The Price System (ECA-111)

Semester:
Spring 2026
Course Number:
0203-111-665
Instructor:
Soon Ryoo
Days:
TBA
Format:
Online, asynchronous
Location:
Online
Credits:
3
Course Meets:
January 26 - March 14
Notes:

Open to cpcs undergrad students
Not open to wsb students. other students who want to register, please email
Cpcs@adelphi.edu for link to waitlist. expect response in january.

Course Materials:
Description:

An analysis of economic decision making, combined with the study of contemporary economic institutions, problems and policy alternatives. Examines scarcity and choice, the price mechanism and planning, the structure of American business and labor, and issues such as income distribution and the role of government in economic affairs.

Distribution Requirement:
Social Sciences
Learning Goals:

Upon completion of this course, the successful student should be able to:Understand the Foundation of Economics: The Economizing Problem Understand How Prices and Output Quantities are Determined. Identify the Characteristics of the Market System Measure the sensitivity level of demand as price changes. Understand how firms make production decisions. Understand how firms make production decisions in the four different market models: pure competition, pure monopoly, monopolistic competition and Microeconomics of resource markets

*The learning goals displayed here are those for one section of this course as offered in a recent semester, and are provided for the purpose of information only. The exact learning goals for each course section in a specific semester will be stated on the syllabus distributed at the start of the semester, and may differ in wording and emphasis from those shown here.

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