Course

Course Summary
Credit Type:
Course
ACE ID:
TCNW-0026
Organization's ID:
MRE
Organization:
Location:
Classroom-based
Length:
45 hours
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 Microeconomics
Description

Objective:

To examine the most important theories and concepts of microeconomics and how they relate to demand, profits, competition, and production.

Learning Outcomes:

  • Demonstrate knowledge of central economic principles
  • Recognize which economic principles affect firms in the short and long run and how to distinguish between levels of competition
  • Identify and explain resource markets of capital and labor

General Topics:

  • Demand and supply, elasticity, costs of production, perfect competition, monopoly and monopolistic competition, and resource markets
Instruction & Assessment

Instructional Strategies:

  • Computer Based Training
  • Practical Exercises

Methods of Assessment:

  • Examinations
  • Quizzes
Supplemental Materials