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221.619.01
Introduction to Microeconomics

Location:
East Baltimore
Term:
1st term
Department:
International Health
Credits:
3 credits
Academic Year:
2021 - 2022
Instruction Method:
In-person
Class Times:
  • Tu Th,  3:30 - 4:50pm
Auditors Allowed:
Yes, with instructor consent
Grading Restriction:
Letter Grade or Pass/Fail
Course Instructor:
Contact:
Alan Sorkin
Resources:
Prerequisite:

None.

Description:

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:

  1. Outline and explain the concepts of supply and demand in economics
  2. Discuss the concept of economic equilibrium and their applications in economic analysis
  3. Discuss the basic concepts of expected utility theory
  4. Discuss the basic concepts of production theory
  5. 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.

Instructor Consent:

No consent required