Basic micro-economics related to the development of today’s American economic system. Principles of production, operation of the price system, the competitive market model, oligopoly, monopoly and the role of government, allocation of economic resources, income distribution, role of the U.S. in the international economy.
3 credits (3 lecture hours), spring semester
These credits count toward the Social Sciences (list C) requirements for graduation.
This course satisfies SUNY General Education Requirements for “Social Sciences”.