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Entrepreneurship and Small Business Management B.B.A.
Course DescriptionIntroduction to Microeconomics
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 This course satisfies the Liberal Arts and Sciences requirement and the SUNY General Education Requirement for Social Science.