Study of individual economic units with particular emphasis on market interactions among firms and households.
Dates: May 20 - June 28, 2019
Microeconomics is the branch of economics that pertains to decisions made at the individual level, such as the choices individual consumers and companies make after evaluating resources, costs, and tradeoffs. We study how firms behave under competitive conditions, monopoly, and oligopoly using theory and case studies. Online lectures prepared by professor complement textbook reading.
Students should expect to spend 10-12 hours per week reading text, listening to online lectures, and preparing homework.
6 problem sets that incorporate graphing cost curves, modelling economic behavior under various market conditions, and applying concepts analytically to case studies.
Online Course (View Campus Map)