Seidman Pre-Core Curriculum: ECO 211
Microeconomics
The study of individual economic agents, such as consumers, firms, and workers,and how they make decisions in a market economy. The principles of microeconomics focus on understanding how these agents interact to determine prices, allocate resources, and maximize utility profit. Key principles include the law of supply and demand, rational decision-making, opportunity cost, and market efficiency.
Supply and Demand
Arguably the cornerstone of microeconomics. It's central to understanding how markets function and how prices are determined. It impacts resource allocation, international markets, consumer and producer behavior, and even government policy.
Information Literacy
In Principles of Economics, students will learn to identify the need for information; access, evaluate, and use information effectively, ethically, and legally.
Contact for more Information
Roberta Biby
Affiliate Faculty of Practice
[email protected]
