ECON 4200 - Intermediate Theory (Micro)

3 unit(s)

Theory of consumer behavior and market demand; production costs, and the theory of the firm; theories of competition and monopoly; concentration and anti-trust policies; models of oligopoly and monopolistic competition; resource pricing and income distribution; elements of welfare economics.

Prerequisites: ECON 2500 and 2510 or consent of instructor.

Course Learning Outcomes List
Students will learn the development of:

Current economic theory;
In-demand analysis;
Utility measurements;
Cost and supply analysis;
Price theory under the four market structures.

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