ECON 2010- Microeconomics
Microeconomics focuses on how individuals make choices due to limited resources and still gaining satisfaction with the resources they have access to. This course looks at individual firms/businesses within the economy instead of at the economy as a whole like macroeconomics. My professor was Dennis Watson at the Taylorsville Redwood Campus at Salt Lake Community College. He is proficient in explaining concepts such as; Law of Demand/Supply, Perfect Competition, Monopolies, Oligopolies, etc. We also covered Price Elasticity of Demand and Supply, Marginal Cost/Revenue, and talked about events that have happened in the real world via The Wall Street Journal. Below is the project in analyzing the profitability of Perfect Competition and Monopolistic Firms.
micro_eportfolio_fall_13_assign_pc_and_monop.xlsx | |
File Size: | 78 kb |
File Type: | xlsx |