Course: ECON 160. Principles of Microeconomics (3)
Prerequisite: Qualifying scores on ELM and EPT or exemption, or satisfactory completion of appropriate developmental courses. Introduction to economics as it applies to the functioning of markets, businesses and households. The class examines how individuals make decisions about how to use scarce resources efficiently and how these decisions affect markets and the overall economy. Effect of government policies on the functioning of markets also is examined. (Available for General Education, Social Sciences.)