ECON 3100 Intermediate Microeconomics

4 semester hours

Microeconomic theory applied to the private sector. Indifference curves, utility theory, Slutsky equation, individual and market demand, technology, cost minimization, cost curves, consumer and producer surplus, efficiency, perfect competition, monopoly, price discrimination, classical oligopoly theory, game theory including Nash equilibrium, resource markets.

Prerequisites: A grade of at least B- in ECON 1050 and a grade of at least B- in MATH 112 or of at least C in MATH 131 .

University Core fulfilled: Flag: Quantitative Literacy.