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National College Credit Recommendation Service

Board of Regents  |  University of the State of New York

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Maalot Educational Network | Evaluated Learning Experience

Microeconomics (ECO112)

Location: 
Maalot, Jerusalem, and other authorized locations.
Length: 
39 hours (13 weeks).
Dates: 

September 2009 - Present.

Instructional delivery format: 
Traditional classroom model
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: 

Major 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).

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