Course: ECON 160. Principles of Microeconomics (3)
Prerequisite: Qualifying scores on ELM and EPT or equivalent* 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.)
*Effective Fall 2018, the ELM and EPT Exams have been replaced with Multiple Measures Assessment.