ECO 331 Microeconomics

This course provides the basics of microeconomics with particular case study of, and application to, the services industry. Theory and application focus on markets, the price system, and resource allocation, as well as on price determination in competitive and imperfectly markets. Labor market, environmental, and other regulatory competitive issues are also addressed. Prerequisite: ECO 310 NOTE: This course replaces ECO 311 in previous curricula.