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ECON102H — Microeconomics - Honors

3 credits · 3 hours

ECON 102H - Microeconomics - Honors ECON 102H - Microeconomics - Honors (3,0) 3 Credits General Education Course: Social Science 5 or permission of the instructor. Microeconomics investigates the economy from the perspective of individual players in the market. Individual consumer behavior is examined to determine how individual demand decisions are made. Business behavior is examined to determine how individual decisions are made under various market structures. The course also explores the issues of supply, demand, marginal analysis, elasticity of demand, profit maximization and cost analysis. Extensive use of graphs to analyze various issues should be expected. Course link

Prerequisites: ECON101, ECON101H

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