ECO 251 Principles of Microeconomics

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. This course has been approved for transfer under the Comprehensive Articulation Agreement as a general education course in Social/Behavior Sciences. This course has been approved for transfer under the ICAA as a general education course in Social/Behavior Sciences. This is a Universal General Education Transfer Component (UGETC) course. This course is also available through the Virtual Learning Community (VLC).

Credits

3

Prerequisite

ENG 090 and RED 090; or ENG 095 or DRE 098 or ENG 002 (P2 grade); and MAT 060 or DMA 010-030 or DMA 025 or MAT 003 (P1 grade)

Corequisite

None

Offered

F, Sp

Contact Hours

3