Explore the micro economy by focusing on how individuals, firms, and governments make interconnected economic choices. Delve into core economic assumptions and build foundational models of individual and firm economic behavior. Analyze market dynamics in both competitive and imperfectly competitive economic structures. Examine factor markets and assess market failures caused by externalities and public goods. Prerequisites: ENGL 101 (may be taken concurrently) and MATH 123 or higher (may be taken concurrently) or equivalent minimum test score: ACT Math 23, SAT Math 550 (composite), SAT Math 27.5 (section), Accuplacer Advanced Algebra 237
Prerequisites: ENGL 101, MATH 123, MATH 128, MATH 130, MATH 135, MATH 151