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. Prerequisites: Econ 1 or 1V, and Math 51 or CME 100 or CME 100A.
- Enrollment Instructions: 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.
- Econ 1 or 1V
- Math 51 or CME 100 or CME 100A.