May 24, 2024  
Fall 2024 - Summer 2025 Academic Catalog 
    
Fall 2024 - Summer 2025 Academic Catalog

ECON 102H - Microeconomics-Honors

3 credits

This course provides an analysis of the basic market forces of demand and supply, and economic outcomes under different market structures such as competitive, imperfectly competitive and monopolistic markets. The labor and capital markets are also analyzed. In addition, the economics of the public sector emphasizes tax policy, externalities, monopoly power and the provision of public goods. The course examines contemporary social issues such as income distribution, poverty and the welfare system as well as global issues such as international trade and protectionism. This course is meant for the student who is already familiar with economic analysis and develops a conceptual framework to help students independently analyze economic policy issues.

Prerequisites: ECON 101 Macroeconomics , College-level Algebra, and ENG 101 - Writing and Research .