ECON 1150

Understanding microeconomics is like gaining a superpower for your career. It equips you with the analytical skills to identify market opportunities, optimize resource allocation, and understand economic trends. These abilities are invaluable across a wide range of professions, from finance and consulting to public policy and entrepreneurship. This course helps you make better decisions and stand out in the competitive business landscape. Topics include specialization and exchange, supply and demand, elasticity, consumer behaviour, cost, market structure, and market failure. Note: Students planning to take both ECON 1150 and ECON 1250 are recommended to successfully complete ECON 1150 first.