Resource allocation in a market economy, with an emphasis on the workings of the price system under competitive and monopolistic conditions. The welfare costs of departures from perfect competition are examined, and students are introduced to game theory and the economics of information.

Semester Course Offered

Offered every year.

Grading System

A-F (Traditional)

Prerequisite

(ECON 2106 or ECON 2106E) and (ECON 2105 or ECON 2105E) and (MATH 2200 or MATH 2250 or MATH 2250E or BUSN 4000)

Athena Title

Intermediate Microeconomics

Syllabi ECON 4010
Credit Hours 3.0