ECON 202: Principles of Microeconomics (XS)

Course Description

Microeconomics is the study of markets at both the industry and consumer levels. The course examines competition and cooperation between individual firms in their pursuit of profit and covers such related topics as elasticity, efficiency, supply, demand, taxes and market structures. In addition to firms’ choices about what to produce and what price to charge, the course also studies the behavior of consumers and explains the role of governments in preserving natural resources and providing public goods to society Not open to students who have completed Economics 319-499. Special fees may apply.