Principles of Microeconomics (ECON 203)

Term: 2022-2023 Academic Year - Spring Semester

Faculty

Michael KnappShow MyInfo popup for Michael Knapp

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Schedule

Wed, 5:00 PM - 8:00 PM (1/23/2023 - 5/14/2023) Location: PH

Description

This course is designed to give students an understanding of basic economic concepts, such as: supply and demand, the operation of the price mechanism, substitute goods, economic trade-offs and opportunity cost, which affect the activities of businesses and consumers in a capitalist market economy. Emphasis is also given to the Mixed Economy, and how the student becomes part of it on, or off, the reservation.
Prerequisite: Math 103
3 credits