ECO 3021 INTERMEDIATE MICROECONOMICS

Provides a framework on understanding consumer and producer behavior. Introduction to the theory of utility maximization for the consumer, optimal allocation of resources for the producer and to the theory of externalities. Emphasis on optimal allocation of resources under perfect competition, monopoly, monopolistic competition and oligopoly. Understand the rationale and objectives of companies, operating in various segments of the market.

Credits

3

Prerequisite

ECO*1020 and ECO*1021

Offered

EVERY SEMESTER