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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
Face to Face
Downtown Dayton Campus
Bldg 5, Rm 312
Faculty: Zavakos
Term: Summer 2023
Format: Condensed content. Shorter than normal term. Course meets in person on scheduled days and times.
Open Seats: 17
Meets: TTH from 12:00PM to 1:50PM
Section: 201
Open Seats: 17
Meets: TTH from
12:00PM to 1:50PM
Section: 201
Online Learning
Online Learning
Faculty: Vance
Term: Summer 2023
Format: Condensed content. Shorter than normal term. 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: 2
Section: 5T1
Open Seats: 2
Section: 5T1
Online Learning
Online Learning
Faculty: Erbe
Term: Summer 2023
Format: Condensed content. Shorter than normal term. 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: 7
Section: 5T2
Open Seats: 7
Section: 5T2
Online Learning
Online Learning
Faculty: Vance
Term: Summer 2023
Format: Condensed content. Shorter than normal term. 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: 14
Section: 5T3
Open Seats: 14
Section: 5T3
Online Learning
Online Learning
Faculty: Erbe
Term: Summer 2023
Format: Condensed content. Shorter than normal term. 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: 13
Section: B51
Open Seats: 13
Section: B51