Microeconomics
Restricted to students in the School of Continuing & Professional Studies.
Introduction to economic analysis of the smaller components of the economy, household, firm and industry. Topics include economic, socio-economic, and political economic issues; includes a focus on behavioral economics; and provides students with an opportunity to analyze real world economic and public policy decisions that have been influenced by non-economic factors included within its field.
Outcomes: 1) Explain the law of supply and demand; 2) Distinguish characteristics of different market structures; 3) Analyze how consumers maximize utility; 4) Apply behavioral theory to economic decision-making; 5) Analyze real world microeconomic decisions; 6) Research a topic and present recommendations.
Introduction to economic analysis of the smaller components of the economy, household, firm and industry. Topics include economic, socio-economic, and political economic issues; includes a focus on behavioral economics; and provides students with an opportunity to analyze real world economic and public policy decisions that have been influenced by non-economic factors included within its field.
Outcomes: 1) Explain the law of supply and demand; 2) Distinguish characteristics of different market structures; 3) Analyze how consumers maximize utility; 4) Apply behavioral theory to economic decision-making; 5) Analyze real world microeconomic decisions; 6) Research a topic and present recommendations.