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Institution:
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Delaware State University
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Subject:
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Economics
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Description:
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The course is a study of price and output determination in a free enterprise economy with the assumption of consumer maximization of utility and producer maximization of profits. Particular attention is paid to cost determination, the theory of the firm, and the four (4) major market structures of perfect competition, monopoly, monopolistic competition, and oligopoly. Market imperfections and disequilibrium are also discussed.Prerequisites: ECON 201.Credit, three hours.
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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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ECON 201
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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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(302) 857-6060
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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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