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Introduction to decision making by households, firms, and governments, and resulting allocation of resources through markets.
Principles of Microeconomics is an introduction to decision making by households, firms, and government, and the resulting allocation of resources through markets. This course is designed to introduce you to the subject of economics as it pertains to the behavior of consumers, firms, industries and society, and to their desires to get the most from a limited availability of resources.
By the end of the course, you should be able to:
This course requires proctoring and may utilize Respondus. Please refer to the syllabus for more information. For students requiring accommodations, please contact the Student Disability Center for assistance.
This course is approved for Validation by Education Experience (VEE) by the Society of Actuaries (SOA).
If you should have any questions about this course offering, please contact Director of Online Studies in Economics, Niroj Bhattarai, for more information.
This course meets the All-University Core Curriculum (AUCC) requirements for Social/Behavioral Sciences (Category 3C) and is approved under gtPathways in the content area of Economic or Political Systems (GT-SS1).
MATH 117 (College Algebra in Context I) or MATH 118 (College Algebra in Context II) or MATH 127 (Precalculus (GT-MA1)) or MATH 141 (Calculus in Management Sciences (GT-MA1)) or MATH 155 (Calculus for Biological Scientists I) or MATH 160 (Calculus for Physical Scientists I (GT-MA1)). Credit not allowed for both ECON 202 and AREC 202