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|Course ID||Course Name||Prerequisite||Total Credits||Lab Credits|
|BU 158||PRINCIPLES OF MICROECONOMICS||MA 95, EN 95||3|
This course covers the foundation of how the economy works, allocation of scarce resources, and how the production and distribution choices are made in an economic system. The function of the market and consumer behavior, market demand and price theory, the theory of the firm, and the impact of different market structures for output and input are covered.