Apr 19, 2024  
College Catalog 2014-2015 
    
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College Catalog 2014-2015 [ARCHIVED CATALOG]

EC 102 - Principles of Microeconomics

4.00 credits.
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.