ECON 1 - Principles of Microeconomics

    Recent Professors
    GRAZYNA WEBSTER, FARHAD SABETAN, SHAHBAZ SHAHBAZI, GARIMA SATYENDER
    Recent Semesters
    Spring 2027, Winter 2027, Fall 2026, Summer 2026, Spring 2026
    Class Size
    44–65 students
    Difficulty
    5.7Moderateout of 10
    Credits
    3
    Prerequisite
    Prerequisite(s): All prerequisites must be completed with a minimum grade of "C" (or "P") or higher. Placement as determined by the college’s multiple measures assessment process or completion of a course taught at or above the level of elementary algebra.
    Spring 2027 Sections
    View Spring 2027 sections of ECON 1
    Transfers To
    Not transferable
    Description
    An introductory course using microeconomic models to understand individual decisions by consumers and firms, market outcomes including market failure, elasticity, market structures, labor markets, inequality, and the impact of government policies. Includes price theory, including supply and demand analysis, marginal utility, cost and revenue concepts, perfect and imperfect competition, international trade theory, pricing of the factors of production, poverty and income inequalities.
    Usually Held
    Mon Wed 6:40pm–8:05pm, Mon Wed 9:40am–11:05am, Tue Thu 11:20am–12:45pm, Wed 1:00pm–2:25pm