— Microeconomic Theory

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: ARE 200B . Grade Mode: Letter. Learning Activities: Lecture 3 hour(s), Discussion 1 hour(s). Cross Listing: ARE 200B . Grade Mode: Letter.