Feb 29, 2024  
2016-2017 Archived Catalog 
2016-2017 Archived Catalog

ECON-222 Principles of Economics (Microeconomics)

Credits 4 / 4 Contact Hours
Prerequisite: Placement into ENGL-100  (ACSR-100) or completion of RDNG-030 , ACLT-075  or ACLT-076  Prerequisite: ECON-221 
This course analyzes the behavior of individual decision-making units in the economy (particulary households resource suppliers and businesses) with an emphasis on how individual firms attempt to maximize profit under different competitive conditions. Additional topics include elasticity consumer behavior income distribution and poverty the demand for economic resources public choice theory international trade and finance and selected current topics.