ECON 101

ECON 101

Resource allocation, opportunity cost, comparative and absolute advantage taught at Iowa State University.

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ECON 101: Principles of Microeconomics ΒΆ

Course Title: Principles of Microeconomics
Description: Resource allocation, opportunity cost, comparative and absolute advantage. Supply and demand. Marginal analysis. Theories of production and consumption, pricing, and the market system. Perfect and imperfect competition and strategic behavior. Factor markets. Present discounted value (Economics (ECON) | Iowa State University Catalog).
Tags:

  • microeconomics
  • supply-and-demand
  • opportunity-cost
  • marginal-analysis
  • market-structures