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Course Description

Schoolcraft is excited to offer traditional credit face-to-face, hybrid, online, and remote classes for Fall 2020 while providing students a safe experience based on recent COVID-19 concerns.

Please see the COVID-19 web page to learn more. Keep checking the schedule for additions on our New, Added, and Late Starting Courses web page.

Economics - ECON 202

Principles of Microeconomics

4 Credit Hours
4 Lecture Hours

Course Description

This course provides students with an introduction to the theory of consumer behavior, production theory, market structure in product and resource/factor markets and microeconomic policy.

Prerequisites

(A requirement that must be completed before taking this course.)

  • MATH 47 or a minimum score of 19 ACT-Math, 25 SAT-Math, 75 CPT-Arithmetic, 28 CPT-Elementary Algebra, 260 NGA-Arithmetic or 230 NGA-Quantitative Reasoning, Algebra and Statistics.

Course Competencies

Upon successful completion of the course, the student should be able to:

  • Summarize economics and its relationship to the other social sciences.
  • Explain the basic microeconomic concept.
  • Illustrate graphs in economics analysis.
  • Analyze graphs in economics analysis.
  • Evaluate the role of rational self-interest in microeconomic analysis.
  • Analyze household behavior in product and factor markets.
  • Analyze producer behavior in product and factor markets.
  • Characterize the four basic market models.
  • Prescribe microeconomic policy to both product and resource/factor markets.
  • Appraise the situation of global poverty.
  • Examine the distribution of income in the U.S.
  • Investigate antitrust policy in the U.S. economy.
  • Solve a variety of economic problems using mathematical methods.

Course Schedule

 CourseSectionCourse TitleLocationCredit HoursInstructorsSeats Available ⁄Capacity ⁄WaitlistStatusFeeDays-Time-Room

Fall; 2020; ECONOMICS; No of Weeks : 7; Begins : 10/27/2020

 202141209Prin MicroeconomicsRMT4Winston G7/24/0Open$12.00M W  12:30 PM-02:54 PM WEBWEB
F  12:30 PM-04:02 PM WEBWEB

Fall; 2020; ECONOMICS; No of Weeks : 12; Begins : 09/22/2020

 202142985Prin MicroeconomicsONL4Badry P1/31/7Closed$12.00 
 202142999Prin MicroeconomicsONL4Hunt D2/31/0Open$12.00 
 202246110Prin MicroeconomicsRMT4Howie C2/24/0Open$12.00T R  09:00 AM-11:26 AM WEBWEB

Fall; 2020; ECONOMICS; No of Weeks : 15; Begins : 08/31/2020

 202141211Prin MicroeconomicsRMT4Heini D1/24/0Open$12.00T R  01:30 PM-03:24 PM WEBWEB
 202141250Prin MicroeconomicsRMT4Hale K13/24/0Open$12.00T R  06:00 PM-07:54 PM WEBWEB
 202142965Prin MicroeconomicsONL4Howie C5/31/0Open$12.00 
 202142997Prin MicroeconomicsONL4Howie C3/31/0Open$12.00 
 202246124Prin MicroeconomicsRMT4Howie C3/24/0Open$12.00M W  01:00 PM-02:54 PM WEBWEB

Winter; 2021; ECONOMICS; No of Weeks : 12; Begins : 02/02/2021

 202112708Prin MicroeconomicsONL4Howie C31/31/0Open$12.00 
 202112906Prin MicroeconomicsONL4Hunt D31/31/0Open$12.00 

Winter; 2021; ECONOMICS; No of Weeks : 15; Begins : 01/11/2021

 202111209Prin MicroeconomicsRMT4Heini D31/31/0Open$12.00T R  09:00 AM-10:54 AM WEBWEB
 202111212Prin MicroeconomicsRMT4Hale K31/31/0Open$12.00M W  04:00 PM-05:54 PM WEBWEB
 202112470Prin MicroeconomicsONL4Howie C31/31/0Open$12.00 
 202112927Prin MicroeconomicsONL4Howie C31/31/0Open$12.00 
 202112952Prin MicroeconomicsONL4Hunt D31/31/0Open$12.00 
 202216140Prin MicroeconomicsRMT4Howie C31/31/0Open$12.00T R  02:00 PM-03:54 PM WEBWEB

Key: Day of the Week

  • T = Tuesday
  • R = Thursday
  • S = Saturday
  • X = Sunday