ECON 2302 - Microeconomics

3 Credits (3 hrs. lec.) A study of micro-economic principles. Analysis of theories of consumer behavior, production, cost; equilibrium analysis in product markets under different market structures, such as perfect competition, monopoly, monopolistic competition, oligopoly; cartels and conglomerate mergers; antitrust policy, economics of regulation; analysis of different types of factor markets and factor price determination. (4506015125) Prerequisite: College Level Readiness in Reading AND Writing, MATH 0308 OR higher level Math.