Course Overview
Introduction to Microeconomics
| Department |
EC |
| Number |
201 |
| CRN |
21953 |
| Credits |
4 |
| Date |
January 4-March 12, 2010 |
| Instructor(s) |
Stephen Haynes
|
| Self-Support Fee |
$ |
Syllabus and E-mail
Course Content
This is a self-paced study course, designed to introduce students to microeconomics. The aim of this course is to develop a basic microeconomic methodology, and to show how this methodology can be applied by the use of examples.
Microeconomics involves the analysis of how consumers make decisions about what to consume, how firms decide what and how much to produce, and how the interactions of consumers and firms determine how much of a good will be sold, and at what price. Many interesting questions can be approached by applying the methodology developed by microeconomists. For example, what are the economic implications of the recent rise in Oregon's minimum wage? How can we explain the see-sawing of gasoline prices we have witnessed in the past year? And, should we try to reduce or eliminate pollution, and if so, what economic policies can be used to achieve this objective?
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