ECON201 Principles of Microeconomics

(SOCIAL SCIENCE) Introductory microeconomic theory emphasizes the central goal of microeconomics: efficient decision-making choices involving scarcity. The topics of markets, demand-supply relationships, role of government, choices made by consumers and firms, market structure, and factor markets are included. The lives and works of important economists are also studied. Open to freshmen; may be taken before or after ECON202. Fall, Spring.