ECO 202 Principles of Microeconomics

3 credits
Lecture: 3 per week

Introduces the basic concepts of microeconomics. Explores the free market concepts with coverage of economic models and graphs, scarcity and choices, supply and demand, elasticities, marginal revenues and costs, profits, and production and distribution. Develops an appreciation of how these economic concepts apply to consumer and business decisions, and their effect on the individual. Transfer Virginia