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: Successful completion of ENG 110 or ENG 160 and either MATH 098, MATH 099, MATH 106, MATH 120, MATH 150, MATH 152, MATH 156, MATH 158, MATH 160, MATH 162, MATH 216, MATH 220, MATH 260, or MATH 264 is REQUIRED.