ECO 251 — Principles of Microeconomics: This course
introduces economic analysis of individual, business, and industry choices in the market economy. Topics include the price mechanism, supply and demand, optimizing economic behavior, costs and revenue, market structures, factor markets, income distribution, market failure, and government intervention. Upon completion, students should be able to identify and evaluate consumer and business alternatives in order to efficiently achieve economic objectives. Co-Requisites: None Pre-Requisites: ENG 025 or ENG 8025 and MAT 025 or
Prerequisites: ENG 025, ENG 8025, MAT 025