Course Description: Analysis of competitive and non-competitive markets, including behavior of producers and consumers. Topics include income distribution, price and income elasticity, production costs, and international trade.

Course Objectives: Upon completion of the course, the student will be able to:

1. Diagram and interpret demand and supply schedules.
2. Explain the elementary theory of consumer and producer behavior.
3. Analyze the firm's cost of production and sources of revenue.
4. Identify the major characteristics of the following business structures: pure competition, monopolistic competition, oligopoly, and monopoly.
5. Explain the meaning of general equilibrium and determine how the cost of wages and rent is derived.
6. Discuss, using microeconomic principles, current economic issues such as poverty, welfare policies, environmental protection, as well as other national and international trade and governmental policies.
7. Communication Skills: The student will be able to:
• Write with a sense of purpose, organization, and mechanical correctness.
• Deliver purposeful message with appropriate physical presence and vocal variety.*
8. Problem Solving Skills: The student will be able to:
• Recognize the problem.
• Review information about the problem.
• Develop plausible solutions.
• Evaluate results.*
9. Math Skills: The student will be able to:
• Demonstrate the ability to convert and calculate physical quantities.
• Analyze and solve word problems.*
10. Social Skills: The student will be able to:
• Demonstrate interactive behaviors.
• Demonstrate knowledge of individual, national, and international diversity.*

*Fundamental Academic Competencies and Skills

Content Information:

In order to receive a passing grade for ECON 2120 , students must successfully complete the following:

Chapter tests over each assigned chapter.
Chapter quizzes and chapter postings on economic issues.
Homepage with background information

Course Expectations: Students are expected to:

• Spend approximately 15 hours per week learning micro economics and preparing for tests and assignments.
• Submit assignments including written and oral and meet deadlines for testing.
• Communicate with instructor regularly throughout the course.
• Manage the technology of an on-line course; work the on-line tutorials if not an experienced on-line student.
• Act in a mature and professional manner when interacting with instructor and classmates.

Student Requirements:

1. Have a valid email address
2. Email the course instructor within three days of registration giving student’s mailing address.
3. Contact instructor immediately with change of address.
4. Must obtain required access codes, books, lab supplies, and supplemental materials.
5. The students must have computer literacy skills to:
• Save and retrieve files to a location
• Download, save and open files from a source
• Locate and submit files with an attachment
• Create, edit, save and retrieve files from a location
• Participate in an online chat room environment
• Navigate the Internet to reach a website or search the Internet
• Create, open and read emails; also, attach files in an email
6. Students are strongly encouraged to take the online tutorial and/or non-credit online preparation course.
7. Have adequate computer operating hardware

**See online course information on the NECC website for hardware requirements**

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Online Admission
http://www.northeastcollege.com/hawknet.php