BECO201-MICROECONOMICS (3Cr.:3Lec)

BECO201-MICROECONOMICS (3Cr.:3Lec):

This course introduces economic analysis of individual, business, and industry choices in the market economy. Topics include the price mechanism, supply and demand, optimizing economic behavior, costs and revenue, market structures and factor markets. Upon completion, students should be able to identify and evaluate consumer and business alternatives in order to achieve economic objectives efficiently.