ECO 251 Principles of Microeconomics

This course introduces economic analysis of, individual, business, and industry in the market, economy. Topics include the price mechanism,, supply and demand, optimizing economic behavior,, costs and revenue, market structures, factor, markets, income distribution, market failure, and, government intervention. Upon completion,, students should be able to identify and evaluate, consumer and business alternatives in order to, efficiently achieve economic objectives.

Credits

3

Local Prerequiste

Take One of The Following Groups: Group 1: DMA 010 DMA 020 DMA 030 DRE 098 Group 2: ENG 095 DMA 010 DMA 020 DMA 030 Group 3: ENG 011 AND MAT 010 MAT 043 MAT 052 OR MAT 071 WITH MIN GRADE OF P1Group 4: ENG 045 AND MAT 045