ECON102: Introduction to Microeconomics
3 credits
How decisions are made by the consumer and producer sectors of the economy and the interactions between the two sectors; the process of resource allocation and income distribution within a free enterprise economy as well as alternative market structures such as monopoly, oligopoly, and monopolistic competition; and the effects of various government policies on the allocation of resources and the distribution of income. May not be taken for credit if Economics 104 has already been taken.

ECON104: The Market Society
3 credits
A topic focused, problem-solving course on micro-oriented applications of economic reasoning. The laws of supply and demand are introduced in a framework that concentrates on how firms, consumers, investors and the government interact to produce relevant economic outcomes. Specific topics explored are instructor-specific; please check the syllabi of the relevant faculty for details. The course may not be taken for credit if Economics 102 has already been taken.

ECON205: ECON202 HAS REPLACED ECON205 (Price Theory)
3 lec., 1 lab. hr.; 3 credits
Familiarizes the student with the technical tools of economic analysis. Covers price, input and output decisions of the business firm; the forces behind supply of and demand for the product of the firm and industry; and the factors determining the distribution of income. This course cannot be taken for credit if Economics 225 has been taken (see also Economics 225).
Prerequisites: Economics 101 or 103 and 102 or 104 and Mathematics 131 or the equivalent

ECON225: Price Theory (Mathematics Emphasis)
3 lec., 1 lab. hr.; 3 credits
Identical to Economics 202, except taught with a greater use of mathematical tools. Recommended for students planning to do graduate work in economics and business. This course cannot be taken for credit if Economics 202 has been taken.
Prerequisites: Economics 101 or 103 and 102 or 104 and Mathematics 132 or 143 or 152

ECON703: Price and Distribution Theory
2 hr. plus conference; 3 credits
One-semester course in microeconomic theory.