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Institution:
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Alaska Pacific University
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Subject:
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Description:
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The study of individual decision making (households, firms, and other organizations) and how markets mediate and aggregate such decisions. Issues addressed will include the determination of prices, incomes, and methods of production. Particular attention will be focused on "market failures" where individual self-interested decisions can lead to perverse results (e.g., pollution, congestion, under-provision of socially desirable goods). The consequences of government policies will be explored. Satisfies the Social/Behavioral Science GUR.
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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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(907) 561-1266
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Regional Accreditation:
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Northwest Commission on Colleges and Universities
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Calendar System:
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Semester
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