ECON 101

Principles of Economics I

University of Michigan - Ann Arbor

This course introduces microeconomic concepts and analysis, supply and demand analysis, theories of the firm and individual behavior, competition and monopoly, and imperfect competition. Throughout the semester, the course will stress applications of elementary economic theory to real world issues and problems. Topics that we will investigate include the basic supply and demand model, price controls, taxes, trade, pollution, and monopolies.
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