Academic Courses
Course Descriptions
| Course | Course Title | Credit Hours |
|---|---|---|
| ECON 202 | Principles of Microeconomics | (4-0) 4 Cr. Hrs. |
Course Description
This course provides students with an introduction to the theory of consumer behavior, production theory, market structure in product and resource/factor markets and microeconomic policy.
Prerequisites
(A requirement that must be completed before taking this course.)
- MATH 053 or equivalent.
Course Competencies
Upon successful completion of the course, the student should be able to:
- Explain economics and its relation to the other social sciences.
- Explain the basic microeconomic concept.
- Illustrate graphs in economics analysis.
- Analyze graphs in economics analysis.
- Evaluate the role of rational self interest in microeconomic analysis.
- Analyze household behavior in product and factor markets.
- Analyze producer behavior in product and factor markets.
- Characterize the four basic market models.
- Prescribe microeconomic policy to both product and resource/factor markets.
- Appraise the situation of global poverty.
- Examine the distribution of income in the U.S.
- Investigate antitrust policy in the U.S. economy.
Note: This course may not be offered every semester.
Please check the ECON section of the current course schedule for availability.