May 11, 2024  
2023-2024 Graduate Catalog 
    
2023-2024 Graduate Catalog

EC 6002 - Essentials of Economics


(.5)

A first course in microeconomics, a social science that introduces students to theories of how consumers and producers interact through supply and demand within the economy. This course helps students in developing a scientific approach to studying economic systems such as modern capitalism. Students investigate the structure of market behavior, performance in the marketplace and optimizing behavior regarding consumer demand, revenues, costs, and profits.