L11 Econ 1011 Introduction to Microeconomics

Determination of prices; distribution of national income; theory of production. For a thorough introduction to economics, Econ 1021 also should be taken.

Credit 3 units. A&S: SS, QA A&S IQ: SSC, AN Arch: NSM, SSC Art: NSM, NSM, SSC EN: S

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Admission Procedures


...given. Not recommended to bypass Econ 1011. Economics-Macro (L11) -- Test: EMA Grade 5: 3...

Environmental Studies


...to implement environmental policy. Prerequisite: Econ 1011. Same as L11 Econ 451 Credit 3 units...



The Economics program explores the problems of a modern economy and introduces the methodological tools economists use. It emphasizes the development of analytical models and their application to important economic, social and political issues such as inflation, unemployment, taxation, poverty, pollution, government decision-making and regulation. Our faculty, which is made up of leading teacher-scholars, includes specialists in: economic history, game theory, microeconomics, industrial organization, macroeconomics, monetary economics, political economy and public finance.