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Dec 21, 2024
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ECON 1 PRINCIPLES OF ECONOMICS - MICRO3 Units - 3 hours lecture
Transfers: CSU, UC
Prerequisite: MATH 353
Recommended Preparation: ECON 20
This course introduces the concepts and tools of microeconomic analysis. It investigates the problems that result from scarcity and how individuals and groups make decisions, given scarcity. The primary areas of focus are: markets and prices, marginal analysis, the decision-making processes of individuals and firms, industrial organization and resource markets. These principles can be used to analyze such things as government economic policies, environmental issues, the distribution of income, anti-trust policy, and international trade. Credit may be earned in either ECON 1 or ECON 1H , but not both. C-ID: ECON 201. NR
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