Course Description:
Develop an understanding of the micro aspects of economics -- the study of components of larger aggregates -- by investigating a wide range of problems from prices to monopolies and from urban decay to industrial pollution. Includes the anatomy of the market system, prices and allocation of resources, competition and the firm, big business, market imperfections, income distribution, trade, the underdeveloped world and economic planning.
Prior knowledge: knowledge of algebra is useful but not required.
This course fully meets the General Education requirement in Social Sciences.
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