Academic Catalog 2020–2021

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ECO305 Intermediate Microeconomics

[3–0, 3 cr.]

This course covers in depth the theory and applications of consumer and producer behavior. It covers topics such as price/wage determination under various market structures, estimation of demand for a given product, analysis of a firm’s pricing strategies, levels of price discrimination, comparison of the welfare effects of different policies, and externalities and public goods.

Prerequisites: ECO201 Microeconomics and ECO202 Macroeconomics