Nov 24, 2024  
Undergraduate Catalog (ARCHIVED) 2020-2021 
    
Undergraduate Catalog (ARCHIVED) 2020-2021 [ARCHIVED CATALOG]

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ECON 201 - Principles of Microeconomics

3 credits
Principles of microeconomics studies basic economic concepts as they relate to consumer, worker, and business decisions. Emphasis is given to satisfaction maximizing behavior by individuals and profit maximization by firms. Market structures are thoroughly analyzed regarding their effect on price, output, and competitiveness.



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