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    Skidmore College
   
 
  Nov 23, 2017
 
Catalog 2017-2018 
  
Catalog 2017-2018
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EC 104 - Introduction to Microeconomics


Credits: 4
An introduction to the study of markets. The course develops the basic economic model of supply and demand to illustrate how choices regarding the production and distribution of goods and services are made by firms and households in a market economy. The course also examines the possibility of market failure and the appropriate government response. Policy topics may include poverty and homelessness, health care, the environment, antitrust, discrimination, international trade, unions, and minimum wage laws.
Prerequisites: QR1.
Note(s): (Fulfills QR2 and social sciences requirements.)
The Department



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