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National College Credit Recommendation Service

Board of Regents  |  University of the State of New York

Maalot Educational Network | Evaluated Learning Experience

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Microeconomics (ECO112)

Course Category: 
Business/Accounting - Maalot Educational Network
Length: 

Classroom: 39 hours (13 weeks); Distance/Hybrid: Varies. 

Location: 
Traditional classroom-based offered at Maalot, Jerusalem, and other authorized locations. Distance learning and hybrid options available.
Dates: 

September 2009 - Present.

Instructional delivery format: 
Traditional classroom model
Online/distance learning
Hybrid course/exam
Learner Outcomes: 

Upon successful completion of the course, students will be able to: explain utility and demand theory; analyze cost; discuss imperfect competition in the marketplace; describe the role of government in the markets; explain the elements of international trade; and apply Game Theory to economic situations.

Instruction: 

Topics include: determination of output and price, theories of utility and demand, production cost analysis and marginal products, marginal costs, pricing input factors, land, resources, wages, salaries, and the labor market, competition - perfect and imperfect, oligopoly, monopoly, regulation, and anti trust policy, government policy and public choice, economic growth, international trade, and elements of risk and applied Game Theory.

Credit recommendation: 

In the lower division baccalaureate/associate degree category OR in the upper division baccalaureate degree category, 3 semester hours in Microeconomics or Business (2/11) (4/16 revalidation) (3/21 revalidation).

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