Course Descriptions

01:220:102 Introduction to Microeconomics (3)

The market system and alternative mechanisms for determining prices and allocating resources. Economic analysis of monopoly, cartels, wage and price controls, pollution, and other contemporary problems. The role of government in promoting economic efficiency. Prerequisite: 01:640:111, or 115, or calculus placement. (Credit not given for both this course and 11:373:121).