Transfers ToUC and CSUCal-GETC Area 4 · IGETC Area 4B · IGETC Area 4 · CSU GE Area D2 · CSU GE Area DDescriptionMicroeconomics studies how markets allocate resources, goods and services, and incomes throughout the economy. It analyzes the implications of government's involvement in particular markets and in the economy as a whole via policies to improve economic performance or distributional equity. The course is designed to develop a core set of skills useful in analysis of economic issues while maintaining a commitment to a liberal arts education. Topics include fundamentals of economic thinking, economic systems, particularly the market system, how markets operate and how the concept of elasticity relates to them, production costs, various market structures, including pure competition, pure monopoly, monopolistic competition, oligopoly, and resource markets.Usually HeldTue Thu 6:50pm–9:15pm 