ECON 217 - Principles of Economics (Micro Emphasis)

3 credits.
Overview of economic theory and real world applications. For example, how are prices in the economy determined? How do economic markets operate? How do economic events such as technological advances, increases in input prices, and government policy changes affect market prices and the consumer? Sometime will be spent on discussion of market structures such as competitive markets versus monopoly. Real world applications will be used to illustrate economic theories.

Prerequisite(s): None.
Corequisite(s): None.