3 Units, (UC: CSU)
An introductory course in the principles of microeconomic theory, including economic analysis of the firm and resource allocation; analysis of the laws of supply and demand; market structures of the American economy; price theory; current domestic economic problems.
Focus on various input and output markets. Principles of microeconomics include the theory of supply and demand, prices of the factors of production, and income distribution theory. International aspects are included whenever applicable. Contemporary examples are utilized throughout for illustration.See Schedule of Classes