This course introduces microeconomic concepts and analysis, supply and demand analysis, theories of the firm and individual behavior, competition and monopoly, and imperfect competition. Throughout the semester, the course will stress applications of elementary economic theory to real-world issues and problems. Topics that we will investigate include the basic supply and demand model, price controls, taxes, trade, pollution, and monopolies.
Course Requirements:
Assessments will include a combination of weekly, untimed quizzes and 3 evening exams. The exams will be offered in-person.
Intended Audience:
Everyone! Specifically, ECON 101 and 102 are required as prerequisites to an Economics major and to upper-level courses in Economics. ECON 101 is the first in the sequence (Econ 102 being the second).
Class Format:
In-Person