Introduction to Microeconomics

This course provides an introduction to the functions of individual decision-makers, both consumers and producers, within the larger economic system. The primary emphasis is on the nature and functions of product markets, the theory of the firm under varying conditions of competition and monopoly, and the role of government in promoting efficiency in the economy. (lec 3) cr 3. Students may not retain credit for both ECON 1006 and either ECON 1005 or ECON 4000. Lecture (3.00).