ECON 011 - Principles of Economics

Institution:

Clark University

Subject:

Description:

This course offers an introduction to microeconomics: the analysis of firms, consumers and markets using economic models. The first part of the course explains how individual actors in the economy, both consumers and producers, make economic decisions and how global economic conditions can affect those decisions. The course then examines the implications of those decisions for both competitive markets and for markets where firms can influence prices or output (such as monopoly). The course also helps students analyze the trade-offs of government interventions in markets and situations in which the free market fails to ensure the best use of resources for a society and discusses possible solutions.

Credits:

1.00

Credit Hours:

Prerequisites:

ECON 010 or ECON 100.

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.clarku.edu

Phone Number:

(508) 793-7711

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Semester

The Course Profile information is provided and updated by third parties including the respective institutions. While the institutions are able to update their information at any time, the information is not independently validated, and no party associated with this website can accept responsibility for its accuracy.