ECON 001B - Principles of Microeconomics - Units 3

Prerequisites: MATH-082 Intermediate Algebra with a grade of "C" or better or minimum level of 5 on the COMPASS Math Placement Test.

Advisories: ENG-001A with a grade of "C" or better.

This is an introductory course focusing on choices of individual economic decision-makers. Topics include scarcity, specialization and trade, market equilibrium, elasticity, production and cost theory, market structures, factor markets, and market failure. (UC,CSU)