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Nov 22, 2024
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ECON& 201 Microeconomics (5 credits) GER-SS Prereq: MATH 096 or MATH 098 or equivalent with a grade of 2.0 or better or placement test score above MATH 098.
Study of scarcity; the allocation of resources; supply and demand; production; market structures; determination of output and prices with emphasis on a market economy; labor and capital markets; role of government in a market economy; comparative advantage; international trade; and distribution of income.
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