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Welcome to ECO 211! My name is Mark
Healy. I will be your economics instructor for the semester.
Please call me "Mark".
Many students end up dropping or
failing this course due to the lack of basic math skills. If
your math skills are weak you should consider building them
before taking this course. If you are required to take MTH
060 or MTH 082 and have not yet done so, do not take this
economics course until you have successfully completed one
of them. I have posted a practice math quiz on our
Blackboard site. Please take the 20 question math quiz. If
you score less than 14 or 15, consider dropping ECO 211 and
taking a math class first. Contact your instructor if you
have questions or concerns.
This course will cover the area of
economics commonly defined as MICROECONOMICS which is
concerned with the individual parts of the economy such as
individual businesses or industries, individual consumers,
and individual products. Our goal is to study whether the
economy uses our limited resources to obtain the maximum
satisfaction possible for society. We will concentrate on
three issues or goals: ALLOCATIVE EFFICIENCY, PRODUCTIVE
EFFICIENCY, and EQUITY.
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