May 11, 2025  
2018-2019 COLLEGE CATALOG 
    
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2018-2019 COLLEGE CATALOG [ARCHIVED CATALOG]

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ECO 202 Principles of Microeconomics

3 credit(s)
Note: Students with an intended major at Virginia Tech in Human Nutrition, Foods and Exercise may choose PSY 216  , PSY 230   or SOC 200  as an alternative to ECO 202.

Introduces the basic concepts of microeconomics. Explores the free market concepts with coverage of economic models and graphs, scarcity and choices, supply and demand, elasticities, marginal benefits and costs, profits, and production and distribution. Lecture 3 hours per week.


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