Course Title: Principles of Micro Economics
Campus Course Code: ECON 2306
Campus: UT Arlington
Program: GenEd
Course Description
Economics is the study of how people satisfy their wants in the face of limited resources. There are two main branches of economics, macroeconomics and microeconomics. Macroeconomics is concerned with economy-wide factors such as inflation and unemployment. Microeconomics deals with the behavior of individual households and firms and is the subject of this course.
You will study how households make decisions about what goods to buy. You will also learn how firms make decisions about what to produce and how to produce it. Examining the behavior of households and firms will give us the necessary insight to understand how the interaction between consumers' demands and producers' supplies determines prices in the marketplace.
Economics affects our everyday life. We begin each lesson with a news clip relating the concepts to be taught to a real world situation. This will allow you to grasp the importance of each new concept more easily. In many lessons, excerpts from articles are included as additional illustrations of the applicability of the economic theory or concept.
TCCN: ECON 2302
Materials
To see a complete list of materials needed for this course, as well as any important notes and instructions provided by the instructor, visit the UTTC Book Lists.
Credits:3
Level:Undergraduate
Faculty
Ryan Amacher
amacher1@mindspring.com
817-272-3888