ECON 410 Intermediate Microeconomics II

3 semester hours

Microeconomic theory applied to the public sector. General equilibrium theory for exchange and production economies, First Theorem of Welfare Economics, public goods, Samuelson condition, externalities and policy remedies, information theory and social insurance, intertemporal choice, uncertainty, cost-benefit analysis, welfare economics and income redistribution.

Prerequisite: ECON 310 .

Offered in the Spring semester only.

Prerequisite(s): UG ECON 310 C-