ECON 003 Principles of Microeconomics

Units: 3
Prerequisites: MATH 090 Beginning Algebra with a grade of “C” or better or minimum level of 4 on the math placement test.
Prerequisite Skills: 1. Reading Level II.
Advisories: MATH 092S and ENG 001A each with a grade of “C” or better.
This is an introductory course focusing on choices of individual economic decision-makers. Topics include scarcity, specialization and trade, market equilibrium, elasticity, production and cost theory, market structures, factor markets, and market failure. (UC,CSU, C-ID ECON 201)