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ECN130
Principles of Microeconomics
3
This course is an introduction to microeconomic principles related to individual markets. Topics covered include: analyzing the supply and demand model; examining how consumers and producers make decisions; investigating how various market structures affect prices, output, and efficiencies; and studying the factor markets. Additional areas include analysis of elasticity, firm production costs, profit maximization, taxation, externalities, public goods, and international trade. ECN 120 is not a prerequisite for ECN130.
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