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Institution:
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Roger Williams University
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Subject:
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ECONOMICS
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Description:
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An introduction to the modern market economy as a system of dealingwith the problem of scarcity and choices made by individuals andbusinesses. Topics include resource allocation, price mechanism,supply and demand, optimizing economic behavior, costs and revenue,various market structures, market failure, government interventionand comparative advantage. The basic tools of microeconomic analysiswill be applied to topics of current interest such as minimum wagelegislation and competition policy.
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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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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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(401) 253-1040
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Regional Accreditation:
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New England Association of Schools and Colleges
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Calendar System:
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Semester
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