Course Detail

ECON 403 Adv Microeconomic Theory 3.00 credits
The focus of this course is economic decision-making in consumer and producer theory. Topics include: consumer's budget constraints and utility maximization, producer's profit maximization and cost minimization, comparison of decisions under perfect competition and monopoly, and externalities. Fall.
Prerequisite: ECON 201 Minimum Grade: B- or ECON 270H Minimum Grade: B- and (MATH 114 Minimum Grade: D or MATH 148 Minimum Grade: D or MATH 157 Minimum Grade: D)