Describe microeconomic terms and concepts
COURSE LEARNING OUTCOMES
Upon successful completion of this course, students will be able to
1. Describe microeconomic terms and concepts.
ECO204: PRINCIPLES OF MICROECONOMICS COURSE GUIDE
2. Apply critical thinking skills to analyze and apply economic principles to microeconomic problems.
3. Evaluate the role that free choice of economic agents plays in determining the equilibrium level of output, prices,
and employment.
4. Predict how microeconomic issues may affect the basic business environment.
5. Analyze how local and global events will affect microeconomic variables.
6. Identify the ways that governments can influence microeconomic variables.
7. Evaluate the costs and benefits of government intervention in the economy.
ECO204.Online.CG.2018.11.29.AP (1)
Answer preview to describe microeconomic terms and concepts
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