ECO 202 - Principles of Microeconomics: SS1

Credits: 3(3-0)

Studies the firm, the nature of costs and how these relate to the economy as a whole. Analyzes economic models of the consumer, perfect competition, monopoly, oligopoly, and monopolistic competition. Explores economic issues including market power, population growth, positive and negative externalities, income distribution, poverty and welfare, discrimination, and international economic interdependence. Prerequisite(s): Accuplacer RC 80 or Higher or SS 95 or higher, or ACT/SAT Scores that exempt the student from Accuplacer testing, or successful completion of CCR 092 with grade of SC or higher.