ECON 001B - Principles of Microeconomics - Units 3

Prerequisites: MATH 092S, Intermediate Algebra (STEM), with a minimum grade of "C" or MATH 082, Intermediate Algebra, with a grade of "C" or better or minimum level of 5 on the Math Placement Test.

Advisories: ENG 001A, Reading and Composition, 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)