Transfers ToUC and CSUCal-GETC Area 4 · IGETC Area 4B · CSU GE Area D2DescriptionThis course covers the basic theories concepts terminology and uses of microeconomics. Emphasis is on the interaction of consumers, business, and industry choices in economic systems. Topics covered include optimizing behavior of individual firms and consumers, supply and demand, elasticity, consumer choice, production and costs, market structures antitrust and regulation, factor markets, income inequality and poverty, market failures, and public choice. Issues such as environmental problems are also studied. 