Course Descriptions

Principles of Microeconomics - ECON 2106


This principles of economics course is intended to introduce students to concepts that will enable them to understand and analyze structure and performance of the market economy.

ECON 2106 - Summer 2024

Course Instructor
ECON 2106 1AGAaron Johnson
ECON 2106 1BGRichard Fendler
ECON 2106 1CGMelanie Hildebrandt
ECON 2106 1DGJoel Potter
ECON 2106 1EGSara Wofford
ECON 2106 1FGGrace Onodipe

Credit Hours


  • See your home institution's prerequisite requirement.

Free Textbook

  • Open educational resources (OER)

Course Equivalency

After completing this course, you will be able to:

  • Demonstrate basic knowledge of the supply and demand model and determine the impact of market changes
  • Demonstrate basic knowledge of advanced market concepts, such as elasticity, comparative advantage, specialization, and gains to trade
  • Measure microeconomic variables such as explicit and implicit costs and analyze differences in the short-run versus the long-run
  • Evaluate and analyze levels of competitiveness in markets
  • Demonstrate basic knowledge of externalities, government regulations, and public goods
  • Unit 1: Introduction to Economics
  • Unit 2: Introduction to the Market Model
  • Unit 3: Advanced Market Concepts
  • Unit 4: Consumer Choices & Firm Behaviors
  • Unit 5: Perfect Competition & Monopolies
  • Unit 6: Monopolistic Competition, Oligopolies, & Regulation
  • Unit 7: Externalities & Public Goods

Your final grade will be based on the following breakdown. Please note that each instructor may choose to make modifications.

  • Attendance Verification - 1%
  • Homework - 35%
  • Quizzes - 25%
  • Discussions - 9%
  • Current Event Assignment - 5%
  • Midterm Exam - 15%
  • Final Exam - 10%

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