EC 202 Principles of Microeconomics

This course introduces microeconomic concepts such as supply and demand analysis, theories of the firm and individual behavior, competition and monopoly, welfare analysis, and labor market. Students will also be introduced to the use of microeconomic applications to address problems such as the role of government, environmental policies, insurance markets, and income distribution. 

A prerequisite to EC 203, EC 313, and EC 315

Credits

3

Prerequisite

MA 106 College Algebra or MA 109 Mathematics for Decision-Making or MA 110 Calculus for Decision-Making (MA 110 is encouraged for those considering graduate school)