Microeconomics

Catalog description

This course consists of microeconomic principles and issues. Course content examines and analyzes demand and supply elasticities and efficiency of the market equilibrium. In addition, the costs of production and the four basic market models of firms’ short-run and long-run operations are discussed. Other topics covered include pricing strategies, market failures and government policies to resolve them. Prerequisite(s): MATH1002 or math placement. Offered at Charlotte, Online, Providence 3 Semester Credits