Intermediate Microeconomic Theory

ECON-2010

This course combines demand, derived from consumer preferences, and supply, based on firms’ production functions, to establish market prices for goods and services. Calculus-based techniques are used to minimize costs and maximize utility and profits across differing industry structures. Product pricing strategies are examined. The course also provides an introduction to topics such as the pricing of stocks and bonds, game theory, positive and negative externalities, asymmetric information, and behavioral economics.

Past Term Data