ECO 3021 INTERMEDIATE MICROECONOMICS
Provides a framework on understanding consumer and producer behavior. Introduction to the theory of utility maximization for the consumer, optimal allocation of resources for the producer and to the theory of externalities. Emphasis on optimal allocation of resources under perfect competition, monopoly, monopolistic competition and oligopoly. Understand the rationale and objectives of companies, operating in various segments of the market. Prerequisites: ECO 1020 Principles of Macroeconomics ECO 1021 Principles of Microeconomics
Prerequisite
ECO*1020 ECO*1021
Offered
EVERY SEMESTER