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Jul 06, 2025
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2025-2026 Academic Catalog
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ECON 1510 - Microeconomics
Credits: 3 Lecture: 3 Lab: 0
Fundamentals of microeconomics: a study of the individual firm and how it allocates resources, prices goods and services, and organizes itself to meet competition. Focuses on the behavior of customers and supplies in the marketplace which affects the kinds of goods and services produced and consumed through an understanding of demand and supply schedules, elasticity and subdivision, fixed, variable, and marginal revenue and total revenue, profit maximization, government intervention, and income distribution. Enables students to apply economic reasoning to better understand and critically evaluate real world circumstances and events.
Prerequisite: None
ODHE Transfer: OT36TMSBS; TAGOSS004
Course Classification: G
Fees: A fee applies to this course
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