ECON1116 (Principles of Microeconomics) course reviews and ratings at Northeastern (NEU). Average rating 3.8/5. Compare professors with RateMyProfessor reviews.
Introduces microeconomics—a branch of economics that focuses on the interaction of consumers, firms, and governments in markets. Covers a basic theory of supply, demand, and competitive equilibrium. Presents several market structures and emphasizes different forms of market and government failure. Explores the compatibility of efficiency and equity in a variety of areas, such as social justice, sustainability, and income distribution. Offers students an opportunity to become familiar with the economic way of thinking, which provides a foundation for subsequent learning in economics.
Data updated October 2026.