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BUS206 — Microeconomics

3 credits · 3 hours

BUS 206 - Microeconomics BUS 206 - Microeconomics Study of how individuals make consumption decisions and firms make production decisions and how those decisions determine the allocation of scarce resources in product markets and resource markets. Course covers: price elasticity; consumer choice and demand; firm’s production and costs; perfect competition; monopoly; market failure; externalities; public goods; income distribution; income redistribution; and poverty. ECN 2202 Prerequisite: Appropriate score on placement exam, or successful completion TRM 091 or higher Corequisite: BUE105 or ENG101 (previous or concurrent) Search Course Schedule for availability

Prerequisites: TRM091

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