Recent ProfessorsNot yet assignedRecent SemestersNo scheduled sections on recordClass SizeNot publishedCredits3PrerequisitePrerequisite(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. Transfers ToCSUDescriptionAn 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.