Recent SemestersSummer 2026, Spring 2026, Fall 2025, Summer 2025, Spring 2025Class Size30–35 studentsCredits3PrerequisiteMATH 430 or MATH 205 Transfers ToUC and CSUCal-GETC Area 4 · IGETC Area 4B · CSU GE Area D2DescriptionIntroduction to microeconomic principles, theory, and analysis. Topics include scarcity and resource allocation, specialization and exchange, and the determinants and distribution of output, income, and welfare through the market system, as well as elasticity, production and cost theory, and market failure caused by externalities and asymmetric information. Includes consumer choice and utility maximization, as well as profit maximization in various competitive settings. This course has the option of a letter grade or pass/no pass. (C-ID: ECON 201) PREREQUISITE: MATH 430 or MATH 205Usually HeldThu 12:05pm–1:35pm 