Dec 05, 2025  
2025-26 Undergraduate Catalog 
    
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2025-26 Undergraduate Catalog
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ECON 122 - Principles of Microeconomics

Class Hours: 3
Lab/Discussion: 0
Credits: 3

Prerequisite: None
Corequisite: None
Restriction: None
Description: Applies microeconomic theory to assessing the behavioral outcomes and interactions of households, firms, and public policy decision-makers. Examines both individual- and firm-level decision-making processes using core microeconomic tools, including opportunity cost, marginal benefit-cost analysis, and the supply and demand model. Evaluates the trade-offs inherent in any policy choice or market outcome, and how these trade-offs should be part of one’s ethical evaluation of any market outcome or proposed policy change.
Cross-Listed: No


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