EC 312 - Microeconomic Theory

This course builds rigorously on micro principles. It develops neoclassical theoretical explanations for different market structures & outcomes, using stylized facts, deductive reasoning, and mathematical techniques. Major topics: consumer & producer theory, market structures, game theory, market failures & factor markets. Students should be comfortable with algebraic operations. This course is a foundation for electives such as development, labor, international and environmental economics.

Credits: 4

Prerequisites/Restrictions: (EC-103) and (MA-130 or MA-150) or Permission of Instructor.