221.619.01
Introduction to Microeconomics
Location
East Baltimore
Term
1st Term
Department
International Health
Credit(s)
3
Academic Year
2021 - 2022
Instruction Method
In-person
Tu, Th, 3:30 - 4:50pm
Auditors Allowed
Yes, with instructor consent
Available to Undergraduate
Yes
Grading Restriction
Letter Grade or Pass/Fail
Course Instructor(s)
Alan Sorkin
Contact Name
Frequency Schedule
Every Year
Resources
Prerequisite
None.
Introduces economics of the business enterprise, the household, and the industry. Topics include supply and demand, price and income elasticity, equilibrium of the firm, and the measurement of poverty and inequality
Learning Objectives
Upon successfully completing this course, students will be able to:
- Outline and explain the concepts of supply and demand in economics
- Discuss the concept of economic equilibrium and their applications in economic analysis
- Discuss the basic concepts of expected utility theory
- Discuss the basic concepts of production theory
- Explain the observed trends in poverty and the labor market in the United States
Methods of Assessment
This course is evaluated as follows:
- 100% Final Exam
Enrollment Restriction
undergraduates are NOT permitted in this course.