Principles of Economics
Credit: 3 (3 lecture)

Microeconomics examines the fundamentals of the American economy as it relates to business and individual welfare. Emphasis is on basic economic concepts and theories as they effect domestic and international markets. Microeconomics includes cost and production decisions and discusses the role of competition, monopolies and oligopolies. Core Curriculum Course.

Textbook

• Bade R and Parkin M. (2002). Foundations of Microeconomics. Addision Wesley.
• Meyer T, and Rush M. (2002) Study Guide to accompany Foundations of Microeconomics. Addison Wesley.