ECON 202 Principles of Microeconomics
Principles of governing production, price relationships, and income distribution and their application to selected problems.
General Education Competency
Social & Behavioral Way of Knowing
ECON 202Principles of Microeconomics
Please note: This is not a course syllabus. A course syllabus is unique to a particular section of a course by instructor. This curriculum guide provides general information about a course.
I. General Information
II. Course Specification
Course Type
General Education|{5B2306C7-58E4-43D4-B8A5-26C59F89A734}
General Education Competency
Social & Behavioral Way of Knowing
Credit Hours Narrative
3 Credits
Semester Contact Hours Lecture
45
Semester Contact Hours Lab
0
III. Catalog Course Description
Principles of governing production, price relationships, and income distribution and their application to selected problems.
IV. Student Learning Outcomes
Upon completion of this course, a student will be able to:
- Identify factors that influence behavior using the principles of supply and demand.
- Define scarcity, and show how it relates to the concepts of choice and cost.
- Outline the role of comparative advantage in exchange.
- Explain the different types of market failures, their effects, and the role of government in solving them.
- Explain how policies and incentives affect outcomes.
V. Topical Outline (Course Content)
VI. Delivery Methodologies
Specific Course Activity Assignment or Assessment Requirements
Journals/Quizzes There are a total of fifteen journals/quizzes throughout the semester. The journals may be a response to an article, exercises from the text, or assignment on any topic related to the course. Quizzes are based upon information covered in each respective chapter. Term Paper or Guest Speaker Paper Students are required to either write a term paper in response to an economic article or attend a guest speaker and write a paper on how they were able to apply economic concepts to what was discussed. Exams There are four section exams which correspond to the four units taught during the semester. 1. 2.