Five Towns College 2018-2020 Catalog 
  
    May 23, 2019  
Five Towns College 2018-2020 Catalog
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ECO 102 - Microeconomics


Credits: 3
Class Hours: 3
Previous Name: Formerly Principles of Economics - Micro

Study of the interaction of supply, demand, and prices in a market economy. Critical analysis of price theory under conditions of perfect and imperfect competition, oligopoly, and monopoly. Applications to wages, profits, rent, and interest. Theory of consumer behavior. Practices of the individual firm. Economic growth and international problems. Satisfies 3 credits towards an Economics Elective requirement. 



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