ECON212 Principles of Microeconomics
Knowing how the economy actually operates is critical for success in any career and as an educated person. Every day, the "economy" is in the news, governing what happens in politics, in the workplace and in the quality of individual lives. This course will examine the tools of economics as they apply to the operation of a market economy. It covers supply and demand analysis, consumer behavior, the economic nature of production—including costs and profits. The behavior of firms in competitive and monopolistic environments will be studied, as well as income distribution and the effects of government intervention on the free market system. Students will have a new perspective and deeper ability to understand the impact of current news events as they impact everyday problems and situations as well as be able to see their own economic behavior with a fresh perspective. This topic applies to all career areas, not just to business.
Corequisite
None
Distribution
General Education