioral sciences.

This course has been approved for transfer under the ICAA as a general education course in Social/Behavioral Sciences.

This is a Universal General Education Transfer Component