May 20, 2025  
2024-2025 Academic Catalog 
    
2024-2025 Academic Catalog
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ECON 0202 - Principles of Microeconomics (T►)


3 Credit Hours

This course is designed to familiarize students with the basic concepts, methods and theories in the field of economics. As a social science, economics is concerned with scarcity of resources (its central assumption) and all of the problems and concerns as a result. Beginning with an introduction to the field of economics, history of economic thought, economic theories and methodology, this course examines microeconomics topics such as consumer demand theory, utility analysis, production process, cost of production, market and market structures, competition and the notion of efficiency, wage determination, regulation, unionization, and selected contemporary issues.

Pre-requisites: None.



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