2019-2020 Academic Catalog

ECON 161 Microeconomics

Microeconomics fulfills the Social Science General Education requirement. This course provides an overview of the U.S. economy, including supply and demand and government intervention. Focuses on the microeconomic considerations of demand, market structure, cost of production, competition, and regulation. Explores the factor markets of land, labor, and capital, and addresses the redistribution of income by taxation and welfare programs.

Credits

3 credits

Prerequisite

ACC 101 (recommended)

Offered

Fall, Winter, Spring