ECO 251 — Principles of Microeconomics
This course introduces economic analysis of individual, business, and industry in the market economy. Topics include the price mechanism, supply and demand, optimizing economic behavior, costs and revenue, market structures, factor markets, income distribution, market failure, and government intervention. Upon completion, students should be able to identify and evaluate consumer and business alternatives in order to efficiently achieve economic objectives. This course has been approved for transfer under the CAA and ICAA as a general education course in Social/Behavior Sciences. This is a Universal General Education Transfer Component (UGETC) course.
Prerequisites: ENG 025, MAT 025, MAT 035, MAT 110
Part of
- Accounting and Finance, AAS
- Accounting and Finance Diploma
- Associate in General Education Program
- Business Administration, AAS
- Business Administration Diploma
- Early Childhood Education Licensure Transfer Track, AAS
- Early Childhood Education Non-Licensure Track, AAS
- Nursing, AGE
- Risk Management and Insurance, AAS
- Optional General Education Courses for AAS Programs
- Associate in Arts, AA
- Associate in Arts in Teacher Preparation, AA
- Associate in Science, AS
- Associate in Science in Teacher Preparation, AS