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ARE 200B

— Microeconomic Theory

(4 units)

Characteristics of market equilibrium under perfect competition, simple monopoly and monopsony. Emphasis on general equilibrium and welfare economics; the sources of market success and market failure.

Prerequisites & course information

Course Description: Characteristics of market equilibrium under perfect competition, simple monopoly and monopsony. Emphasis on general equilibrium and welfare economics; the sources of market success and market failure. Learning Activities: Lecture 3 hour(s), Discussion 1 hour(s). Cross Listing: ECN 200B . Grade Mode: Letter. Learning Activities: Lecture 3 hour(s), Discussion 1 hour(s). Cross Listing: ECN 200B . Grade Mode: Letter.

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