Home 2014-2015 Morgan Community College Catalog & January 2015 Addendum COURSE DESCRIPTIONS (Alphabetical) ECO-Economics Courses ECO 202 Principles of Microeconomics: SS1
ECO 202 Principles of Microeconomics: SS1
(45 lecture hours, 3 credits)
Studies the firm, the nature of cost, and how these relate to the economy as a whole. Analyzes economic models of the consumer, perfect competition, monopoly, oligopoly and monopolistic competition. Explores economic issues including market power, population growth, positive and negative externalities, income distribution, poverty and welfare, discrimination, and international economic interdependence.
This course is a part of the Statewide Guaranteed Transfer courses. GT-SS1 Effective Spring 2004.
(Replaces ECO 202 Fall 1988-Fall 2003)
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