ECO222 — Principles of Microeconomics
This course analyzes the economic decision-making of households and firms under the limitations of scarce resources. Fundamental concepts of economics including demand, supply, market equilibrium, elasticity, consumer utility, and the behavior of firms will be discussed and analyzed. The production decisions of firms will be evaluated under different market structures including perfect competition, monopoly, monopolistic competition, and oligopoly.
Prerequisites: MTH-102, MTH-105, AOS-122
Part of
- Associate in Engineering Science (Plan 12AB- Engineering and Computer Science)
- Computer Information Technology A.S. (Plan 11AB-CIT)
- Business Administration A.A. (Plan 13AB-BUS)
- Economics A.A. (Plan 13AB-ECO)
- Computer Information Technology A.A.S. (Plan 22DC)
- Accounting A.A. (Plan 13AB-ACC)
- Business Administration A.A.S.(Plan 22BN)
- Social Work A.A. (Plan 13AB-SWK)