Principles of Microeconomic Theory II

4 units · Graduate courses (200-299)

Lecture, three hours; discussion, one hour; outside study, eight hours. Requisite: course 201. Second course in two-term sequence (see course 201) covering both theory and policy applications. Topics include monopoly, factor markets, general equilibrium, welfare economics, externalities, public goods, uncertainty, and intertemporal optimization. Letter grading.