ECO 2501: Principles of Microeconomics


Topics to be analyzed include demand and consumer behavior, firm and market structures, international economic relations, and comparative economic systems. An emphasis will be placed on the application of these principles to current microeconomic problems and scenarios.


  1. Investigate resource scarcity as the central economic problem.
  2. Analyze how supply and demand impact the market for goods and services.
  3. Explain how supply and demand elasticity affects consumer decisions.
  4. Discuss how perfectly competitive markets affect the decision-making process in business firms.
  5. Differentiate among a monopoly, monopolistic competition, and an oligopoly.
  6. Examine the market for resources as it pertains to business firms.
  7. Critique the theories of economic regulation.
  8. Interpret poverty, pollution, and public versus private goods.


  1. ECO 2401


Micro ECON6: Principles of microeconomics

Publisher: 4LTR Press (2019)
Author: McEachern, W. A.
ISBN: 9781337408066
Price: (No information available)

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