Schedule
Mon-Wed-Fri, 9:00 AM - 9:50 AM (8/21/2023 - 12/1/2023) Location: MAIN CH 209
Wed, 8:00 AM - 10:00 AM (12/6/2023 - 12/6/2023) Location: FINAL
Description
The purpose of this course is to enhance the understanding of introductory concepts learned in the Principles of Microeconomics (EC 102). Microeconomic theory provides the framework required for a rigorous analysis of how individual consumers and producers make decisions, how competition takes place via the market and how the market allocates resources. It will aim at an in-depth study of the consumer behavior and implications of different market structures such as perfect competition, monopoly, and oligopoly for pricing behavior and social welfare.