ECON 101 - Principles of Microeconomics

Credits 3
An introduction to microeconomics. Topics generally include supply, demand and equilibrium; opportunity cost and scarcity; consumer theory; costs and profit maximization by firms; competition; effects of government policies such as price ceilings, price floors and taxes; and the way various markets operate, such as markets for labor, consumer products and loanable funds.
May not be audited.