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Institution:
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Temple College
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Subject:
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Description:
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This course surveys the American economic system emphasizing choices made by consumers and firms and the impact that those choices have on specific markets in relation to the overall economy. Specific topics include:the economizing problem, prouction possibilities, international trade, demand and supply, elasticities, analysis of consumer choice, production and cost, wages and employment, interest rates and the markets for capital and natural resources, perfect competition, the monopoly model, monopolistic competition and oligopoly, public finance and public choice, and selected microeconomic applications. Specific topics are examined using basic methods of economics.
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Credits:
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3.00
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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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(254) 298-8282
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Regional Accreditation:
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Southern Association of Colleges and Schools
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Calendar System:
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Semester
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