2014-2015 Academic Catalog
ECO 202 Principles of Microeconomics
3 Credit hours 45 Contact hours
Studies the firm, the nature of cost, and how these relate to the economy as a whole. Analyzes economic models of the consumer, perfect competition, monopoly, oligopoly, and monopolistic competition. Explores economic issues including market power, population growth, positive and negative externalities, income distribution, poverty and welfare, discrimination, and international economic interdependence. This is a stand-alone course; ECO 201 is not a prerequisite.
Prerequisites: Successful completion of CCR 092, (grade C or higher) or equivalent assessment scores (SS 70+, RC: 62+) and MAT 055 (grade C or higher) or equivalent assessment scores (EA 85, ACT Math 23, SAT Math 513).
Course Note: This is a statewide guaranteed transfer course.
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