Nov 24, 2024  
2021-2022 Academic Catalog 
    
Catalog Navigation
  Catalog Home
  Archived Catalogs
  Schools and Departments
  Undergraduate Degree Programs
  Graduate Degree Programs
  Course Prefix Identification and Coding Rationale
  Courses
  The University
  Student Finance
  University Calendar
  Libraries and Learning Technologies
  Academic Support Services
  AUC Press
  Undergraduate Admissions
  Undergraduate Academic Requirements & Regulations
  First-Year Program (FYP) Orientation
  Undergraduate Studies
  The Core Curriculum
  Academic Advising Center
  Graduate Admissions
  Graduate Academic Requirements & Regulations
  Research
  Community Based Learning
  Continuing Education and Training Programs
  Leadership
  Facts and Figures
  Catalog PDF Extract
  My Portfolio
HELP
2021-2022 Academic Catalog [Published Catalog]

Add to Portfolio (opens a new window)

ECON 302/3011 - Intermediate Microeconomic Theory (3 cr.)


Prerequisites
For Economics students   and ECON 3061  

For Actuarial science students 

  and MACT 2132  or ECON 3061  

 

For ACTS

  and MACT 2132  or ECON 3061  

Description
Preferences, utility theory, and derivation of consumer demand. Convergence conditions in consumer choice. Slutsky decomposition. Supply, cost structure, factor inputs, and technology. Properties of production functions including the Euler Theorem. Monopoly, duopoly (Bertrand and Cournot), oligopoly, monopolistic, and competitive markets. The extent of market entry. Labor choice, the capital asset pricing model, and technological innovation. Introduction to game theory. General equilibrium and welfare economics.

When Offered
Offered in fall and spring.


Check course scheduling information



Add to Portfolio (opens a new window)