|Undergraduate Course Details|
|Title||Principles of Microeconomics|
This course encompasses the economics of the firm, price theory, analysis of demand, supply, elasticity, market structures, income distribution, international trade, foreign exchange, and current issues in microeconomics. The influences of political, social, legal, environmental, global, and technological issues are discussed in the process of presenting applications of microeconomic theories. Oral discussion, quantitative analysis, computer usage and Internet research are encouraged. Three lecture hours per week. Required of all Economics majors and Business Administration majors. Division III elective for all other majors.