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ECON 2811 - INDIVIDUALS, FIRMS, AND MARKETSMinimum Credits: 3 Maximum Credits: 3 Individuals, Firms, and Markets provides a rigorous introduction to contemporary microeconomic theory, with a focus on optimization techniques, the development of modeling skills and critical thinking strategies needed to understand and evaluate a wide variety of economic contexts. Topics covered include consumer and producer theory, decision making under uncertainty, choice over time, welfare analysis, competitive markets, monopoly, externalities, and public goods. The course stresses application of theory to economics and business problems, and a substantial amount of class work is devoted to examining scenarios based on such problems. Academic Career: Graduate Course Component: Lecture Grade Component: Grad LG/SNC Basis
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