ECO 150 - Principles of Microeconomics 3.00 Formerly so 2113

Institution:

Middlesex Community College - Massachusetts

Subject:

Description:

An introduction to the organization and operation of a market economy with the focus on how it allocates society's scarce resources. Consumer demand and profit maximizing behavior of the business firm are analyzed. Price and output decisions under conditions of competition are examined. Public policy issues include price ceilings and floors, competition, monopoly, organized labor and the government's role in the market economy. Prerequisite: ECO 140 (SO 2111). General Education Electives: Social Science Intensive Values: Values/Ethics/Social Policy

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.middlesex.mass.edu

Phone Number:

(978) 656-3200

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Semester

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