ECON 2120 - Principles of Microeconomics

Analysis of perfect and imperfect markets, including the behavior of producers and consumers. Topics include price and income elasticity, public and private goods, income distribution, market structures, production costs, resource allocation, comparative advantage and current economic problems.

Location: B/L/M
Credits: 3
Classroom Lecture Hours: 45
Lab Hours: 0
Prerequisite(s): It is strongly recommended to complete Macroeconomics ECON 2110, and have a strong college level math and accounting background before taking this class.