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Course Outlines
Course Outlines

Principles of Microeconomics — ECON 1100

  1. Course Description
    • Credits: 3.00
    • Lecture Hours/Week: 3.00
    • Lab Hours/Week: 0.00
    • OJT Hours/Week: 0
    • Prerequisites: None
    • Corequisites: None
    • MnTC Goals:
      • 05 – Hist/Soc/Behav Sci
    This course is an introduction to: price mechanisms, supply and demand, resource allocation, analysis of market structures, distribution of income, and business decisions with regard to cost analysis. Meets MnTC Goal 5
  2. Course Effective Dates: 6/3/02 – Present
  3. Outline of Major Content Areas
      As noted on course syllabus
  4. Learning Outcomes
    1. Analyze microeconomic problems and policies.
    2. Describe the impact of the global market on the U.S.
    3. Discuss the economics of firms; how prices and outputs are determined.
    4. Explain the concepts of supply and demand, and their application.
    5. Outline the different types of industries in the U.S.
  5. Minnesota Transfer Curriculum Goal Area(s) and Competencies
      Goal 05 — Hist/Soc/Behav Sci
      • No Competencies Indicated
  6. Learner Outcomes Assessment
      As noted on course syllabus
  7. Special Information
      None noted