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Institution:
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Dowling College (Closed)
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Subject:
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Description:
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3 credits Introduces the basic principles of microeconomics, which is the study of individual markets and industries. Consumer behavior and the behavior of the firm under various competitive conditions are also studied. Covers theories of the determination of price and output in a market, the pricing and production decision by an individual firm, and the behavior of households with regard to their purchase decisions. The meaning of eco nomic efficiency and the conditions under which efficient market out comes can be attained are also examined. Anyone desiring basic microeconomic literacy would benefit from this course. Prerequisite: ECN 1001A. Offered: 2008 - 2010.
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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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(631) 244-3000
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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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