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Niagara County Community College Niagara County
Community College
The Smart Place to Start
    Niagara County Community College
  Sep 23, 2017
2017-2018 Student Catalog
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ECO 102 - Microeconomics

3 Cr.
Contact Hours Per Week: 3 Lec.

Microeconomics is the study of how individuals and firms face and make the various choices. Economics is the study of the efficient utilization of scarce resources to satisfy a society of unlimited human wants. Microeconomics examines the interaction of firms, consumers and government in the allocation of these scarce resources. This course will introduce students to the economic analysis of choices made by individuals, businesses and industries. Students will learn how the price mechanism and concepts of supply and demand enter into and influence their personal choices. Students will also be exposed to those economic factors that tend to affect how businesses make production choices (theory of the firm). After developing the theory of the firm, the course will then examine this theory under conditions of perfect competition, monopoly, monopolistic competition, and oligopolies.
Usually offered Fall and Spring semesters
General Education: Meets SUNY requirement for Social Science (SS)

Click here for the Summer 2017 Schedule of Classes

Click here for the Fall 2017 Schedule of Classes

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