Material Detail

"Principles of Microeconomics" icon

Principles of Microeconomics

The purpose of this course is to provide the student with a basic understanding of the principles of microeconomics -- the branch of economics that pertains to decisions made at the individual level, i.e. by individual consumers or individual firms, after evaluating resources, costs, and tradeoffs. The economy is the marketplace or system in which these choices interact with one another. In this course, the student will learn how and why these decisions are made and how they affect one another in the economy. This free course may be completed online at any time. See course site for detailed overview and learning outcomes. (Economics 101, Business 200)


  • User Rating
  • Comments
  • Learning Exercises
  • Bookmark Collections
  • Course ePortfolios
  • Accessibility Info

More about this material


Log in to participate in the discussions or sign up if you are not already a MERLOT member.