BA 201 - Introduction to Microeconomics
An examination of the market structures of pure competition, monopolistic competition, oligopoly, and monopoly; analysis of the role of labor and unions; public goods; externalities and the public sector; and discussion of the problems of foreign aid, poverty, pollution, and tax reform. It explores international economics, trade and lending, tariffs, quotas and free trade, international adjustments, and balance of payment problems. Course materials include a video.
Assignments: 4 Units
Interactivity: Discussion Board
Final Assessment: Final Project
Course Learning Objectives
Upon completion of this course, you should be able to do the following:
- Discuss current topics in microeconomics.
- Identify key terms and concepts in economics.
- Illustrate key concepts and economic theories.
- Apply the supply and demand principles to real-world situations.
- Evaluate current economic conditions to predict future outcomes.
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