EC 311 Intermediate Microeconomics I
Provides the student with a rigorous grounding in the methods and techniques of microeconomics, with a focus on market equilibrium and consumer theory. The model of indifference analysis will be developed and applied to household decisions including labor supply. Other topics include behavioral economics and decision-making under risk and uncertainty.
Prerequisite: EC 201, MTH 110 or MTH 111, and sophomore standing
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