PRINCIPLES OF MICROECONOMICS This course examines the behavior of individual decision makers,…

Catalog description

Topics include choices of how much to consume and to produce, the functioning of perfectly and imperfectly competitive markets, the conditions under which markets may fail, and arguments for and against government intervention. The student applies the fundamental tools of economics to real world problems. (Prerequisite: GPA greater/equal to 2.6; OR Next Gen Rdg score greater/equal to 250 AND Writing score greater/equal to 237; OR ACT Rdg score greater/equal to 15 AND English greater/equal to 15; OR 10-831-107, College Reading and Writing with a B or better.)