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Course Catalog

Intermediate Microeconomics

This course focuses on consumer demand theory, utility maximization and elasticity, theory of the firm, production and cost functions, and profit maximization. Topics also include price and output decisions under perfect competition, monopoly and imperfect competition, factor markets, general equilibrium and pareto-optimality, income distribution, and market failure. Prerequisite: ECON 102. Fall semester

Grade Basis: Letter Grade
Credits: 4.0