ECON V01B - Principles of Microeconomics

    Recent Professors
    Soosan Shahrokh, Tyler Prante, Mahdieh A. Roodsari, Ara Khanjian
    Recent Semesters
    Fall 2026, Summer 2026, Spring 2026, Fall 2025, Summer 2025
    Class Size
    7–80 students
    Credits
    3
    Prerequisite
    MATH V01 (Elementary Algebra) or placement as determined by the college's multiple measures assessment process
    Fall 2026 Sections
    View Fall 2026 sections of ECON V01B
    Transfers To
    UC and CSUCal-GETC Area 4 · IGETC Area 4B · CSU GE Area D2 · CSU GE Area D
    Description
    This course is a continuation of the broad and comprehensive introduction to the operation of the American economy but with emphasis on microeconomics. Microeconomics is concerned with the small economic units: an individual household, firm, and industry. Microeconomics involves the study of scarcity, specialization and trade, market equilibrium, elasticity, production and cost theory, market structures, factor markets, and market failure, consumer behavior, the operation of the firm, and the competitive, monopolistic-competitive, oligopolistic, and monopolistic structures of industries. International trade and finance, comparative economic systems, and economic growth and development are also examined.
    Usually Held
    Mon Wed 11:30am–12:45pm, Tue Thu 10:00am–11:15am, Tue Thu 10:00am–11:20am