Demand/Supply/Firms/Households credit:

4 Hours

Applications of demand and supply theories and applications of firm and household behavior. Topics include demand and supply systems, aggregation and separability, dynamics, formation and boundaries of the firm, household decision making, intrahousehold allocation, allocation of time, human capital, and hedonics. Same as ECON 553 . Prerequisite: ECON 500 and ACE 501 .