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ECON 201 Principles of Microeconomics 4.0 Credits

What is produced in an economy? How is it produced? Who gets the product? When do markets succeed or fail? To answer these and many other fundamental questions related to the real-world behavior of consumers and firms, this course will teach you how to think like an economist. It will introduce you to economics and microeconomic theory with an emphasis on policy and empirical applications. You will develop skills, insights, and working knowledge of economics that are crucial for successful decisions by consumers, business executives, policymakers, entrepreneurs, and global leaders.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit

Economics

http://catalog.drexel.edu/undergraduate/schoolofeconomics/economicsbs/

Major: Economics Degree Awarded: Bachelor of Science in Economics (BSECON) Calendar Type: Quarter Total Credit Hours: 180.0 Co-op Options: Three Co-op (Five years); One Co-op (Four years); No Co-op (Four years) Classification of Instructional Programs (CIP) code: 45.0603 Standard Occupational Classification (SOC) code: 19-3011

Economic Analysis

http://catalog.drexel.edu/undergraduate/schoolofeconomics/economics/

Economics

Behavioral Economics, Business, and Organizations

http://catalog.drexel.edu/undergraduate/schoolofeconomics/behavioraleconomicsbusinessandorganizations/

...0 ECON 202 4.0 COM 230 3.0 VACATION ECON 201 4.0 ECON...

Economics and Business

http://catalog.drexel.edu/undergraduate/schoolofeconomics/economicsandbusiness/

...EXPERIENCE ECON 301 4.0 ECON 321 4.0 MKTG 201 4.0 ECON 350...

Economics and Mathematics

http://catalog.drexel.edu/undergraduate/schoolofeconomics/economicsandmathematics/

...164 3.0 ECON 202 4.0 CS 172 3.0 ECON 201 4.0...

Global Studies

http://catalog.drexel.edu/undergraduate/collegeofartsandsciences/globalstudies/

...Credits Spring Credits Summer Credits ECON 201 4.0 ECON 202 4.0 Language course...

Economics and Data Science

http://catalog.drexel.edu/undergraduate/schoolofeconomics/economicsanddatascience/

...or 164 3.0 VACATION ECON 201 4.0 ECON 202 4.0 ENGL 103...

Economics and Public Health

http://catalog.drexel.edu/undergraduate/schoolofeconomics/economicsandpublichealth/

...1.0 ECON 202 4.0 COOP 101 ** 1.0 VACATION ECON 201 4.0...

Philosophy, Politics and Economics

http://catalog.drexel.edu/undergraduate/collegeofartsandsciences/philosophypoliticseconomics/

...Credits Summer Credits ECON 201 4.0 ECON 202 4.0 ECON 326 4.0...

Business Economics

http://catalog.drexel.edu/undergraduate/schoolofeconomics/businesseconomics/

...0 ECON 301 4.0 BLAW 201 4.0 MIS 200 4.0 MKTG 201...

Esport Business

http://catalog.drexel.edu/undergraduate/collegeofbusiness/esportbusiness/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

Entertainment & Arts Management BS / Business Administration MBA

http://catalog.drexel.edu/undergraduate/collegeofmediaartsanddesign/entertainmentartsbs-mba/

...301 3.0 ECON 201 4.0 ECON 202 4.0 MKTG 201 4.0...

Technology Innovation Management

http://catalog.drexel.edu/undergraduate/collegeofbusiness/technologyinnovationmanagement/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

Sport Business

http://catalog.drexel.edu/undergraduate/collegeofbusiness/sportbusiness/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

International Business

http://catalog.drexel.edu/undergraduate/schoolofeconomics/internationalbusiness/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

Business and Engineering

http://catalog.drexel.edu/undergraduate/collegeofbusiness/businessandengineering/

...0 ACCT 116 4.0 ECON 201 4.0 ECON 202 4.0 CIVC 101...

Economics BS / Business Administration MBA

http://catalog.drexel.edu/undergraduate/schoolofeconomics/economicsbs-businessadministrationmba/

...or 112 3.0 (UG) ECON Elective 4.0 ECON 201 4.0 MATH 102...

General Business

http://catalog.drexel.edu/undergraduate/collegeofbusiness/generalbusiness/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

Economics BA / Business Administration MBA

http://catalog.drexel.edu/undergraduate/schoolofeconomics/economicsba-businessadministrationmba/

...or 112 3.0 (UG) ECON Elective 4.0 ECON 201 4.0 MATH 102...

Accounting

http://catalog.drexel.edu/undergraduate/collegeofbusiness/accounting/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

Business Analytics

http://catalog.drexel.edu/undergraduate/collegeofbusiness/businessanalytics/

...ACCT 115 4.0 VACATION ECON 201 4.0 ECON 202 4.0 BSAN 160...

Finance

http://catalog.drexel.edu/undergraduate/collegeofbusiness/finance/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

Legal Studies

http://catalog.drexel.edu/undergraduate/collegeofbusiness/legalstudies/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

Management Information Systems

http://catalog.drexel.edu/undergraduate/collegeofbusiness/managementinformationsystems/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

Marketing

http://catalog.drexel.edu/undergraduate/collegeofbusiness/marketing/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

Operations & Supply Chain Management

http://catalog.drexel.edu/undergraduate/collegeofbusiness/operationandsupplychainmanagement/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

Organizational Management

http://catalog.drexel.edu/undergraduate/collegeofbusiness/organizationalmanagement/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

Real Estate Management and Development

http://catalog.drexel.edu/undergraduate/collegeofbusiness/realestatemanagementanddevelopment/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

Entertainment & Arts Management

http://catalog.drexel.edu/undergraduate/collegeofmediaartsanddesign/entertainmentartmgmt/

...301 3.0 ECON 201 4.0 ECON 202 4.0 MKTG 201 4.0...

International Business Co-Major

http://catalog.drexel.edu/undergraduate/schoolofeconomics/internationalbusinesscomajor/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

Construction Management

http://catalog.drexel.edu/undergraduate/collegeofengineering/constructionmanagement/

...0 ECON 201 4.0 COM 230 3.0 GEO 101 4.0 ECON 202...

Software Engineering

http://catalog.drexel.edu/undergraduate/collegeofcomputingandinformatics/softwareengineering/

...110 , ECON 201 , or ECON 202 4.0 ACCT 110 , ECON 201 , or ECON 202...

Design & Merchandising

http://catalog.drexel.edu/undergraduate/collegeofmediaartsanddesign/designandmerchandising/

...231 3.0 MKTG 201 4.0 AFAS 301 ECON 201 4.0 Career Pathway...

Environmental Studies and Sustainability

http://catalog.drexel.edu/undergraduate/collegeofartsandsciences/environmentalstudiesandsustainability/

...0 ECON 202 4.0 COOP EXPERIENCE COOP EXPERIENCE ECON 201 4.0 GEO 201...

Music Industry BS / Business MBA

http://catalog.drexel.edu/undergraduate/collegeofmediaartsanddesign/musicindustrybs_businessmba/

...Credits COOP 101 1.0 ECON 201 4.0 BLAW 201 4.0 COOP EXPERIENCE...

Music Industry

http://catalog.drexel.edu/undergraduate/collegeofmediaartsanddesign/musicindustry/

...Credits COOP 101 1.0 ECON 201 4.0 BLAW 201 4.0 COOP EXPERIENCE...

Computing and Security Technology

http://catalog.drexel.edu/undergraduate/collegeofcomputingandinformatics/computingandsecuritytechnology/

...PSCI, PSY, SOC, WRIT, ECON, ENTP, ARTH, FMST...330 3.0 CT 201 3.0 CT...

Health Services Administration

http://catalog.drexel.edu/undergraduate/collegeofnursingandhealthprofessions/healthservicesadministration/

...Credits Summer Credits CS 150 ** 3.0 ECON 201 , 202 , or 240 4.0 HSAD...

Hospitality Management

http://catalog.drexel.edu/undergraduate/collegeofnursingandhealthprofessions/hospitalitymanagement/

...0 HRM 160 3.0 ECON 201 4.0 MKTG 201 4.0 NFS 100...

Entrepreneurship and Innovation

http://catalog.drexel.edu/undergraduate/schoolofentrepreneurship/entrepreneurshipandinnovation/

...Credits Summer Credits ECON 201 4.0 COM 230 3.0 MKTG 201 4.0...

Sport Business BSBA / Business Administration MBA

http://catalog.drexel.edu/undergraduate/collegeofbusiness/sportbusinessbsba-mba/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

Materials Science and Engineering

http://catalog.drexel.edu/undergraduate/collegeofengineering/materialsscienceandengineering/

...0 CHEM 241 4.0 ECON 201 4.0 ECON 202 4.0 BIO 108...

Materials Science & Engineering BS / Materials Science & Engineering MS

http://catalog.drexel.edu/undergraduate/collegeofengineering/materialsscienceengineeringbsms/

...Credits Spring Credits Summer Credits ECON 201 4.0 ECON 202 4.0 COOP EXPERIENCE...

Accounting (BSBA) / Master of Business Administration (MBA)

http://catalog.drexel.edu/undergraduate/collegeofbusiness/accountingbsba-mba/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

Finance BSBA / Business Administration MBA

http://catalog.drexel.edu/undergraduate/collegeofbusiness/financebsba-mba/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

Legal Studies BSBA / Business Administration MBA

http://catalog.drexel.edu/undergraduate/collegeofbusiness/legalstudiesbsba-mba/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

International Business BSBA / Business Administration MBA

http://catalog.drexel.edu/undergraduate/collegeofbusiness/internationalbusinessbsba-mba/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

Marketing BSBA / Business Administration MBA

http://catalog.drexel.edu/undergraduate/collegeofbusiness/marketingbsba-mba/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

Real Estate Management and Development BSBA / Business Administration MBA

http://catalog.drexel.edu/undergraduate/collegeofbusiness/realestatemanagementanddevelopmentbsba-mba/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

Management Information Systems (BSBA) / Business Administration (MBA)

http://catalog.drexel.edu/undergraduate/collegeofbusiness/managementinformationsystemsbsba-mba/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

Operations & Supply Chain Management (BSBA) / Business Administration (MBA)

http://catalog.drexel.edu/undergraduate/collegeofbusiness/operationsandsupplychainmanagementbsba-mba/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

Marketing BSBA / Strategic & Digital Communication MS

http://catalog.drexel.edu/undergraduate/collegeofbusiness/marketingbsba-strategicdigitalcommunicationms/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

Entrepreneurship and Innovation Three-Year Option

http://catalog.drexel.edu/undergraduate/schoolofentrepreneurship/entrepreneurshipandinnovation-3year/

...Credits Summer Credits ECON 201 4.0 COM 230 3.0 MKTG 201 4.0...

English

http://catalog.drexel.edu/undergraduate/collegeofartsandsciences/english-secondaryeducation-concentration/

...ARTH 101 , 102 , or 103 3.0 ECON 201 4.0 EDUC 205 1.0...

Business Undeclared

http://catalog.drexel.edu/undergraduate/collegeofbusiness/businessundeclared/

...4.0 ACCT 115 4.0 VACATION ECON 201 4.0 CIVC 101 1.0...

Computer Science

http://catalog.drexel.edu/undergraduate/collegeofcomputingandinformatics/computerscience/

...any ACCT, BLAW, BUSN, ECON, ENTP, FIN, HRMT...200 4.0 MATH 201 4.0 MATH...

Product Design

http://catalog.drexel.edu/undergraduate/collegeofmediaartsanddesign/productdesign/

...235 3.0 PROD 210 3.0 ECON 201 4.0 PROD 225 3.0...

Design & Merchanding BS / Business Administration MBA

http://catalog.drexel.edu/undergraduate/collegeofmediaartsanddesign/design-and-merchandising_bsmba/

...0 (UG) Career Pathway Elective 3.0 ECON 201 4.0 (UG) Career Pathway Elective...

Elementary Education: Non-Certification

http://catalog.drexel.edu/undergraduate/schoolofeducation/education-noncertification/

...Credits Summer Credits COOP EXPERIENCE COOP EXPERIENCE ECON 201 4.0 EDLT 325 3.0...

Environmental Studies & Sustainability BA / Environmental Policy MSEP

http://catalog.drexel.edu/undergraduate/collegeofartsandsciences/environmentalstudiesba_environmentalpolicymsep/

...0 ENSS 244 4.0 ECON 201 4.0 ECON 202 4.0 ENVS 260...

Data Science

http://catalog.drexel.edu/undergraduate/collegeofcomputingandinformatics/datascience/

...0 MATH 201 4.0 STAT 201 4...any ACCT, BLAW, BUSN, ECON, ENTP, FIN, HRMT...

Global Studies BA / Business Administration MBA

http://catalog.drexel.edu/undergraduate/collegeofartsandsciences/globalstudiesba-mba/

...4.0 (UG) Language course 3.0 ECON 201 4.0 (UG) GST Concentration Requirement...

Global Studies BA / Strategic & Digital Communication MS

http://catalog.drexel.edu/undergraduate/collegeofartsandsciences/globalstudiesba-strategicdigitalcommunicationsms/

...GST Concentration Requirement 3.0 ECON 201 4.0 ECON 202 4.0 (UG) GST...

Health Sciences

http://catalog.drexel.edu/undergraduate/collegeofnursingandhealthprofessions/healthsciences/

...Credits COOP EXPERIENCE COOP EXPERIENCE ECON 240 4.0 HSCI 201 4.0 HSCI 315...

Design of Learning Technologies

http://catalog.drexel.edu/undergraduate/schoolofeducation/designoflearningtechnologies/

...101 3.0 INFO 105 3.0 ECON 201 4.0 BIO 100 3.0...

Teacher Education, English BS / Teaching, Learning and Curriculum MS

http://catalog.drexel.edu/undergraduate/schoolofeducation/teachereducationenglishbs-teachinglearningcurriculumms/

...230 3.0 ECON 201 4.0 EDEX 344 3.0 ENGL 201 3.0...

Teacher Education, Secondary Social Studies BS / Teaching, Learning and Curriculum MS

http://catalog.drexel.edu/undergraduate/schoolofeducation/teachered-secondarysocialstudiesbs-teachinglearningcurriculumms/

...Credits EDUC 409 9.0 ECON 201 4.0 ECON 202 4.0 EDAM 705...

Elementary Education: PK-4

http://catalog.drexel.edu/undergraduate/schoolofeducation/elementaryeducation/pk4/

...Credits Summer Credits COOP EXPERIENCE COOP EXPERIENCE ECON 201 4.0 EDLT 325 3.0...

Teacher Education: Earth and Space Science

http://catalog.drexel.edu/undergraduate/schoolofeducation/teachereducation/earthandspacescience/

...216 3.0 EDEX 368 3.0 ECON 201 4.0 COOP 101 * 1.0...

Teacher Education: English

http://catalog.drexel.edu/undergraduate/schoolofeducation/teachereducation/english/

...230 3.0 ECON 201 4.0 EDEX 344 3.0 ENGL 201 3.0...

Teacher Education: Social Studies

http://catalog.drexel.edu/undergraduate/schoolofeducation/teachereducation/socialstudies/

...Credits EDUC 409 9.0 ECON 201 4.0 ECON 202 4.0 PSCI 220...

Global Studies BA / Public Health MPH

http://catalog.drexel.edu/undergraduate/collegeofartsandsciences/globalstudiesba-mph/

...0 ECON 202 4.0 BIO 108 1.0 BIO 110 1.0 ECON 201...

Environmental Science BS / Environmental Policy MS

http://catalog.drexel.edu/undergraduate/collegeofartsandsciences/environmentalsciencebs_environmentalpolicyms/

...113 3.0 GEO 201 3.0 PHYS...BUSN 502 3.0 ECON 616 3.0...

Minor in Global Engineering

http://catalog.drexel.edu/undergraduate/collegeofengineering/globalengineering/

...in this minor. Program Requirements * Require ECON 201 and ECON 202 as pre-requisites. ** Requires...

Interior Design BS / Urban Strategy MS

http://catalog.drexel.edu/undergraduate/collegeofmediaartsanddesign/interiordesignbsurbanstrategyms/

...AFAS, ANTH, CJS, CS, ECON, ENSS, ENVS, PSCI...493 3.0 VSST 201 or 202 4...

Teacher Education, Secondary Mathematics BS / Teaching, Learning and Curriculum MS

http://catalog.drexel.edu/undergraduate/schoolofeducation/teachered-secondarymathbs-teachinglearningcurriculumms/

...Credits Summer Credits COOP 101 1.0 ECON 201 4.0 CHEM 101 3.5...

Elementary Education: Middle Level Math and English

http://catalog.drexel.edu/undergraduate/schoolofeducation/elementaryeducation/mlmathandenglish/

...EXPERIENCE COOP EXPERIENCE EDLT 326 3.0 ECON 201 4.0 EDUC 361 1.5...

Elementary Education: Middle Level Science and Math

http://catalog.drexel.edu/undergraduate/schoolofeducation/elementaryeducation/mlmathandscience/

...EXPERIENCE COOP EXPERIENCE EDLT 326 3.0 ECON 201 4.0 EDUC 361 1.5...

Elementary Education: Middle Level Science and English

http://catalog.drexel.edu/undergraduate/schoolofeducation/elementaryeducation/mlscienceandenglish/

...EXPERIENCE COOP EXPERIENCE EDLT 326 3.0 ECON 201 4.0 EDUC 361 1.5...

Teacher Education: Mathematics

http://catalog.drexel.edu/undergraduate/schoolofeducation/teachereducation/math/

...Credits Summer Credits COOP 101 * 1.0 ECON 201 4.0 CHEM 101 3.5...

Teacher Education: Computer Science

http://catalog.drexel.edu/undergraduate/schoolofeducation/teachereducation/computerscience/

...326 3.0 CS 265 3.0 ECON 201 4.0 EDEX 368 3.0...

Computer Science BS / Computer Science MS

http://catalog.drexel.edu/undergraduate/collegeofcomputingandinformatics/computersciencebs-ms/

...any ACCT, BLAW, BUSN, ECON, ENTP, FIN, HRMT...360 3.0 MATH 201 4.0 MATH...

Civil Engineering BSCIV / Environmental Engineering MSENE

http://catalog.drexel.edu/undergraduate/collegeofengineering/civilengineeringbs_environmentalengineeringms/

...232 3.0 PHYS 201 4.0 (UG...courses chosen. + CIVE 564 , ECON 616 , PLCY 503...

Interior Design

http://catalog.drexel.edu/undergraduate/collegeofmediaartsanddesign/interiordesign/

...AFAS, ANTH, CJS, CS, ECON, ENSS, ENVS, PSCI...0 VSST 202 or 201 4.0 PHYS...

Interior Design BS / Design Research MS

http://catalog.drexel.edu/undergraduate/collegeofmediaartsanddesign/interiordesignbsdesignresearchms/

...AFAS, ANTH, CJS, CS, ECON, ENSS, ENVS, PSCI...493 3.0 VSST 201 or 202 4...

Interior Design BS / Interior Architecture MS

http://catalog.drexel.edu/undergraduate/collegeofmediaartsanddesign/interiordesignbs-interiorarchitecturems/

...AFAS, ANTH, CJS, CS, ECON, ENSS, ENVS, PSCI...Elective 3.0 VSST 201 or 202 4...

Health Services Administration BS / Public Health MPH

http://catalog.drexel.edu/undergraduate/collegeofnursingandhealthprofessions/healthservicesadministrationpublichealth/

...CS 150 3.0 ECON 240 4.0...HSCI 345 or STAT 201 4.0-4...

Special Education PK-12

http://catalog.drexel.edu/undergraduate/schoolofeducation/specialeducationpk-12/

...418 3.0 EDUC 409 9.0 ECON 201 4.0 PSY 330 3.0...

Elementary Education (PK & Spec Ed) BS / Teaching, Learning & Curriculum MS

http://catalog.drexel.edu/undergraduate/schoolofeducation/elementaryedpkspecialedbs-teachinglearningcurriculumms/

...405 1.0 EDEX 414 9.0 ECON 201 4.0 EDUC 530 3.0...

Elementary Education PK4 BS / Teaching, Learning & Curriculum MS

http://catalog.drexel.edu/undergraduate/schoolofeducation/elementaryedpk4bs-teachinglearningcurriculumms/

...Credits Summer Credits COOP EXPERIENCE COOP EXPERIENCE ECON 201 4.0 EDLT 325 3.0...

Elementary Education PK-4th Grade BS / Creativity & Innovation MS

http://catalog.drexel.edu/undergraduate/schoolofeducation/elemedpk4bs-creativityinnovationms/

...Credits Summer Credits COOP EXPERIENCE COOP EXPERIENCE ECON 201 4.0 EDLT 325 3.0...

Elementary Education: PK-4 and Special Education

http://catalog.drexel.edu/undergraduate/schoolofeducation/elementaryeducation/pk4specialed/

...405 1.0 EDEX 414 9.0 ECON 201 4.0 EDUC 409 9.0...

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