Jul 21, 2024  
2024-2025 Academic Catalog 
2024-2025 Academic Catalog
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ECON 2200 Principles of Microeconomics

3 lecture hours Credit Hour(s)
This course introduces and explores a variety of microeconomic topics, including supply, demand, and market equilibrium; labor & financial markets; elasticity; production cost; various market structures; and externalities.
Student Learning Outcomes:
In addition to the TBR GenEd outcomes, upon completion of this course, students should be able to:

  • Interpret supply and demand models. 
  • Analyze the behavior of individual firms in various markets. 
  • Differentiate how cost and profit are determined in the short-run and long-run.
  • Recognize how barriers to entry determine how markets are defined. 
  • Contrast the elasticity of both supply and demand. 

Prerequisite(s): ENGL 0810  and READ 0810   or equivalent.

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