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Fully Online Course Description

ECO251 - Principles of Microeconomics

Instructor: William Wendt (wwendt@nc.rr.com)

Required Texts: Microeconomics by Gregory Mankin
(verify with instructor via email before purchasing at online stores!)

Required Software: None

Prerequisites: None

Description: This course introduces economic analysis of individual, business, and industry choices in the market economy. Topics include the price mechanism, supply and demand, optimizing economic behavior, costs and revenue, market structures, factor markets, income distribution, market failure, and government intervention. Upon completion, students should be able to identify and evaluate consumer and business alternatives in order to efficiently achieve economic objectives. This course has been approved to satisfy the Comprehensive Articulation Agreement general education core requirement in social/behavioral sciences.

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Updated October 21, 2008