ECON8103

ECON 8103 - Microeconomic Theory (2 Cr.)

Economics (10960) TCLA - College of Liberal Arts

ECON 8103 - Microeconomic Theory (2 Cr.)

Course description

Decision problems faced by the household and firm; theories of choice under conditions of certainty and uncertainty. Partial equilibrium analysis of competition and monopoly. General equilibrium analysis. Welfare economics: economic efficiency of alternative market structures, social welfare functions. Dynamics: stability of markets, capital theory. Seven-week course.

prereq: 8102, concurrent registration is required (or allowed) in Math 5616 or concurrent registration is required (or allowed) in Math 8602 or comparable abstract math course, grad econ major or instr consent

Minimum credits

2

Maximum credits

2

Is this course repeatable?

No

Grading basis

OPT - Student Option

Discussion

Lecture

Requirements

000459

Typically offered term(s)

Every Spring