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ECN 103 Principles of Microeconomics
Credit Hours: 3
Prerequisite: Reading: Grade of C or better in RDG 091, an ACT Reading score of 18 or above, or an appropriate placement score Writing: Grade of C or better in ENG 098, an ACT English score of 20, or an appropriate placement score. Math: Grade of C or better in MTH 098 or MTH 099, an ACT Math score of 23, or an appropriate placement score.+

A basic course introducing the core microeconomic terms and tools applied to the study of businesses146 decisions. The class includes an overview of the economic way of thinking, elasticity of demand and supply, consumer146s theory, production and costs theories, market structures, resource markets, and the impact of government actions and globalization in the decisions of the firm. (1.1) Fulfills the ECC/IAI General Education/Social Sciences requirement. IAI Course Number: S3 902 Proficiency Credit Available Pass/No Credit Not Available