Intermediate Microeconomics

(4 Credits)

Rigorous examination of consumer choice, profit-maximizing behavior on the part of firms, and equilibrium in product markets. Topics include choice under uncertainty, strategic interactions between firms in noncompetitive environments, intertemporal decision making, and investment in public goods. Prerequisites: ( ECON-SHU 2 Principles of Microeconomics or ECON-SHU 3 Microeconomics ) and ( MATH-SHU 131 Calculus or ECON-SHU 5 Math for Econ 1: Optimization ). Fulfillment: Economics Major Requirement; Social Science Major Focus Courses Political Economy - 200 level.