ECO 2302 Principles of Economics course introduces students to the principles of microeconomics, income distribution, and price theory.

ECO 2302 Principles of Economics course introduces students to the principles of microeconomics, income distribution, and price theory. In this course you will study about some topics like marginal productivity theory, demand theory, international finance, oligopoly and monopoly and international trade.   This course will teach students to identify market structures based on characteristics. In this course students will learn to identify profit or loss using graphs and calculate quantity in the market and profit maximizing price. The course will introduce students to opportunity cost, scarcity, profit analysis, and the role of expertise in economic decision making. In this course students will learn about concepts related to long-term and short-term costs of production.

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