Principles of Microeconomics - Honors

Catalog description

Common Course Numbering Language: An introductory course using microeconomic models to understand individual decisions by consumers and firms, market outcomes including market failure, elasticity, market structures, labor markets, inequality, and the impact of government policies. This is an honors course. IVC Details: ECON C2001H is an intensive introductory course that employs higher order thinking skills which include analysis, interpretation, and evaluation of texts and outside readings. It also uses applied mathematical and graphical analysis techniques to evaluate economic decisions and policies. The primary areas of focus include scarcity, resource allocation, decision-making of individuals and firms, markets prices, industrial organization, marginal analysis and maximization, resource markets, and evaluation of government economic policies. The course is enriched by smaller class size, additional analytical techniques, and an expanded range of topics. Credit may be earned in either ECON 2001 or 2001H, but not both. C-ID: ECON 201. Formerly ECON 1H.