ECON 200 - MICROECONOMICS
Long Title: MICROECONOMICS
Department: Economics
Grade Mode: Standard Letter
Language of Instruction: Taught in English
Course Type: Lecture
Distribution Group: Distribution Group II
Credit Hours: 3
Restrictions: May not be enrolled in one of the following Level(s):
Graduate
Prerequisite(s): (ECON 100 OR ECON 201 OR ECON 211) AND MATH 102
Description: Intermediate level analysis of theories of household behavior, including demand for consumer goods, labor supply, and savings/investment decisions, and producer behavior including the supply of output and demands for labor, capital and other production inputs. Emphasizes individual and interactive decision making under resource constraints. Analyzes equilibria in competitive and noncompetitive markets, and discusses topics in welfare economics. MATH 102 may be taken concurrently with ECON 200. Equivalency: ECON 301. Mutually Exclusive: Cannot register for ECON 200 if student has credit for ECON 301.