ECON 205 - Principles of Microeconomics

3 Credit(s)

A study of supply and demand in the context of consumer preferences and the theory of the firm.

Prerequisite(s): MATH 075.

General Education Course - Liberal Arts Core - Business
Course Frequency: F, S

Grading Method: Student option.

Learning Outcomes:

Describe the economic conditions of the market.

Illustrate the demand, the supply, and the market equilibrium.

Illustrate allocative efficiency and competitive equilibrium.