NWCCD 2008-09 Catalog 
    Mar 31, 2023  
NWCCD 2008-09 Catalog [This is an Archived Catalog.]

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ECON* 1020 - Microeconomics

This course focuses on model building, production possibilities, scarcity and choices, opportunity costs and trade-offs, the market system, supply and demand, resource allocation in the market, government intervention and its consequences, elasticity, cost, market model (pure competition), monopoly, oligopoly, and monopolistic competition. It explores economic issues including market power, labor, positive and negative externalities and public choice.

Credits: 3

Lecture/Lab Hours
3 lect hrs/week

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