ECON 32100 - Intermediate Microeconomic Theory

Intermediate-level microeconomics; theoretical basis of demand; production; pricing under conditions of competition and monopoly; allocation and pricing of resources; partial and general equilibrium analysis; welfare economics.

Preparation for Course
P: ECON 20101 with grade of C- or better.
Sophomore or higher class standing.

Cr. 3.
Student Learning Outcomes
1. Apply core microeconomic models, including consumer choice theory and production theory, to interpret economic behavior.
2. Analyze and solve applied microeconomic problems by integrating theoretical concepts with real-world applications.
3. Compare and evaluate different market structures and their implications in real economic settings.
4. Employ game-theoretic tools to assess strategic interactions among firms and consumers in various market contexts.