ECO-212: Introduction to Microeconomics

Department
Credits 3.00
Academic Level
Undergraduate
Instructional Method
Lecture
Examines the manner in which prices are determined and limited resources are allocated efficiently through mastery of basic supply and demand. Considers the behavior of producers and consumers under various competitive conditions. Assesses the role of government in responding to market failures. Fulfills general education requirement in social science. [3 credits]