ECO 110 - Micro-Economics
An introduction to key economic concepts which relate to the market mechanism, supply and demand, the allocation of scarce resources, consumer behavior and the behavior of firms. We all live in a world where choices are made and those choices always involve economic costs and consequences.
3 Class Hours
Satisfies the Civic Education requirements
Learning Outcomes of the Course:
Upon successful completion of this course the student will be able to:
1. Demonstrate an understanding of and apply an economic perspective.
2. Describe the operation of the market system.
3. Identify how market prices are determined.
4. Identify various market structures.
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