ECON 222 - Micro-Econ Theory

Institution:

Commonwealth University of Pennsylvania

Subject:

Economics

Description:

Reviews the theory of consumer behavior and firms. Topics include output and price determination under different market systems such as perfect competition, monopoly, oligopoly and monopolistic competition; production and cost analysis; allocation of resource and distribution of income; comparison of behaviors of competitive, monopolistic and oligopolistic product and resource markets; constrained and non-constrained optimization techniques and their applications to business decisions and business practices; and welfare economics.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.commonwealthu.edu/

Phone Number:

(570) 389-4000

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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