BUSC 1B Principles of Microeconomics
3 Units (Degree Applicable, CSU, UC, C-ID #: ECON 201)
Lecture: 54
Prerequisite: MATH 71 or Eligibility for (STAT C1000 or MATH 110) or (STAT C1000H or MATH 110H)
Economic analysis with emphasis on price and distribution theory, scarcity, opportunity costs, supply, demand, elasticity of supply and demand, consumer's behavior, cost theory and output determination under various market structures, factor markets, public choice, income distribution, externalities and government regulation, and comparative economic systems.