ECON 33040 Intermediate Microeconomics
This course examines and expands on the concepts introduced in ECON 23020 and introduces additional tools of economic analysis. Topics covered include partial equilibrium analysis using supply and demand, utility maximization, elasticity, welfare economics, and the behavior of competitive firms. The course also introduces theories of market failures such as monopoly, externalities, and public goods.
Credits
3
Prerequisite
a grade of C or better in
ECON 23020. Also required is the successful completion of the Writing Proficiency Assessment (WPA) or
ENG 21000.
Offered
Fall semester only.