ECO 251 - Principles of Microeconomics

3 Credit Hour(s) Laboratory: 0 Recitation: 3 Alternative Mode: 0

Survey of fundamental concepts. Emphasis is placed on decision-making by households as they allocate their resources for maximum satisfaction and by business firms concerning levels of output, employment and prices. Analysis of the role of competition in the free-market, private enterprise economic system.

Fulfills Gen Ed 2011-2021: Social Science