ECN 112 Principles of Economics-Micro

Principles underlying the organization and function of the market economy, including supply and demand, the theory of the firm, resource allocation under conditions of perfect competition, monopolistic competition and oligopoly, the relationship of government and business, pricing, employment of resources, and wages, rents, interests, and profits. In addition, contemporary economic issues are presented to reinforce theoretical concepts.  Prerequisite: A passing score on the College's English placement test or C or better or concurrent enrollment in ENG 090, ENG 091 or ENG 092.  A passing score on the College's Reading placement test or a C or better or concurrent enrollment in ENG 091 or RDG 090 and a grade of C or better in RDG 080.  Competency met: Social Phenomenon (5.4)
3 credits  Fall, Spring, Summer

3 credits
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