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Nov 23, 2024
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Yakima Valley College Catalog 2017-2018 [ARCHIVED CATALOG]
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ECON& 201: Micro Economics5 Cr Quarters: F, W, S This course focuses on the micro economic principles of the market system and allocating scarce resources. Introductory economic topics involving consumers and producers will be covered, like supply and demand, efficiency, elasticity, utility, pricing and profitability, and market models relating to various levels of firm and industry competition. Other issues studied include economic growth and output productivity, the four factors of production, the market for resources and labor, and externalities. Prerequisite: Eligibility for ENGL& 101 or successful completion of BA 138 with a grade of C or better and eligibility for MATH 085 or successful completion of BA 115 with a grade of C or better. Distribution for DTA: Social Sciences
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