Microeconomics

ECON1002 - Microeconomics

Undergraduate | 5 Quarter Credits | 6 Weeks

Start Date

$1,750.00
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  • feature icon Undergraduate
  • feature icon 5 Quarter Credits
  • feature icon 6 Weeks
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Course Description

The principles of microeconomics explain how in a market economy the price system answers the following fundamental economic questions: What goods and services are produced and distributed as well as how and for whom? Students in this course examine the behaviors of households that supply factors of production-natural resources, labor, and capital-to firms and that purchase consumer goods and services from firms. They also investigate firms that maximize profit through their decisions about acquiring factors of production, controlling costs of production, choosing the optimal level of output, competing with other firms under different market structures, and making investment decisions about entering new markets. (Prerequisite(s): MATH 1030 or MATH 1040.)

Related Programs


Pre-Requisites

  • MATH1030: College Math OR MATH1040: College Algebra Concepts

Admission Requirements

  • Have one of the following:
    • High school diploma;
    • GED Conferred; or
    • Collegiate transcript including 12 or more credits completed as a degree-seeking student
  • Unofficial transcript(s) from institution(s) with accreditation recognized by Council for Higher Education Accreditation (CHEA) or US Department of Education. Unofficial transcripts must include the name of the institution, student name, grades earned, credits earned, degree earned (if applicable), course names/numbers and dates of attendance
  • In addition to meeting the above criteria, candidates must also meet at least one of the following:
    • Be 21 years of age or older;
    • Be less than 21 years of age with 12 quarter credit hours of college credit;
    • Be active military or a veteran (must provide documentation of service)
  • You can review more detailed admission requirements in the Walden University Student Handbook.

Payment Plan Available!

Spread your cost over two

easy payments

How to enroll?

  • 1Add course to cart
  • 2Create your account
  • 3Register for course
  • 4Upload Document(s)
  • 5Make payment and submit application
  • 6Start learning
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