2024-2025 Catalog

CECN 102 Microeconomic Principles

An introduction to the principles of microeconomic theory. Units of study will include scarcity, opportunity cost, supply, demand, and elasticity. The four types of market structure will be covered in respect to pricing and output decisions: perfect competition, monopoly, monopolistic competition, and oligopoly. A required course for Business and Accounting majors.

Credits

3

Prerequisite

Students must have completed or tested out of DEVM 100,and developmental reading