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Black Hills State University

 

 
   
    Jul 19, 2018  
2018-2019 Undergraduate Catalog 
    
2018-2019 Undergraduate Catalog

ECON 201 - Principles of Microeconomics

Common Course Number & Description
Principles of microeconomics studies basic economic concepts as they relate to consumer, worker, and business decisions. Emphasis is given to satisfaction maximizing behavior by individuals and profit maximization by firms. Market structures are thoroughly analyzed regarding their effect on price, output, and competitiveness.