EC-101

Course Number

EC-101

Course Name

Principles of Microeconomics

Course Credits

4.00-

Description

’Introduction to the organization and operation of a market economy with a focus on how it allocates scarce resources; the analysis of consumer demand and profit-maximizing behavior of business; examination of pricing and output decisions under conditions of competition, monopoly and imperfect competition in a global marketplace. Analysis of markets for labor and capital. Policy issues include price ceilings and floors, competition and monopoly. Required of all majors in Economics. Normally offered every semester.’


	EC-101 Course Number EC-101 Course Name Principles of Microeconomics Course Credits 4.00- Description ’Introduction to the organization and operation of a market economy with a focus on how it allocates scarce resources; the analysis of consumer demand and profit-maximizing behavior of business; examination of pricing and output decisions under conditions of competition, monopoly and imperfect competition in a global marketplace. Analysis of markets for labor and capital. Policy issues include price ceilings and floors, competition and monopoly. Required of all majors in Economics. Normally offered every semester.’