ECN 3153 Intermediate Microeconomic Theory

Three hours (On Campus)

The rigorous application of the principles of optimization and equilibrium to develop theories of the consumer and the firm, which are then integrated into an analysis of competitive markets. Demand is derived from basic preferences, and supply is derived from underlying technology and cost conditions. Alternative market structures are also addressed, with a focus on contrasting market power and monopoly outcomes with the outcomes of competitive markets. Meets the Social and Behavioral Sciences requirement of the Core Curriculum.

Prerequisites: ECN 2113, and either MTH 1163, MTH 1173, or equivalent
Offered on campus Fall semester (odd-numbered years)