Description
Overview
This is a must take classes for a lot of majors and for general education requirements too. The class is not very quantative in nature, and not much serious computation will be required; the course is more oriented towards your basic understanding of fundamental microeconomics topics such as supply/demand, consumer theory, production theory, and game theory.
From The Georgetown Registrar
This course first develops simple graphical and mathematical models of decision-making by individual economic agents: consumers, workers, and businesses. We analyze interactions between these agents in product and factor markets using concepts of market demand, supply, and equilibrium. Finally, we demonstrate the efficiency of perfectly competitive markets, describe the conditions under which that efficiency arises, and examine market failures that occur when those conditions are not met. Credits: 3 Prerequisites: none
Getting In
This class is probably one of the most popular classes in Georgetown, because Microeconomics Principles is a requirement for a lot of majors and for general education requirement. Check with the registrar regularly for openings.