ECO 102 - Principles of Microeconomics

This course introduces the economic choice behavior of individual households, business firms, and resource owners. Topics include resource allocation, consumer equilibrium, supply and demand analysis, cost analysis, price and output determination under different market structures, factor price determination, and labor markets. Also includes application of microeconomic analysis to current economic problems including energy, pollution, discrimination, and urban change. Course Typically Offered: Every semester.

Prerequisite(s): None.

Credits: 3