2018-2019 Catalog Winter Update [Archived]

ECO 202 Microeconomics

(Contact Hours: 3) This course surveys basic microeconomic theories and applications. Microeconomics is the study of how consumers, workers, firms, and government behave with respect to the choices each must make. The course centers on price and output determination in a market system. Related topics include: consumer choice, cost behavior, competition versus monopoly, and resource markets. PREREQUISITE: Math -- SAT: 27.5, ALEKS: 46, Accuplacer (Algebra): 85, NextGen Accuplacer (Quantitative Reasoning): 265, ACT: 22, COMPASS (Algebra): 65, or MATH 116 is REQUIRED. Successful completion of ENG 110 or ENG 160 is also REQUIRED.