Intermediate Microeconomics

Catalog description

The purpose of this course is to develop the analytical skills required for dealing with problems of economic behavior and resource allocation, along with an appreciation of the methodological issues involved in modern economic analysis. The course covers the traditional body of microeconomic theory, including: utility theory and consumer behavior, the analysis of production and the behavior of the firm, coordination in product and factor markets under perfect competition, and the impact on market operations of monopoly, imperfect competition, externalities, asymmetric information, and public goodS