Principles of Microeconomics - ECN 211
This course is an introduction
to economic concepts, principles, and
microeconomic analysis. Topics covered
include the notions of scarcity and opportunity
cost, the analysis of market equilibrium using
the framework of demand and supply, the
study of consumers’ behavior in terms of
consumption expenditure, the examination of
the production process as well as several costs
of production, and output decisions in different
market structures. The passing grade of this
course for Economics students is “C.“Other
students should check with their Department’s
administration concerning their passing grade.