ECON 3 Principles of Microeconomics (3)
Credit, Degree Applicable
P/NP Available
PREREQ.: MATH 40 or placement in MATH 60 or other demonstration of exit skills
ADVISE: ECON 1; and MATH 60 or placement in MATH 90
General principles and terminology of economics, with emphasis on microeconomics. Supply and demand theory, utility, elasticity, production, costs, revenues, market structures, income distribution, market failures and government policy, and international trade.