Course Description
Scarcity, production possibilities, and opportunity cost. Supply and demand analysis, free markets, the price system, and government policy. Microeconomic analysis of business decisions in competitive and noncompetitive markets. Labor markets, capital, and natural resource markets, and externalities. Market breakdown, income redistribution, and role of government. Free trade, tariffs, and gains from international trade. Credit will not be given for both EC 201 and either ARE 201 or EC 205.
GEP
Social Sciences GEP Course
Fall 2021
Instructors
Meeting Patterns
Classes Start:
August 16, 2021
Classes End:
November 29, 2021
Location:
01150 Nelson Hall
Class Days:
F
Class Start Time:
8:30am
Class End Time:
9:20am
Class Type:
Laboratory
Credits:
0.00
Restrictions:
Credit is not allowed for both EC 201 and EC 205 or ARE 201. Restriction: No First Year Management Students
