EconS
305 Firm and Market Policy
Course Overview
This course presents the theory of price determination and market behavior under different market structures. It also covers economic problems posed for public policy. The class is not calculus-based. Credit is not granted for both EconS 301 and 305.
3 credits.
Course Objectives
When you successfully complete this course, you will have developed and/or enhanced the following skills:
- Analyze and describe how firms in a given industry will be impacted by changes in prices, consumer demand, and costs of production.
- Evaluate how public sector programs and policy proposals will likely impact the demand and prices for a firm’s products or services.
- Apply quantitative and analytical methods to solve significant business problems
and identify new business opportunities.
- Apply critical thinking skills to cogently describe the economic outcomes
of public policies and firm decisions in our society.
Course Prerequisites
EconS 101. (Credit not granted for both EconS 301 and EconS
305.)
Students should have skills and competencies in algebra and principles of geometry for graphic presentation. Clear and concise writing skills are also expected.
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