Course TitlePRINCIPLES OF MICROECONOMICS
DescriptionThis course will analyze the most fundamental concept in economics: how supply and demand determine equilibrium. Students will also learn policies the government uses to distort that equilibrium to achieve social goals such as fair housing, minimum wage, fossil fuel reduction, etc. The course also examines the four basic market structures: perfect competition, monopoly, monopolistic competition, and oligopoly. We will see how each industry’s structure impacts decisions on pricing, production, and resulting profits. Topics covered include: maximizing utility, maximizing profit, business costs, price elasticity, taxes and subsidies, externalities like pollution, public goods (like education and parks), and anti-trust laws. This course is appropriate for students interested in starting a new business, advertising and marketing, business management, economics, engineering, political science, and corporate decision making. Lecture: 3 hours per week.
Course Instruction Checklist
Blackboard 
Other 
(Assistance May be available) 1. Video Conferencing Platform (Remotely taught courses only) 2. Learning Management System (LMS) Requirements 3. Technology Requirements
SemesterFall 2022
ClassEC 202-007
Class No8792
Class TitlePRINCIPLES OF MICROECONOMICS
InstructorWrobel,Andrew
EmailPlease see faculty/staff directory
WebEx 
Microsoft Teams 
Other 
High speed internet access 
Computer 
Computer with webcam 
Other