Apr 20, 2024  
2022-2023 Catalog 
2022-2023 Catalog [ARCHIVED CATALOG]

ECN 221 - Microeconomics in Context

3 Credits

In this introductory course, students study the behavior and interactions of individuals, households, and firms in making decisions regarding the allocation of scarce resources. Topics covered include supply and demand, product and factor markets, regulatory and distributional issues, and market structure. Students are challenged to situate microeconomic principles in historical, social, and environmental contexts, while challenging the assumptions underlying dominant theory.