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Principles of Microeconomics
Economics is the study of how people make choices due to scarcity of resources. This class will focus on the market system of economic choice. We will analyze how individuals, or relatively small groups of individuals, involved in the market system make choices and how society's economic activities are organized. We will also investigate how government policy impacts market outcomes. The general objective of the course is to provide you with analytical tools to apply to microeconomic problems that you will encounter every day.
At the end of the course, you will be able to: