• ECON 2020 MICROECONOMIC PRINCIPLES

    This course discusses the basic economic principles related to the behavior of individual agents. the main topics include the following: 1) Opportunity Cost, 2) Demand and supply analysis, 3) consumer theory, 4) Production and costs, 5) Profit maximization, 6) Market structure ( perfect comptetition , monopoly, monoplistic competition, and oligopoly), 7) Market failure and the distribution of income ad 8) International trade and exchange rates. Prerequisite: MATH 1060
    Credits: 3
    Prerequisites: Must Pass FYF-Advanced Algebra Test OR MATH 1060 Minimum Grade of D OR MATH 106 Minimum Grade of D OR WPS 1060 Minimum Grade of D
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