ECON 102 Principles of Economics (Micro)
Micro economics introduces students to economic decision-making at the individual firm, consumer and industry level. Topics include demand and supply theory; elasticity; cost and production functions; profit maximization analysis; government regulation and anti-trust; and international trade. It is not necessary to take ECON 101 prior to ECON 102.
Prerequisite
Eligible to enroll in
ENGL 121
Hours Weekly
3 hours weekly
Course Objectives
- Summarize opposing sides of an economic issue.
- Establish a point of view of an economic issue after analyzing and evaluating various
opposing arguments.
- Evaluate the relevance and validity of data used in micro-economic arguments.
- Analyze the implications of micro-economic policies and decisions on governments,
businesses or households.
- Discuss issues of inequality from a micro-economic perspective.
- Evaluate the impact of public policy as it relates to international trade.
Course Objectives
- Summarize opposing sides of an economic issue.
Learning Activity Artifact
- Other (please fill out box below)
- "Argument Comparison" paper
Procedure for Assessing Student Learning
- Critical and Creative Thinking Rubric
- Establish a point of view of an economic issue after analyzing and evaluating various
opposing arguments.
Learning Activity Artifact
- Other (please fill out box below)
- "Argument Comparison" paper
Procedure for Assessing Student Learning
- Critical and Creative Thinking Rubric
- Evaluate the relevance and validity of data used in micro-economic arguments.
Learning Activity Artifact
- Other (please fill out box below)
- "Argument Comparison" paper
Procedure for Assessing Student Learning
- Critical and Creative Thinking Rubric
- Analyze the implications of micro-economic policies and decisions on governments,
businesses or households.
Learning Activity Artifact
- Other (please fill out box below)
- Analyze presentation/worksheet/paper on a country case study of business data set.
Procedure for Assessing Student Learning
- Critical and Creative Thinking Rubric
- Discuss issues of inequality from a micro-economic perspective.
This objective is a course Goal Only
Learning Activity Artifact
- Other (please fill out box below)
- Quiz questions relating to inequality issues.
Procedure for Assessing Student Learning
- Other (please fill out box below)
- Rubric
- Evaluate the impact of public policy as it relates to international trade.
This objective is a course Goal Only
Learning Activity Artifact
- Other (please fill out box below)
- Quiz questions relating to international trade issues.
Procedure for Assessing Student Learning
- Other (please fill out box below)
- Rubric