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Nov 21, 2024
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2024-2025 Catalog & Student Handbook
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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.
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