CCN: ECO2023

Title: PRINCIPLES OF MICROECONOMICS

Credit Hrs: 3.00


Description

An introductory course stressing microeconomic theories. Topics studied include the theory and application of supply and demand elasticity; theory of consumer demand, utility; production and cost theory including law of diminishing returns; the firm's profit-maximizing behaviors under market models ranging from pure competition to pure monopoly; the theory of income distribution; comparative advantage, trade policies exchange rates, and other international issues.


Prerequisite(s) :

Lec Hrs Lab Hrs Oth Hrs Fees
48.00 0.00 0.00