Academic Catalog 2018-19

ECON 1011 Microeconomics

This course focuses on the decision-making behavior of smaller economic units, such as individuals, households, and firms. Among the issues studied are how individuals and firms respond to economic policy implemented at the national level, as well as the role of rational self-interest and profit maximization. Industry-level dynamics are also considered: regulation, consolidation, perfect competition, and monopolies.

Credits

3.00 units