ECO 2020Principles of Microeconomics

Catalog

Prerequisite(s): None General Studies: Social and Behavioral Sciences In this course, students apply economic principles to understand and analyze choices made by both individual actors and collective groups within the economy. Students are introduced to the 'economic way of thinking', enabling them to comprehend the complex actions and interactions among consumers, businesses, and the government. Integral to the course is the ability to identify both market and government failures, along with proposing potential solutions. Concluding the course, students will be able to analyze current events and evaluate economic policy discussions through the economic lens.