ECON 202 - Microeconomics

Institution:

Southwestern Michigan College

Subject:

Economics (ECON)

Description:

Prerequisite: Minimum grade of C in READ 100 or satisfactory test score; minimum grade of C in MATH 115 or MATH 101 or satisfactory test score. This course deals with the behavior of individual economic units such as the consumer, the business firm, or an economic sector. We discuss the basic market structures and how supply and demand interact to determine the prices of goods and services, labor, land and capital. Also discussed are profit maximization and the various economic models of competition, monopoly, monopolistic competition and oligopoly. [Semesters Offered: Fall, Winter]

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.swmich.edu

Phone Number:

(269) 782-1000

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

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