BU 205 - Principles of Economics I

Institution:

Caldwell University

Subject:

Description:

This course introduces students to the fundamentals of microeconomic theory. It deals with the behavior of individual economic units that are small in relation to the national economy as a whole. The course explains how these units- consumers, workers, investors, owners of land, business firms-make their decisions, how they interact to form larger units, called markets and industries. A thorough survey of market failure and government failure will also be covered. Prerequisite: MA 112 (or other equivalent math core).

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.caldwell.edu

Phone Number:

(973) 618-3000

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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