ECON 301 - Intermediate Microeconomics

Credits: 3

Develops basic techniques and fundamental concepts of microeconomic theory. Learn to use economic reasoning to understand the social consequences of decisions made by individual consumers, producers, and governments. Analyze the nature of market outcomes under alternative market structures, and further discuss possible welfare-improving government policies when markets fail to be efficient. Special attention is paid to the analysis of strategic behavior and markets with public goods and externalities.

Prerequisites: ECON 130 or consent.
General Education Designation(s): DS