ECON 201 Principles of Microeconomics

An introduction to economic principles that govern production, exchange, distribution and consumption in a capitalist economy. Topics include supply and demand, consumer theory, production theory, and price formation in competitive and noncompetitive markets, theory of comparative advantage and international trade. Issues including monopoly, public goods, unequal income distribution, and environmental problems are also examined. (C-ID ECON 201)

Units: 3.00

Offered: (Fa,Sp)

UC, CSU, Associate Degree Applicable

Prerequisites: MATH 090 or eligibility for MATH 095 as determined by the Crafton Hills College assessment process

Lecture: Minimum 48 hours per semester

Departmental Recommendation: Successful completion of MATH 095 or eligibility for MATH 108 and eligibility for ENGL 101