ECO 207 - Microeconomics

Institution:

Allen County Community College

Subject:

Description:

This course introduces the student to the principles of economics and then examines the major concepts of microeconomics from an analytical standpoint. The course begins with an examination of basic economic principles, including supply and demand and a look at the major economic systems. Additional topics covered in this class include the economic theory of households and firms, the determination of equilibrium prices in various product markets, efficient allocation of resources, and distribution of income. The effects of microeconomic decisions on public policy will also be discussed. Agriculture students may take AGR 213 instead.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.allencc.edu

Phone Number:

(620) 365-5116 ext 100

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

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