Microeconomics deals with the significant aspects of an individual firm. Students learn the basic tools and techniques of microeconomic analysis critical to managing the business of a firm, including managerial decision making and problem solving. Students learn economic principles for analyzing the current conditions of a firm, with an emphasis on how to enhance the economic value of the firm through analysis of supply and demand, production and cost, demand for resources, pricing, and competitive strategies under various market structures.
ECON 182 - Principles of Economics (Microeconomics)
Credit Hours: 3
FNMT 118 or higher