Undergraduate Catalog 2012-2013
ECO 210 Price Theory
4 hours; 4 credits
Examination of the workings of the price mechanism by which a free enterprise system solves the basic economic problems of production, distribution, and optimum methods of production. The roles of household and firm in determining prices under varying market structures. Development of a theoretical approach as the foundation for more advanced work in economics. Application of analytical tools to contemporary problems.
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