ECO 291 Intermediate Microeconomic Theory
The course examines the development of the theories of the price mechanism
under competitive and non-competitive market situations. The costs and
revenue decisions of the firm are analyzed within the context of standard
assumptions about economic behavior. The welfare implications of
contemporary problems under partial and general equilibrium conditions are
explored.
Prerequisite: Economics 101 and Math 111, or consent of the department
chair.
Credits: 1