CONCORDIA UNIVERSITY

ECON 201: Introduction to Microeconomics

Comprehensive Study and Exam Preparation Guide 2026

Part 01: Revision Notes

Part 02: Sample Examination Paper

Part 03: Detailed Solutions and Explanations

Part 04: Proven Exam Strategies and Tips

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Concordia University - Introduction to Microeconomics (ECON 201)

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ACADEMIC YEAR 2026 - 2027

University	Concordia University
Department	Economics
Course Code	ECON 201
Course Name	Introduction to Microeconomics
Notes Title	Comprehensive Study and Exam Prep Guide
Page Length	121

Reinforce and practise the skills learned with step-by-step support from our best tutors in ECON 201: Introduction to Microeconomics at Concordia University, helping you achieve your maximum potential. This is a complete revision guide covering all examinable material for the course. Within this document, you will find a comprehensive evaluation of all examinable topics outlined beforehand. Every learning outcome that can be tested is explored in depth, and diagrams are provided to aid retention. This guide is extremely helpful for revising all topics and preparing for the final examination.

ECON 201: Introduction to Microeconomics introduces the fundamental principles of how markets function, focusing on the interaction between supply and demand, the role of prices in resource allocation, and how firms make production decisions. You will explore different market structures, such as perfect competition and monopoly, and their implications for economic efficiency. The course also explores topics like labor markets, wage determination, and externalities, providing a well-rounded understanding of how individual, firm, and government decisions shape economic outcomes.

Economics is the study of choices, as trade-offs are an essential part of everyday life. By learning how to analyze costs and benefits, this course equips you to think like an economist and make rational decisions. You will develop a deeper understanding of market behavior through topics such as elasticity, welfare economics, consumer choice, and the dynamics of capital markets. Ultimately, this course provides insights into the economic forces that influence both personal decisions and broader societal outcomes.

COURSE CODE	COURSE NAME
ACCO 230	Introduction to Financial Accounting
ACCO 310	Financial Reporting I
ACCO 320	Financial Reporting II
ACTU 256	Mathematics of Finance
COMM 215	Business Statistics
COMM 217	Financial Accounting
COMM 220	Analysis of Markets
COMM 222	Organizational Behaviour and Theory
COMM 223	Marketing Management
COMM 305	Managerial Accounting
COMM 308	Introduction to Finance
COMM 315	Business Law and Ethics
ECON 201	Introduction to Microeconomics
ECON 203	Introduction to Macroeconomics
ECON 221	Statistical Methods I
ECON 222	Statistical Methods II
ECON 301	Intermediate Microeconomic Theory I
ECON 421	Econometrics I
ECON 423	Topics in Applied Econometrics
FINA 385	Theory of Finance I
FINA 395	Theory of Finance II
FINA 411	Portfolio Management
FINA 412	Options and Futures
PSYC 315	Statistical Analysis I
STAT 250	Statistics
STAT 460	Time Series and Forecasting

MITCA

Updated for 2026

Concordia University - Introduction to Microeconomics (ECON 201)

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