What topics will I learn about in Microeconomics?

This course is designed to introduce students to the basic principles of microeconomics and how to approach economic issues from a biblical worldview. By the end of the course, students will have a solid understanding of:

  • Basic economic concepts,
  • The nature and function of product markets,
  • The nature and function of factor markets, and
  • Market failure and the role of government in the economy.

The course will employ readings, lectures, video segments, graphing tutorials, and PowerPoint presentations to enhance understanding of these topics. Students will be expected to make use of the aforementioned resources to successfully complete the homework assignments (including assignments from the Econ Central website), participate in discussion forums, and prepare for quizzes and exams.