Description
MICRO & MANAGERIAL
Reviews the theory of consumer behavior and the firm; output and price determination under different market systems; pure competition, pure monopoly, oligopoly and monopolistic competition; production and cost analysis; allocation of resource and distribution of income; comparison of behaviors of competitive, monopolistic and oligopolistic product and resource markets; constrained and nonconstrained optimization techniques and their applications to business decisions and business practices; welfare economics. This course counts as a Group B, Social & Behavioral Sciences General Education Requirements. Three hours lecture per week. Prerequisites: ECONOMIC.122 or ECONOMIC.212, ECONOMIC.121 or ECONOMIC.211 and ECONOMIC.156 or MATH.123 or MATH.125.
Details
Grading Basis
Graded
Units
3
Component
Lecture - Required
Course Attributes
Meets Social Sci Requirement
Offering
Course
ECONOMIC 222
Academic Group
College of Liberal Arts
Academic Organization
Economics
Campus
Bloomsburg Main Campus
Enrollment Requirements
Principles of Economics 1 - Economic 121, Principles of Economics 2 - Economic 122, and Bus & Econ Math - Economics 156 or Calculus 1 - Math 125 or Essentials Calculus - Math 123