ECO 136 - Principles of Microeconomics

Offered FL, WI, SM
Lecture- 3
3 credit hrs/3 contact hrs
Prerequisite: None
Prerequisite/Corequisite: None
Corequisite: None

This course introduces microeconomic theory, emphasizing the role of markets in organizing economic activity. Students explore a variety of topics including how individuals and firms make decisions under conditions of scarcity, how prices are determined through supply and demand, and how market structures affect economic outcomes.

Student Learning Outcomes:

Identify and explain core microeconomic concepts.
Analyze market behavior using supply and demand.
Evaluate the impact of government intervention.
Differentiate between market structures and their outcomes.
Apply economic reasoning to individual and firm decision-making.