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Elements of Microeconomics
OVERVIEW
CEA CAPA Partner Institution: Universidad Latinoamericana de Ciencia y Tecnología
Location: San José, Costa Rica
Primary Subject Area: Economics
Other Subject Area: Business
Instruction in: English
Transcript Source: TBD
Course Details: Level 200
Recommended Semester Credits: 3
Contact Hours: 45
DESCRIPTION
The purpose of this course is to promote a deep understanding of how the economic problem is addressed by individual agents (consumer, producer) and in markets for individual products.
The concepts and skills you will learn in this class will allow you among others to:
- Demonstrate how demand elasticity affect the economy
- Understand the implications of supply shortage and how to counter it
- Find the optimal production factors to ensure output maximization
The concepts and skills you will learn in this class will allow you among others to:
- Demonstrate how demand elasticity affect the economy
- Understand the implications of supply shortage and how to counter it
- Find the optimal production factors to ensure output maximization
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