Intermediate Microeconomics.

Catalog description

This course helps students develop a sound understanding of microeconomic analysis. The primary objective of the course is to study consumer and producer behavior and analyze their interactions in the market system. We approach this from three ways: economic intuition, math, and graphs. Two themes of the course are economic decisions and economic institutions. We will study how various economic agents make choices and the implications of these choices for the overall allocation of resources for society. We will also study various market imperfections and their consequences for economic welfare. Prerequisite: ECON 211 , ECON 212 , and ( MATH 235 or MATH 135 ).