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.