This course introduces students to the study of Microeconomics by focusing on how we make choices in a world of scarce resources. We start by learning about the first analytical model in economics: supply, demand, and equilibrium. Next, we move on to discuss elasticity, choice, and competition, three key concepts in economics. We will discuss the positive and negative impacts of monopolies, and the steps government takes to regulate them. After this, we will learn about inequality in economic distribution, several labor issues, and how risk manifests within an economy. We conclude by learning about financial markets, the public economy, the role of government, and international economics.