Course Description
ECO 251 Prin of Microeconomics 3.0 0.0 0.0 3.0
Prerequisites: None
Corequisites: None
Start Term: 1997*02
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. This course has been approved to satisfy the
Comprehensive Articulation Agreement general education core
requirement in social/behavioral sciences.