Principles of Micro Economics ECON-104
| Course Name: | Principles of Micro Economics |
| Course Number: | ECON-104 |
| Category: | Accounting |
| Description | This course introduces you to the principles of micro economics. The course will examine the behaviour of individual consumers and business firms as they try to deal with the fundamental economic problem of scarcity. The course examines some of the big ideas that recur throughout economics such as opportunity cost, marginal decision-making, the role of incentives, and the efficiency of market allocations. The course examines how prices are established by supply and demand conditions in the various types of market structures, and why it is sometimes necessary for government to become involved in the market. |
| Notes | Please note this course has been replaced with ECON 205.
|
| Associated Programs | |
| Pre-requisities |
No Prerequisites required for this course
|