Detailed Course Information |
Spring 2012
Apr 27,2024 |
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| ECON 201 - INTERMEDIATE MICROECONOMICS |
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With this study of how individual agents, both firms and households, interact in market situations to determine the price of goods and services, students gain a better understanding of how scarce resources are allocated. Intermediate Microeconomics is a more theoretical treatment of some of the topics covered in Microeconomics. The class will be concerned with learning tools of economic analysis, which are applicable to economic situations such as: consumer sovereignty, the labor/leisure tradeoff, the economics of information and monopsony power in baseball. The goals of the class include: learning the intermediate tools and terminology that economists use, developing a theoretical approach for analyzing consumer preferences, showing how altruism can be explained using utility theory, exploring the relationship between inputs and outputs and understanding how economic theory can explain everyday economic behavior.
0.000 TO 4.000 Credit hours 0.000 TO 4.000 Lecture hours Levels: Undergraduate Schedule Types: Lecture Economics Department Restrictions: Must be enrolled in one of the following Levels: Undergraduate Prerequisites: FOR ECON 201 General Requirements: ( Course or Test: ECON 101 Minimum Grade of D May not be taken concurrently. and Course or Test: ECON 102 Minimum Grade of D May not be taken concurrently. ) and ( Course or Test: MATH 101 Minimum Grade of D May not be taken concurrently. ) or ( Course or Test: MATH 110 Minimum Grade of D May not be taken concurrently. ) or ( Course or Test: MATH 121 Minimum Grade of D May not be taken concurrently. ) |
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