This course is an introduction to the principles and tools of microeconomic analysis. Microeconomics provides students with the analytical perspective to think critically about how individuals and firms make economic decisions in a world of scarce resources. Students learn to apply basic principles of microeconomics to one's day-to-day decision-making. This course in economics is designed to give students a working knowledge of the subject and to increase their understanding of the market economy, as well as their role within this system.
Microeconomics and Macroeconomics can be taken concurrently or in any order.
Prerequisites
Pre-calculus 11, or equivalent, or active registration with the British Columbia College of Nurses and Midwives (BCCNM).
Missing prerequisites?
Learn more about VCC's academic upgrading or English as a Second Language (ESL) courses, or discover which university transfer options are right for you.
What you will learn
- Introduction to Economics
- Scarcity and Opportunity costs
- Gains from trade
- Demand and Supply
- Elasticity
- Efficiency and Equity
- Rent Controls, Minimum Wages
- Market Structures
- Decisions about costs, pricing, and profits
- Externalities
- Government regulation
How to register
This course is offered as part of a VCC program only.
Course schedules
Select your program to see the available course schedules.
Contact us
If you have any question, please email at advising@vcc.ca.
† This information is intended as a guideline only. Program and course details are subject to change with the approval of VCC's Board of Governors.