ECON 208 - Principles of Microeconomics

Credits: 3

The course will introduce students to the Economist’s lens of ‘knowing’ social phenomena. This lens is formed of the Cost-Benefit approach to individual decision-making, which draws from diverse fields such as ethics, cognitive science and game theory, along with the interactions of these decisions through coordinating mechanisms, such as a market. Social phenomena examined include ‘everyday’ phenomena such as: why do we find a lot of carts laying around the parking lot of one store in comparison to that of another store? as well as phenomena of a larger scope, such as: why the physical conditions of homes in an area can impact its crime rate.

USI Core 39: Ways of Knowing-Social Inquiry; Social Science (BS)

Prerequisite(s): Either MATH 082 or MATH 085 with a grade of C or better, or placement into MATH 111, MATH 112, MATH 114, MATH 115, MATH 118, MATH 122, MATH 215, or MATH 230, or exempt from mathematics placement testing

This course is part of the Core Transfer Library (CTL)
This course meets the Indiana College Core (ICC)
Term(s) Offered: Fall, Spring, Summer

Check course availability in Fall 2024

Check course availability in Spring 2025

Check course availability in First Summer 2025

Check course availability in Second Summer 2025