BUS 201 - Principles of Economics

Institution:

Saint Xavier University

Subject:

Description:

Offered every semester This course should be taken freshman year. The study of the principles of microeconomics deals with the operation of the market economy. This course emphasizes the understanding of the theory of demand and supply, the cost of production, and market structure. Topics include the operation of a market, the performance of business firms under different types of markets, price determination and profit maximization strategies under various types of market structures ranging from perfect competition to monopoly. The basics of international trade are also covered.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

WWW.SXU.EDU

Phone Number:

(773) 298-3000

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

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