ECON 1200 - Principles of Economics: Microeconomics

3 cr. 3 hr. Day course offered every Semester. Also offered evenings.

Students examine the theory of the consumer and the business firm in this course. Efficiency in the allocation of resources is examined in four different market structures: pure competition, pure monopoly, monopolistic competition and oligopoly. CTW, PL

Prerequisite(s): i. Adjusted high school GPA of 2.7 or higher (associated with a high school graduation no more than two years from semester of enrollment) OR

ii. ‘passing’ score on Quantitative and Analytical Skills or Advanced Algebra and Functions Accuplacer placement exam OR

iii. Successful completion of MATH 0300 [Quantitative Prep.] orMATH 0500 [Algebraic Prep.] OR

iv. Successful completion of a credit bearing mathematics course