BT 244 Microeconomics

The focus of this course is on the behavior of and interactions between individual participants in the economic system. In addition to providing a theoretical basis for the analysis of these economic questions, the course also develops applications of these theories to a number of current problems. Topics include: the nature of economic decisions, the theory of market processes, models of imperfect competition, public policy towards competition, the allocation of factors of production, discrimination, poverty and earnings, and energy.

Credits

3

Distribution

School of Business

Offered

Fall Semester Spring Semester