|Time||Days||Location||Instructor||GER||Credit||OPUS Class Number||Syllabus (Tentative)|
White Hall 112
In this course, we learn the basic concepts and methods of microeconomics -- the study of how individual consumers and producers make their decisions and interact in markets under conditions of perfect and imperfect competition. We also apply these concepts and methods to a range of economic questions and policy issues. One important set of policy issues is whether and how markets may fail and whether, when they fail, government intervention may be needed to correct those failures. Topics covered include demand and supply in competitive markets, market power, game theory, information economics, and externalities and public goods.
Required Textbooks, Articles, and Resources
- Principles of Microeconomics. ISBN: 9780393068266.Publisher: Norton
|Assignment/Exam||Details||% of Total Grade|
|2 midterm exams, 1 final|
The schedule of courses on O.P.U.S. is the official listing of courses, including days and times they meet and the General Education Requirements they satisfy. Students should use course descriptions as general guidelines. Course requirements, grading details, book lists, and syllabi are subject to change.