ECO 103◊ Microeconomics

3 credits

Last Update Effective: 8/21/16

Introductory concepts of principles of microeconomics, which deals with the individual parts of the economy. An overview of microeconomic topics; market supply and demand, theory of consumer behavior, price elasticity, business firms, competition, monopoly and market structures, price floors and ceilings, and labor market, poverty, and the distribution of income.

Lecture: 3 hours — IAI: S3 902