ECON 208 - Principles of Microeconomics Credits: 3
An introductory analysis of individual decision-making in a market system. The role of the consumer, the firm and government are explored. Topics include price determination, profit maximization, consumer and producer surplus, taxes, efficiency, and market structures such as monopoly and competitive markets. Meets The University Core Curriculum C2: Individual Development/Social Behavior category. Prerequisite(s): MATH 111 or its equivalent. This course is part of the Core Transfer Library (CTL). Indiana Statewide Common Course #: ISH 1042. Meets IN Statewide Core. Term(s) Offered (F=Fall, Sp=Spring, Su=Summer): F, Sp, Su.
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