Nov 21, 2024  
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2024-2025 Academic Catalog

EC 201 - Principles of Microeconomics

Lecture Hours: 3
Lab Hours: 0
Credit Hours: 3

Principles of Microeconomics is an introduction to the study and critical analysis of the process by which individuals, firms and governments make choices and decisions as they allocate scarce resources. You will learn what a market is, how markets shape the world around us, how they work and how they fail, and how governments can make markets less or more efficient.