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Oct 08, 2024
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Undergraduate Academic Catalog 2024-2025
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ECON 101 - Principles of MicroeconomicsCredits 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.
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