(Fall, Spring, Summer) This course introduces the fundamentals of microeconomic theory and its application to real-world issues, equipping students with a solid understanding of key social and behavioral science principles. Through the analysis of market behavior, supply and demand, consumer and producer decisions, and resource allocation, students will explore how economic agents interact within various types of market structures. Emphasis will be placed on analyzing current and historical economic issues, including policy impacts on social and economic welfare. This course enhances students’ abilities to evaluate economic choices and their implications for society. Prerequisite: Minimum grade of “C” in ECO 2013.
Prerequisites: ECO 2013