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ECO 1104 INTRODUCTION TO MICROECONOMICS

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    CRABBE, GRAY, Théoret,Claude, ZHONGCHANGLONG, NADEAU, davidgray, Stevens, Jean-FrancoisNadeau, Dylan, claude, JianweiZhong, harrislawrence, JeffreyPeter, Rahimi, davidgrey, lenjosek, Staff, Mendes, Gordon Lenjosek
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    • Profile picture
    May 20, 2016
    | Would highly recommend.

    Pretty easy, overall.

    Course Overview:

    Introduces students to the study of individual economics agents' behavior.

    Course highlights:

    Nature and scope of economics. Scarcity and choice. Market mechanism. Demand and supply curves. Shifts of demand and supply. Elasticity and determinants. Consumer behaviour. Nature of the firm and its basic decisions. Production functions. Total, average, and marginal cost curves. Price decision. Perfect competition. Monopoly. Price discrimination. Government regulation. Factor pricing. Case studies and applications. Comparative advantage.

    Hours per week:

    3-5 hours

    Advice for students:

    the course doesn't involve a lot of math so it's pretty simple.

    • Winter 2014
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