EC 102 - Microeconomics

Institution:

Fisher College

Subject:

Description:

A study of the basic institutions and principles essential to an understanding of an economic system. In microeconomic terms, such concepts as a fi rm's basic costs, revenues, and potential profi t and loss are considered. Each of the four market conditions-perfect competition, monopoly, oligopoly, and monopolistic competition-is analyzed, and its infl uence on a fi rm's prices and production level is explained. A library component is included.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.fisher.edu

Phone Number:

(617) 236-8800

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Semester

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