
Principles of Microeconomics
Course Code
ECON 10000 10
Course Description
This course introduces the principles and applications of price theory, which is a fundamental framework to analyze the decision-making process? of individuals and firms. The course is designed to develop problem-solving skills, both analytically and numerically, for students to be successful in subsequent coursework in the major. Coverage includes consumer theory, producer theory, determinants of demand and supply, market structures, equilibrium and welfare analysis, government intervention, international trade policy, and market failure and externalities. UC students may substitute "ECON 20000: The Elements of Economic Analysis I" for this course in the business economics track.
Instructor(s)
Ken Kuevibulvanich
Other Courses to Consider
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Principles of MacroeconomicsBuilding on the analytical framework developed in ECON 10000, this course introduces macroeconomic theory and its applications in public policy. Coverage includes measurements, the determination of income, output, unemployment and inflation, long-run economic growth, business cycles, financial market and banking, monetary policy, fiscal policy, international trade and finance, and history of thought. UC students may substitute "ECON 20200: The Elements of Economic Analysis III" for this course in the business economics track.
Residential