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.
- Grading Basis: Letter Grade or Credit/No Credit
- 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.
- Intensive Studies: This course is offered as part of the International Management Intensive. See the Intensive Studies page for more information on how to receive an official Document of Completion.
ECON 1 or 1V, and MATH 51 or CME 100 or CME 100A