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.
Spring 2025
Instructors
Meeting Patterns
Classes Start:
January 6, 2025
Classes End:
April 22, 2025
Location:
0G411 Nelson Hall
Class Days:
F
Class Start Time:
10:40am
Class End Time:
11:30am
Class Type:
Recitation
Credits:
0.00
Restrictions:
Credit is not allowed for both EC 201 and EC 205 or ARE 201.