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ECON 215 PRINCIPLES OF MICROECONOMICS

Under Construction...

COURSE DESCRIPTION: ECON 215 provides an understanding of microeconomic principles and application of those principles to a variety of business, economic, and social situations. The forces of demand and supply in competitive and noncompetitive markets serve as a foundation for much of the course. The process of rational decision-making using benefit-cost analysis is an integral part of the course.

COURSE PREREQUISITE: None.

COURSE OBJECTIVES: The objectives of the course are the following:

1. To give students an understanding of microeconomic principles.

2. To apply those concepts to a variety of personal, business, economic, and social issues.

3. To have students use economic reasoning to make rational decisions.

To access class handouts, click on the following links.

Basic Economic Concepts

Basic Guide to Demand and Supply

Demand and Supply Foundations

Logic of the shutdown rule

ECON 215 Chapter 1 Study Guide

ECON 215 Chapter 2 Study Guide