Prerequisites: MATH 095 or MATH 007C or Equivalent based on SBCC's Assessment Center placement via multiple measures.Course Advisories: MATH 107, ENG 110 or ENG 110H.Principles of microeconomic analysis, economic institutions, and issues of public policy. Topics include scarcity, specialization and trade, market equilibrium, elasticity, production and cost theory, market structures, factor markets, and market failure.Hours: 54 (54 lecture)Transfer Information: C-ID (ECON 201.), CSUGE Area D2, IGETC Area 4B, CSU Transferable, UC Transferable (ECON 101 and 101H combined: maximum credit, 1 course.)SBCC General Education: SBCCGE Area BGrading Options: Pass/No Pass or Standard Letter