Individual consumer and firm behavior under perfect competition. The role of markets and prices in a decentralized economy. Monopoly in partial equilibrium. Economic tools developed from multivariable calculus using partial differentiation and techniques for constrained and unconstrained optimization.
- A permission number is required to enroll in this course. Visiting students, who have taken courses at another academic institution that are equivalent to the listed prerequisite(s), must submit the Prerequisite Form to the Economics Department in order to register for this class.
- Must be taken for a Letter grade if majoring/minoring in Economics.