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Sinclair College

ECO 2180 Principles of Microeconomics

Microeconomic theory including price theory, the theory of the firm, resource demand and wage determination. Also includes public policy toward business, economic inequality, labor, trade, balance of payments and the economics of third-world nations. Traditional testing (proctored or in Testing Center) is used in all online sections.

Prerequisites: DEV 0035 and MAT 0050 or MAT 1120

Course Outcomes
  • Differentiate firm behavior in competitive markets and imperfect markets.
  • Define basic microeconomics terms and concepts, including resource allocation, scarcity and choice, equilibrium, efficiency, positive and normative economics, comparative advantage, and specialization.
  • Describe supply and demand, the function of prices in markets, and how markets work and sometimes don’t work, for example market failure and externalities.
  • Explain the concepts of opportunity cost and the production possibility frontier.
  • Identify the effects of government intervention in markets.
  • Identify the costs of production and describe production theory.
  • Explain how consumers make choices.
Credit Hours: 3
  • Classroom: 3 hours
  • Division: Business and Public Services
  • Department: Economics and Finance
  • Repeatable Credit: No
  • Offered Online: Yes
Available Sections
Blended Learning
Downtown Dayton Campus
Faculty: Vance
Term: Fall 2022
Format: Course meets in person on scheduled days and times with additional online content. Check the schedule to confirm the days and times your class will meet in-person. Requires computer and high-speed internet.
Open Seats: 14
Meets: W from 5:30PM to 6:45PM
Section: YN1
Open Seats: 14
Meets: W from
5:30PM to 6:45PM
Section: YN1
Online Learning
Online Learning
Faculty: Vance
Term: Fall 2022
Format: Complete work online when it fits your schedule, while adhering to weekly deadlines. No scheduled meeting times. Requires computer and high-speed internet.
Course Fee: $22.50
Open Seats: 1
Section: 501
Open Seats: 1
Section: 501
Online Learning
Online Learning
Term: Fall 2022
Format: Complete work online when it fits your schedule, while adhering to weekly deadlines. No scheduled meeting times. Requires computer and high-speed internet.
Course Fee: $22.50
Open Seats: 16
Section: 502
Open Seats: 16
Section: 502
Face to Face
Courseview Campus Center (Mason)
Mason Bldg A, Rm 114
Faculty: Bergman
Term: Fall 2022
Format: Course meets in person on scheduled days and times.
Open Seats: 19
Meets: MW from 4:00PM to 5:15PM
Section: M01
Open Seats: 19
Meets: MW from
4:00PM to 5:15PM
Section: M01
Face to Face
Englewood Learning Center
Englewood, Rm 110
Faculty: Perez-Hunt
Term: Fall 2022
Format: Course meets in person on scheduled days and times.
Note: Live streaming
Open Seats: 22
Meets: TTH from 5:30PM to 6:45PM
Section: EV1
Open Seats: 22
Meets: TTH from
5:30PM to 6:45PM
Section: EV1
Face to Face
Huber Heights Learning Center
Huber Heights, Rm 115
Faculty: Perez-Hunt
Term: Fall 2022
Format: Course meets in person on scheduled days and times.
Note: Live streaming
Open Seats: 22
Meets: TTH from 5:30PM to 6:45PM
Section: HV1
Open Seats: 22
Meets: TTH from
5:30PM to 6:45PM
Section: HV1
Face to Face
Downtown Dayton Campus
Term: Fall 2022
Format: Course meets in person on scheduled days and times.
Open Seats: 15
Meets: MW from 9:30AM to 10:45AM
Section: 101
Open Seats: 15
Meets: MW from
9:30AM to 10:45AM
Section: 101
Face to Face
Downtown Dayton Campus
Term: Fall 2022
Format: Course meets in person on scheduled days and times.
Open Seats: 11
Meets: TTH from 9:30AM to 10:45AM
Section: 201
Open Seats: 11
Meets: TTH from
9:30AM to 10:45AM
Section: 201
Face to Face
Downtown Dayton Campus
Faculty: Vance
Term: Fall 2022
Format: Course meets in person on scheduled days and times.
Open Seats: 12
Meets: MW from 11:00AM to 12:15PM
Section: 103
Open Seats: 12
Meets: MW from
11:00AM to 12:15PM
Section: 103
Face to Face
Downtown Dayton Campus
Faculty: Daoud
Term: Fall 2022
Format: Course meets in person on scheduled days and times.
Open Seats: 11
Meets: TTH from 11:00AM to 12:15PM
Section: 203
Open Seats: 11
Meets: TTH from
11:00AM to 12:15PM
Section: 203
Online Learning
Online Learning
Term: Fall 2022
Format: Condensed content. Shorter than normal term - meets once or a few times only. Complete work online when it fits your schedule, while adhering to weekly deadlines. No scheduled meeting times. Requires computer and high-speed internet.
Note: A Term
Course Fee: $22.50
Open Seats: 24
Section: A51
Open Seats: 24
Section: A51
Online Learning
Online Learning
Term: Fall 2022
Format: Complete work online when it fits your schedule, while adhering to weekly deadlines. No scheduled meeting times. Requires computer and high-speed internet.
Course Fee: $22.50
Open Seats: 24
Section: 5T1
Open Seats: 24
Section: 5T1
Online Learning
Online Learning
Term: Fall 2022
Format: Condensed content. Shorter than normal term - meets once or a few times only. Complete work online when it fits your schedule, while adhering to weekly deadlines. No scheduled meeting times. Requires computer and high-speed internet.
Note: B Term
Course Fee: $22.50
Open Seats: 29
Section: B51
Open Seats: 29
Section: B51