ECON 2520 - Microeconomics

Institution:

Minnesota State College Southeast

Subject:

Description:

This course focuses on the interactions and decisions between the consumer and the producer. Topics include supply and demand, the price system, demand elasticity; the costs of production including the various factor inputs; the four major market structures (pure competition, monopolistic competition, oligopoly and monopoly); and ways to increase market competition. This course develops a theoretical framework for microeconomic analysis and applies this theory to practical domestic and international economic policy problems. (MnTC Goal 5) (3 credits: 3 lecture/0 lab)

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.southeastmn.edu

Phone Number:

(507) 453-2700

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

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