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Institution:
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Union Institute & University - Closed
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Subject:
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Description:
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Microeconomics introduces the part of economics which studies how individuals make decisions and choices under conditions of scarcity. The course focuses on the concepts of: individual market behavior, rational self-interest, cost benefit analysis, the role of supply and demand in determination of value resource allocation, and comparative advantage. Microeconomics also examines the issues of economic growth, population growth, and the environment. (satisfies general education credit in the Social and Behavioral Science area)
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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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(800) 861-6400
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Regional Accreditation:
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North Central Association of Colleges and Schools
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Calendar System:
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Trimester
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