Nov 21, 2024  
2023-2024 Undergraduate Catalog 
    
Catalog Navigation
  Catalog Home

  Programs A-Z
  Programs by Type

  Academic Policies & Regulations
  Undergraduate Curriculum
  Course Descriptions

  Global Field Study
  Honors Program
  Interdisciplinary Programs & Courses
  Three-Year Degrees

  Accreditation
  Campus Map
  Disabilities Support Services
  Mission Statement
  Past Catalogs
  Student Handbook
  Academic Calendar
  Veteran’s Benefits
HELP
2023-2024 Undergraduate Catalog [ARCHIVED CATALOG]

EC 211 Principles of Microeconomics

(4 Credits)
This course is an examination of the theory of price. It surveys the concepts of supply and demand, utility, elasticity, cost, and production. It compares price determination in different markets, perfect competition, monopolistic competition, monopoly, and oligopoly. This microeconomics course focuses on the decision-making of the individual economic agent.

Prerequisite: Facility in working with quantitative material is required for this course. Such facility may be demonstrated by appropriate mathematics courses that were completed recently (MA 100 ), by a sufficiently high recent SAT or ACT score, or by a placement examination.