ECON 211-160 MICRO-ECONOMIC PRINCIPLES Introduction to the ideas and tools economists use to understand human behavior constrained by scarce resources. Analytical tools introduced include supply and demand analysis, elasticities, models of perfect and imperfect competition. These tools will be used to study topics such as consumer and producer decision making, taxation, environmental quality and health care. Three hours per week. Meets General Education IIIB or IIIC (Prior to Fall 2008: IIB).
ECON 211-161 MICRO-ECONOMIC PRINCIPLES Introduction to the ideas and tools economists use to understand human behavior constrained by scarce resources. Analytical tools introduced include supply and demand analysis, elasticities, models of perfect and imperfect competition. These tools will be used to study topics such as consumer and producer decision making, taxation, environmental quality and health care. Three hours per week. Meets General Education IIIB or IIIC (Prior to Fall 2008: IIB).
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