Jul 03, 2024  
Undergraduate Catalog 2024-2025 
    
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Undergraduate Catalog 2024-2025

EC 102 - SSC Principles of Microeconomics

4.00 credits.
(Social Sciences Core Course)
Topics covered include the basis for decision-making by economic agents, utility maximization by consumers, the demand curve, profit maximization by firms, diminishing returns and input choice, optimal output and price for a firm in various market structures, market failure, income inequality, and comparative advantage and international trade.