ECON1023 — Microeconomics
ECON 1023 - Microeconomics ECON 1023 - Microeconomics Hours/Week: Lecture 3 Lab 0 Course Description: This course is an introduction to microeconomics. It emphasizes the price system, production costs, income distribution, and market structures. The impact of international economics will also be discussed. This course has broad general education applications but is especially appropriate for economics, accounting, and business majors. MnTC Goals 5 History/Social/Behavioral Science Major Content Antitrust and regulation Consumer choice theory Economies in transition Environmental economics Growth and developing countries Income distribution, poverty, and labor market discrimination International trade and finance Labor markets: labor demand and labor supply and wage determination Market demand and supply Markets in action Monopolistic competition and oligopoly Monopoly: structure and anti-trust policy Perfect competition Price elasticity of demand and supply Production costs Learning