Resource Economics 102 - Intro Resource Econ

Microeconomic theory for majors and non-majors. Concepts of supply, demand, markets, natural resource management, economic policy. Applications to business and government decision-making emphasized. (Gen.Ed. SB)

Open to Open to students in the Investigating Consumerism RAP in Gorman. Students in Investigating Consumerism RAP in Gorman Hall will enroll together in "Introduction to Resource Economics" (Resource Economics 102). In this course we will: build the fundamentals of microeconomics, which will help you understand how consumers and firms make decisions; learn about how these decisions are made within a market framework; and explore what happens when economic markets fail. You will be able to apply this knowledge to your interests and gain the necessary skills to have a deeper understanding of how, as consumers and maybe future producers, economics impacts and plays a role in your everyday life. NOTE:
Although there is no restriction on this course, it is recommended that students score at least a 16 on Part A of the Math Placement Test.