Aug 05, 2026  
2026-2027 DCTC Catalog 
  
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2026-2027 DCTC Catalog

ECON 1100 - Principles of Microeconomics


3 Credits
This course is an introduction to: price mechanisms, supply and demand, resource allocation, analysis of market structures, distribution of income, and business decisions with regard to cost analysis.

Learning Outcomes
Discuss the economics of firms; how prices and outputs are determined.

Explain the concepts of supply and demand, and their application.

Analyze microeconomic problems and policies.

Describe the impact of the global market on the U.S.

Outline the different types of industries in the U.S.

Minnesota Transfer Curriculum (MNTC) Goals
05 - Hist/Soc/Behav Sci