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Institution:
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Allegheny College
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Subject:
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Description:
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An exploration of the fundamentals of market force through an illustration of the buyer-seller relationship. In particular, the objectives of these interacting individuals and the means by which they attain these objectives will be described to reveal the potential gains to both the buyer and the seller. Variations in the behavior of producers in different environments (ranging from competitive to monopolies) are analyzed. The process through which prices of goods are determined will be part of all applications. constitutes an introduction to microeconomics.
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Credits:
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4.00
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Credit Hours:
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Prerequisites:
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Corequisites:
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Exclusions:
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Level:
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Instructional Type:
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Lecture
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Notes:
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Additional Information:
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Historical Version(s):
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Institution Website:
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Phone Number:
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(814) 332-3100
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Regional Accreditation:
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Middle States Association of Colleges and Schools
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Calendar System:
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Semester
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