ECON 2302 - Principles of Economics II

3 hrs

Examines the action of the smaller components that make up the economy: individuals, households, businesses, and governmental units. Most attention is given to the decisions facing a typical firm, and how those decisions impact variables like price, output, and profit. Specific topics include the theory of consumer
demand, elasticity, production and cost, market structures, factor markets, and the role of government

(TCCN).
Prerequisite: ECON 2301 .
Offered: Fall, Summer.