Analysis of economic decision-making by individual buyers and sellers, and resulting market outcomes, with emphasis on theoretical rigor. The efficient properties of perfect competition are examined, followed by consideration of market power, externalities, and asymmetric information.
ECON326: Intermediate Microeconomic Analysis
Prerequisite: Minimum grade of C- in ECON300. Restriction: Must be in a major within the BSOS-Economics department. Credit only granted for: ECON306 or ECON326. Additional information: ECON306, Intermediate Microeconomic Theory and Policy, is a different course designed for other majors besides economics. ECON326 is accepted for ECON major requirements, but ECON306 is not.
Grading Method: Regular , Pass-Fail , Audit