Dec 26, 2024  
2023-2024 Catalog and Student Handbook 
    
2023-2024 Catalog and Student Handbook [ARCHIVED CATALOG]

ECO 202 - Principles of Microeconomics


- credits 3

Presents the fundamental microeconomic concepts, theories, and issues including the study of scarcity and opportunity cost, supply and demand, elasticities, marginal revenues and costs, profits, production and distribution. Develops an appreciation of how these economic concepts apply to consumer and business decisions, and their effect on the individual. 

Lecture Hour(s): 3
Total Hours Per Week: 3

Note(s): ECO 202 can be used to meet a requirement in the Virginia Passport milestone and the Uniform Certificate of General Studies.