
ECON 111: Price Theory and Resource Allocation
- Description
- Shows the student how to understand the individual consumption and production decisions which are made within a market economy, guided by prices and costs. Economic concepts of supply, demand, cost, response to price changes, production, equilibrium, and income distribution are analyzed.
- Credit units
- .3
- Term description
- 1/2(3L)
- College
- Arts and Science
- Department
- Economics