| Course ID: | AAEC 2580E. 3 hours. |
| Course Title: | Applied Microeconomic Principles |
Course
Description: | Individual consumer and producer behavior in a market economy using economic principles to analyze and solve problems in resource allocation, food production, distribution, environmental management, economic development, and international trade. |
| Oasis Title: | Appl Microeconomic Principles |
| Duplicate Credit: | Not open to students with credit in AAEC 2580 |
| Nontraditional Format: | This course will be taught 95% or more online. |
| Grading System: | A-F (Traditional) |
|
| Course Objectives: | This course is an introduction to the economic principles
through which we can understand why people, business,
government, and society as a whole behave as they do. The
concepts covered throughout this course will provide you with a
solid foundation in economic thinking and new tools for
conceptualizing and analyzing real world issues. |
| Topical Outline: | 1. Introduction to Economics
2. Gains from Trade
3. Supply and Demand
4. Elasticity
5. Taxes
6. Surplus
7. Effect of Taxes
8. Externalities
9. Public Goods
10. Production
11. Competitive Markets
12. Monopoly
13. Oligopoly
14. Special Topics in Agricultural and Environmental Economics
15. Game Theory
16. Behavioral Economics |
| Honor Code Reference: | Students will be expected to abide by the UGA Student Honor
Code. |