2023-2024 Surry Community College Catalog 
    
    Dec 04, 2024  
2023-2024 Surry Community College Catalog [ARCHIVED CATALOG]

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ECO - 251 Principles of Microeconomics


Class Hours: 3 Lab Hours: 0 Credit Hours: 3
When Offered: Fall, Spring

Prerequisite(s): None
Corequisite(s): None
Local Prerequisite(s): None
Local Co-requisite(s): None

This course introduces economic analysis of individual, business, and industry in the market economy. Topics include the price mechanism, supply and demand, optimizing economic behavior, costs and revenue, market structures, factor markets, income distribution, market failure, and government intervention. Upon completion, students should be able to identify and evaluate consumer and business alternatives in order to efficiently achieve economic objectives. *This course has been approved for transfer under the CAA and ICAA as a general education course in Social/Behavioral Sciences.*



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