ECO-203

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Principles of Microeconomics

EconomicsUndergraduateHumanities, Business, & Social Sciences

Explain the economic concepts of supply, demand and market equilibrium

Discuss the impact of the resource market on the economy

Explain the role of the government in the development of economic systems

Critique and assess the efficiency and pricing behavior of different market structures.

Introduction to Economics and the Economy

The Nature and Method of Economics

The Economizing Problem

The Market System

Elasticity of Demand and Supply

Consumer Behavior and Utility Maximization

The Cost of Production

Pure Competitive

Pure Monopoly

Monopolistic Competition and Oligopoly

Price, Quantity, and Efficiency