PUBPOL 2000

Intermediate Microeconomics

Course Description

Course information provided by the 2024-2025 Catalog. Courses of Study 2024-2025 is scheduled to publish mid-June.

Topics include theory of demand and consumer behavior including classical and indifference curve analyses; theories of production and cost; models for the following markets-competitive, monopoly, monopolistic competition, oligopoly, and inputs; general equilibrium; welfare economics; public goods; and risk.

Prerequisites/Corequisites Prerequisite: ECON 1110 (or equivalent).

Forbidden Overlaps Forbidden Overlap: due to an overlap in content, students will not receive credit for both ECON 3030 and PUBPOL 2000.

Last 4 Terms Offered 2025SP, 2024SP, 2023SP, 2022SP

Outcomes

• Employ budget constraints and consumer theory to analyze a wide variety of topics, including income effects, substitution effects, two-period models, team production, and the principle-agent problem.
• Use the models of perfect competition to analyze both short and long run equilibrium.
• Use the tools of game theory to analyze strategic pricing, output decisions, campaign spending, advertising, and so on.
• Explain and apply the models of microeconomics to topics covered in general interest news, topics of political interest, and to a current events.

Distribution Category (SBA-HE) (SBA-AG)

When Offered Spring.

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