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): MATH 111 or its equivalent.

This course is part of the Core Transfer Library (CTL).
Indiana Statewide Common Course #: ISH 1042.
Indiana Statewide Transfer General Education Core: Meets IN Statewide Core.
Term(s) Offered: Fall, Spring, Summer

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