ECON BC 3035x and y Intermediate Microeconomic Theory
Preferences and demand; production, cost, and supply; behavior of markets in
partial equilibrium; resource allocation in general equilibrium; pricing of
goods and services under alternative market structures; implications of
individual decision-making for labor supply; income distribution, welfare,
and public policy. Emphasis on problem solving. - L. Munasinghe
Prerequisites: An introductory course in microeconomics or a combined macro/micro principles course (ECON BC1003 or ECON W1105, or the equivalent) and one semester of calculus or ECON BC1007, or permission of the instructor.