Course Description

The theory of price determination and resource allocation in a private enterprise economy, analysis of consumer and producer choices, influences of market structure, and the interrelationship of product prices and factor incomes.  Prerequisites: EC 0005 Principles of Economics or EC 0008 Principles of Economics with Environmental Applications; and Mathematics 0032 Calculus I (or similar courses).

Basic Enrollment Requirements: 

Academic Year (Fall/Spring): Unofficial Transcript – High School Diploma or current high school transcript (for high school students only in applicable classes), Bachelor’s Degree, or progress towards a Bachelor’s Degree + 3.0 GPA.

Summer: None

Refund Policy: The refund policy for Courses at Tufts offerings is dependent on the offering type: whether the offering is a course, workshop or short course, or in-demand offering. Please refer to the section details to confirm the type of offering as well as any exceptions to the standard refund policy. The refund policies for each offering type are viewable here: https://universitycollege.tufts.edu/policies/refunds#Courses-at-Tufts-(Academic-Year--Summer-Session)

Remission Eligible: Yes; first day of term; all university policies apply.