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ECON 251G

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Microeconomics

School of Business and Industry (School) Undergraduate

Academic Level

Undergraduate

Course Title

Microeconomics

Description

This course deals with basic concepts of demand, supply, and their applications. It is primarily concerned with consumer behavior, production and pricing policies of the firm under different models i.e. perfect competition, monopoly, monopolistic competition, and oligopoly. It analyzes the resources pricing policies, unions, and labor markets. The role of government in correcting market failures is also examined. Analysis of current national economic issues is part of the coursework. Prereq. - ENGL 101. Also available through Online Learning. Core: WI, IL.

3

Repeatable for Additional Credit

No

Lecture/Lab/Other Ratio

3:0:0

Prerequisites and Corerequisites

Prerequisite: ENGL101

General Education Foundational Course Categories: Knowledge of Arts, Cultures and the Natural World

Writing Intensive (WI)

This course is an approved AA/AS elective

Yes

This course is an approved AAS elective

Yes

Honors Section Available

No