Undergraduate Catalog 2018-2019

ECO 111 Introduction To Microeconomics

4 hours; 4 credits. An introduction to microeconomic concepts and analysis. Topics include: theory of the consumer, theory of the firm, choice under uncertainty, inter-temporal decisions, perfect competition, monopoly and monopsony, monopolistic competition, oligopoly and game theory, markets with imperfect information, and externalities and public goods. Application of analytical tools to current economic problems.
Pre- or corequisite: MTH 030 or an appropriate score on the CUNY Mathematics Assessment Test.