EC-H101 Honors Applied Microeconomics
An honors version of Applied Microeconomics, this course introduces students to foundational principles of microeconomic theory, with an emphasis on applications of concepts to management decision-making in specific industry and market settings. It describes and analyzes the interaction of supply and demand, and the behavior of the prices of goods and services. It explains the determinations of costs, output, strategic pricing, and governance by firms, under conditions of perfect and imperfect competition, in a global economy. In addition, it describes the supply and demand for factors of production and the impact of taxes and government regulation and intervention on firms and consumers. Normally offered every semester.
Prerequisite
GPA of at least 3.3, or honors status, required.