Principles of Microeconomics

Catalog description

Deals with the interactions between individual households and business firms. The concepts of supply and demand will be studied; students will learn what these concepts mean, how they operate, and how prices and quantities are determined. Market structure, market failure, international trade, and income distribution will also be considered. Honors Microeconomics in a Global World - Please contact the Honors Program at www.austincc.edu/honors for additional information. Principles of Microeconomics: Honors - Please contact the Honors Program at www.austincc.edu/honors for additional information.