Credits 3
Total Hours 3
Academic Group NDEV
Effective Date 2011-01-14
Description
Introduces the basic concepts of microeconomics. Explores the free market concepts with coverage of economic models and graphs, scarcity and choices, supply and demand, elasticities, marginal benefits and costs, profits, and production and distribution.
Prerequisites
demonstrated proficiency on the placement examination or successful completion of ENF 1 or ENF 2 , MTE 1 , MTE 2 , MTE 3 ,MTE 4 , MTE 5